Jacksonville Jaguars Fan Forums

Quote:That argument could be applied towards any team not named the Cowboys, Packers, or Patriots. And yet no team has relocated because of that reasoning. Shared revenue works because it provides a level playing field for the smaller market teams vs the large market teams. without it the NFL would end up like the MLB. This particular business model works and is the main reason why football has overtaken baseball as "America's sport".

 

there aren't that many teams that would benefit from relocating though.  There are only a few being considered (SD, us, Oak, Stl, TB) 

 

There are plenty more profitable teams than you mentioned.  Take a team like Kansas City for example.  The fan base consistently packs the house.  Seattle, NY x2, Indy, Chicago, Cleveland, Philly, DC, Pitt, ect.  There are many many profitable franchises.  Im guessing we aren't one of them.

Quote:there aren't that many teams that would benefit from relocating though. There are only a few being considered (SD, us, Oak, Stl, TB)


There are plenty more profitable teams than you mentioned. Take a team like Kansas City for example. The fan base consistently packs the house. Seattle, NY x2, Indy, Chicago, Cleveland, Philly, DC, Pitt, ect. There are many many profitable franchises. Im guessing we aren't one of them.

And yet we're higher in attendance than some of those teams you mentioned. Maybe there is no issue at all.

All revenue the business brings in is considered in the Profit and Loss statements. There are just different categories. If there was not a single ticket sold to a game all season yet the Jags brought in $50 million in TV revenue that counts as income.

 

Consider my business. If I never sold a dinner or a drink, but sold 2000 T-shirts a month, that's still income. It goes in the books and I still pay taxes on the income less costs.

 

 

Regards...................the Chiefjag

Quote:All revenue the business brings in is considered in the Profit and Loss statements. There are just different categories. If there was not a single ticket sold to a game all season yet the Jags brought in $50 million in TV revenue that counts as income.

 

Consider my business. If I never sold a dinner or a drink, but sold 2000 T-shirts a month, that's still income. It goes in the books and I still pay taxes on the income less costs.

 

 

Regards...................the Chiefjag

 

The TV revenue for the Jaguars has got to be among the smallest in the league.  Look at the distribution map every week.  Just little blips on the map compared to other games.

 

 

Im assuming the more people watch the games, the more revenue they can generate.

Quote:The TV revenue for the Jaguars has got to be among the smallest in the league. Look at the distribution map every week. Just little blips on the map compared to other games.



Im assuming the more people watch the games, the more revenue they can generate.

At this point in time I'm glad the Jags aren't being shown to a bigger audience nationally. But I have to think that if this team ever got things turned around with exciting players to watch that the national exposure would be similar to what Green Bay has experienced the last 25 years or so. Before Favre arrived GB was almost never nationally televised and there was some talk of the team moving to Milwaukee. If we have something worth watching and talking about the media exposure will come.

I'd bet we make more money per win than any other team.  

Quote:I'd bet we make more money per win than any other team.  

 

Now that sir, is quite a true statement!  Well done sir, well done!

Quote:What does it take? The team will need to buy out of the lease and Khan would need to open his books showing a loss for a few years.


Look around.... That is certainly happening this year if you look at the stands. This team cant be making a profit. I mean, I would be extremely surprised if it is.


Also, consider all the equipment and renovations (locker room, sound system, video board) that Khan has spent money on. That will result in a TON of depreciation expense on the books, which will only add to the loss. Perhaps that was part of the plan.

How Asinine could this statement be? The Jaguars are averaging roughly 9,000 more fans than last year. We're at the 63,000+ mark. There isn't many teams that can claim this attendance. As for the upgrades to the stadium, we the tax payers are more responsible than Mr. Khan...


REALLY?


NH3...

Quote:The TV revenue for the Jaguars has got to be among the smallest in the league.  Look at the distribution map every week.  Just little blips on the map compared to other games.

 

 

Im assuming the more people watch the games, the more revenue they can generate.

If I'm not mistaken, the TV Revenue was voted to be divided up more evenly profiting the small market venues vs the BIG market venues...


NH3...

The improvements are effectively considered a capital expenditure.

 

The only expense that could be realized from the deal would be interest if the jags borrowed money to finance the improvements and that would be a relatively small expense that is also tax deductible.

