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Legend
- Joined
- Jan 26, 2013
- Messages
- 5,089
Long term franchise value justifies the fee, if the equation is about money.
Yeah I get that...but ....650 Million!!!!
Assuming the team value is 3B (a commonly quoted value of the Rams once the stadium is built) then relocation fee is an amount equal to about 22% of the entire franchise value. One could argue that the value when leaving St Louis (1.5B) would be more applicable when figuring the actual value of the team at the time of the move.
Doesnt seem so smart to me, unless real dollars and not Forbes dollars start to trickle in as annual earnings in staggering amounts. And I suppose since I dont know annual earning (EBIDTA) potential, thats why I stuggle with that amount of money. Either way, seems waaaay excessive to me.