Bucs’ Subsidized Valuation

It was well noted around here recently when Forbes magazine revealed that the Bucs are now valued at $1.51 billion–or 24th among the NFL 32 franchises. For the record, the Dallas Cowboys are first and the New England Patriots second with valuations of $4 billion and $3.2 billion, respectively. Also worth noting, the Glazer family bought the Bucs (in 1995) for $192 million.

Among other things, these imposing numbers are a reminder of what a free enterprise anomaly the NFL (No Financial Losses) is. Imagine, getting someone else (college football programs) to train your employees, someone else (taxpayers) to help build your workplace facility, someone else (local media) to provide continuous, free publicity and someone else (TV networks) to subsidize your business even if you put out an inferior product.

Don’t think this is what Bernie Sanders had in mind.

Leave a Reply

Your email address will not be published. Required fields are marked *