The Orange Mane -  a Denver Broncos Fan Community  

Go Back   The Orange Mane - a Denver Broncos Fan Community > Orange Mane Discussion > Orange Mane Central Discussion
Register FAQ Members List Calendar Chat Room Mark Forums Read



Reply
 
Thread Tools Display Modes
Old 08-02-2012, 09:47 AM   #1
cmhargrove
Is this thing on???
 
cmhargrove's Avatar
 
Travis Henry's love child...

Join Date: Aug 2006
Location: Tulsa, OK
Posts: 6,768

Adopt-a-Bronco:
Peyton Hillis
Default Anyone Find This Odd?

Sources: Browns sold for over $1B
Updated: August 2, 2012, 11:40 AM ET
ESPN.com news services

"The Cleveland Browns have been sold by Randy Lerner to Jimmy Haslam for in excess of $1 billion, league sources told ESPN NFL Insider Adam Schefter.

Jimmy Haslam is a truck-stop magnate and the older brother of Tennessee Gov. Bill Haslam. Jimmy Haslam is president and CEO of Knoxville, Tenn.-based Pilot Flying J, the largest operator of travel centers and travel plazas in North America with more than 550 retail locations. He is the older brother of Tennessee's Gov. Bill Haslam, who also worked for the family business before he was elected mayor of Knoxville in 2003 and again in 2007, then governor in 2010.

He also has described himself as a "1,000 percent" Pittsburgh Steelers fan."

