NFL in Toronto? (Relocation - Vikings/Bills)

[Huskies1947]

The NFL dream lives on. According to the Globe and Mail, owners of the Toronto Argonauts are working on bringing an NFL franchise north of the border while ensuring the survival of the Argos in the Canadian Football League.

Sources have told the Globe that Argos owners David Cynamon and Howard Sokolowski are interested in any NFL team that may be available for relocation and have included other CFL governors and league commissioner Mark Cohon in their plan.

While the dream of bringing an NFL franchise to Toronto is nothing new, the fear has always been the effect Canadian expansion would have on the CFL and the 130-year old Argos.

In addition to Toronto Blue Jays CEO and president Paul Godfrey

[J.Kim]

Never ceases to amaze me that there's a topic on this on the second week of every month.

It's as if there's some sort of Toronto NFL fan group that I don't know about, that meets weekly, and has schedules for which poster should post material related to Toronto and the NFL on a monthly basis...

[Huskies1947]

http://www.globesports.com/servlet/stor ... ball/home/

Actually that's a better article. Wonder what Bob McCowan is thinking. Now you got as many as 3 groups wanting to bring a NFL team here!

[Al n' Perk No Layups!]

What a coincidence! I want an NFL franchise too!

[Icness]

What a coincidence! I want an NFL franchise too!

Really, is there anyone with $500M+ laying around that doesn't want an NFL team? The average value of a franchise goes up nearly 10% every year and has done so for over 20 years. If the NFL suddenly decided to expand (it's not even in the infancy of discussion) or relocate a team (unlikely until the next CBA comes up in 2011 at the earliest) then those with deep pockets from every viable city in North America will be lining up to get a team.

[J.Kim]

-= original quote snipped =-





Really, is there anyone with $500M+ laying around that doesn't want an NFL team? The average value of a franchise goes up nearly 10% every year and has done so for over 20 years. If the NFL suddenly decided to expand (it's not even in the infancy of discussion) or relocate a team (unlikely until the next CBA comes up in 2011 at the earliest) then those with deep pockets from every viable city in North America will be lining up to get a team.

Yup, the NFL sure is a sound investment...

Unfortunately the neighborhood of $500M would probably net you 1/3rd of a team...
Not very long ago, offers for a team (The Saints) were being placed in the neighborhood around $1.2 Billion I think.
The value of these franchises probably has risen by a lot more since then.

[Icness]

I'll have to look up the franchise values on Forbes or something. I think you're more correct than I am with the values though.

That actually brings up another valid reason why a team in Toronto is a major pipe dream--the volatility of the exchange rate. Unless the team would agree to only accept American $$...

[cb4_89]

I wonder how much the packers cost

[Icness]

http://www.forbes.com/2007/09/13/nfl-team-valuations-biz-07nfl_cz_kb_mo_cs_0913nfl_land.html

From the piece:

NFL is the richest sports league in the world, with the average team worth some $957 million. And the Dallas Cowboys, the most valuable team in the NFL, are now the single most valuable sports franchise on the planet, worth $1.5 billion.

Pro football is also the most profitable sport on the planet (mean operating income in 2006 was $17.8 million on $204 million in revenue). Although its television ratings have slipped in the past decade, the NFL still beats the daylights out of other prime-time programming, including every other sport. Nearly three out of every four Americans watched an NFL game on television last season

NFL Team Values
1. Dallas Cowboys
2. Washington Redskins
3. New England Patriots
4. Houston Texans
5. Philadelphia Eagles
6. Denver Broncos
7. Chicago Bears
8. New York Giants
9. Cleveland Browns
10. New York Jets
11. Baltimore Ravens
12. Tampa Bay Buccaneers
13. Kansas City Chiefs
14. Carolina Panthers
15. Miami Dolphins
16. Pittsburgh Steelers
17. Green Bay Packers
18. Tennessee Titans
19. Seattle Seahawks
20. Cincinnati Bengals
21. Indianapolis Colts
22. St Louis Rams
23. Arizona Cardinals
24. Detroit Lions
25. New Orleans Saints
26. San Diego Chargers
27. Buffalo Bills
28. Oakland Raiders
29. Jacksonville Jaguars
30. San Francisco 49ers
31. Atlanta Falcons
32. Minnesota Vikings

Vikings are last at $582M and that is up 9%, though I believe a new stadium would put add another $250M to the value.

Article is a good read if you like sports business.

[J.Kim]

I'll have to look up the franchise values on Forbes or something. I think you're more correct than I am with the values though.

That actually brings up another valid reason why a team in Toronto is a major pipe dream--the volatility of the exchange rate. Unless the team would agree to only accept American $$...