 

It would have no effect on the income statement from which revenue is determined besides some tax expense if Khan decided not to pay cash. If he payed cash, then there would be no expense shown at all. It would show up on the balance sheet as an exchange of one asset (cash) for another (capital asset).

 

Acquiring an asset doesn't count as a loss of revenue.

 

Edit: Actually you would have a depreciation expense, but as a capital expenditure, it would be depreciated over a course of decades which would be a yearly expense equal to a single average players yearly salary, basically pocket change to the organization. Pushing the depreciation ahead in order to show a loss would violate GAAP and couldn't legally be used as a reason break the lease. 

Quote:Had*

Attendance is up this year over last, but consistent as ever, you never let a little thing like facts get in the way of your position.

Quote:im not worried, im just making the argument that it's possible.  especially when you consider all the expenses that have, without a doubt, been significant.

 

I don't think it would be as difficult to show a loss as you might think.  Eliminate the shared revenue that Jacksonville contributes very little to, and its not making much.  London would be their only savior... assuming they don't want to just move there.  Then you would have a London vs Jacksonville case which we would lose.

 

They would have to open up the books in a court of law to show precisely how they're losing money, and they'd have to show a loss for 3 consecutive seasons in order to initiate the process.  They haven't, aren't, and won't lose money if they are able to maintain the current level of ticket sales.  With licensing, broadcast revenues, and all the other streams, what they invested in renovations is peanuts.  Khan has about $25 million out of pocket tied up in renovations. 

 

Logistically, moving to London is just downright stupid.  Whether you're talking about the way the salary cap would have to be adjusted in order to account for a 50% tax rate, or the fact that having a team in London would be a nightmare for visiting teams, and for the home team when traveling, the odds of a team actually winding up in London is slim to none. 

Quote:im not worried, im just making the argument that it's possible.  especially when you consider all the expenses that have, without a doubt, been significant.

 

I don't think it would be as difficult to show a loss as you might think.  Eliminate the shared revenue that Jacksonville contributes very little to, and its not making much.  London would be their only savior... assuming they don't want to just move there.  Then you would have a London vs Jacksonville case which we would lose.

 

Dude, do you even go to games? The stadium has been full every week up until now. There were plenty of people there, they left and were inside. You sound stupid. Jacksonville is stable, stop trolling.

Quote:The fans didn't show up in the 2nd half so the team didn't either...

 

 

Trolling at It's Best...


As I was seated within the stadium, the only time that the fans retreated was to purchase blankets and Ponchos (Cold n Rain) as I did. The Concourse was full of fans that were watching the game High n Dry to say the least...


Nh3...

That's simply not true. It doesn't matter if a business pays cash or finances a purchase, it's still an expense. What you're talking about is a balance sheet entry, not a profit and loss statement.

 

Regards..................the Chiefjag

Quote:The fans didn't show up in the 2nd half so the team didn't either...

 

 

Trolling at It's Best...


As I was seated within the stadium, the only time that the fans retreated was to purchase blankets and Ponchos (Cold n Rain) as I did. The Concourse was full of fans that were watching the game High n Dry to say the least...


Nh3...

Quote:Is it enough though?

It's more than the past SEVERAL Years and continues to grow...


So you tell me, is it enough as We continue to grow?


NH3...

Quote:That's simply not true. It doesn't matter if a business pays cash or finances a purchase, it's still an expense. What you're talking about is a balance sheet entry, not a profit and loss statement.

 

Regards..................the Chiefjag

I realized that after I wrote it and edited the statement. Either way the depreciation wouldn't be a large yearly expense for the jags compared to other expenses.

This topic made me remember what it was like to think about the playoffs.  Seems like it has been a decade since we won a home playoff game. 

If this year has shown nothing else, it's that Jacksonville has once and for all proven that it can support an NFL franchise, even during the worst of times.  I'm about as optimistic as they come, but let's face it, watching this team over the past few seasons is like watching a seal get clubbed.   Anything over 60k is amazing.

 

The fans are to be commended for their outstanding support. 

Quote:If this year has shown nothing else, it's that Jacksonville has once and for all proven that it can support an NFL franchise, even during the worst of times.  I'm about as optimistic as they come, but let's face it, watching this team over the past few seasons is like watching a seal get clubbed.   Anything over 60k is amazing.

 

The fans are to be commended for their outstanding support. 

I second this!!  Jags fans are the most loyal in the NFL - no doubt.