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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. -
S Caden Sterns
7 CADEN STERNS POSITION DB HEIGHT 6‐1 HOMETOWN Cibolo, Texas WEIGHT 207 CLASS Junior HIGH SCHOOL Steele MAJOR Sport Management A three‐year defensive back who played in 29 games with 28 career starts … served as a team captain as a junior … a preseason watch list candidate for the Bronko Nagurski Trophy, Chuck Bednarik Award and Jim Thorpe Award in 2020 … also chosen to the All‐Big 12 Preseason Team … named to the Academic All‐ Big 12 First Team in 2020 … a two‐time member of the Big 12 Commissioner’s Honor Roll … named to the Jim Thorpe Award Bronko Nagurski Trophy watch lists in 2019 … was a 2018 Jim Thorpe Award semifinalist … named Big 12 Defensive Freshman of the. Year and first‐team All‐Big 12 … signed in December and began classes at UT in January 2018 … was a high school All‐American, as well as an all‐ state and two‐time all‐district honoree. JUNIOR (2020) Played in and started seven games … missed the AT&T Red River Showdown versus Oklahoma through injury, and elected to conclude his collegiate career before the regular season finale at Kansas State … totaled 52 tackles (30 solo), 1.5 tackles for loss, one interception and three pass breakups … made four tackles and broke up one pass in the season opener against UTEP … totaled four solo tackles, one interception and one pass breakup at Texas Tech … posted 12 tackles versus TCU … made five tackles in a win over Baylor … logged eight tackles, including seven solo stops and one pass breakup in Texas’ road win at No. -
Individual Notes
2008 Colorado Football Individual Notes (as of September 22 a.m.) 2008 Colorado Football: Eight Quick Questions / The Coaches 1-1-1 EIGHT QUICK QUESTIONS We polled the coaches on eight quick questions; here’s what they told us: Who was your What is your What did you Favorite Who provided the favorite sports all‐time want to be Thing To greatest inspiration hero(es) as a favorite when you Favorite‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ Do In Your Coach to you growing up? youngster? sports team? were little? Song Movie Food Spare Time Potpourri ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Dan Hawkins My Dad Walter Payton and 1993 Willamette A football player Ventura The Most Memorable Sporting Event: Johnny Bench Univ. Football Highway Cowboys Mongolian Read 1995 Pacific Lutheran vs. Willamette! Romeo Bandison My Mother Ruud Gullit Feyenoord (Dutch A soccer player Hasta Que Se 300 Cheesecake Play with Most Memorable Sporting Event: (Dutch soccer player) soccer team in Rompa el Cuero my kids 1990 Oregon-No. 4 BYU at Autzen Stadium Rotterdam) (by King Bongo) (a 32-16 Oregon win) Greg Brown My Mom & Dad My father CU Buffaloes A football player Adagio There’s Mexican Play with What interest do you have that no one (Irv Brown) (I grew up as the For Strings Something my kids would ever expect? the son of a CU coach) About Mary I like to draw. Brian Cabral My Dad Dick Butkus Green Bay A football player Brother Iz’ Sandlot Plate Lunch Work in What are your hobbies know one would Packers Somewhere the yard initially expect? Snowboarding and Over The Rainbow surfing. -
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 -
Mcafee Takes a Handoff from Sid Luckman (1947)
by Jim Ridgeway George McAfee takes a handoff from Sid Luckman (1947). Ironton, a small city in Southern Ohio, is known throughout the state for its high school football program. Coach Bob Lutz, head coach at Ironton High School since 1972, has won more football games than any coach in Ohio high school history. Ironton High School has been a regular in the state football playoffs since the tournament’s inception in 1972, with the school winning state titles in 1979 and 1989. Long before the hiring of Bob Lutz and the outstanding title teams of 1979 and 1989, Ironton High School fielded what might have been the greatest gridiron squad in school history. This nearly-forgotten Tiger squad was coached by a man who would become an assistant coach with the Cleveland Browns, general manager of the Buffalo Bills and the second director of the Pro Football Hall of Fame. The squad featured three brothers, two of which would become NFL players, in its starting eleven. One of the brothers would earn All-Ohio, All-American and All-Pro honors before his enshrinement in Canton, Ohio. This story is a tribute to the greatest player in Ironton High School football history, his family, his high school coach and the 1935 Ironton High School gridiron squad. This year marks the 75th anniversary of the undefeated and untied Ironton High School football team featuring three players with the last name of McAfee. It was Ironton High School’s first perfect football season, and the school would not see another such gridiron season until 1978. -
D 1Dt~~~' Already