I don't know how the Exchange Rate would figure into the equation much. The Loonie is right on par with the USD, and figures to rise to about $1CAD to $1.20USD in the next little while, according to some measures. The only real concern in the past was around the early 00's when Canadian Dollar was trading at around $0.70 USD, and that concern was whether any Canadian team could afford to pay salaries and expenses in USD (Since Something like a $100 Mil Salary Cap would mean $142 Mil CAD spending if the team spent right up to the cap)

[J.Kim]

http://www.forbes.com/2007/09/13/nfl-team-valuations-biz-07nfl_cz_kb_mo_cs_0913nfl_land.html

From the piece:

NFL is the richest sports league in the world, with the average team worth some $957 million. And the Dallas Cowboys, the most valuable team in the NFL, are now the single most valuable sports franchise on the planet, worth $1.5 billion.

Pro football is also the most profitable sport on the planet (mean operating income in 2006 was $17.8 million on $204 million in revenue). Although its television ratings have slipped in the past decade, the NFL still beats the daylights out of other prime-time programming, including every other sport. Nearly three out of every four Americans watched an NFL game on television last season

NFL Team Values
1. Dallas Cowboys
2. Washington Redskins
3. New England Patriots
4. Houston Texans
5. Philadelphia Eagles
6. Denver Broncos
7. Chicago Bears
8. New York Giants
9. Cleveland Browns
10. New York Jets
11. Baltimore Ravens
12. Tampa Bay Buccaneers
13. Kansas City Chiefs
14. Carolina Panthers
15. Miami Dolphins
16. Pittsburgh Steelers
17. Green Bay Packers
18. Tennessee Titans
19. Seattle Seahawks
20. Cincinnati Bengals
21. Indianapolis Colts
22. St Louis Rams
23. Arizona Cardinals
24. Detroit Lions
25. New Orleans Saints
26. San Diego Chargers
27. Buffalo Bills
28. Oakland Raiders
29. Jacksonville Jaguars
30. San Francisco 49ers
31. Atlanta Falcons
32. Minnesota Vikings

Vikings are last at $582M and that is up 9%, though I believe a new stadium would put add another $250M to the value.

Article is a good read if you like sports business.

Yeah, the average team value hovers at around $700-800 Mil I believe.
But with the increase of popularity of Football, and a potential growth of Football in other markets, you would figure that potential buyers would pay a premium above the current valuation.

[Al n' Perk No Layups!]

-= original quote snipped =-



I don't know how the Exchange Rate would figure into the equation much. The Loonie is right on par with the USD, and figures to rise to about $1CAD to $1.20USD in the next little while, according to some measures. The only real concern in the past was around the early 00's when Canadian Dollar was trading at around $0.70 USD, and that concern was whether any Canadian team could afford to pay salaries and expenses in USD (Since Something like a $100 Mil Salary Cap would mean $142 Mil CAD spending if the team spent right up to the cap)

It's not the value, it's the volatility that's the problem. One day it's up, the next it's down. Players don't know how much they will actually be getting paid when they sign their deals. I'm pretty sure that's what Ice meant. Though I guess it worked out in baseball and basketball.

[J.Kim]

-= original quote snipped =-



It's not the value, it's the volatility that's the problem. One day it's up, the next it's down. Players don't know how much they will actually be getting paid when they sign their deals. I'm pretty sure that's what Ice meant. Though I guess it worked out in baseball and basketball.

Not really. Volatility wouldn't matter to the player at all, I believe, since most contracts are indicated and signed under the agreement that it is USD (Of course, some players may make the stipulation that they may want to sign in CAD, but that's their own prerogative I believe)

Volatility would matter to the team moving into or expanding in Canada, since it disrupts their operations, as they have to convert revenues into USD for Operating expenses and Salary expenses.
But as it stands, CAD is expected to gain even more ground on the USD, so it can only be beneficial to the team moving into or expanding into Canada.

[studcrackers]

ok so if we can get everymember here to donate 100 bucks u think we can get an nfl franchise?

[J.Kim]

ok so if we can get everymember here to donate 100 bucks u think we can get an nfl franchise?

I wish Sports teams operated like publicly traded companies, distributing Common stocks.

Move from investment to investment, depending on how well a team does. Plus, ownership would be more liquid too. And the common man could own a team.

[Modern_epic]

-= original quote snipped =-



It's not the value, it's the volatility that's the problem. One day it's up, the next it's down. Players don't know how much they will actually be getting paid when they sign their deals. I'm pretty sure that's what Ice meant. Though I guess it worked out in baseball and basketball.

That sure is a problem in baseball and basketball...

[Huskies1947]

-= original quote snipped =-



That sure is a problem in baseball and basketball...

Ummm no it isn't... they pay the players in the USD. So right now they are saving money.

[Modern_epic]

-= original quote snipped =-



Ummm no it isn't... they pay the players in the USD. So right now they are saving money.

If you really need the green text there, maybe you should stay off the internet.

[Huskies1947]

-= original quote snipped =-



If you really need the green text there, maybe you should stay off the internet.

Green text > *

[Al n' Perk No Layups!]

-= original quote snipped =-



That sure is a problem in baseball and basketball...

Read the Bold.

-= original quote snipped =-



It's not the value, it's the volatility that's the problem. One day it's up, the next it's down. Players don't know how much they will actually be getting paid when they sign their deals. I'm pretty sure that's what Ice meant. Though I guess it worked out in baseball and basketball.