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Business For Pleasure of Sport Franchise Ownership

admin — Wed, 05 May 2010 09:46:17 +0000

We might be in the electronic gaming era, but it’s more like a fun game of Monopoly this business for pleasure of sport franchise ownership. The stakes are high, spending free, and visible worries few.

Despite the escalating fees for entry into the game, personal franchise ownership hasn’t been replaced by corporations. Of 121 big league professional sports franchises, only 15 have found their way into corporate hands. Most owners claim to be losing money which would explain takeover shyness of shareholder controlled companies. It’s nicer to think sole owners don’t want to sell because sports ownership is too much fun. A nice break from the normal business routine that brought them their wealth in the first place.

What are these businesses worth?

Unlike traditional industry, sport franchises derive their value from their ability to generate revenue. There are several reasons for this. Within a league, other owners are not the competition. Operating expenses are comparable one team to another. Revenues tend to move in relation to on field performance, the size of the venue, and home market size. Sharing in lucrative national broadcast rights is equal across an entire league.

Depending upon the sport, estimated values vary considerably but, within a given league and except for a few exceptions, franchise values are fairly closely grouped.

NFL franchises are greatest in value, topped by Washington Redskins, the first sport franchise in America to exceed $1 billion in value. Football is so far ahead of other sports, of the 33 top franchises, 32 are football. Only the Yankees, interrupt the string. Still, the lowest valued NFL team, Arizona Cardinals, is a tidy half billion.

Los Angeles Lakers, the jewel of the NBA are worth $500 million, putting them in a bracket more or less similar to the Dodgers and Mets of MLB. You could trade the top 8 NFL teams to acquire the entire NBA. That works out to something like $7.6 billion.

The first NHL team is well down the list at $270 million for the Detroit Red Wings but, that’s still $15 million more than the Tigers. In fact, the 2 to 300 million range represents the most common price tag in sports. There’s a good mix of 40 NHL, NBA, and MLB teams all in that grouping.

The truth is that anything, sports franchise or otherwise, is only worth what someone is willing to pay for it. The allure of sport team ownership is the true value.

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At A Lucky Table of Poker

admin — Mon, 07 Dec 2009 05:57:56 +0000

I wonder if I could beat some good scores this time. I need to get better level on this poker game so that I could meet my brother at a lucky table of poker at a higher level. I envy on what my brother told me about how he talked virtually to some international poker stars during a poker game. He even gets the star email address and gets some original autographs complete with signatures.

Being stunned before my laptop in my rent room, I sigh deeply after knowing that I could not pass to the next level of this poker game. Oh my. I guess it is not my luck to meet my favorite poker star at a lucky table. Well, that is ok; I’d rather get back to the Online Poker Gambling Index to find out whether there is another table I could join in for the time being with a hope that I could restart building another new career to get higher levels.

I think my luck has changed in this new round; I play for several time and I end up with a titan poker bonus! Wow! It’s really fantastic! I have never thought about this before and I really feel glad as well as proud to know that my account increases really fast. I don’t know if my brother has ever got this kind of bonus but I am sure I don’t have to envy on him anymore. Maybe his luck is to meet some stars at gambling games and my luck is on getting big bonuses. Yap, this is finally telling me that everyone goes with his own luck and destiny. Again, I don’t have to be jealous with my brother. Sorry brother…

The Thought of an Online Casino

admin — Mon, 07 Dec 2009 05:45:43 +0000

Well, I am not sure, but I will think about it at later this evening and I need my best friend to be there. It is something that I have never done before. My thought of an online casino is that off a gambling place that is just for wasting money. Nobody has ever told me about this anyway, yet since my childhood I have never wished deal with what a so called casino games. Hence I need him cool me down when I am mistaken. Just wait and see this night.

He sits beside me when I am starting to get connected to one of the us online casinos. Then he leads me to click the register button on the display. Within second, a nice web menu comes up and gives me some options to choose. He again tells me to click one of the choices there and to answer some questions. For a while, I get hesitated to transfer some money in my bank account because this is what I have been considering and re-considering for long time. Yet, shortly, I have transferred some money into my newly-made account in the online casino and I am now facing a kind of slot machine on my PC monitor.

There are a lot of sparkling lights and colorful parts of the machine that makes me interested to click my mouse here and there. I understand how to play this kind of game and at once I click the slot part to insert a coin whish is apparently taken from my account to start the game. Afterward, I hold my mouse on the handle on the right side of the machine and the handle follows when the mouse moves down.

When I think I am ready to release the button, the handle returns to its straight position pretty fast and the five images in row start to roll up to finally stop one after another. In the end of the roll, I find that three images in row are the same and it means that I win some extra coins from the machine. Wow! This is great! I am so glad to win at the first time I play on this gambling machine. I win several coins and they are directly added into my account. Nice….!

Drawn Into a Casino

admin — Sat, 05 Dec 2009 15:16:15 +0000

I have been waiting quite a long time after 10 minutes I called my best friend, but there is no sign of another party joining in this game, I wonder. He said that he was at home but offline for the moment, and then he promised me to get online within second. He usually gets online before I do, and actually we promised to get the online casinos Candinavia this evening. He told me about this online gambling and I was drawn into any casino games after all.

I have been joining online casino games quite new, different from my best friend who has always been online at any gambling sites for more than 5 years so far. His name is registered in many online casino sites and he always enjoys playing at any site he visits, no matter whether he will lose. First game I tried to play online was casino slots and I took around 4 hours just to bet my luck. In the end, and probably because I was such a freshman, I got even on my account – nothing I won and nothing I lost.

As I told him, this evening I am planning to register myself at some new online casino games – casinoscandinavia sites in which I am already interested and know much. Yes, from the beginning he told and showed me, these online Candinavian online casino games are what I only know. Other Candinavian sites are apparently similar to the ones I have been registered in. I am curious more about other sites from other countries. Perhaps, some other time, I shall try my luck on other online casino sites; or even go to Candinavia to visit the real casino, just maybe.

Online Site for Gambling

admin — Sat, 05 Dec 2009 12:50:57 +0000

Nothing I have to do this evening so I decide to visit an online site for gambling. It is always my favorite things to do during my day off or when there is no more activity I ought to accomplish at the time around. I like seeing people playing some casino games and it has made me curious to try. Then at this online site I could find out how it feels when playing the games and I also could try my luck.

As usual, after logging in, I am encountered with several choices of games I wish to play. From many choices on display, I prefer playing online slots because this kind of game does not need too much and deep thoughts from the player; we just put a coin into the available slot and get started to pull the stick on the right or a start button when there is no stick available on the virtual machine. When the stick is pull, we just then hope to see some similar images on the bar when rolling up or down stops. When more than three images come up in row, this is the art of the game as well as the luck of the player.

Another casino games I like is online roulette, though the real roulette looks more interesting to play. I mean that not at the point of the way we play the game; it is more at the situation around. With real people surrounding us, the game will look more intensely and lively, and almost everyone playing at this table would show their original characters. It is funny when seeing someone bluffs too much when he gets luck or a person blames himself when he loses. But in the end, both online casinos and physical ones are apparently end up in giving us entertainment service and grant us with a lot of prizes and bonuses.