Re:CA Governor Signs Bill Allowing College Athletes to Profi...
by TylerE on Monday September 30, 2019 @03:43PM
(#21118991)
The least valuable NFL team had profits of $126M on revenue of over $400m.
So I suspect the answer is a strong "no", but they're at least in the same zipcode if not the same ballpark.
Re:CA Governor Signs Bill Allowing College Athletes to Profi...
by adventured on Monday September 30, 2019 @03:49PM
(#21119058)
The least valuable NFL team - the Bills - had $86m in operating income.[1] Net profit would be lower.
The Cleveland Browns only had $32m in operating income, coming in as the 5th least valuable team. The Oakland Raiders were the 12th most valuable, with $28m in operating income (of course their value is high due to other factors).
Seems plausible that Alabama's program is worth over a billion dollars solidly. The value boost of being in the NFL is obviously what really separates the situations, regardless of comparable incomes.
[1] https://www.forbes.com/teams/buffalo-bills/?list=nfl-valuati...
https://www.forbes.com/sites/mikeozanian/2019/09/04/the-nfls...
Re:CA Governor Signs Bill Allowing College Athletes to Profi...
by rwmurrayVT on Monday September 30, 2019 @03:55PM
(#21119111)
Does that include sales of things like generic UofA apparel and stickers? There's a great deal of UofA 'stuff' that isn't labeled football.
According to a CNN Money article.