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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. -
Ayn Rand? Ayn Rand Ayn
Who Is Ayn Rand? Ayn Rand Few 20th century intellectuals have been as influential—and controversial— as the novelist and philosopher Ayn Rand. Her thinking still has a profound impact, particularly on those who come to it through her novels, Atlas Shrugged and The Fountainhead—with their core messages of individualism, self-worth, and the right to live without the impositions of others. Although ignored or scorned by some academics, traditionalists, pro- gressives, and public intellectuals, her thought remains a major influence on Ayn Rand many of the world’s leading legislators, policy advisers, economists, entre- preneurs, and investors. INTRODUCTION AN Why does Rand’s work remain so influential? Ayn Rand: An Introduction illuminates Rand’s importance, detailing her understanding of reality and human nature, and explores the ongoing fascination with and debates about her conclusions on knowledge, morality, politics, economics, government, AN INTRODUCTION public issues, aesthetics and literature. The book also places these in the context of her life and times, showing how revolutionary they were, and how they have influenced and continue to impact public policy debates. EAMONN BUTLER is director of the Adam Smith Institute, a leading think tank in the UK. He holds degrees in economics and psychology, a PhD in philosophy, and an honorary DLitt. A former winner of the Freedom Medal of Freedom’s Foundation at Valley Forge and the UK National Free Enterprise Award, Eamonn is currently secretary of the Mont Pelerin Society. Butler is the author of many books, including introductions on the pioneering economists Eamonn Butler Adam Smith, Milton Friedman, F. -
GENERAL SESSIONS the METAPHYSICS of CONSCIOUSNESS: the What and the How of Cognition (3 Lectures) Harry Binswanger
- ' SECOND I RENAISSANCE CONFERENCES H PRESENTS I ~IDEAS FOR THE RATIONAL MIND Ill" I A PHILOSOPHICAL CONFERENCE I JUNE 28 TO JULY 11, 1998 THE NASHUA MARRIOTT NASHUA, NEW HAMPSHIRE Dear Reader: there is no charge for parking. SECOND RENAISSANCE CONFERENCES is New Hampshire is noted for its tax-free shopping, proud to announce a philosophical conference featur and there are several large shopping malls within a ing new and exciting lectures on epistemology by Dr. ten-minute drive of the hotel. The proximity to his Harry Binswanger. Detailed descriptions of these and toric Boston will allow conferees to attend the city's other lectures, courses, and faculty follow, so let me renowned Independence Day celebrations (with the tell you something about the conference venue. Boston Pops concert and traditional fireworks) and The Nashua Marriott is a first-class hotel situated enjoy the city's many historic, cultural, and culinary in the rolling hills of southern New Hampshire, about attractions. 44 miles northwest of Boston. The scenic White Moun I'm sure you will appreciate the intellectual content tains and New Hampshire's Atlantic coast are both of the conference and enjoy the accommodations of about an hour's drive away. the hotel. Come and experience the joy of meeting The hotel offers numerous amenities, including an people who share your values. I hope you will attend, indoor pool, outdoor sundeck, fitness center, wooded and I look forward to seeing you. jogging trail, and volleyball and basketball courts. In room amenities include hair dryer, iron/ironing board, ~s~ voice-mail, PC dataport, and on-command movies (for a small charge). -
Nhl Media Directory 2011-12 Table of Contents Page Page Nhl Directory Nhl Media 1+/2I¿Fhv
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New Atlas Shrugged Web Site More Facets Of
® Volume 14, Number 3, March 2008 ARI on the Web New Atlas Shrugged Web Site s we continue to expand our Web offerings, A Impact would like to inform you of our current ater this month is a free audio menu of sites. LARI will launch course, “A Study of atlasshrugged.com, a Galt’s Speech,” by Ayn Rand Institute Web site devoted to ARI senior fellow, www.aynrand.org Ayn Rand’s master- Dr. Onkar Ghate, The Ayn Rand Institute’s homepage piece. The site will available for the Ayn Rand Bookstore contain information first time on the www.aynrandbookstore.com about the history, Web. Also included The widest selection of books and recordings by, on message and author will be substantial and about Ayn Rand of Atlas Shrugged. new information “This Web about the novel and Objectivist Conferences (OCON) site will not only its history, based www.objectivistconferences.com commemorate the on Ayn Rand’s Conferences for the Rational Mind fiftieth anniversary biographical inter- Objectivist Academic Center (OAC) of Atlas Shrugged,” views conducted in www.objectivistacademiccenter.org said Yaron Brook, 1960 and 1961. ARI’s educational program for the study of Objectivism ARI’s executive The site’s con- director, “it will Home page screen capture of the new Atlas Shrugged Web site tent will be aimed Ayn Rand Novels also help those inspired by Ayn Rand’s heroes at a broad audience and ARI will add fresh www.aynrandnovels.com to learn more about the revolutionary philoso- content to the site, including testimonials from ARI’s Web site for high school and college students phy they embody.” CEOs and other readers, relevant news articles Ayn Rand Education The Web site will contain information and more. -
