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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. -
NEW YORK GIANTS Vs. PTTSBURGH STEELERS MONDAY, SEPT
NEW YORK GIANTS vs. PTTSBURGH STEELERS MONDAY, SEPT. 14, 2020 • 7:10PM No. Name..........................................Pos. No. Name ..................................... Pos. 5 Graham Gano ..........................K METLIFE STADIUM 2 Mason Rudolph ........................QB 8 Daniel Jones .........................QB 4 Dustin Colquitt ............................P 9 Riley Dixon ...............................P 5 Josh Dobbs ...............................QB 12 Colt McCoy ............................QB GIANTS OFFENSE GIANTS DEFENSE 7 Ben Roethlisberger ..................QB 15 Golden Tate III ..................... WR 9 Chris Boswell...............................K 18 C.J. Board ............................. WR WR 87 Sterling Shepard 19 Damion Ratley SLB 59 Lorenzo Carter 44 Markus Golden 49 Carter Coughlin 11 Chase Claypool ....................... WR 19 Damion Ratley ..................... WR 13 James Washington .................. WR 20 Julian Love ...............................S TE 88 Evan Engram 82 Kaden Smith 85 Levine Toilolo 83 Eric Tomlinson DE 97 Dexter Lawrence II 90 RJ McIntosh 14 Ray-Ray McCloud .................... WR 21 Jabrill Peppers .........................S 18 Diontae Johnson ..................... WR 22 Wayne Gallman Jr. ............... RB 19 JuJu Smith-Schuster ................ WR RT 75 Cameron Fleming 74 Matt Peart MLB 54 Blake Martinez 48 Tae Crowder 23 Logan Ryan ...........................DB 20 Cameron Sutton ....................... CB 24 James Bradberry ................... CB RG 70 Kevin Zeitler 66 Shane Lemieux -
A 040909 Breeze Thursday
Post Comments, share Views, read Blogs on CaPe-Coral-daily-Breeze.Com Inside today’s SER VING CAPE C ORA L, PINE ISLAND & N. FT. MYERS Breeze APE ORAL RR eal C C l E s MARKETER state Your complete Cape Coral, Lee County 5 Be edroo Acce om Sa real estate guide ess Ho ailboa N om at OR m t TH E e DI e TI ! AP ON ! RI ! L 23, 2 2009 COVER AILY REEZE PRESENTED B D B See Page Y WONDERLAND REA 9 LTY WEATHER: Partly Sunny • Tonight: Clear • Saturday: Partly Sunny — 2A cape-coral-daily-breeze.com Vol. 48, No. 95 Friday, April 24, 2009 50 cents Home prices down, sales up in metro area for March Florida association releases its report “The buyers are going after the foreclosures.” — Paula Hellenbrand, president of the By GRAY ROHRER area fell to $88,500, the lowest of Foreclosures are again the main Cape Coral Association of Realtors [email protected] all the 20 Florida metro areas con- culprit for decreased home prices, A report released Thursday by tained in the report. The number but they are also the reason home the Florida Association of Realtors reflects a 9 percent decrease from sales are increasing. California-based company that gath- Hellenbrand said the sales activi- told a familiar story for the local February and a 58 percent drop “The buyers are going after the ers foreclosure data, the Cape Coral- ty is greater in Cape Coral than in housing market — home prices are from March 2008. foreclosures,” said Paula Fort Myers metro area had the Fort Myers because there was a down, but sales are up, way up. -
The Role of Preferences, Cognitive Biases, and Heuristics Among Professional Athletes Michael A
Brooklyn Law Review Volume 71 | Issue 4 Article 1 2006 It's Not About the Money: The Role of Preferences, Cognitive Biases, and Heuristics Among Professional Athletes Michael A. McCann Follow this and additional works at: https://brooklynworks.brooklaw.edu/blr Recommended Citation Michael A. McCann, It's Not About the Money: The Role of Preferences, Cognitive Biases, and Heuristics Among Professional Athletes, 71 Brook. L. Rev. (2006). Available at: https://brooklynworks.brooklaw.edu/blr/vol71/iss4/1 This Article is brought to you for free and open access by the Law Journals at BrooklynWorks. It has been accepted for inclusion in Brooklyn Law Review by an authorized editor of BrooklynWorks. ARTICLES It’s Not About the Money: THE ROLE OF PREFERENCES, COGNITIVE BIASES, AND HEURISTICS AMONG PROFESSIONAL ATHLETES Michael A. McCann† I. INTRODUCTION Professional athletes are often regarded as selfish, greedy, and out-of-touch with