VOL. 31, No. 1 2009
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Valuation of NFL Franchises
Valuation of NFL Franchises Author: Sam Hill Advisor: Connel Fullenkamp Acknowledgement: Samuel Veraldi Honors thesis submitted in partial fulfillment of the requirements for Graduation with Distinction in Economics in Trinity College of Duke University Duke University Durham, North Carolina April 2010 1 Abstract This thesis will focus on the valuation of American professional sports teams, specifically teams in the National Football League (NFL). Its first goal is to analyze the growth rates in the prices paid for NFL teams throughout the history of the league. Second, it will analyze the determinants of franchise value, as represented by transactions involving NFL teams, using a simple ordinary-least-squares regression. It also creates a substantial data set that can provide a basis for future research. 2 Introduction This thesis will focus on the valuation of American professional sports teams, specifically teams in the National Football League (NFL). The finances of the NFL are unparalleled in all of professional sports. According to popular annual rankings published by Forbes Magazine (http://www.Forbes.com/2009/01/13/nfl-cowboys-yankees-biz-media- cx_tvr_0113values.html), NFL teams account for six of the world’s ten most valuable sports franchises, and the NFL is the only league in the world with an average team enterprise value of over $1 billion. In 2008, the combined revenue of the league’s 32 teams was approximately $7.6 billion, the majority of which came from the league’s television deals. Its other primary revenue sources include ticket sales, merchandise sales, and corporate sponsorships. The NFL is also known as the most popular professional sports league in the United States, and it has been at the forefront of innovation in the business of sports. -
Annual Individual Statistical Leaders (Includes Bowl Games)
Annual Individual Statistical Leaders (includes bowl games) ANNUAL RUSHING LEADERS 1979 Charles White 11 332 2050 6.2 G TCB NYG AVG. 1980 Marcus Allen 10 354 1563 4.4 1925 Mort Kaer 11 105 576 5.5 1981 Marcus Allen 12 433 2427 5.6 1926 Mort Kaer 8 155 852 5.5 1982 Todd Spencer 10 141 596 4.4 1927 Morley Drury 9 223 1163 5.2 1983 Michael Harper 10 151 685 4.5 1928 Don Williams 8 173 681 3.9 1984 Fred Crutcher 12 307 1155 3.8 1929 Russ Saunders 11 185 972 5.3 1985 Ryan Knight 9 195 732 3.8 1930 Orv Mohler 10 145 983 6.8 1986 Ryan Knight 12 148 536 3.6 1931 Gus Shaver 11 199 936 4.7 1987 Steven Webster 10 239 1109 4.6 1932 Cotton Warburton 10 115 420 3.7 1988 Aaron Emanuel 7 108 545 5.1 1933 Cotton Warburton 11 149 885 5.9 1989 Ricky Ervins 12 269 1395 5.2 1934 Inky Wotkyns 10 133 588 4.4 1990 Mazio Royster 11 235 1168 5.0 1935 Nick Pappas 10 102 414 4.1 1991 Deon Strother 11 129 614 4.8 1936 Davie Davis 9 141 501 3.6 1992 Estrus Crayton 12 183 700 3.8 1937 Amby Schindler 8 134 599 4.5 1993 Shawn Walters 13 156 711 4.6 1938 Grenny Lansdell 11 118 462 3.9 1994 Shawn Walters 11 193 976 5.1 1939 Grenny Lansdell 10 154 742 4.8 1995 Delon Washington 12 236 1109 4.7 1940 Bobby Robertson 8 146 667 4.6 1996 LaVale Woods 12 119 601 5.1 1941 Bobby Robertson 9 120 483 4.0 1997 Delon Washington 11 125 444 3.6 1942 Mickey McCardle 11 96 413 4.3 1998 Chad Morton 11 199 985 4.9 1943 Eddie Saenz 10 71 445 6.3 1999 Chad Morton 12 262 1141 4.4 1944 Don Burnside (Doll) 10 70 428 6.1 2000 Sultan McCullough 12 227 1163 5.1 1945 Ted Tannehill 11 99 574 5.8 2001 Sultan McCullough 6 115 410 3.6 1946 Art Battle 9 69 296 4.3 2002 Sultan McCullough 13 179 814 4.5 1947 Don Doll 9 57 246 4.3 1948 Don Doll 10 67 265 3.9 ANNUAL PASSING LEADERS 1949 Bill Martin 9 128 357 2.8 G PA PC INT Pct. -
PROFESSIONAL FOOTBALL RESEARCHERS ASSOCIATION Bruiser Kinard