Analytics on the Mind an Objectivist Survey of Analytic Philosophy of Mind Diana Mertz Hsieh ([email protected]) 1 June 2003
Analytics on the Mind An Objectivist Survey of Analytic Philosophy of Mind Diana Mertz Hsieh ([email protected]) 1 June 2003 Abstract: Although debates over the nature of the mind have raged in analytic philosophy of mind in recent decades, Objectivism largely lacks not only a theory of mind, but also an active discussion of the subject. The common strategy of adopting views from analytic philosophy of mind is perilous, given the significant differences between the principles and methods of Objectivism and those of analytic philosophy. Nonetheless, Objectivists can and ought to learn from the failures and successes of analytic theories of mind. This paper examines the commonalities and conflicts between analytic philosophy and Objectivism in order to sketch a plausible philosophy of mind consistent with Objectivism. Mind and Body In recent decades, debates have raged in analytic philosophy over the nature of the mind and its relationship to the body. In a quest for a viable account of the metaphysics of the mind— for an understanding of the existence, specific character, and causal efficacy of consciousness in a physical world—theories have cycled in and out of fashion with remarkable rapidity. In contrast, a philosophy of mind well-integrated with Ayn Rand’s philosophy of Objectivism has yet to be developed. A survey of the Objectivist literature reveals only scattered critiques of common analytic positions and some (occasionally conflicting) elements of a positive theory (Hsieh 2003). As such, the debate is only just beginning for Objectivism. The absence of a well-defined Objectivist ontology of mind is surprising not only in light of the vigorous debates in analytic philosophy, but also given the central role of mind-body integration in Rand’s philosophical system. -
Ayn Rand Film to Premiere in Hollyrwood Prestigious Telluride Film Festival in Colorado
lmrract -f October'1996, Volume 2, Number'lO Tickets for the benefit are priced at two levels: $75 per person for the film and post-film reception, and $250 for those events plus a private reception with Michael Per-xtonand Leonard Peikoff prior to the screening, preferred seating at the screening, an autographed movie poster, and, if it can be arranged, a brief tour to special "Ap Rand sites" on the lot. Although this is his first feature film, Michael Pa"rton brought considerable experience to the project. He received hls M.F.R. in {ihn production from New York University's prestigious Graduate Institute of Fihn & Television and has worked as a r,vriterfor Disney's Feature Anirnation Dept. alld as an assistantdirector at Turner Entertainment on features such as The Pagemaster.He also directed the world premieres of ldeal (i9Sg) and Anthem (1991) for the stage,in Hollpvood. He began the documentary on A;m Rand in the summer of 1994, setting up the production company, writing the script, and filming archival rnaterial. He also shot interviews with people who knerv Ayn Rand, including Mike Wallace, Leor.rard Photo by Sorenson James Peikoff, and Harry Binswanger. Ayn Rand: A Senseof Lift was recently screened at the Ayn Rand Film to Premiere in Hollyrwood prestigious Telluride Film Festival in Colorado. Paxton'sfiln-r Earlier Screening at Telluride Draws Acclaim was one of only 27 films selected from more than 700 appli- cants worldwide for the 23rd annual event. Less than an hour "How does one reduce the achievements of a lifetirne of from Ouray, Colorado (the "setting" for Galt's Gulch), the filnr genius into 110 rninutes?" asks filmmaker Michael Paxton (pic- was shown on opening night, August 30. -
Ayn Rand and Youth During the 1960S
UC Berkeley The Charles H. Percy Undergraduate Grant for Public Affairs Research Papers Title Radicals for Capitalism: Ayn Rand and Youth during the 1960s Permalink https://escholarship.org/uc/item/4tb298wq Author Tran, Andrina Publication Date 2011-05-31 Undergraduate eScholarship.org Powered by the California Digital Library University of California ““RRAADDIICCAALLSS FFOORR CCAAPPIITTAALLIISSMM”” Ayn Rand and Youth During the 1960s ANDRINA TRAN DEPARTMENT OF HISTORY There is a fundamental conviction which some people never acquire, some hold only in their youth, and a few hold to the end of their days – the conviction that ideas matter. In one’s youth that conviction is experienced as a self-evident absolute, and one is unable fully to believe that there are people who do not share it. That ideas matter means that knowledge matters, that truth matters, that one’s mind matters. And the radiance of that certainty, in the process of growing up, is the best aspect of youth. –Ayn Rand CONTENTS Acknowledgements 2 INTRODUCTION 2 I THE QUIETEST REVOLUTION IN HISTORY 11 II MARKETING OBJECTIVISM 24 III THE THRILL OF TREASON 32 IV LIFE, LIBERTY, PROPERTY: Persuasion and the Draft 38 V LIBERTARIANS RISING 46 EPILOGUE: MEMORY & HISTORY 52 Bibliography 55 Appendix 61 1 ACKNOWLEDGEMENTS Even a paper pertaining to egoism could not have come into existence without the generous support of so many others. I would like to thank the Summer Undergraduate Research Fellowship Program, the Center for the Study of Representation at the Institute of Governmental Studies, and the Center for the Comparative Study of Right-Wing Movements for funding the various stages of my research. -
