View Poll Results: What is a fair profit for an average NFL owner?

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  • $0 - They make their money when they sell the team.

    1 3.45%
  • $10 M max. Similar to players on their second contract

    0 0%
  • $10 - $20 M. Like a top line veteran player

    0 0%
  • $20 - 30 M. As much as the highest paid players

    2 6.90%
  • $30 - 40 M. A bit more than the top players

    2 6.90%
  • $40 M+. Its a huge investments in a wildly successful business. A solid return is deserved.

    24 82.76%
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Thread: What is a fair profit for an NFL owner?

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  1. #1
    Obscure Rat HOFer Lurker64's Avatar
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    I suspect whoever voted for "$0 - They make their money when they sell the team." is not a Packers fan or has not actually thought about this very much. The Packers cannot be sold for profit, it's in the team charter that if the team is sold that all money goes to charity (I believe it was formerly a war memorial, but it was changed at some point). There is no rich owner to pay the bills when the Packers take a loss, they're only able to do that because they put their profits in a war chest/rainy day fund.

    If you believe that the fair amount of profit for an NFL team is $0, then you believe that the Packers should not exist.
    </delurk>

  2. #2
    Quote Originally Posted by Lurker64 View Post
    I suspect whoever voted for "$0 - They make their money when they sell the team." is not a Packers fan or has not actually thought about this very much. The Packers cannot be sold for profit, it's in the team charter that if the team is sold that all money goes to charity (I believe it was formerly a war memorial, but it was changed at some point). There is no rich owner to pay the bills when the Packers take a loss, they're only able to do that because they put their profits in a war chest/rainy day fund.

    If you believe that the fair amount of profit for an NFL team is $0, then you believe that the Packers should not exist.
    That is really overstating it. The Packers are not required to pay dividends and they keep a tremendous amount of near cash on hand (rainy day fund is $127 million - contributions to that fund do not count as profit). The Packers could make zero profit for quite a while and do quite nicely with that reserve.

    And Jason Wied has stated they shouldn't need to tap into that fund this year even if the labor issue continues into the fall.
    Bud Adams told me the franchise he admired the most was the Kansas City Chiefs. Then he asked for more hookers and blow.

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