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This team must be sold

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2 minutes ago, AFJF said:

If you owned the team, would you sell it?

Neither would Woody.

He'd sell at $5B

Note that the Cowboys, the Premium of the NFL, is valued at $4.5B

 

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Just now, Gas2No99 said:

He'd sell at $5B

Note that the Cowboys, the Premium of the NFL, is valued at $4.5B

 

Doubt it.  

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54 minutes ago, joewilly12 said:

Jets are only NFL team not to increase in value over the last year: report 

Because someone wrote that in a magazine article doesn't make it true.

This is only one persons subjective opinion.

Objective data (previous pre-sale estimates vs subsequent sale prices) would suggest otherwise.

 

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4 minutes ago, Kleckineau said:

Because someone wrote that in a magazine article doesn't make it true.

This is only one persons subjective opinion.

Objective data (previous pre-sale estimates vs subsequent sale prices) would suggest otherwise.

 

NEW YORK DAILY NEWS
 
Monday, September 18, 2017, 5:14 PM
THURSDAY, JAN. 5, 2017 FILE PHOTO

Woody Johnson is the only NFL owner whose organization's value did not increase over the last year.

  (MEL EVANS/AP)

The winless Jets are as stagnant on the business side as they are on the field. According to its annual ranking, Forbes reports the Jets are the only team in the NFL that did not increase in value since last year. The Jets ranked No. 9 among NFL teams with a total valuation of $2.65 billion.

According to the Forbes, the Cowboys, at $4.8 billion, are the most valuable franchise in pro sports. The Giants came in at No. 3 on the list with a valuation of $3.3 billion, behind only Dallas and New England.

The Atlanta Falcons, playing in a new stadium this season, saw a 16% increase in value since last year. Meanwhile, the Jets, stuck in a rebuild, were the only team in the league to post 0% growth since the 2016 list.

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Just now, joewilly12 said:
NEW YORK DAILY NEWS
 
Monday, September 18, 2017, 5:14 PM
THURSDAY, JAN. 5, 2017 FILE PHOTO

Woody Johnson is the only NFL owner whose organization's value did not increase over the last year.

  (MEL EVANS/AP)

The winless Jets are as stagnant on the business side as they are on the field. According to its annual ranking, Forbes reports the Jets are the only team in the NFL that did not increase in value since last year. The Jets ranked No. 9 among NFL teams with a total valuation of $2.65 billion.

According to the Forbes, the Cowboys, at $4.8 billion, are the most valuable franchise in pro sports. The Giants came in at No. 3 on the list with a valuation of $3.3 billion, behind only Dallas and New England.

The Atlanta Falcons, playing in a new stadium this season, saw a 16% increase in value since last year. Meanwhile, the Jets, stuck in a rebuild, were the only team in the league to post 0% growth since the 2016 list.

9th most valuable... not selling

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1 minute ago, joewilly12 said:
NEW YORK DAILY NEWS
 
Monday, September 18, 2017, 5:14 PM
THURSDAY, JAN. 5, 2017 FILE PHOTO

Woody Johnson is the only NFL owner whose organization's value did not increase over the last year.

  (MEL EVANS/AP)

The winless Jets are as stagnant on the business side as they are on the field. According to its annual ranking, Forbes reports the Jets are the only team in the NFL that did not increase in value since last year. The Jets ranked No. 9 among NFL teams with a total valuation of $2.65 billion.

According to the Forbes, the Cowboys, at $4.8 billion, are the most valuable franchise in pro sports. The Giants came in at No. 3 on the list with a valuation of $3.3 billion, behind only Dallas and New England.

The Atlanta Falcons, playing in a new stadium this season, saw a 16% increase in value since last year. Meanwhile, the Jets, stuck in a rebuild, were the only team in the league to post 0% growth since the 2016 list.

Like I said.

One mans opinion in a magazine article does not translate to fact.

BTW for arguments sake, lets say the writer is 100% correct.

Who gives a sh!t that Woody didnt get richer from owning the Jets this year.

 

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NFL rating are declining and the player safety controversy keeps climbing. No way anyone will make a 5B investment on an NFL franchise, especially not the worst team in the leauge. 

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1 hour ago, Tinstar said:

Don't some of you folks think you would be better off rooting for another team than tormenting yourself day after day  ?

Yes, we do. But habits are very hard to break. I already advised my two boys (8 & 5) to pick a different team to root for. 