From the Instructor
From the Instructor Nicholas wrote this paper for my WR 150 course that surveys debates surrounding the free market. The second major paper in the course challenges students to contend with two uncompromising visions of the market’s virtues and evils: Karl Marx’s narrative of exploitation and estranged labor in The Communist Manifesto vs. John Galt’s forceful speech at the end of Atlas Shrugged, through which Ayn Rand asserts that competition alone can engender individual autonomy and national pros- perity. As a writer, the young Marx exemplifies many of the lessons that I teach my students. He provides an insightful and consistent framework for analysis—class relations—but does so through an elegant story with clear protagonists, antagonists, and a compelling narrative of historical struggle. Rand consciously inverts aspects of Marx’s narrative, contrasting “men of ability,” personified by Galt himself, with the weaker strata of society who seek shelter from the vicissitudes of struggle. Nicholas demonstrates in this paper his capacity to grasp the core points of contention between Rand and Marx, but also to elucidate the relevance of their grand visions for contemporary political debates in clear, insightful, and often clever prose. Nicholas frequently settled on a theme and argument from the first draft of his papers, and spent subsequent drafts developing those ideas further. He made good use of scholarly sources to substantiate his argument in this paper, especially when demon- strating that Rand, far from being a marginal twentieth-century thinker, has attained a mythical status for the contemporary American Right that is nearly on a par with the cult of Marxism in the scholarly and political movements of the past century. -
Rerel-ET|-Et Btheayn RANDINSTITUTE
rEreL-ET|-Et bTHEAYN RANDINSTITUTE No. 1 The Ayn Rand Institute: The Center for the Advancement of Obiectivism, Los Angeles December 1985 THE INSTITUTEOPENS The Ayn Rand Institute began of the next two years. This operation on February 1, 1985. allowed the Institute to begin. Its formation was due orimarilv to the The commitment of efforts of philosopher Leona.d leikoff, Ayn these Founding Contributors Rand's legal and intellectual heir, and busi- is perhaps a mark of what nessman Ed Snider, owner of the Phila- Ayn Rand advocated in For delphia Flyers and other business enter- the Neut Intellectual: "a prises. Dr. Peikoff provided the intellectual reunion of the twins who foundation, and Mr. Snider provided the should never have been sep- original impetus and the businessexpertise. arated: the intellectualand Both men wanted a basefrom which to ad- the businessman." The Board of Directors: vance the philosophy of Objectivism. After the Institute office Leonard Peikoff (Chairman), Edith Packer, Ed Snider Their basic goals and policies were opened in Los Angeles, a established at a series of meetings during fund-raising campaign was 1984, and a Board of Directors was named: launched,directed to 15,000people, drawn you informed about activities in which you Leonard Peikoff (chairman), Dr. Edith from mailing lists contributed by the Palo may wish to participate-and about the Packer and Ed Snider. Dr. Packer, an Ob- Alto Book Service,The lntellectual Actiaist, spread of Objectivism in general. iectivist since1962. is an attornev and a clin- The Obiectiuist Forum, and the Second We are now seeking to hire a full-time, ical psychologistin private practice.She is RenaissanceBook Service. -
The Fallacy of a Priori Statism
THE FALLACY OF A PRIORI STATISM Alan G. Futerman* & Walter E. Block** I. INTRODUCTION In this Article, we attempt to undermine the intellectual case for statism and defend anarchism. Part II addresses the fallacy of a priori statism, and Part III presents the justification for anarchism. The burden of Part IV is to deal with objections. We conclude in Part V. II. A PRIORI STATISM In the field of epistemology, the a priori, in Kant’s view,1 corresponds to that knowledge which is independent of experience2 and, according to John Stuart Mill, before experience.3 Statism may be defined as the doctrine holding the government as a solution to virtually every problem.4 Statists place the government * © Alan G. Futerman, University of the Latin American Educational Center, Rosario, Argentina, [email protected]. ** © Walter E. Block, Harold E. Wirth Endowed Chair and Professor of Economics, College of Business, Loyola University New Orleans, and senior fellow at the Mises Institute. Columbia University (Ph.D., Economics, 1972). 1. IMMANUEL KANT, CRITIQUE OF PURE REASON 127 (Paul Guyer & Allen W. Wood trans., Cambridge University Press 1998) (1781). 2. The a priori is knowledge that is absolutely “independent of all experience.” Id. at 136, quoted in Bruce Russell, A Priori Justification and Knowledge, STAN. ENCYCLOPEDIA PHIL. (May 19, 2014), https://plato.stanford.edu/archives/sum2017/entries/apriori/. 3. John Stuart Mill explains: We cannot acquire any genuine knowledge a priori, then. Mill holds that knowledge can be obtained only by empirical observation, and by reasoning which takes place on the ground of such observations. -
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 ....................