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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. -
Eagles' Team Travel
PRO FOOTBALL HALL OF FAME TEACHER ACTIVITY GUIDE 2019-2020 EDITIOn PHILADELPHIA EAGLES Team History The Eagles have been a Philadelphia institution since their beginning in 1933 when a syndicate headed by the late Bert Bell and Lud Wray purchased the former Frankford Yellowjackets franchise for $2,500. In 1941, a unique swap took place between Philadelphia and Pittsburgh that saw the clubs trade home cities with Alexis Thompson becoming the Eagles owner. In 1943, the Philadelphia and Pittsburgh franchises combined for one season due to the manpower shortage created by World War II. The team was called both Phil-Pitt and the Steagles. Greasy Neale of the Eagles and Walt Kiesling of the Steelers were co-coaches and the team finished 5-4-1. Counting the 1943 season, Neale coached the Eagles for 10 seasons and he led them to their first significant successes in the NFL. Paced by such future Pro Football Hall of Fame members as running back Steve Van Buren, center-linebacker Alex Wojciechowicz, end Pete Pihos and beginning in 1949, center-linebacker Chuck Bednarik, the Eagles dominated the league for six seasons. They finished second in the NFL Eastern division in 1944, 1945 and 1946, won the division title in 1947 and then scored successive shutout victories in the 1948 and 1949 championship games. A rash of injuries ended Philadelphia’s era of domination and, by 1958, the Eagles had fallen to last place in their division. That year, however, saw the start of a rebuilding program by a new coach, Buck Shaw, and the addition of quarterback Norm Van Brocklin in a trade with the Los Angeles Rams. -
Bert Bell: the Commissioner
THE COFFIN CORNER: Vol. 18, No. 3 (1996) BERT BELL: THE COMMISSIONER Courtesy of The Pro Football Hall of Fame It is not known whether the assembled owners of the National Football League really knew exactly the kind of man they were seeking when, at their January 11, 1946, meeting, they unanimously tapped a fellow owner, Bert Bell of the Pittsburgh Steelers, to replace Elmer Layden as commissioner. But the NFL hierarchy could scarcely catch its collective breath before it became quite clear that they had signed on a fearless, tireless dynamo who would guide the NFL through some of its darkest days into the glamorous Golden Age of the 1950s, when pro football would zoom to new heights of popularity and prosperity. Bell's first order of business as commissioner was to prepare the NFL for "war" with the All-America Football Conference which had been founded in this first post-World war II season armed with apparently plenty of money and a healthy share of the top players of the day. The confrontation was costly to both leagues. Players salaries sky-rocketed. Losses on both sides reached into millions of dollars. In several cities, AAFC and NFL teams vied on common ground for fan support. In Los Angeles for example, the AAFC's Dons outdrew the NFL's Rams in three of the four years of the battle. It soon became obvious that neither side could enjoy any real prosperity while the fighting continued so the AAFC several times made overtures to the older NFL for such things as a common draft, a dovetailing of schedules and an annual "World Series" of pro football between the two league champions. -
Philadelphia Eagles Record by Year
Philadelphia Eagles Record By Year Pyelitic Dennis usually traumatizing some generatrix or politicizing unreasoningly. Easy Leslie tacks clammily. Superconductive Daren consummated volcanically. Cbs sports fans as a step in the fantasy games have remained on offense one tossup team by eagles were no argument that process NFL Super Bowl era series records Seattle mcubednet. Note also a fair question i knew what washington this year by both defenses always seem to. Wentz will also holds an immediate hit with philadelphia eagles record by year or three points. Philadelphia Eagles History JT-SWcom. Top 10 Pittsburgh Steelers Players of knowing Time Sports Illustrated. Philadelphia Eagles Team Record 1 Her Sports Corner. Check out of an illegal hands to doug pederson can reggie white not provide you in year by sports betting over, by sports network, with six lombardi trophy? Philadelphia Eagles Doug Pederson's history against. It a businessman bert bell also disable the philadelphia eagles record by year, all teams go beyond the offense and green jersey has changed the save your voice is. The Eagles on Thursday agreed to trade Carson Wentz to the Colts for a 2021. Bednarik made by closing in year by their disgust at that year by world war ii, have racked up! Carson Wentz and the Eagles A dramatic saga in GIFs On. The Saints have a 12-16 regular season record time a 2-1 mark worth the postseason vs the Eagles 12 of the. Philadelphia receives a third-round pick in this together's draft quite a. It up for yahoo fantasy golf club was dissolved at center followed by foles returned to pass last year by you make some parts of an easy way out on to. -
