How/why is Bowlen broke? - The Orange Mane

spdirty · 03-18-2012, 05:43 PM

Just want a logical answer. Every last game the Broncos played since he became owner has sold out. They play in a 10 year old stadium. Able to rip people off with concessions. Tebow is a friggin cash cow in regards to merchandise sales.

I can't imagine the Broncos don't have more revenue coming in right now than ever before. A ton of exposure.

I don't understand why the Broncos/Bowlen could be broke right now. Someone please explain it logically to me beyond the "still paying the Shanny/McDaniels contracts" business. Cuz that aint it. The rumors been going around since 2007. And until someone can logically explain the how/why I won't believe it. Cheap maybe, but not broke.

Agamemnon · 03-18-2012, 05:50 PM

I would guess it's because he has some ****ed up financial issues somewhere. The cap is set according to profitability across all teams, so any team that has constant sellouts and a modern stadium with luxury boxes should be able to fill it relatively easily. But if Bowlen's got a lot of debt that profitability going to start disappearing down the interest black hole very quickly. The rumor that he might have to take out a loan to get Manning makes me wonder if he took out other loans in the past like that, because if he did it would start showing up in the team's cash flow eventually.

Hotrod · 03-18-2012, 05:51 PM

Were not "broke" its just too much for some to understand that the signing of Manning or not has major implications on the direction of the team. Are we building for the next 3 years around a pocket passing qb or a strong armed rb.

CBF1 · 03-18-2012, 05:52 PM

There are enough "IF's", "Guess", "Rumor", "wonder" in this short thread to kill a lion. Nothing like a factual thread

Hotrod · 03-18-2012, 05:53 PM

Quote:

Originally Posted by Agamemnon

I would guess it's because he has some ****ed up financial issues somewhere. The cap is set according to profitability across all teams, so any team that has constant sellouts and a modern stadium with luxury boxes should be able to fill it relatively easily. But if Bowlen's got a lot of debt that profitability going to start disappearing down the interest black hole very quickly. The rumor that he might have to take out a loan to get Manning makes me wonder if he took out other loans in the past like that, because if he did it would start showing up in the team's cash flow eventually.

Ok now I see

KevinJames · 03-18-2012, 05:53 PM

Quote:

Originally Posted by Hotrod

Were not "broke" its just too much for some to understand that the signing of Manning or not has major implications on the direction of the team. Are we building for the next 3 years around a pocket passing qb or a strong armed rb.

Damn spot on.

Los Broncos · 03-18-2012, 05:53 PM

Too much drinking.

Hotrod · 03-18-2012, 05:53 PM

Quote:

Originally Posted by CBF1

There are enough "IF's", "Guess", "Rumor", "wonder" in this short thread to kill a lion. Nothing like a factual thread

you noticed that too

Agamemnon · 03-18-2012, 05:54 PM

Quote:

Originally Posted by CBF1

There are enough "IF's", "Guess", "Rumor", "wonder" in this short thread to kill a lion. Nothing like a factual thread

Because people on this board are going to have hard facts about Bowlen's finances.

RhymesayersDU · 03-18-2012, 05:54 PM

He never went to freecreditreport.com.

rugbythug · 03-18-2012, 05:59 PM

Any owner that uses a team to make money will always be considered a Bottom Feeder. You buy sports teams to spend money not make it.

Drunken.Broncoholic · 03-18-2012, 06:02 PM

Al davis was one of the least richest owners. He was worth 800 million back in 2009. He still spent his cap space. He was an idiot with what he spent it on but showed you can be broke and still spend for players.

Drunken.Broncoholic · 03-18-2012, 06:04 PM

Quote:

Originally Posted by Agamemnon

Because people on this board are going to have hard facts about Bowlen's finances.

All I could find was he was the 937th richest man in the world in 2010. Likely lost money after that.

Agamemnon · 03-18-2012, 06:05 PM

Quote:

Originally Posted by rugbythug

Any owner that uses a team to make money will always be considered a Bottom Feeder. You buy sports teams to spend money not make it.

Unfortunately this is the truth. And it pretty much sums up Bowlen.

theAPAOps5 · 03-18-2012, 06:11 PM

Quote:

Originally Posted by Agamemnon

Because people on this board are going to have hard facts about Bowlen's finances.

So you admit you are talking out of your ass....... Again?

razorwire77 · 03-18-2012, 06:14 PM

Bowlen isn't broke. This is one of those mane fantasies that has grown and grown and grown and grown. Bowlen and his family are one of the 1000 wealthiest families in the world.

http://www.forbes.com/lists/2010/10/...mily_ACGS.html

However, he's not in the stratosphere of a Mark Cuban, Jerry Jones, Stan Kroenkeor Daniel Snyder type in terms of net worth. Although He's probably closer than many would think.