regular people. They hire agents who are vilified for negotiating employment contracts that occasionally yield compensation in excess of national gross domestic products.1 Professional athletes are thus commonly assumed to most value economic remuneration, rather than the “love of the game” or some other intangible, romanticized inclination. Lending credibility to this intuition is the rational actor model; a law and economic precept which presupposes that when individuals are presented with a set of choices, they rationally weigh costs and benefits, and select the course of † Assistant Professor of Law, Mississippi College School of Law; LL.M., Harvard Law School; J.D., University of Virginia School of Law; B.A., Georgetown University. Prior to becoming a law professor, the author was a Visiting Scholar/Researcher at Harvard Law School and a member of the legal team for former Ohio State football player Maurice Clarett in his lawsuit against the National Football League and its age limit (Clarett v. -
0 1 2 3 3Rd 5 10 10.5 11 69 200 7
GAME 1 - LOUISVILLE Date: Monday, September 2 Time: 8:06 p.m. ET Site: Cardinal Stadium • Louisville, KY • Capacity 61,000 (FieldTurf) TV: ESPN (national) | ESPN app IRISH AT CARDINALS - BY THE NUMBERS THE SERIES • Chris Fowler (play-by-play) • Kirk Herbstreit (analysis) The Irish completed an undefeated season at Notre Dame Stadium for the second Louisville Last: Louisville 31, Notre • Maria Taylor (sideline) 0 time in four seasons in 2018 (2015, also 6-0). leads 1-0 Dame 28 (Nov. 22, 2014) Radio: JMI/Legends (54 affiliates) 1 Notre Dame will be playing its first game ever on Labor Day Monday. First meeting between the • SiriusXM (Channel 129) two teams at Louisville • 96.1 FM, 101.5 FM & 960 AM (South Monday evening will mark just the second meeting between Notre Dame and Bend) 2 Louisville - and the first in Louisville, Kentucky. Tickets: Notre Dame Ticket Exchange The 10th year of the Brian Kelly era begins with just the third season-opener powered by VividSeats.com 3 away from Notre Dame Stadium for a Kelly-coached team and the second on an opponent’s home field (2012 vs. Navy in Ireland, 2016 at Texas). THE COACHES Junior Ian Book’s 68.2 completion percentage in 2018 places him as the third- Head Coach At School Overall vs. Opponent 3rd most accurate passer returning in 2019 (Jack Abraham, Southern Mississippi, 73.1; Tua Tagovailoa, Alabama, 69.0). ND Brian Kelly 81-35 (10th year)ˆ 252-92-2 (29th year)ˆ 0-1 Book’s 154.0 passer rating in 2018 was the fifth-best single season in Irish UL Scott Satterfield first season 51-24 (Seventh year) 0-0 5 history. -
Forced Slave Camps Draft Results 13-Feb-2004 03:37 PM Eastern
WWW.RTSPORTS.COM Forced Slave Camps Draft Results 13-Feb-2004 03:37 PM Eastern Forced Slave Camps Draft BRICK Conference Mon., Sep 1 2003 1:00:00 PM Rounds: 16 Round 1 Round 6 #1 Buckweet - Ricky Williams, RB, MIA #1 Jammin Blues - Donte' Stallworth, WR, NOR #2 Sharks - St. Louis Rams, QB, STL #2 DRED ED's - Todd Heap, TE, BAL #3 Heidelville Humpers - LaDainian Tomlinson, RB, SDG #3 Boltz - Rod Smith, WR, DEN #4 Psychic Psychos - Marshall Faulk, RB, STL #4 Willy's Lumpers - Green Bay Packers, QB, GNB #5 Fast Attack Boomers - Clinton Portis, RB, DEN #5 Keystone Kops - Shannon Sharpe, TE, DEN #6 Keystone Kops - Shaun Alexander, RB, SEA #6 Fast Attack Boomers - Anthony Thomas, RB, CHI #7 Willy's Lumpers - Priest Holmes, RB, KAN #7 Psychic Psychos - Derrick Mason, WR, TEN #8 Boltz - Deuce McAllister, RB, NOR #8 Heidelville Humpers - Marty Booker, WR, CHI #9 DRED ED's - Edgerrin James, RB, IND #9 Sharks - Jerry Rice, WR, OAK #10 Jammin Blues - Terrell Owens, WR, SFO #10 Buckweet - Tim Brown, WR, OAK Round 2 Round 7 #1 Jammin Blues - Ahman Green, RB, GNB #1 Buckweet - James Stewart, RB, DET #2 DRED ED's - Marvin Harrison, WR, IND #2 Sharks - Chad Johnson, WR, CIN #3 Boltz - Randy Moss, WR, MIN #3 Heidelville Humpers - Jerry Porter, WR, OAK #4 Willy's Lumpers - Travis Henry, RB, BUF #4 Psychic Psychos - New England Patriots, QB, NWE #5 Keystone Kops - Charlie Garner, RB, OAK #5 Fast Attack Boomers - Keyshawn Johnson, WR, TAM #6 Fast Attack Boomers - Eric Moulds, WR, BUF #6 Keystone Kops - James Thrash, WR, PHI #7 Psychic Psychos - Fred Taylor, -
Antoine Cason Football Camp Learn Football from the Best!