PROFESSIONAL FOOTBALL RESEARCHERS ASSOCIATION The Official Magazine of the Professional Football Researchers Association Volume 33, Number 6 November/December 2011 Inside This Issue PFRA-ternizing 2 More on the 1954 Sarnia 3 Imperials -Brian Marshall Defensive All-Pros: 1938- 8 1940 -John Hogrogian Chris Hanburger 10 -Mike Richman The 1982 Make-Up Games 13 -Denis Crawford Doubles 16 -TJ Troup AAFtermath 19 -Mark L. Ford Classifieds 23 Bruiser Kinard www.profootballresearchers.org Page 10 THE COFFIN CORNER November/December 2011 Chris Hanburger By Mike Richman Darrell Green, defensive end Bruce Smith and Chris Hanburger acted like a loner. He was very guard Russ Grimm. moody around the clubhouse and preferred not to socialize with teammates, and he barely “I am overwhelmed,” the soft-spoken Hanburger uttered a word to reporters, often saying “no said on the NFL Network soon after the comment.” announcement in February 2011. “It’s such a tremendous honor to just be nominated, let But Hanburger was more sociable on the field, alone be voted in. You have to think of all the where he went out of his way to greet ball men that played before I did, and all of the men carriers — however unceremoniously. A that I played with. It’s just a select few that make featherweight of a linebacker who sometimes it, and I think the only reason it’s happened to played at only 200 pounds, he specialized in me is that I had the fortune to play with a brutalizing foes with vicious clothesline tackles. Redskins defense that had some wonderful Instead of hitting ball carriers below the waist, people over the years that just made it all work textbook-style, the intimidator regularly tackled for me.” high, driving his powerful forearms into players to knock them off their feet. -
University of Nevada, Reno Quarterback Value Forecasting And
University of Nevada, Reno Quarterback Value Forecasting and Fixing the NFL Draft’s Market Failure A thesis submitted in partial fulfillment of the requirements for the degree of Master of Arts in Economics by Trevor M. Wojcik Dr. Mark Nichols/Thesis Advisor December, 2010 THE GRADUATE SCHOOL We recommend that the thesis prepared under our supervision by TREVOR MICHAEL WOJCIK entitled Quarterback Value Forecasting And Fixing The NFL Draft’s Market Failure be accepted in partial fulfillment of the requirements for the degree of MASTER OF ARTS Mark Nichols, Phd, Advisor Sankar Mukhopadhyay, Phd, Committee Member Rahul Bhargava, Phd, Graduate School Representative Marsha H. Read, Ph. D., Associate Dean, Graduate School December, 2010 i Abstract The National Football League (NFL) is a business that is worth nearly $7 billion annually in revenue. That makes it the largest money making sport in the United States. The revenue earned by each franchise is dependent upon the repeated success of the team. A commonly held belief is that for a franchise to be successful you must have an elite Quarterback. This thesis uses NFL data and for the 2000-2008 seasons to determine the role that Quarterback performance plays in team success. With the determination that Quarterbacks are important to NFL team success the question becomes how does a franchise effectively obtain the best player. The NFL player draft is the most commonly used method for teams to find their Quarterback of the future. The problem is that the success rate for drafting Quarterbacks is very low. In this thesis I have determined a more statistical approach to determining whether a drafted Quarterback will be successful. -
Big 12 Conference Schools Raise Nine-Year NFL Draft Totals to 277 Alumni Through 2003