I w#~r "Continuous News Service vt As if Monday mornings weren't bad enough Since 1881" d 1dt~~~' already ... _ _____ __ VOLUME 94 NUMBER 3 MIT, CAMBRIDGE, MASSACHUSETTS TUESDAY, FEBRUARY 12, 1974 FIVE CENTS Candidates see change in Election Commission By Bill Conklin In recent years, few MIT "I'll treat all students and students have been able to reg- other voters on an equal basis," ister in Cambridge, particularly promised Tom Neel, a candidate undergraduates. After com- for Cambridge Election Comrrris- plaints of alleged "harrassment" sioner. of students trying to register, the Seven candidates for the Cambridge City Council passed a office spoke before the Demo- bill to make college dormitories cratic City Committee last week. legal domicile. The committee will elect three Several of the candidates nominees, one of whom will be disapproved of commissioners in appointed to the post by the past years requiring proof of City Manager. domicility. The candidates are Elizabeth -Shaw vowed to intervene if Dunn, Jon Halberstadt, Torn he saw another commissioner Neel, Vincent Panico, Sondra mistreating a voter. "I like to Scheir, Phillip Shaw, and argue with Samp! No proof or Andrew Trodden. check of residence is required Most of the candidates saw beyond the affidavit signed by extensive change in voter regis- the voter." tration procedures as a primary goal. Neel and Halberstadt advo- Interest min aw is growing cated a plan for checking resi- By Barb Moore vising and Education was devel- of the US, according to Nyhart. "Young voters won't come dence authenticity by sending a "Of the approximately oped to handle this over- TShe students look at the "mess because they know they will be postcard to the address given by 325,000 lawyers in the US to- whelming interest in law. -
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. -
Passer Ratings
THE COFFIN CORNER: Vol. 8, No. 9 (1986) BUCKING THE SYSTEM OR, WHY THE NFL CAN'T FIND HAPPINESS WITH ITS PASSER RATINGS By Bob Carroll If you believe in your heart of hearts that Warren Moon is a better passer than Otto Graham, you're at one with the National Football League. Never mind that Graham is a card-carrying member of the Pro Football Hall of Fame and a quarterback who led the Cleveland Browns to seven league championships in ten seasons, while Moon is the oft-booed signal-caller for one of the NFL's least successful franchises. According to the National Football League's Passer Rating System, Moon tossed for a 68.5 mark last season; Graham, in 1950 – a year his Cleveland Browns won the NFL Championship, could manage only a paltry 64.7. That makes it official; Warren is 3.8 better than "Automatic Otto." Has George Orwell become an NFL flack? Is this reality or newspeak? More! In the gospel according to the NFL, Dan Marino is the best passer ever. Until this year, Joe Montana was. A couple of other top ten performers: Danny White, the guy who made Dallas forget Roger Staubach, and Neil Lomax, whose success in St. Louis has made him a legend. And it don't rain in Indianapolis in the summertime. Well, it all depends, you say. Actually, it DOESN'T rain (or snow) inside the Hoosier Dome during any part of the calendar year, and Marino, Montana, White, and Lomax ARE good – maybe great – passers. But, are they THAT good? The much-maligned NFL Way of Rating Passers places some present throwers at the top of the Hurler Heap and consigns such clutzes as Sid Luckman, Johnny Unitas, Y.A. -
Information to Users
INFORMATION TO USERS This manuscript has been reproduced from the microfilm master. UMI films the text directly from the original or copy submitted. Thus, some thesis and dissertation copies are in typewriter face, while others may be from any type of computer printer. The quality of this reproduction is dependent upon the quality of the copy submitted. Broken or indistinct print, colored or poor quality illustrations and photographs, print bleedthrough, substandard margins, and improper alignment can adversely affect reproduction. In the unlikely event that the author did not send UMI a complete manuscript and there are missing pages, these will be noted. Also, if unauthorized copyright material had to be removed, a note will indicate the deletion. Oversize materials (e.g., maps, drawings, charts) are reproduced by sectioning the original, beginning at the upper left-hand comer and continuing from left to right in equal sections with small overlaps. Each original is also photographed in one exposure and is included in reduced form at the back of the book. Photographs included in the original manuscript have been reproduced xerographically in this copy. IDgher quality 6” x 9” black and white photographic prints are available for any photographs or illustrations appearing in this copy for an additional charge. Contact UMI directly to order. UMI A Bell & HoweU Information Compaiy 300 North Zeeb Road, Ann Arbor MI 48106-1346 USA 313/761-4700 800/521-0600 OUTSIDE THE LINES: THE AFRICAN AMERICAN STRUGGLE TO PARTICIPATE IN PROFESSIONAL FOOTBALL, 1904-1962 DISSERTATION Presented in Partial Fulfillment of the Requirements for the Degree Doctor of Philosophy in the Graduate School of The Ohio State U niversity By Charles Kenyatta Ross, B.A., M.A. -
