Quote:
Originally Posted by Rock Chalk
Still, to control the franchise Elway will need to come up with the cash to buy 30 percent of it, along with a coalition of investors to purchase the rest. With NFL team values shooting to $1 billion and beyond, it could be a challenge for Elway to come up with $300 million.
http://profootballtalk.nbcsports.com...-has-the-cash/ |
Never mind. I clicked on the link (duh). I don't think that's true, though. It all depends on who you partner with. It's no different than any business. The expectations lie with the investors. I would think, given the ridiculous inflation when it comes to the prices of these teams, that lots of potential silent investors might be interested in owning a team, but not very interested in actually running it. For a partner like Elway, they might want to make sure he has significant skin in the game to partner with him - but how much skin is relative.
Using the Magic Johnson scenario with the Dodgers, he ended up putting in about 2 1/2 percent.