Full Article here:
http://espn.go.com/nfl/story/_/id/82...browns-more-1b

I'm sure that people can change their perspective, but isn't there something a little wrong with this?
cmhargrove is offline   Reply With Quote
Sponsored Links
Old 08-02-2012, 09:49 AM   #2
Requiem
~~~
 
Requiem's Avatar
 
~ ~ ~

Join Date: Feb 2006
Location: Earth Division
Posts: 24,315

Adopt-a-Bronco:
Princes of Tara
Default

I wouldn't buy the Cleveland Browns for eight bucks.
Requiem is offline   Reply With Quote
Old 08-02-2012, 09:51 AM   #3
Kaylore
4 time AFCW Champs
 
Kaylore's Avatar
 
12 straight road division wins

Join Date: Aug 2004
Location: Ceti Alpha V
Posts: 47,205

Adopt-a-Bronco:
Pat Bowlen
Default

Quote:
Originally Posted by Requiem View Post
I wouldn't buy the Cleveland Browns for eight bucks.
I agree. That was the oddest thing about the article; That someone would spend any amount of money on the Browns.
Kaylore is offline   Reply With Quote
Old 08-02-2012, 09:54 AM   #4
Beantown Bronco
Athletic Supporter
 
Beantown Bronco's Avatar
 

Join Date: Mar 2004
Location: Mass
Posts: 20,560

Adopt-a-Bronco:
Matt Prater
Default

Quote:
Originally Posted by cmhargrove View Post
Jimmy Haslam is a truck-stop magnate
Isn't that how Spider introduces himself?
Beantown Bronco is online now   Reply With Quote
Old 08-02-2012, 09:58 AM   #5
BMarsh615
Ring of Famer
 
21ís No Champ

Join Date: Apr 2008
Posts: 2,089

Adopt-a-Bronco:
# 15
Default

I wonder how long it would take to recoup that $1B?

How much do owners make from football per year?
BMarsh615 is offline   Reply With Quote
Old 08-02-2012, 10:09 AM   #6
Kaylore
4 time AFCW Champs
 
Kaylore's Avatar
 
12 straight road division wins

Join Date: Aug 2004
Location: Ceti Alpha V
Posts: 47,205

Adopt-a-Bronco:
Pat Bowlen
Default

Quote:
Originally Posted by Beantown Bronco View Post
Isn't that how Spider introduces himself?
Kaylore is offline   Reply With Quote
Old 08-02-2012, 10:10 AM   #7
GreatBronco16
!!!TEAM!!!
 
GreatBronco16's Avatar
 

Join Date: Dec 2003
Location: Bama Baby
Posts: 6,602

Adopt-a-Bronco:
The Defense
Default

Quote:
Originally Posted by BMarsh615 View Post
I wonder how long it would take to recoup that $1B?

How much do owners make from football per year?
Well they don't actually recoup the money, they pay it back from all the investers they borrow the money from in order to buy it would be my guess. I'd say maybe 20 years to pay that back. Guess it depends on who they got the money from and how much interest is added to it.


Actually I'm not sure how you go about borrowing a billion dollars.
GreatBronco16 is offline   Reply With Quote
Old 08-02-2012, 10:13 AM   #8
SonOfLe-loLang
Young Buck
 
SonOfLe-loLang's Avatar
 

Join Date: Jan 2007
Location: Los Angeles
Posts: 21,738

Adopt-a-Bronco:
Thunder (RIP)
Default

Quote:
Originally Posted by Kaylore View Post
You know what I always wondered?

How do they work?
SonOfLe-loLang is online now   Reply With Quote
Old 08-02-2012, 10:25 AM   #9
Chris
Millenium Scrooge McDuck
 
Chris's Avatar
 

Join Date: Oct 2005
Posts: 7,525

Adopt-a-Bronco:
OrlandoFranklin
Default

Chris is offline   Reply With Quote
Old 08-02-2012, 10:33 AM   #10
DENVERDUI55
Guest
 

Posts: n/a
Default

Any NFL franchise makes money hand over fist.
  Reply With Quote
Old 08-02-2012, 10:36 AM   #11
bronco militia
OMG...this is horrible!
 
bronco militia's Avatar
 
THE GREATEST

Join Date: Apr 2001
Location: colorado springs, co
Posts: 25,356
Default

maybe they threw in the short bus?

Browns Fans!!! Here is your chance to own your very own Cleveland Browns Tailgating bus! It is 100% ready to go–you could be tailgating in it next week! Don’t waste your money on a generic bus and then have to spend nearly $2k for the paint job alone. This a 1986 Short-Bus that is the perfect size for tailgating in the muni-lot. It is a regular Chevy 350 V8 GASOLINE engine, with only 114,000 miles on it. I have had the bus for 4 years and have done all the customizations myself. Unfortunately, I have to sell because I can’t make it to as many games as I would like



bronco militia is offline   Reply With Quote
Old 08-02-2012, 11:48 AM   #12
Beej
Seasoned Veteran
 

Join Date: Dec 2005
Posts: 458
Default



Ooooh, I remember short bus days! I want me some short bus!
Beej is offline   Reply With Quote
Old 08-02-2012, 11:52 AM   #13
Los Broncos
Broncos Country
 
Los Broncos's Avatar
 

Join Date: Jun 2006
Location: Eastern Utah
Posts: 18,703

Adopt-a-Bronco:
Ryan Clady
Default

Where are my dog biscuits.
Los Broncos is offline   Reply With Quote
Old 08-02-2012, 11:54 AM   #14
Play2win
Ring of Famer
 

Join Date: Nov 2003
Posts: 9,628

Adopt-a-Bronco:
The Duke
Default

The Short Bus Browns.

That's their new official name from now on.

Play2win is offline   Reply With Quote
Old 08-02-2012, 11:57 AM   #15
RhymesayersDU
Go Broncos, Nuggets, Rox
 
RhymesayersDU's Avatar
 

Join Date: Apr 2004
Location: Back In The 303!
Posts: 14,992

Adopt-a-Bronco:
Ty Lawson
Default

Quote:
Originally Posted by DENVERDUI55 View Post
Any NFL franchise makes money hand over fist.
This. Anybody who wouldn't take an NFL franchise is pretty stupid.
RhymesayersDU is offline   Reply With Quote
Old 08-02-2012, 11:58 AM   #16
RhymesayersDU
Go Broncos, Nuggets, Rox
 
RhymesayersDU's Avatar
 

Join Date: Apr 2004
Location: Back In The 303!
Posts: 14,992

Adopt-a-Bronco:
Ty Lawson
Default

@DarrenRovell Buying an NFL team, even the Browns, is usually a good deal. Why? The National revenue distribution check. Last year, each team got $171.6M.
RhymesayersDU is offline   Reply With Quote
Old 08-02-2012, 12:16 PM   #17
Vegas_Bronco
Ring of Famer
 
Vegas_Bronco's Avatar
 
Fear is a lack of preparation.

Join Date: Apr 2004
Location: Now 64 Yards Out
Posts: 5,423

Adopt-a-Bronco:
1 Elam 1
Default

Can you imagine doing a 1031 exchange on 1Billion? Id transfer this into Pats pocket and buy me the donkeys...and hang out with the two kickers and their rotating herd of strippers.
Vegas_Bronco is offline   Reply With Quote
Reply

Thread Tools
Display Modes



Forum Jump


All times are GMT -7. The time now is 08:52 AM.


Denver Broncos