NY Jets 8th Most Valuable NFL Franchise

[kevinc855]

Some interesting stuff here. Follow the link for details. Copy and pasted below.

Cowboys 1, Bills at 32.

https://www.forbes.com/teams/new-york-jets/?sh=44ab42f85712

#8 New York Jets

TEAM VALUE

1

$4.05BCalculated August 2021

OWNER(S)

Johnson Family

CHAMPIONSHIPS

1

YEAR PURCHASED

2000

PRICE PAID

$635M

REVENUE

2

$345M

OPERATING INCOME

3

$8.4M

DEBT/VALUE

4

13%

PLAYER EXPENSES

5

$198M

GATE RECEIPTS

6

$2M

WINS-TO-PLAYER COST RATIO

7

28

REVENUE PER FAN

8

$7

METRO AREA POPULATION

19.2M

MEDIA PARTNERS

Tv: WCBS 2, SNY; Radio: ESPN 98.7 FM, 1050 AM

Revenues and operating income are for the 2020 season and net stadium debt service.

 

After two failed seasons under head coach Adam Gase, the Jets tasked former 49ers defensive coordinator Robert Saleh with righting the ship. Saleh is widely regarded as one of the best coaches in the league, and has received praise from every player and coach who has worked under him. Saleh will have new weapon Zach Wilson, taken by the Jets with the second pick, at the helm of his offense, which will look to second-year wideout Denzel Mims to be Wilson's big target.

NUMBERS

Valuation Breakdown

 

Sport⁹ $3,669M

Market¹⁰ $146M

Stadium¹¹ $45M

Brand¹² $189M

9. Portion of franchise's value attributable to revenue shared among all teams.

10. Portion of franchise's value attributable to its city and market size.

11. Portion of franchise's value attributable to its stadium.

12. Portion of franchise's value attributable to its brand.

Value Change

14%

1-YEAR CHANGE

 

9%

ANNUALIZED CHANGE

13

 

Historical

2021

Value¹

$4.1B

 

 

 

 

 

 

 

 

 

 

 

Revenue²

$345M

 

 

 

 

 

 

 

 

 

 

 

OperatingIncome³

$8.4M

 

 

 

 

 

 

 

 

 

 

 

PlayerExpenses⁵

$198M

 

 

 

 

 

 

 

 

 

 

 

Win-to-Player CostRatio⁷

28

 

 

 

 

 

 

 

 

 

 

 

VENUE

MetLife Stadium

OWNER(S)

MetLife Stadium Company

CONCESSIONAIRE

Delaware North

YEAR OPENED

2010

AVERAGE TICKET PRICE

$110

SEATING CAPACITY

82,500

COST TO BUILD

$1,400M

MAJOR SPONSORS

 

KEY CONNECTIONS

New York Yankees

 

New York Knicks

 

New York Rangers

 

[faba]

Woody is sitting on a boatload of money= now sell it

[Scott Dierking]

Now, even Forbes is pushing the agenda with Mims. I should have Mims' PR guy.

[Scott Dierking]

Just now, faba said:

Woody is sitting on a boatload of money= now sell it

It has not even reached its peak yet. New TV deals to kick in and the gambling site alliances are not even close to maturing.

[kevinc855]

Woody paid 635 Mil

Worth 4 B now..

WOW

[JetPotato]

Imagine what they would be with competent ownership

[munchmemory]

16 minutes ago, kevinc855 said:

Woody paid 635 Mil

Worth 4 B now..

WOW

I posted these figures a couple of times when folks were calling for Woody to sell the team or hire better.   As you see, he has no incentive to do better or sell the team.  It just keeps appreciating no matter if we're in first or last place.

[BP]

Too bad John Hess didn’t keep the team. We might have kept belichick and drafted Brady.

[Origen]

Why would they ever sell?  Unless Band-Aids get recalled they'll never need the money, so this is just a really, really, really, well paying feather in the portfolio.

[Origen]

3 minutes ago, BP said:

Too bad John Hess didn’t keep the team. We might have kept belichick and drafted Brady.

For that you gotta blame the Grim Reaper.

[BP]

Just now, Origen said:

Why would they ever sell?  Unless Band-Aids get recalled they'll never need the money, so this is just a really, really, really, well paying feather in the portfolio.

After they did their greatest accomplishment in Jets history (back to back afc championship losses) they continued to raise ticket prices for years after that (when they sucked) and people kept paying. So maybe woody isn’t really that dumb after all.