Big 12 Conference Schools Raise Nine-Year NFL Draft Totals to 277 Alumni Through 2003 FOR IMMEDIATE RELEASE Apr. 26, 2003 DALLAS—Big 12 Conference teams had 10 of the first 62 selections in the 35th annual NFL “common” draft (67th overall) Saturday and added a total of 13 for the opening day. The first-day tallies in the 2003 NFL draft brought the number Big 12 standouts taken from 1995-03 to 277. Over 90 Big 12 alumni signed free agent contracts after the 2000-02 drafts, and three of the first 13 standouts (six total in the first round) in the 2003 draft were Kansas State CB Terence Newman (fifth draftee), Oklahoma State DE Kevin Williams (ninth) Texas A&M DT Ty Warren (13th). Last year three Big 12 standouts were selected in the top eight choices (four of the initial 21), and the 2000 draft included three alumni from this conference in the first 20. Colorado, Nebraska and Florida State paced all schools nationally in the 1995-97 era with 21 NFL draft choices apiece. Eleven Big 12 schools also had at least one youngster chosen in the eight-round draft during 1998. Over the last six (1998-03) NFL postings, there were 73 Big 12 Conference selections among the Top 100. There were 217 Big 12 schools’ grid representatives on 2002 NFL opening day rosters from all 12 members after 297 standouts from league members in ’02 entered NFL training camps—both all-time highs for the league. Nebraska (35 alumni) was third among all Division I-A schools in 2002 opening day roster men in the highest professional football configuration while Texas A&M (30) was among the Top Six in total NFL alumni last autumn. -
OFIICIALS Referelbob Frederic UMPIRE JUDGE BACK FIELD SIDE Ligourii4agert Swanson Don Hakes Duwaynegandy LINESMAN JIJDGE__
____ _____ _____ ______JUDGE___________ ' 'tSbi.Th,14i' 1(orn Al• (ireirt r, sm—un .J;'u Lv,e "Se s On ci Sunday 1:00 p.m. DAY OF WEEK TIME, Rivers Stadium VISITOR Cleveland Browns VS. HOMEPittsburgh Steelers AT__Three 500 WEATHER Cold and Rainy TEMPERATURE WIND AND DIRECTION. E @ 8MPH LI NE John Keck Ron Blum OFIICIALS REFERELBob Frederic UMPIRE JUDGE BACK FIELD SIDE LigouriI4agert Swanson Don Hakes DuwayneGandy LINESMAN JIJDGE__.. UN EU PS HOME OFFENSE DEFENSE OFFENSE DEFENSE WR89—John Jefferson LE96—ReggieCamp WR82-John Stallworth LE93-Keith Willis LT74-Paul Farren NT79—Bob Golic LT65-Ray Pinney NT78—Mark Catano LG62-George Lilja RE78—Carl Hairston LG73-Craig Woifley RE95—John Goodman C61-Mike Baab LOLB56—Chip Banks C52-Mike Webster LOLB57-Mike Merriweather RG69—Dan Fike LJLB51—Eddie Johnson RG 74-Terry Long LILB50—David Little RT63—Cody Risien RILB50—Tom Cousineau PT62-Tunch 11km RILB56-RobinCole TE82-Ozzie Newsonie ROLB57—Clay Matthews TE89-Bennie CunninghamR0LB53-BryanHinkle t'JR86-Brian Brennan LCB31—Frank Hinnifield WR83-Louis Lipps LCB22-Rick Woods QB19—Bernie Kosar RC B29-Hanford Dixon QB19-David Woodley RCB33-Harvey Clayton RB44-Earnest Byner $527—Al Gross RB34-Walter Abercrombie SS31-Donnie Shell FB34-Kevin Mack ES20-Don Rogers RB3D-Frank Pollard FS21—Eric Williams 7— P Jeff GossettSUBSTITUTIONS 1-K Gary Anders&JJBSTITUTIONS 9- K Matt Bahr 68— G Robert Jackson 10-QB Scott Campbell 63-UT Pete Rostosky 16-05Paul McDonald 72-NT Dave Puzzuoli 16-P Harry Newsome 23—GB Chris Brown 22-GB/S FelixWright 77-01 Ricky Bolden 24-RB/KR -
Annual Awards
ANNUAL AwARDS Rehan Muttalib ’09 TEAM AwARDS Coach bob blackman trophy Jake crouthamel award Kenneth t. young award To the player, selected To the junior or sopho- To the junior or sopho- by the coaching staff, more offensive player, more defensive player, who has contributed selected by the coaching selected by the coaching most to the success of staff, who has contrib- staff, who has contrib- the team . Gift of L . G . uted most to the success uted most to the success Balfour Company . of the team . Gift of Ken- of the team . Gift of Ken- neth Young ’48 . neth Young ’48 . Ian Wilson, SS Tim McManus, WR Peter Pidermann, FS 2008 Winner 2008 Winner 2008 Winner 1959 Bill Gundy, QB 1972 Rick Klupchak, HB 1978 Cody Press, DB 1960 Alan Rozycki, HB 1973 Tom Snickenberger, QB 1979 Jerry Pierce, LB 1961 Gary Spiess, HB 1974 Reggie Williams, LB 1980 Scott Hacker, LB 1962 Bill King, QB 1975 Pat Sullivan, OG 1981 Joe Moore, DB Don McKinnon, C-LB 1976 Sam Coffey, TB 1982 Steve Karol, LB 1963 Scott Creelman, E 1977 Jeff Hickey, LB 1983 Don Pomeroy, LB 1964 Jack McLean, DB 1978 Jeff Dufresne, TB 1984 Peter Kortebein, LB 1965 Ed Long, E 1979 Dave Shula, SE 1985 Tom Ramsey, DT 1966 Pete Walton, FB 1980 George Thompson, OG 1986 Brett Matthews, DB 1967 Steve Luxford, HB 1981 Wayne Ferree, OT 1987 Paul Michael, LB 1968 Randy Wallick, OE 1982 Jack Daly, WR 1988 Kevin Luensmann, DT 1969 Tom Quinn, HB 1983 Rich Weissman, TB 1989 Peter Chapman, DT 1970 John Short, HB 1984 Doug Keare, TE 1990 Sal Sciretto, DB 1971 Stuart Simms, FB 1985 Dave Gabianelli, QB Harry -