NFL 1926 in Theory & Practice
THE COFFIN CORNER: Vol. 24, No. 3 (2002) One division, no playoffs, no championship game. Was there ANY organization to pro football before 1933? Forget the official history for a moment, put on your leather thinking cap, and consider the possibilities of NFL 1926 in Theory and Practice By Mark L. Ford 1926 and 2001 The year 1926 makes an interesting study. For one thing, it was 75 years earlier than the just completed season. More importantly, 1926, like 2001, saw thirty-one pro football teams in competition. The NFL had a record 22 clubs, and Red Grange’s manager had organized the new 9 team American Football League. Besides the Chicago Bears, Green Bay Packers and New York Giants, and the Cardinals (who would not move from Chicago until 1959), there were other team names that would be familiar today – Buccaneers (Los Angeles), Lions (Brooklyn), Cowboys (Kansas City) and Panthers (Detroit). The AFL created rivals in major cities, with American League Yankees to match the National League Giants, a pre-NBA Chicago Bulls to match the Bears, Philadelphia Quakers against the Philly-suburb Frankford Yellowjackets, a Brooklyn rival formed around the two of the Four Horsemen turned pro, and another “Los Angeles” team. The official summary of 1926 might look chaotic and unorganized – 22 teams grouped in one division in a hodgepodge of large cities and small towns, and is summarized as “Frankford, Chicago Bears, Pottsville, Kansas City, Green Bay, Los Angeles, New York, Duluth, Buffalo, Chicago Cardinals, Providence, Detroit, Hartford, Brooklyn, Milwaukee, Akron, Dayton, Racine, Columbus, Canton, Hammond, Louisville”. -
Nfl 100 All-Time Team’
FOR IMMEDIATE RELEASE Alex Riethmiller – 310.840.4635 NFL – 11/18/19 [email protected] NFL RELEASES RUNNING BACK FINALISTS FOR THE ‘NFL 100 ALL-TIME TEAM’ 24 Transformative Rushers Kick Off Highly Anticipated Reveal The ‘NFL 100 All-Time Team’ Premieres Friday, November 22 at 8:00 PM ET on NFL Network The NFL is proud to announce the 24 running backs that have been named as finalists for the NFL 100 All-Time Team. First announced on tonight’s edition of Monday Night Countdown on ESPN, the NFL 100 All- Time Team running back finalist class account for 14 NFL MVP titles and combine for 2,246 touchdowns. Of the 24 finalists at running back, 23 are enshrined in the Pro Football Hall of Fame in Canton, OH, while one is still adding to his legacy on the field as an active player. The NFL100 All-Time Team premieres on November 22 and continues for six weeks through Week 17 of the regular season. Rich Eisen, Cris Collinsworth and Bill Belichick will reveal the NFL 100 All-Time Team selections by position in each episode beginning at 8:00 PM ET every Friday night, followed by a live reaction show hosted by Chris Rose immediately afterward, exclusively on NFL Network. Of the 24 running back finalists, Friday’s premiere of the NFL 100 All-Time Team will name 12 individuals as the greatest running backs of all time. The process to select and celebrate the historic team began in early 2018 with the selection of a 26-person blue-ribbon voting panel. -
DCAD Football
20072007 BBIGIG GGREENREEN SSTATISTICSTATISTICS Ben Geoke vs Brown 2007 BIG GREEN STATISTICS Team Statistics Third Down Conv. 52-139 66-141 Third Down Pct. 37.0 47.0 Overall Record: Won 3 Lost 7 Tied 0 Fourth Down Conv. 14-22 12-24 Ivy League: Won 3 Lost 4 Tied 0 Fourth Down Pct. 64.0 50.0 Sacks By-Yards 12-84 23-142 Date Opponent Attendance Score Misc Yard 36 23 9/15 Colgate 5,115 (OT) 28-31 Possession Time 29:26 30:34 9/22 at New Hampshire 9,560 31-52 Attendance 27492 55528 9/29 Penn* 5,929 21-13 Games/Ave. 5/5498 5/11106 10/6 at Yale* 24,237 10-50 10/13 at Holy Cross 5,607 15-41 Individual Statistics 10/20 Columbia* 8,720 37-28 Returnees in CAPS 10/27 at Harvard* 11,005 21-28 Rushing GP Att Gain Loss Net Ave TD Long Game 11/3 Cornell* 3,711 59-31 MILAN WILLIAMS 8 123 690 33 657 5.3 3 42 82.1 11/10 at Brown* 5,119 35-56 ROB MITCHELSON 9 67 254 24 230 3.4 0 18 25.6 11/17 Princeton* 4,017 (OT) 14-17 NATE SERVIS 9 49 232 18 214 4.4 1 56 23.8 *=Ivy League Tom Bennewitz 10 60 239 121 118 2.0 2 32 11.8 Score by Periods 1 2 3 4 OT Total HUDSON SMYTHE 10 30 76 7 69 2.3 4 24 6.9 Dartmouth 63 65 56 87 0 271 Ryan Mahoney 10 20 63 0 63 3.2 3 11 6.3 Opponents 82 85 93 81 6 347 TIM McMANUS 10 7 52 2 50 7.1 0 21 5.0 ALEX JENNY 10 20 74 47 27 1.4 0 11 2.7 Dart Opp Julian Collins 10 2 7 0 7 2.3 0 4 0.7 Points 271 347 JOEY ZIMRING 2 1 0 0 0 0.0 0 0 0.0 Points per Game 27.1 34.7 MAX HEIGES 1 1 0 4 -4 -4.0 0 0 -4.0 Touchdowns 37 45 Team 6 6 0 7 -7 -1.2 0 0 -1.2 Field Goals-Att.