True. The return on investment by the Mara family is crazy. Started the giants with $500 bucks even after adjusted for inflation to today’s dollars the return is unbelievable. Almost like bitcoin
Update: pro football became a national pastime after the greatest game in 1958. Before that it was a regional sport and college football was more popular.
Mara sold half to the Tisch family who made their money from television and radio iirc
I wonder why? If I sold some corn and bought 10% what do I get in return? Gotta be some sort of cash flow right?
You buy a team for the capital appreciation
Jerry Jones bought the cowboys for 140 million dollars in 1989. Today the Cowboys are valued between 5 and 10 billion dollars.
Private equity is about flipping an investment not collecting dividends
Also the ledger is private, very private. No way the Mara family opens the books to the New York media.
True. The return on investment by the Mara family is crazy. Started the giants with $500 bucks even after adjusted for inflation to today’s dollars the return is unbelievable. Almost like bitcoin
1925 dollars lol
100 years ago
Update: pro football became a national pastime after the greatest game in 1958. Before that it was a regional sport and college football was more popular.
Mara sold half to the Tisch family who made their money from television and radio iirc
Sports franchises print cash
they have a lot of overhead
edit: only if you get a large share of stadium receipts