1967 APBA PRO FOOTBALL SET ROSTER the Following Players Comprise the 1967 Season APBA Pro Football Player Card Set
1967 APBA PRO FOOTBALL SET ROSTER The following players comprise the 1967 season APBA Pro Football Player Card Set. The regular starters at each position are listed first and should be used most frequently. Realistic use of the players below will generate statistical results remarkably similar to those from real life. IMPORTANT: When a Red "K" appears in the R-column as the result on any kind of running play from scrimmage or on any return, roll the dice again, refer to the K-column, and use the number there for the result. When a player has a "K" in his R-column, he can never be used for kicking or punting. If the symbol "F-K" or "F-P" appears on a players card, it means that you use the K or P column when he recovers a fumble. Players in bold are starters. If there is a difference between the player's card and the roster sheet, always use the card information. The number in ()s after the player name is the number of cards that the player has in this set. See below for a more detailed explanation of new symbols on the cards. ATLANTA ATLANTA BALTIMORE BALTIMORE OFFENSE DEFENSE OFFENSE DEFENSE EB: Tommy McDonald End: Sam Williams EB: Willie Richardson End: Ordell Braase Jerry Simmons TC OC Jim Norton Raymond Berry Roy Hilton Gary Barnes Bo Wood OC Ray Perkins Lou Michaels KA KOA PB Ron Smith TA TB OA Bobby Richards Jimmy Orr Bubba Smith Tackle: Errol Linden OC Bob Hughes Alex Hawkins Andy Stynchula Don Talbert OC Tackle: Karl Rubke Don Alley Tackle: Fred Miller Guard: Jim Simon Chuck Sieminski Tackle: Sam Ball Billy Ray Smith Lou Kirouac -
Football Hall Selects Another Marine
THE COFFIN CORNER: Vol. 22, No. 5 (2000) Football Hall selects another Marine By John Gunn Camp Lejeune Globe/ 5-5 On the football field, he was a hawk, not a dove. As a result, former Marine Bob Dove of Notre Dame and NFL fame was elected to the College Football Hall of Fame. He is at least the 45th former Marine so honored. The hall's Honor Committee, which reviews accomplishments of players of more than 50 years ago, selected Dove, a three-year starter at end for the Fighting Irish from 1940-42, a two-time All-American and winner of the Knute Rockne Trophy in 1942. "It had been over 50 years. I almost forgot about it," Dove said. (Similar efforts have been unsuccessful to honor back George Franck, a Minnesota All-American who was third in the 1940 Heisman Trophy voting and a Marine aviator in the South Pacific during WW II.) THIRTEEN OTHER PLAYERS and two coaches whose selections were announced April 25 at a South Bend, Ind., news conference will be inducted into the hall at a Dec. 12 banquet in New York and formally enshrined at South Bend in August 2001. Dove, who played nine seasons with the Chicago Rockets, Chicago Cardinals and Detroit Lions, also starred for the El Toro Flying Marines in 1944 and '45 -- the "Boys of Autumn" and strongest Leatherneck teams ever fielded. The '44 team won eight, lost one and was ranked 16th in The Associated Press poll even though the base was barely a year and a half old. -
The Ice Bowl: the Cold Truth About Football's Most Unforgettable Game
