Marc Ganis
Marc Ganis
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This would be the first example of a stadium being developed from the outset for two N.F.L. teams, ... The cost of these buildings has skyrocketed to such a degree that it makes far more economic sense to share the debt service and the revenues. The net revenues for the two teams are likely to be significantly better than if they each built their own stadium.
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I say that from some personal knowledge and from the historical perspective of nothing happening in South Florida to get a stadium deal done.
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Ownership of the Washington Redskins provides perhaps the most visible platform from which to try and lobby Congress, pass legislation, speak with lobbyists and interact with the media in the nation's capital. There's a lot of value associated with that.
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It is economically if not physically obsolete. When you have a special event like Sugar Bowl or Super Bowl, people care less about how far away the field is or a bathroom in the luxury box. But for annual ticket buyers, it's a big deal to them.
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I suspect you would see a handful of clubs that can pay more and would pay more. But you would also see a lot of clubs not spending $100 million, like they now do.
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It doesn't have to be some sort of brand new, $1 billion stadium like what was planned for New York.
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When you get out of the top 10 markets, it's really important how many other sports teams are in town. You want to move to a market with zero or one. Charlotte can definitely support two teams.
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Winning is the great deodorant. Even if this is a marketing mistake, and I'm not saying it is, winning goes a long way to fixing it.
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The Panthers have matured as a franchise, and they are benefiting from a continuous effort to upgrade their operations. Even when they had lean years on the field, the Panthers took care of their fans and sponsors. That's paying off.
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Time Warner will need to take the NFL Network on. Their subscribers will demand it. Plus, Time Warner needs the NFL Network more than some channel about gardening or something like that.
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Whether it is right or wrong, it is the way our celebrity-driven culture is. When people see major celebrities coming out to an event, they feel they should be there as well.
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If the team is competitive, the Los Angeles fans will pay top dollar, make going to the games an event, ... But they won't support a loser. There are too many alternative activities can be conducted in the fall. You can go to beach. You can't do that in Chicago.
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There is no debate of two facts: that Major League Baseball wants to be in D.C., and there are at least three places where the Nationals can be relocated. But no one should be thinking about the Nationals right now because it is Washington's team.
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Based on these numbers, the Jets and Giants would be among the top three or four most profitable clubs in the National Football League.