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Trump is negotiating to buy a sports franchise


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Debartolo was not accepted due to his "mob" affiliations, and organized crime.

 

It had nothing to do with he was going to spend to much money.

 

Also, If Trump bought a team, I would suspect he would use it as an investment to promote his business, and put a good amount of money into the team.

 

In his new show on TV, I wished I was on it to try and tell him he should buy the Sox, because they were one of the easiest ways to make a huge return on investment.

 

SB

At the time, DeBartolo was rejected as Sox owner because MLB didn't want "absentee ownership". I don't think Trump would be considered as such because of the property(ies) he is developing here!

 

Please, please, please buy the Sox, Donald!!!

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Haven't chimed in on this subject yet because I was doing the research...

 

Here are the most recent Franchise values for all the Major Sports

 

MLB Franchise values --(as of 4/28/03)

 

NFL Franchise Values -- (as of 8/29/03) Scroll down

 

NHL Franchise Values -- (as of 12/08/03)

 

NBA Franchise Value -- Scroll way down

 

An old list from ESPN listing all the franchises together.

 

The NBA one is the most telling... It says that JR bought the bulls in 85 for only $9MIL and today they are worth over $300MILL..There's no way jerry's selling. not when he could have already cashed in the bulls at over a 3000% return.

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Its the Nets.

 

Jay-Z was also looking into buying them, and had a NY firm look into it.

 

Also Basketball teams according to Forbes are more profitable, not to mention they have a salary cap, meaning the league is stabilized.

 

That being said, the Bulls were bought for $8mil, and are now worth $330mil.

 

Youd think that Reinsdorf being the great businessman he thinks he is, would realize establishing a winning franchise in the end makes up for the small amount of money you might lose in the short term.

 

Oh well

 

SB

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Ok hold the phone. That White Sox value pages says that JR made about 35 million dollars of the team last year. What the f*** Jerry?! Put some of that money back into the team you cheap bastard. You probably couldn't spend that 30 million dollars in the rest of your lifetime anyway.

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Ok hold the phone. That White Sox value pages says that JR made about 35 million dollars of the team last year. What the f*** Jerry?! Put some of that money back into the team you cheap bastard. You probably couldn't spend that 30 million dollars in the rest of your lifetime anyway.

Since not all figures are released, The forbes figures probably error on the high/profit side. The figurs are estimates based on public documents. So take everything for what its worth.

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Just watched these two videos from forbes...

 

Video: New Ballparks Boost Team Valuations

 

Video: Baseball Teams Network Their Way To Success

 

The first one is interesting because... I don't think the parnership with US cellular, and thus stadium upgrades, was figured into the White Sox value.

 

The second mentioned the white sox probably starting a network.. But that's already happened, in conjuction with the other chicago teams.. So that also increases the value/ hides revenue from the revenue sharing agreement.

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Since not all figures are released, The forbes figures probably error on the high/profit side.  The figurs are estimates based on public documents.  So take everything for what its worth.

Forbes #'s are much more respectible IMO. This is a national business publication who's job it is to bring investors reliable #'s to base their investments on. The numbers that MLB releases are PR ploys used to attempt to get concessions from the players union. I know which seems the most believable to me.

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Yeah, Trump isn't gonna get into baseball to lose money.

I'm not talking about wreckless spending. I am talking about investing in the team. It wouldn't take much of an increase in payroll to excite this town. Heck if he went out and signed the right name here and there, USCF would be full all of the time. I am telling you in this market, and with the underutilization of the White Sox brand name, they are a huge investment op, and simply a name like Trump would add 5000 people a night to attendance.

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Ok hold the phone. That White Sox value pages says that JR made about 35 million dollars of the team last year. What the f*** Jerry?! Put some of that money back into the team you cheap bastard. You probably couldn't spend that 30 million dollars in the rest of your lifetime anyway.

That's a $35 Mil increase in the team's theoretical valuation only. Reinsdorf would only realize that kind of profit if he were to sell the team. Increases in team valuations do not do anything to increase the revenue that could be used to increase the payroll.

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It would be WILD if Trump bought the Sox, but I'm 99% sure it's the Nets he's talking about, they were worth 218m in the NBA value article and with a year appreciation and some other people interested in them (Jay Z) that could easily put the Nets worth at 250m....

 

One glimmer of hope is that Reinsdorf is not the only owner, and if the small possibility exists that Trump is offering this much, I believe the other owners have enough % of ownership to make it happen

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That's a $35 Mil increase in the team's theoretical valuation only.  Reinsdorf would only realize that kind of profit if he were to sell the team.  Increases in team valuations do not do anything to increase the revenue that could be used to increase the payroll.

Call me stupid, but where is this $35 million figure located? I looked all through the Forbes pages and missed it. Can anyone provide a link? All I saw were valuations from after the 2000 and 2002 seasons.

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Call me stupid, but where is this $35 million figure located?  I looked all through the Forbes pages and missed it.  Can anyone provide a link?  All I saw were valuations from after the 2000 and 2002 seasons.

He's just pulling numbers out of his ass. No team in baseball makes a $30M profit.

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Ok, it probably is the Nets, considering Trump's ties to Atlantic City. But, let's consider the big picture if Trump were to look at the Sox.

 

First. And probaly foremost. The City of Chicago is STARVED for a World Series Championship. The team that brings it home first is going to be the Big Dog on the block. Inversting in this team, and bringing home a trophy, would make the value of the franchise skyrocket. More so, than the Cubs, because they sellout all the time anyway. The Sox are a potential gold mine to someone smart enough (you listening JR?) to properly invest in and market the team.

 

Second. The area around USCF is already being upgraded. It's going to be a yuppie neighborhood in 5-10 years, from what I saw in May 2003. That means there be neighborhood bars, restaurants and the like opening up. Just investing in the area could be a windfall.

 

Also, Spiff had a very good point. Maybe, just maybe, Trump has targeted the Sox. If he plans to keep them in Chicago, and go for the brass ring, I'm all for it.

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ss2k, where is the $35 million figure in Forbes? I looked everywhere on there and couldn't see anything to that effect. If it is in there, please show me a link. What I saw is the Sox had approximately $1.2 million in operating income before taxes interest and depreciation after the 2002 season.

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It would be WILD if Trump bought the Sox, but I'm 99% sure it's the Nets he's talking about, they were worth 218m in the NBA value article and with a year appreciation and some other people interested in them (Jay Z) that could easily put the Nets worth at 250m.... 

 

One glimmer of hope is that Reinsdorf is not the only owner, and if the small possibility exists that Trump is offering this much, I believe the other owners have enough % of ownership to make it happen

Thought I heard Puff Daddy, Diddy.. whatever his name is.. was also looking into buying them..?

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ss2k, where is the $35 million figure in Forbes?  I looked everywhere on there and couldn't see anything to that effect.  If it is in there, please show me a link.  What I saw is the Sox had approximately $1.2 million in operating income before taxes interest and depreciation after the 2002 season.

I think that was the number the JR personally made, IIRC, not what the team made.

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