Quote:I know how depreciation works.  However, the Jaguars are not going to be depreciating assets that they don't own.  Like I said, perhaps they depreciate the portion they paid for.  The city paid for the bulk of the improvements.

 

You are also not taking into account accelerated depreciation methods that could possibly be used for something like a video board.  So if the Jaguars are depreciating this stuff, that doesn't necessarily mean they are using the straight-line method.  I mean, who knows what the useful life of a 100 ft video board is anyway?  It's definitely not "decades" like some here assume.  The only things that have that long of a useful life are houses and office buildings.

 

Fixtures (locker room) are generally 7 years, which WOULD result in pretty significant depreciation expenses no matter what method you use.

 

The swimming pools are probably 15 years.

 

 

I wasn't implying that you don't know how depreciation works.  Obviously, you do. 

 

I think these would be leasehold improvements.   Those would be depreciable, even though they don't own them (in the sense that they cannot remove them and take them with them).   In no way do I see the $20 million for the scoreboards as an item that could be expensed all in one year.   It's not a repair. 

 

I'm not questioning your knowledge.   This is just my opinion. 

---