Learn Football from the Best! Antoine Cason Football Camp Learn individual and team techniques on both offense and defense from an outstanding coaching staff and members of the San Diego Chargers! Antoine Cason Overnight Football Camp July 6 – 9, 2011 San Diego State University Chris Kluwe Kicking & Punting Camp July 6, 2011 San Diego State University Antoine Cason Day Football Camp July 12 – 13, 2011 John Glenn High School, Norwalk, CA FOR ALL FOOTBALL PLAYERS AGES 7–18! 28TH BIG YEAR FOR SPORTS INTERNATIONAL CAMPS! Join an Outstanding Coaching Staff, Antoine Cason and members of the San Diego Chargers! The San Diego Chargers players who coach at Antoine’s camp teach the same offensive and defensive techniques they are taught by the San Diego Chargers’ coaching staff! You will receive daily instruction, lectures and demonstrations by Antoine Cason and/or members of the San Diego Chargers! Some of the Chargers that have attended the camp include: Junior Seau, Quentin Jammer, Ryan Matthews, Scott Mruczkowski, Antoine Cason, Kassim Osgood, Eric Parker, Keenan McCardell, Mike Goff, Marlon McCree, Jyles Tucker, Brandon McKinney, Greg Camarillo, Cletis Gordon Jr., Jeremy Sheffey, Tyronne Gross and Ron Rivera. ANTOINE CASON RyaN MatHEWS MIKE GOFF Scott MRUCZKOWSKI Defensive Back Running Back Former Guard Center San Diego Chargers San Diego Chargers San Diego Chargers San Diego Chargers The Antoine Cason Overnight and Commuter Football Camp gives you a very intense football training experience with Antoine Cason, an outstanding high school and college coaching staff and members of the San Diego Chargers. The Antoine Cason Day Camp offers some of the best, most intense football training available with an outstanding high school coaching staff and Antoine Cason. -
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 -
MINNESOTA VIKINGS EDITION Minnesota Vikings Team History
TEACHER ACTIVITY GUIDE MINNESOTA VIKINGS EDITION Minnesota Vikings Team History Over the past quarter-century, the Minnesota Vikings have consistently been at the top of their division. During that same period, only Dallas has made more playoff appearances. In addition, only four teams have played in more Super Bowls than Minnesota, which participated in Super Bowls IV, VIII, IX and XI. The pro football saga in the Twin Cities began in August 1959, when fi ve Minnesota businessmen were awarded a franchise in the new American Football League. Five months later in January 1960, the same ownership group made up of Bill Boyer, Ole Haugsrud, Bernie Ridder, H. P. Skoglund and Max Winter fi rst forfeited its AFL membership and then was awarded the National Football League’s 14th franchise that was to begin play in 1961. Perhaps no team in history ever had a more spectacular debut than did the Minnesota Vikings in their fi rst game ever on September 17, 1961. Rookie Fran Tarkenton made a once-in-a-generation debut when he came off the bench to throw four touchdown passes and run for a fi fth score to lead his Vikings to a 37-13 thrashing of the fabled Chicago Bears. Two-and-a-half decades later in 1986, Tarkenton became the fi rst Vikings player to be elected to the Pro Football Hall of Fame. Minnesota’s fi rst management team was led by general manager Bert Rose and head coach Norm Van Brocklin. From the start, the Vikings embraced an energetic marketing program that produced a fi rst- year season ticket sale of nearly 26,000 and an average home attendance of 34,586, about 85 percent of the capacity of 40,800 Metropolitan Stadium. -