Honestly, I think it has more to do with Pat Bowlen suffering from age related dementia. I seriously doubt Bowlen really has much to do with the day to day operational budget of the team. My guess is Joe Ellis, along with a slew of corporate attorneys, Bowlen family advisers etc. are attempting to keep the operational budget as low as possible in relation to the money the team makes. However, the team is still one of the ten most valuable in the league.
http://www.forbes.com/2010/08/25/mos..._slide_11.html
Worth more than the Steelers, Colts, Packers, Chargers, Raiders, Chiefs etc. etc.

So why is Bowlen/Bowlen's family doing this? My guess is that the family anticipates a time in the near future when Pat is completely unable to run the franchise and where they will sell the team. In the meantime, they are attempting to keep the costs associated with owning and operating an NFL franchise as low as possible, until the day where they sell the franchise.

The good news is in 2013 we get a per-team spending minimum
http://profootballtalk.nbcsports.com...ly-until-2013/

"Each team muat spend at least 89 percent of the salary cap in cash on an annual basis."

Hulamau · 03-18-2012, 06:16 PM

Quote:

Originally Posted by CBF1

There are enough "IF's", "Guess", "Rumor", "wonder" in this short thread to kill a lion. Nothing like a factual thread

Indeed, those offering 'insights' and speculation here are just playing 'rumor monger whores' that have no earthly idea what they are spouting and even less of a clue what is really on Bowlen's mind or in his wallet ... but love the sound of their own voice, toch? :-)

R8R H8R · 03-18-2012, 06:24 PM

Quote:

Originally Posted by spdirty

Just want a logical answer. Every last game the Broncos played since he became owner has sold out. They play in a 10 year old stadium. Able to rip people off with concessions. Tebow is a friggin cash cow in regards to merchandise sales.

I can't imagine the Broncos don't have more revenue coming in right now than ever before. A ton of exposure.

I don't understand why the Broncos/Bowlen could be broke right now. Someone please explain it logically to me beyond the "still paying the Shanny/McDaniels contracts" business. Cuz that aint it. The rumors been going around since 2007. And until someone can logically explain the how/why I won't believe it. Cheap maybe, but not broke.

The short answer is that he is not broke, far from it. But it doesn't stop yahoos on a message board from declaring it so. Declaring it so, doesn't make it so.

This is being discussed on another thread. Bottom line is that in 2008 the Broncos brought in $240 million of revenue and had $39.9 million of operating income. O.I. is profits before taxes & interest. Obviously, 2011 numbers would be much larger. http://www.forbes.com/lists/2009/30/...ns_Income.html

DENVERDUI55 · 03-18-2012, 06:25 PM

I've never heard anything about him being broke other than on the Mane. Seems like SOCAL is the ring leader on it. I could be wrong though never seen a link or an article mentioning money problems for him.

R8R H8R · 03-18-2012, 06:26 PM

Quote:

Originally Posted by DENVERDUI55

I've never heard anything about him being broke other than on the Mane. Seems like SOCAL is the ring leader on it. I could be wrong though never seen a link or an article mentioning money problems for him.

Because it doesn't exist.

Pat Bowlen · 03-18-2012, 06:34 PM

Quote:

Originally Posted by Agamemnon

Because people on this board are going to have hard facts about Bowlen's finances.

No kidding. I once tried counting all the zeros but didn't feel like taking off my shoes.

Drunken.Broncoholic · 03-18-2012, 06:35 PM

Quote:

Originally Posted by Pat Bowlen

No kidding. I once tried counting all the zeros but didn't feel like taking off my shoes.

Hey Pat. Sign Bunkley.

R8R H8R · 03-18-2012, 06:36 PM

Quote:

Originally Posted by Drunken.Broncoholic

Hey Pat. Sign Bunkley.

Sign anyone!

Hotrod · 03-18-2012, 06:40 PM

Quote:

Originally Posted by R8R H8R

Sign anyone!

this

baja · 03-18-2012, 06:46 PM

Quote:

Originally Posted by spdirty

Just want a logical answer. Every last game the Broncos played since he became owner has sold out. They play in a 10 year old stadium. Able to rip people off with concessions. Tebow is a friggin cash cow in regards to merchandise sales.

I can't imagine the Broncos don't have more revenue coming in right now than ever before. A ton of exposure.

I don't understand why the Broncos/Bowlen could be broke right now. Someone please explain it logically to me beyond the "still paying the Shanny/McDaniels contracts" business. Cuz that aint it. The rumors been going around since 2007. And until someone can logically explain the how/why I won't believe it. Cheap maybe, but not broke.

Bowlen has a very expensive hooker habit

03-18-2012, 05:43 PM	#1
spdirty Ring of Famer Join Date: Jan 2006 Location: Bailey Posts: 13,902 Adopt-a-Bronco: Koppen	How/why is Bowlen broke? Just want a logical answer. Every last game the Broncos played since he became owner has sold out. They play in a 10 year old stadium. Able to rip people off with concessions. Tebow is a friggin cash cow in regards to merchandise sales. I can't imagine the Broncos don't have more revenue coming in right now than ever before. A ton of exposure. I don't understand why the Broncos/Bowlen could be broke right now. Someone please explain it logically to me beyond the "still paying the Shanny/McDaniels contracts" business. Cuz that aint it. The rumors been going around since 2007. And until someone can logically explain the how/why I won't believe it. Cheap maybe, but not broke.