[BP]

3 minutes ago, Origen said:

For that you gotta blame the Grim Reaper.

John, not Leon lol

[SAR I]

8 minutes ago, BP said:

After they did their greatest accomplishment in Jets history (back to back afc championship losses) they continued to raise ticket prices for years after that (when they sucked) and people kept paying. So maybe woody isn’t really that dumb after all.

Complete.  Utter.  Lie.

The Jets have not raised ticket prices since 2008.  In fact, ticket prices have gone down in that time period.

SAR I

[BP]

4 minutes ago, SAR I said:

Complete.  Utter.  Lie.

The Jets have not raised ticket prices since 2008.  In fact, ticket prices have gone down in that time period.

SAR I

That’s not true. 

[THE BARON]

45 minutes ago, Scott Dierking said:

 and the gambling site alliances are not even close to maturing.

I've been wondering if all the new gambling alliances are going to give rise to scandal.  For example.  Marginal players being approached by who ever with a cash gift.  All they have to do is drop a pass, fumble the ball, miss a block.  What ever.  

[kelticwizard]

44 minutes ago, kevinc855 said:

Woody paid 635 Mil

Worth 4 B now..

WOW

Inflation cuts into a little bit of that. It takes $1.59 now to equal the value of a dollar in 2000.  So that makes the Jets worth about 3.02 Billion in 2000 dollars.  An increase in real, (inflation accounted for), value of about 5.4% a year.  Still a great payoff.

[batman10023]

these don't really make sense.

 

the bill have $2B due to the sport (revenue sharing) but the Jets have it at like $3B?

the value of the team is very high due to location.

[batman10023]

6 minutes ago, kelticwizard said:

Inflation cuts into a little bit of that. It takes $1.59 now to equal the value of a dollar in 2000.  So that makes the Jets worth about 3.02 Billion in 2000 dollars.  An increase in real, (inflation accounted for), value of about 5.4% a year.  Still a great payoff.

compare to putting it in the S&P500 it's a great investment.

getting to laugh at the Anti owners here makes it a grand slam

[Scott Dierking]

I wonder if the team is a part of a Family Trust. if so, I wonder who the heirs are.

If it is in a Family Trust, upon Woody's passing, there may be some tax advantages to the heirs to sell that asset fairly quickly, rather than have to pay the long term capital gains.

Can someone confirm that?

[jetstream23]

How valuable is the fanbase?

 

 

[SAR I]

48 minutes ago, BP said:

That’s not true. 

Completely true.

My Mezzanine Corner seats went from $75 (2001) to $95 (2004) to $125 (2008) and have remained at $125 through this very day (2021).  

The "outrage" should have happened in Giants Stadium when ticket prices almost doubled between 2000 and 2008.  The Johnson's have been very good to paying fans since MetLife opened.

I myself had expected my seats to go from $125 to $175 in a brand new building, it's what I budgeted in my head when making the decision.

$50 x 10 games x 12 years = $6,000

The PSL on that seat = $4,000

It's why PSL's are an argument that only non-PSL owners care about.  The Jets covered the cost of our PSL's by not raising ticket prices for 12 years in a brand new building.

SAR I

[SAR I]

42 minutes ago, batman10023 said:

the bill have $2B due to the sport (revenue sharing) but the Jets have it at like $3B?

the value of the team is very high due to location.

No doubt about it.  The NY Metro area has 20M people.  Compare that to, say, Miami at 6M or Kansas City at 2M and there is no doubt that there are more Jets fans on the planet that fans of any other team except, maybe, the Giants, Bears, and Cowboys whose populations and/or traditions provide their lofty status.  The Jets have been Top 3 in NFL attendance, and #1 in the AFC, since MetLife opened and we've had some really bad teams.

The Johnsons have done very well for themselves.  And they have been, in turn, good to their team (facilities, coaching, operations) and their fans (no price increases).  Now all we have to do is win.  Shouldn't be too hard.

SAR I

 

[SAM SAM HE'S OUR MAN]

Someone tell Woody !!!!!!!!!!!

[nj meadowlands]

16 minutes ago, SAR I said:

Completely true.

My Mezzanine Corner seats went from $75 (2001) to $95 (2004) to $125 (2008) and have remained at $125 through this very day (2021).  

The "outrage" should have happened in Giants Stadium when ticket prices almost doubled between 2000 and 2008.  The Johnson's have been very good to paying fans since MetLife opened.

I myself had expected my seats to go from $125 to $175 in a brand new building, it's what I budgeted in my head when making the decision.