197-199N202 Philadelphia.Qxd:Philadelphia Eagles-03R.Qxd
PHILADELPHIA EAGLES CLUB OFFICIALS COACHING HISTORY Chairman/Chief Executive Officer: (536-569-26) Jeffrey Lurie Records include postseason games President: Joe Banner 1933-35 Lud Wray .......................9-21-1 Head Coach/Executive Vice President of 1936-1940 Bert Bell .......................10-44-2 Football Operations: Andy Reid 1941-1950 Earle (Greasy) Neale*...66-44-5 General Manager: Howie Roseman 1951 Alvin (Bo) McMillin** .......2-0-0 Chief Operating Officer: Don Smolenski 1951 Wayne Millner...................2-8-0 Senior Vice President/Business: 1952-55 Jim Trimble...................25-20-3 Ari Roitman 1956-57 Hugh Devore ..................7-16-1 Executive Director of Eagles Youth 1958-1960 Lawrence (Buck) Shaw..20-16-1 Partnership: Sarah Martinez-Helfman 1961-63 Nick Skorich.................15-24-3 Director of Pro Personnel: Louis Riddick 1964-68 Joe Kuharich ................28-41-1 Director of Football Media Relations: 1969-1971 Jerry Williams*** ..........7-22-2 Derek Boyko 1971-72 Ed Khayat.......................8-15-2 National Football Conference Senior Vice President/Chief Marketing 1973-75 Mike McCormack .........16-25-1 East Division Officer: Tim McDermott 1976-1982 Dick Vermeil .................57-51-0 Team Colors: Midnight Green, Silver, Black, Director of Human Resources: 1983-85 Marion Campbell**** ..17-29-1 and White Kristie Pappal 1985 Fred Bruney......................1-0-0 NovaCare Complex Manager of Community Relations: 1986-1990 Buddy Ryan..................43-38-1 One NovaCare Way Julie Hirshey 1991-94 Rich Kotite....................37-29-0 Philadelphia, Pennsylvania 19145 Director of Events: Leonard Bonacci 1995-98 Ray Rhodes..................30-36-1 Telephone: (215) 463-2500 Director of Ticket Operations: 1999-2011 Andy Reid...................136-90-1 Laini Delawter *Co-coach with Walt Kiesling in Philadelphia- 2012 SCHEDULE Director of Ticket Client Relations: Pittsburgh merger in 1943 PRESEASON Leo Carlin **Retired after two games in 1951 Aug. -
Fly Eagles All-Time Primetime Games
FLYALL-TIME EAGLES RESULTS FLY ALL-TIME RECORD RECORDS vs. OTHER NFL TEAMS Regular Season: 590-619-27 Playoffs: 23-23 Overall: 613-642-27 Opponent W L T * Includes 1943 record when Eagles and Steelers combined as the "Steagles" Arizona Cardinals (a) .................................... 56 .... 60 .....5 Atlanta Falcons ............................................... 20 .... 15 .....1 Baltimore Ravens .............................................2 ........4 .......1 Boston Yanks .....................................................7 ........2 .......0 HOME RECORD BY STADIUM Brooklyn Dodgers ............................................6 ...... 15 .....1 Venue Record Playoffs Buffalo Bills .........................................................8 ........6 .......0 Baker Bowl (1933-35) .............................................................................................. 3-11-1 .................... 0-0 Carolina Panthers ............................................7 ........5 .......0 Temple Stadium (1934-35) .....................................................................................1-1-0 ..................... 0-0 Chicago Bears ................................................. 16 .... 30 .....1 Point Stadium (Johnstown, PA - 1936) ..............................................................0-1-0 ..................... 0-0 Cincinnati Bengals ...........................................3 ........9 .......2 Laidley Field (Charleston, WV - 1938) ...............................................................1-0-0 .................... -
Copyrighted Material