CINCINNATI BENGALS (2-3) Sunday, Oct
PITTSBURGH STEELERS COMMUNICATIONS Burt Lauten - Director of Communications Dominick Rinelli - Public Relations/Media Manager PITTSBURGH STEELERS Angela Tegnelia - Public Relations Assistant 3400 South Water Street • Pittsburgh, PA 15203 412-432-7820 • Fax: 412-432-7878 www.steelers.com PITTSBURGH STEELERS (4-2) vs. CINCINNATI BENGALS (2-3) Sunday, Oct. 22, 2017 • 4:25 p.m. (ET) • Heinz Field • Pittsburgh, Pa. REGULAR SEASON GAME #7 PITTSBURGH STEELERS Pittsburgh Steelers (4-2) 2017 SCHEDULE vs. PRESEASON (3-1) Cincinnati Bengals (2-3) Friday, Aug. 11 @ New York Giants W, 20-12 (KDKA) Sunday, Aug. 20 ATLANTA W, 17-13 (KDKA) DATE: Sunday, Oct. 22, 2017 | KICKOFF: 4:25 p.m. ET Saturday, Aug. 26 INDIANAPOLIS L, 19-15 (KDKA) SITE: Heinz Field (68,400) • Pittsburgh, Pa. Thursday, Aug. 31 @ Carolina W, 17-14 (KDKA) PLAYING SURFACE: Natural Grass TV COVERAGE: CBS (locally KDKA-TV, channel 2) REGULAR SEASON (4-2) ANNOUNCERS: Jim Nantz (play-by-play) Sunday, Sept. 10 @ Cleveland W, 21-18 (CBS) Tony Romo (analyst) | Tracy Wolfson (sideline) Sunday, Sept. 17 MINNESOTA W, 26-9 (FOX) Sunday, Sept. 24 @ Chicago L, 23-17 OT (CBS) LOCAL RADIO: Steelers Radio Network Sunday, Oct. 1 @ Baltimore W, 26-9 (CBS) WDVE-FM (102.5)/WBGG-AM (970) Sunday, Oct. 8 JACKSONVILLE L, 30-9 (CBS) ANNOUNCERS: Bill Hillgrove (play-by-play) Sunday, Oct. 15 @ Kansas City W, 19-13 (CBS) Tunch Ilkin (analyst) | Craig Wolfl ey (sideline) Sunday, Oct. 22 CINCINNATI 4:25 p.m. (CBS) Sunday, Oct. 29 @ Detroit* 8:30 p.m. (NBC) A LOOK AT THE COACHES Sunday, Nov. -
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. -
NFL-Pittsburgh Steelers19 (Ready
SERIES: STEELERS Lead 9-2 Beat Bucs 30-27 MNF 2018 PITTSBURGH STEELERS 0-0 9-6-1(T-@Clv Week 1) in 2018(2nd in AFC-N) 13-3 in 2017(1st in AFC-N) 11-5 in 2016(1st in AFC-N) 10-6 in 2015(2nd in AFC-N) WR LT LG C RG RT TE 44-668y 3TD 50-610y 4 TD Ramon Markice Pro Bowl David Pro Bowl Matt Donte @ Jacksonville 78Alejandro Pro Bowl 73 53 66 71 12TD Thru’ 18 11 Vance 21TD Thru’18 89 ’18: 50-610y 4TD ’17: 14-188y 1TD FOSTER POUNCEY DeCASTRO FEILER VILLANUEVA 6-5, 328 11 cFA’09 Tennessee 6-4, 304 10 1R’10(18th) Florida 6-5, 316 8 1R’12(24th) Stanford 6-6, 330 3 FA’16 MONCRIEF 6-9, 320 5 FA’14 Army Bloomsburg(PA) McDONALD 6-2, 216 6 FA’19(Jax_3R’14 Ind) OleMiss (31y old) th 6-4, 267 7 T-‘17(SF_2R’13(55 ) Rice 16-217y 1TD 76 Chukwuma 60 J.C.HASSENAUR 67B.J.FINNEY 74Fred JOHNSON 72ZachBANNER 6-86y 0TD 13 James 1TD Thru’18 85XavierGRIMBLE 2018: 16-217y 1TD OKORAFOR 6-2, 291 1 FA’19 Alabama 6-4, 318 4 cFA’15 Kansas State 6-7, 326 R cFA’19 Florida (W.PalmBch) 6-8, 360 3 FA’18 USC 3TD Thru’18 nd 6-4, 261 4 FA’15 USC 6-6, 320 2 3R’18(92 ) Western Michigan Jerald AWKIN ASHINGTO 77 Derwin GRAY 65 H S W N 68Garrett BRUMFIELD Patrick ORRI ChristianSCOTLAND-WILLIAMSON 64 Damian PRINCE 62 M S Maryland 7R’19 6-6, 305 4 4R’16(123rd) LSU 49 th 6-4, 302 R cFA’19 LSU 5-11, 213 2 2R’18( 60 ) Oklahoma St Maryland cFA’19 6-3, 300 1 cFA’18 TCU 6-9, 271 1 FA’19 Louhghborough 2017 2018 SACKS ALLOWED’18 T/0 TOTAL Kevin 15 Trey GRIFFEY NFL th 26 (20) 87 RADER 13 TD RUSH 16TD RUSH nd 28 -11 6-3, 192 1 FA’18 Arizona 24 (2 ) in NFL (9) 5 Fumb 6-4, 250 1 FA’19(GB_cFA’18) Youngstown