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03-18-2012, 05:50 PM	#2
Agamemnon Ring of Famer Join Date: Jan 2011 Posts: 10,441 Adopt-a-Bronco: None	I would guess it's because he has some ****ed up financial issues somewhere. The cap is set according to profitability across all teams, so any team that has constant sellouts and a modern stadium with luxury boxes should be able to fill it relatively easily. But if Bowlen's got a lot of debt that profitability going to start disappearing down the interest black hole very quickly. The rumor that he might have to take out a loan to get Manning makes me wonder if he took out other loans in the past like that, because if he did it would start showing up in the team's cash flow eventually.

03-18-2012, 05:51 PM	#3
Hotrod Self Appointed Expert aka Dortoh Join Date: Aug 2003 Posts: 25,136 Adopt-a-Bronco: Miss I	Were not "broke" its just too much for some to understand that the signing of Manning or not has major implications on the direction of the team. Are we building for the next 3 years around a pocket passing qb or a strong armed rb.

03-18-2012, 05:52 PM	#4
CBF1 Ring of Famer No avatar is the new avatar Join Date: Apr 2004 Location: SoCal Posts: 14,907 Adopt-a-Bronco: Jack Del rio	There are enough "IF's", "Guess", "Rumor", "wonder" in this short thread to kill a lion. Nothing like a factual thread

03-18-2012, 05:53 PM	#7
Los Broncos Ring of farmers Join Date: Jun 2006 Location: Anaheim Hills, Santa Ana Mountains CA Posts: 18,766 Adopt-a-Bronco: Ryan Clady	Too much drinking.

03-18-2012, 05:54 PM	#10
RhymesayersDU Go Broncos, Nuggets, Rox GANGNAM STYLE Join Date: Apr 2004 Location: Back In The 303! Posts: 14,812 Adopt-a-Bronco: Ty Lawson	He never went to freecreditreport.com.

03-18-2012, 05:59 PM	#11
rugbythug Church Eyes. Salty Dog Join Date: Aug 2006 Posts: 3,788 Adopt-a-Bronco: Mr. Miller	Any owner that uses a team to make money will always be considered a Bottom Feeder. You buy sports teams to spend money not make it.

03-18-2012, 06:02 PM	#12
Drunken.Broncoholic Steppin on feet Pickled in Orange and Blue Join Date: Feb 2012 Location: Carmel Ca Posts: 6,260 Adopt-a-Bronco: LeLo Lang	Al davis was one of the least richest owners. He was worth 800 million back in 2009. He still spent his cap space. He was an idiot with what he spent it on but showed you can be broke and still spend for players.

03-18-2012, 06:14 PM	#16
razorwire77 Tapenade Swagga Splotchy Headed Assassin Join Date: Nov 2006 Location: Albuquerque Posts: 3,265 Adopt-a-Bronco: Mario Fannin	Bowlen isn't broke. This is one of those mane fantasies that has grown and grown and grown and grown. Bowlen and his family are one of the 1000 wealthiest families in the world. http://www.forbes.com/lists/2010/10/...mily_ACGS.html However, he's not in the stratosphere of a Mark Cuban, Jerry Jones, Stan Kroenkeor Daniel Snyder type in terms of net worth. Although He's probably closer than many would think. Honestly, I think it has more to do with Pat Bowlen suffering from age related dementia. I seriously doubt Bowlen really has much to do with the day to day operational budget of the team. My guess is Joe Ellis, along with a slew of corporate attorneys, Bowlen family advisers etc. are attempting to keep the operational budget as low as possible in relation to the money the team makes. However, the team is still one of the ten most valuable in the league. http://www.forbes.com/2010/08/25/mos..._slide_11.html Worth more than the Steelers, Colts, Packers, Chargers, Raiders, Chiefs etc. etc. So why is Bowlen/Bowlen's family doing this? My guess is that the family anticipates a time in the near future when Pat is completely unable to run the franchise and where they will sell the team. In the meantime, they are attempting to keep the costs associated with owning and operating an NFL franchise as low as possible, until the day where they sell the franchise. The good news is in 2013 we get a per-team spending minimum http://profootballtalk.nbcsports.com...ly-until-2013/ "Each team muat spend at least 89 percent of the salary cap in cash on an annual basis."

03-18-2012, 06:25 PM	#19
DENVERDUI55 Drunk on Arrival! New to the Forum Join Date: Aug 2011 Posts: 3,168 Adopt-a-Bronco: Montee Ball	I've never heard anything about him being broke other than on the Mane. Seems like SOCAL is the ring leader on it. I could be wrong though never seen a link or an article mentioning money problems for him.