 

 

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1 hour ago, joewilly12 said:

Jets are only NFL team not to increase in value over the last year: report 

There you go again with the LARGE FONTS. 

YES I realize you are stressing a point.

don't worry be happy

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Newsflash, if you hate the owner, gm, coaching staff, every player...it might be time for you to pick another team. Seriously the guy owns the team he isn't going to sell it because some keyboard crybaby thinks that it would suddenly make the jets a contender.

Sent from my LGUS991 using JetNation.com mobile app

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2 hours ago, ECURB said:

The JETS are a better and more exciting franchise than half the league... and half the NBA...MLB etc...

We have high standards so off years suck but they had some good years recently that other teams will never even sniff...

fellatrix

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Funny thing is, the thing that the Jets could do that would increase the value of the team the most, is to be the worst team in football.

They would have a highly touted rookie QB, hopefully a new HC, and somewhere between $80-100 M to spend.  People would be buying seats again to see what happens next.

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4 hours ago, peebag said:

good lord, this franchise is a cash cow to Woody - he's not going sell - just drop it already.

Seriously, how ignorant ARE some fans?

Woody owns the team, get used to it ffs.

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4 minutes ago, flgreen said:

Funny thing is, the thing that the Jets could do that would increase the value of the team the most, is to be the worst team in football.

They would have a highly touted rookie QB, hopefully a new HC, and somewhere between $80-100 M to spend.  People would be buying seats again to see what happens next.

Make it so ... Darnold please

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3 hours ago, Kleckineau said:

Because someone wrote that in a magazine article doesn't make it true.

This is only one persons subjective opinion.

Objective data (previous pre-sale estimates vs subsequent sale prices) would suggest otherwise.

 

+1

What was the alleged "paper" value of the Jets when he bought it, and what did he pay? So much for opinions. If he put it up for sale, someone would swoop in for more than it's worth. There are only so many of these, they hardly ever become available, and it's in (ok really close to ;)) the nation's largest city. 

Not for nothing, but in owning the Jets, he makes considerably more than just the team's increased value. So whether or not someone thinks it increased in value from 2016-2017 is irrelevant, since he's not selling it anyway. Whatever he'd get now, he'll get more later, and he'll pull crazy amounts of cash out along the way (independent of his asset's value increasing).

What's he going to do, sell it and then what? Pay a billion dollars in capital gains taxes and then stuff the rest under the world's biggest mattress? Spend it? Snort it? This is as good - and fun, even with the losing - investment as he's going to find.

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5 hours ago, Kleckineau said:

Like I said.

One mans opinion in a magazine article does not translate to fact.

BTW for arguments sake, lets say the writer is 100% correct.

Who gives a sh!t that Woody didnt get richer from owning the Jets this year.

 

Well the thing with investments is you don't gain or lose money until you sell. So on paper he didn't increase this year. But he has doubled his investment already.

Also I guarantee from a cash flow perspective the Jets are looking good. Salaries are low. The stadium sells out regardless. You make less on hot dogs.

I do hope Woody would sell. That would be great. What a terrible owner.

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6 hours ago, Maxman said:

Well the thing with investments is you don't gain or lose money until you sell. So on paper he didn't increase this year. But he has doubled his investment already.

Also I guarantee from a cash flow perspective the Jets are looking good. Salaries are low. The stadium sells out regardless. You make less on hot dogs.

I do hope Woody would sell. That would be great. What a terrible owner.

Its true what you say about investments.

Put in simple terms its akin to owning a house and estimating what you can sell it for.

Only when put up for sale and real offers come in is when you can truly gauge its worth.

If current estimates are even close Woody had had a >300% increase in his investment.

Not bad by any measure.

One caveat for to consider when selling is how much debt the Jets have that is tied to the franchise.

Is the debt on Florham Park and the Jets share of Metlife  and other franchise related debt baked in to it all?

It is very possible he has other corporations set up for these ventures but if the NYJ franchise serves as collateral for these developments and other debt this will significantly effect the net on any sale as debt tied to the asset is sometimes due (or refinanced for the next owner) on a sale. 

He may not be the sharpest tool in the shed but I would bet he gets top notch financial advice so I doubt he financed things like that with liquid assets and has used the franchise as collateral.

Like you, I wouldnt mind him selling the team but only if a Jetnation poll could select the next owner.

 

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