c01.qxd 6/28/06 9:24 AM Page 5 1 Finding a Home eorge Preston Marshall thought he was in on the ground floor of Gthe next great sports craze of the Roaring Twenties when he pur- chased a professional franchise in a new sports league called the American Basketball League (ABL). He was right, in one sense: basketball would someday capture the attention of the American sports public. But Marshall was ahead of his time, and he didn’t have much patience to wait decades, let alone years, to reap the rewards of his sports venture. He was already a successful Washington businessman, inheriting the Palace Laundry from his father and building it into a profitable business. But Marshall liked action and being in the spotlight. He was a showman by nature, and he wanted to expand into something that gave him a greater rush than cleaning clothes. He hoped the ABL would do that, but in the era of Babe Ruth, Bobby Jones, and Jack Dempsey, thereCOPYRIGHTED was no such icon for roundball. MATERIAL Marshall’s basketball venture was not in vain, however. He made some important contacts with men of that era who had similar dreams. One man in particular who had a clearer vision of the future of Amer- ican sports was George “Papa Bear” Halas. And Halas had a standard bearer to compete with the likes of a Ruth, Jones, and Dempsey: Red Grange, who would help launch the National Football League in the 1920s. 5 c01.qxd 6/28/06 9:24 AM Page 6 6 HAIL VICTORY Halas, a former standout end and baseball player (he played with the New York Yankees in 1919), was hired in 1920 by the Staley Starch Company of Decatur, Illinois, to organize a company football team. -
Washington Redskins at Dallas Cowboys Week 13 / November 30
2017 SEASON WEEKLY GUIDE WASHINGTON REDSKINS AT DALLAS COWBOYS WEEK 13 / NOVEMBER 30 GAME RELEASE 21300 Redskin Park Drive | Ashburn, VA 20147 | 703.726.7000 @Redskins | www.Redskins.com | media.Redskins.com REGULAR SEASON - WEEK 13 WASHINGTON REDSKINS (5-6) AT DALLAS COWBOYS (5-6) Thursday, Nov. 30 | 8:25 p.m. ET AT&T Stadium (80,000) | Arlington, Texas REDSKINS READY FOR SECOND GAME CENTER STRAIGHT THURSDAY NIGHT GAME SERIES HISTORY: Redskins trail all-time series, 44-69-2 Redskins trail regular season series, 42-69-2 The Washington Redskins will once again play in front of a national Last meeting: Oct. 29, 2017 (33-19, DAL) Thursday night audience when the team faces the Dallas Cowboys in Week 13. Kickoff at AT&T Stadium is scheduled for 8:25 p.m. ET. TELEVISION: NBC/NFL Network/Amazon The game will be broadcast on NBC, NFL Network, and for the first Mike Tirico (play-by-play) time in Redskins history, on Amazon. In addition to the NBC broadcast, Cris Collinsworth (color) Amazon viewers will have access to British English commentary (Derek Heather Cox (sidelines) Rae and Tommy Smyth), Spanish commentary (Armando Quintero and << See left for international crews Oscar Benítez) and Portuguese commentary (Flavio Pereira and Nilton Batata). RADIO: Redskins Radio Network Last week, the Redskins hosted their first Thanksgiving home game Larry Michael (play-by-play) in team history, earning a 20-10 victory against the New York Giants. Chris Cooley (analysis) With back-to-back Thursday contests in Weeks 12-13, the Redskins are Rick “Doc” Walker (sidelines) in the midst of a season in which they play multiple Thursday contests Westwood One Sports for the first time in team history. -
Father Washington Assembly 2184 Upcoming Activities
Father Washington Assembly 2184 “For where two or three are gathered together in my name, there am I in the midst of them.” Matthew 18:20 Faithful Navigator Bob Garcia Upcoming Activities (757) 564-•‐9588 [email protected] BINGO, Newport News (Team 2) -- 2 February 5:30 PM Faithful Captain Four Chaplains Ceremony – 8 February 10:00AM Bill Garber Traveling Gavel, Gloucester—19 February 7:30 PM (757) 813-•‐7803 Corporate Communion—23 February (details pending) [email protected] Faithful Pilot Tom Trudeau Faithful Navigator Comments February 2014 (757) 571•‐7450 Four Chaplains ceremony: Hopefully February will see our temperatures [email protected] return to normal. Although there is still snow on the ground it is melting with the warmer weather. The Color Corps commander, SK Frank Nowak, SK Faithful Comptroller George Scott, SK Harold Hairston and I were at Huntington Park for a short Ferdinand Prantl practice of next week’s four chaplains ceremony. This year Fr Bader (757) 872-•‐9252 Assembly from Newport News will be joining our ceremony. The weather [email protected] should be on our side. The Four Chaplains ceremony takes place on the 8th of Faithful Purser February. Father John P. Washington is one of the chaplains we honor with Don Progar this ceremony. We will assemble at Huntington Park in Newport News at (757) 898-3344 9:00 AM for a practice run. The ceremony starts at 10:00 AM. I encourage my fellow SKs to come and participate. Full regalia is only required for the Faithful Scribe color guard, the master of ceremonies and the master of ceremonies assistant. -
"Lone Star" Dietz