SPORTS | FOOTBALL $16.95 GRUVER An insightful, bone-chilling replay of pro football’s greatest game. “ ” The Ice Bowl —Gordon Forbes, pro football editor, USA Today It was so cold... THE DAY OF THE ICE BOWL GAME WAS SO COLD, the referees’ whistles wouldn’t work; so cold, the reporters’ coffee froze in the press booth; so cold, fans built small fires in the concrete and metal stands; so cold, TV cables froze and photographers didn’t dare touch the metal of their equipment; so cold, the game was as much about survival as it was Most Unforgettable Game About Football’s The Cold Truth about skill and strategy. ON NEW YEAR’S EVE, 1967, the Dallas Cowboys and the Green Bay Packers met for a classic NFL championship game, played on a frozen field in sub-zero weather. The “Ice Bowl” challenged every skill of these two great teams. Here’s the whole story, based on dozens of interviews with people who were there—on the field and off—told by author Ed Gruver with passion, suspense, wit, and accuracy. The Ice Bowl also details the history of two legendary coaches, Tom Landry and Vince Lombardi, and the philosophies that made them the fiercest of football rivals. Here, too, are the players’ stories of endurance, drive, and strategy. Gruver puts the reader on the field in a game that ended with a play that surprised even those who executed it. Includes diagrams, photos, game and season statistics, and complete Ice Bowl play-by-play Cheers for The Ice Bowl A hundred myths and misconceptions about the Ice Bowl have been answered. -
All-Time All-America Teams
1944 2020 Special thanks to the nation’s Sports Information Directors and the College Football Hall of Fame The All-Time Team • Compiled by Ted Gangi and Josh Yonis FIRST TEAM (11) E 55 Jack Dugger Ohio State 6-3 210 Sr. Canton, Ohio 1944 E 86 Paul Walker Yale 6-3 208 Jr. Oak Park, Ill. T 71 John Ferraro USC 6-4 240 So. Maywood, Calif. HOF T 75 Don Whitmire Navy 5-11 215 Jr. Decatur, Ala. HOF G 96 Bill Hackett Ohio State 5-10 191 Jr. London, Ohio G 63 Joe Stanowicz Army 6-1 215 Sr. Hackettstown, N.J. C 54 Jack Tavener Indiana 6-0 200 Sr. Granville, Ohio HOF B 35 Doc Blanchard Army 6-0 205 So. Bishopville, S.C. HOF B 41 Glenn Davis Army 5-9 170 So. Claremont, Calif. HOF B 55 Bob Fenimore Oklahoma A&M 6-2 188 So. Woodward, Okla. HOF B 22 Les Horvath Ohio State 5-10 167 Sr. Parma, Ohio HOF SECOND TEAM (11) E 74 Frank Bauman Purdue 6-3 209 Sr. Harvey, Ill. E 27 Phil Tinsley Georgia Tech 6-1 198 Sr. Bessemer, Ala. T 77 Milan Lazetich Michigan 6-1 200 So. Anaconda, Mont. T 99 Bill Willis Ohio State 6-2 199 Sr. Columbus, Ohio HOF G 75 Ben Chase Navy 6-1 195 Jr. San Diego, Calif. G 56 Ralph Serpico Illinois 5-7 215 So. Melrose Park, Ill. C 12 Tex Warrington Auburn 6-2 210 Jr. Dover, Del. B 23 Frank Broyles Georgia Tech 6-1 185 Jr. -
1 Drafting the Best Future NFL Quarterback Decision Making in A
Drafting the Best Future NFL Quarterback Decision Making in a Complex Environment Final Project Nick Besh Steve Ellis October 18, 2004 Anyone who has followed the NFL draft knows that drafting a Quarterback in the first round is a hit or miss proposition. Successful college prospects, many who are under classmen fail to go on and have the same success as professionals. There are the “cant- miss” prospects who do go one to become Pro Bowl QB’s, but just as many are total busts. It would appear as if the selection is nothing more than a crap-shoot. Drafting is all about priorities and alternatives. Given that, there must be a way to quantify all of the stats and “gut feelings” of players to select a future NFL star. The description of the NFL draft problem would appear to be a perfect candidate for a complex ratings model using the SuperDecisions software. Analyzing the problem further lead us to our stated goal: Optimize a high selection in the NFL draft by drafting a solid contributor to your team, if not a Pro-Bowl caliber player while at the same time avoiding the selection of a player who can set your franchise back years. This is a critical decision that does not leave much room for error. To achieve our goal, thorough research of all the criteria that would need to be considered when drafting a QB would need to be analyzed. This process led us to nine top level criteria: 1 1. Strength of college experience: Just how valuable was the players experience at this level to his future success? • Sub Criteria: College (big/small), college winning percentage, college years started.