Leaked NFL Documents: While Owner Cried Hardship, Carolina Panthers Had $112 Million Profit Over Two Years

[Panthro]

Madhatter, you run your own succesful business?

[CatMan72]

I'm too busy LOLing at all the butthurt Skins fans posting in Gantt's PFT article.

LOL, I'm doing my best to troll them.

[Jase]

I'm going to need 150 likes for this post. I know I have 700 likes of my own, but I'd hate it if I moved my services to cat scratch reader. I barely get rep at all anymore.

[SCP]

LOL, I'm doing my best to troll them.

Me to. Those guys are so pissed that we curb stomped Griffin and that Cam is now 2-0 against them.

[Delhommey]

A prime example of why you are NOT a successfule business person. You have no clue what you are even rambling on about.

Hilarious when people who don't even have the business acumen to run a lemonade stand in their driveway start critiquing the strategy and business plans of VERY successful business owners.

I'll just reference the same facts you felt the Huddle was incapable of handling just a handful of pages earlier.

And as far as being a "successfule business person", I'll quote one of the greater poets of our generation: "A real gangsta ass ***** don't flex nuts, cause a real gangsta ass ***** knows he got em."

[SCP]

I love me some Scarface

[Happy Panther]

Owning an NFL team is high risk.

Not one team failed to turn a profit in the last decade.

Go ahead and rectify those two statements.

High risk?

Those two statements rectify just fine. The more risk the higher the return. I'm in a stock called NLY which gives me a dividend of between 12-15% a year and has done so consistently. If it were low risk I would not get anything close to that. Just because it has been consistent doesn't mean the bottom isn't going to fall out one day.

The risk for the NFL is that the next CBA falls through or one day TV deals go away. The NFL is doing well but other professional sports are struggling and taking on more and more debt to operate:

http://www.youtube.com/watch?v=sgUjdqyLsP4

[Happy Panther]

Madhatter, you run your own succesful business?

I do and I wouldn't do it if there weren't the potential for big consistent returns.

[Panthro]

I do and I wouldn't do it if there weren't the potential for big consistent returns.

Exactly. My question is what are those returns? Anything new?

[Happy Panther]

http://www.charlotteobserver.com/2013/03/07/3900643/revelation-a-big-blow-to-panthers.html

You also have to look at return on assets. JR has a $1B asset which is making a return of say 5% a year over time. Assets are supposed to make returns and 5% is pretty low compared to the companies I work with. One company I deal with doesn't enter a deal unless it can demonstrate a 20% annual return.

JR should be making money.

Doesn't fix 2010

[Panthro]

Interesting.

Question....He bought the team for $200m in 1993 and the Panther's worth has appreciated by more than $40M per year. Does that get factored into the equation?

[csx]

Interesting.

Question....He bought the team for $200m in 1993 and the Panther's worth has appreciated by more than $40M per year. Does that get factored into the equation?

What equation?

[Happy Panther]

Interesting.

Question....He bought the team for $200m in 1993 and the Panther's worth has appreciated by more than $40M per year. Does that get factored into the equation?

Absolutely. Unrealized gains. JR's true profit will be higher than anything we see in a financial statement due to things like this and other perks as well as any money he is parking offshore.

[JJT]

RIP JR's public image.

God forbid that the man made money.