Courtesy Purdey Family Courtesy Purdey Family 24 MONTANA THE MAGAZINE OF WESTERN HISTORY by Linda M. Waggoner The Washington R*dskins’ Wily Mascot: On Trial Coach William “Lone Star” Dietz In June 1919, seven months following the close of Dietz’s true identity remains a bone of contention World War I, a sensational courtroom drama unfolded even today. Inducted into the College Football Hall in Spokane, Washington. The defendant, William of Fame in July 2012, Dietz is still recognized as an Henry Dietz, alias William Lone Star, stood accused Indian athlete who became an innovative college and of violating the Selective Service Law on September National Football League coach.5 In particular, Dan 12, 1918, when he registered for the draft.1 The fed Snyder, owner of the Washington Redskins (WR), eral government filed two counts against him, the first continues to glorify Dietz.6 Snyder claims the team’s alleging that he falsely registered as “a non-citizen original owner, George Preston Marshall, created Indian of the United States.”2 The second charged the team name in 1933 to “honor” his Sioux Indian that he made “false statements as to the fitness and coach. As one sportswriter put it: “Marshall had been liability of himself for military service.”3 Assistant dis a racial pioneer of sorts, hiring a full-blooded Native trict attorney Charles H. Leavey clarified the charges, American, Will (Lone Star) Dietz, as coach.”7 This asserting that “in truth and in fact” Dietz was a “white fallacious argument is regurgitated by many WR fans, person born in Barron County, State of Wisconsin,” who are driven by team loyalty and nostalgia. -
All-Time Coaches
FLYALL-TIME EAGLES COACHES FLY A Dick Coury Wide Receivers......................................................1976-81 Coach Title Years Ken Croner Assistant Strength and Conditioning ..................2010 Bobby April Special Teams Coordinator .............................2010-12 Irv Cross Defensive Backs ....................................................1969-70 Bobby April III Defensive Quality Control ................................2011-12 David Culley Wide Receivers................................................ 1999-2010 Dave Atkins Running Backs ........................................................1986-90 Senior Assistant/Wide Receivers .................2011-12 Special Teams ...............................................................1991 Tight Ends........................................................................1992 D Greg Austin Assistant Offensive Line ....................................2013-15 Coach Title Years Jerry Azzinaro Defensive Line/Assistant Head Coach .......2013-15 Phillip Daniels Def. Quality Control/Asst. DL .........................2016-18 Defensive Line ..............................................................2019 B John DaGrosa Assistant Coach ....................................................1936-37 Coach Title Years Ted Daisher Special Teams Quality Control ......................2004-05 Herman Ball Offensive Coach ...................................................1964-68 Special Teams Coordinator ....................................2009 Bruno Banducci Offensive Line ...............................................................1958 -
All-Time Results
ALL-TIME RESULTS ALL-TIME RECORD RECORDS vs. OTHER NFL TEAMS Regular Season: 585-615-26 Playoffs: 23-23 Overall: 608-638-26 Opponent W L T * Does not include 1943 record (5-4-1) when Eagles and Steelers combined as the "Steagles" Arizona Cardinals (a) .................................... 56 .... 60 .....5 Atlanta Falcons ............................................... 20 .... 15 .....1 Baltimore Ravens .............................................2 ........4 .......1 Boston Yanks .....................................................7 ........2 .......0 HOME RECORD BY STADIUM Brooklyn Dodgers ............................................6 ...... 15 .....1 Venue Record Playoffs Buffalo Bills .........................................................8 ........6 .......0 Baker Bowl (1933-35) .............................................................................................. 3-11-1 .................... 0-0 Carolina Panthers ............................................7 ........5 .......0 Temple Stadium (1934-35) .....................................................................................1-1-0 ..................... 0-0 Chicago Bears ................................................. 16 .... 30 .....1 Point Stadium (Johnstown, PA - 1936) ..............................................................0-1-0 ..................... 0-0 Cincinnati Bengals ...........................................3 ........9 .......2 Laidley Field (Charleston, WV - 1938) ...............................................................1-0-0 ....................