$50 x 10 games x 12 years = $6,000

The PSL on that seat = $4,000

It's why PSL's are an argument that only non-PSL owners care about.  The Jets covered the cost of our PSL's by not raising ticket prices for 12 years in a brand new building.

SAR I

This is your dumbest take

[SAR I]

Just now, nj meadowlands said:

This is your dumbest take

Gameday ticket prices doubled from 2000-2008 and didn't go up a dime from 2008-2021.

And that lack of ticket price increase offset the PSL's completely.  

That's not a "take".  That's just the truth.

SAR I

[southparkcpa]

15 minutes ago, SAR I said:

 

The Johnsons have done very well for themselves.  And they have been, in turn, good to their team (facilities, coaching, operations) and their fans (no price increases).  Now all we have to do is win.  Shouldn't be too hard, unless your a trust fund baby who has never worked a day in his life.

SAR I

 

fixed

[Scott Dierking]

9 minutes ago, SAR I said:

  The Jets have been Top 3 in NFL attendance, and #1 in the AFC, since MetLife opened and we've had some really bad teams.

 

 

http://www.espn.com/nfl/attendance/_/year/2019/sort/homePct

 

Attracting the most (or near most) fans in the largest NFL stadium (seating capacity) in the largest market is no great feat.

Filling said stadium is a better measurement of the fervor of fans:

In 2019 The Jets ranked 20th in the NFL in Capacity filled: 95.2%

In 2018 The Jets ranked 22nd in the NFL in Capacity filled: 94.5%

In 2017 The Jets ranked 20th in the NFL in Capacity filled: 94%

You could put helmets on horses and call it football and you could attract crowds. But Jets fans ar not as fervent (according to capacity filled) as the majority of NFL teams. And season ticket money is barely a drop in the bucket in revenue.

[southparkcpa]

1 hour ago, munchmemory said:

I posted these figures a couple of times when folks were calling for Woody to sell the team or hire better.   As you see, he has no incentive to do better or sell the team.  It just keeps appreciating no matter if we're in first or last place.

That's the actual key. We are the worst team in terms of winning percentage in all sports since 2016 and yet the value doubles.  I state that the NFL, in fact all sports, should somehow incentivize teams to be competitive.   

[nj meadowlands]

14 minutes ago, SAR I said:

Gameday ticket prices doubled from 2000-2008 and didn't go up a dime from 2008-2021.

And that lack of ticket price increase offset the PSL's completely.  

That's not a "take".  That's just the truth.

SAR I

Look at what I highlighted.  Your TAKE is that PSL holders don't care about the PSL's.  That's just self-obsessed dumbassery.

[Origen]

2 hours ago, BP said:

John, not Leon lol

Yeah, but it was in Leon's will that when he died, the team got sold.  Family had no say and not enough $$$ to come close to keep it.

[JetPotato]

4 hours ago, munchmemory said:

I posted these figures a couple of times when folks were calling for Woody to sell the team or hire better.   As you see, he has no incentive to do better or sell the team.  It just keeps appreciating no matter if we're in first or last place.

He doesn't realize any of the gains until he sells.

[munchmemory]

36 minutes ago, JetPotato said:

He doesn't realize any of the gains until he sells.

He doesn't need the gains.  He lives an opulent life on what he has.  The Jets are a nest egg for the family when he kicks.  They either hold onto the team or sell it like the Hess family.

[flgreen]

3 hours ago, Origen said:

Yeah, but it was in Leon's will that when he died, the team got sold.  Family had no say and not enough $$$ to come close to keep it.

That's true.  Funny thing is he didn't put it in his will until a month before he died.  

Story was his son John wanted nothing to do with owning an NFL team.  He wanted the money.  His daughter Connie, who was some kind of politician in Penn.   Loved the NFL, and wanted to own the Jets.  She also had a hand in hiring Rich Kotite. 

According to the story the siblings were really at one another about it.  Leon just said screw it, and put it in his will that none of his family could have any interest in the new ownership.

Maybe  Leon figured  if she thought Kotite was going to be a good HC maybe she shouldn't own the team.   

 

 

[Origen]

Hard to believe we'd look back at Leon friggin' Hess wistfully.

[Origen]

1 hour ago, JetPotato said:

He doesn't realize any of the gains until he sells.

He can just skim off the top whatever he needs to make sure his great great great granddaughter's nanny can go to Paris for the week if he wants her to.  If they rolled them up, he would use $100 bills as toilet paper because that's how much his sh*t is worth.