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Post by FLCardinalFan on Aug 12, 2020 17:02:38 GMT -7
You probably read this and was thinking it was some sort of online scam LOL When it comes to money The big winner is The McCaskey Family CEO Virginia McCaskey's Father George Halas paid $100 dollars in 1920 for the Chicago Bears
Now worth 3.45 Billion
That is a return according to latimes
of 3,449,990,800%
Great to be a long time NFL Owner
Michael Bidwill
Michael's grandfather Charles Bidwill bought the Cardinals for $50,000 back in 1932
The Arizona Cardinals franchise is now worth
2.25 Billion
A 4,499,900 % return on the original investment
Other big winners: The New York Giants, Tennessee Titans Detroit Lions, Green Bay Packers Here is the link: from late July 7/17/20
www.latimes.com/sports/story/2020-07-17/nfl-billionaire-team-owners-who-rule-sports-united-states
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Post by cbltv on Aug 13, 2020 7:23:13 GMT -7
And now they are all in danger of losing that investment and it's returns. Pandering will do that to any investment, impho.
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Post by End Zone on Aug 22, 2020 3:52:14 GMT -7
The team values are theoretical. If there are no games and no fans, debts will skyrocket and team values will plummet. Remember tulips?
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Post by cbltv on Aug 26, 2020 9:41:08 GMT -7
I used to remember the tulips the wife planted years ago. But the deer ate them all!
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