Att all Walmart Shoppers, er Bronco fans..
Walmart heir Rob Walton will buy the Denver Broncos with a winning bid of $4.5 billion, per @Forbes
— Bleacher Report (@BleacherReport) June 6, 2022
It will be the most expensive sale of any sports franchise pic.twitter.com/mrYd1ycEpn
Hurry-up Vikings, we ain't getting any younger!
Yikes. They didn't mention that in their last Christmas card.
In 2005, the Wilfs paid $600mm for the Vikings...
Value today?
https://www.statista.com/statistics/194480/franchise-value-of-the-minnesota-vikings-since-2006/
I will say tho, he has spent his money in worse ways.
- Broncos' sale price would be the highest ever for an America sports team. With a price tag of $4.5 billion, the sale of the Broncos would smash the American record for most money ever paid for a sports team in the U.S. The record is currently held by the Nets, who sold for $2.35 billion in August 2019. The Broncos selling price would also double the price of the most expensive NFL team ever sold, which came in 2018 when David Tepper bought the Carolina Panthers for $2.275 billion.
- Walton will become the richest owner in the NFL. According to Forbes, Walton has a net worth of $59.6 billion, which makes him one of the 20 richest people in the WORLD. Once the purchase is finalized, not only would Walton instantly become the NFL's richest owner, but he'd have a higher net worth than the NFL's six richest owners COMBINED. Panthers owner David Tepper currently has the highest net worth in the NFL at $16.7 billion.
- One Walmart heir is already indirectly involved with NFL ownership. Rob Walton's cousin, Ann Walton Kroenke, is the husband of Rams owner Stan Kroenke. If you're wondering about the family tree there, Rob is the son of Walmart founder Sam Walton, who is Ann's uncle. Ann's father, Bud, was Sam's brother and a co-founder of Walmart.
https://www.cbssports.com/nfl/news/walmart-heir-expected-to-win-bidding-for-broncos-plus-a-former-mvp-could-be-first-qb-to-lose-to-every-team/
Always thought that if I won the lottery--the big lottery--I'd buy the Vikings. How much fun would that be? I guess I have to buy a lottery ticket first. I'm about 4.49 billion short.
The TV/streaming media contracts have made the NFL franchises incredibly valuable assets. The ability to ala carte, segment and position the content for sale (Thursday night, Sunday night, Monday night, Thanksgiving, etc.) continues to add value.
@"StickyBun" said: The TV/streaming media contracts have made the NFL franchises incredibly valuable assets. The ability to ala carte, segment and position the content for sale (Thursday night, Sunday night, Monday night, Thanksgiving, etc.) continues to add value.
And once they realize how much more money they can make by making every game available for purchase ala carte? I think Amazon is the right model here, not Netflix.
@"purplefaithful" said: In 2005, the Wilfs paid $600mm for the Vikings...Value today?
https://www.statista.com/statistics/194480/franchise-value-of-the-minnesota-vikings-since-2006/
Quite the return on investment. The Twin Cities area has a lot going for it, I believe its either the 16th or 17th largest TV audience in the nation. Diverse. Fairly progressive. I'm a fan of Minneapolis the town.
@"StickyBun" said:@"purplefaithful" said: In 2005, the Wilfs paid $600mm for the Vikings...Value today?
https://www.statista.com/statistics/194480/franchise-value-of-the-minnesota-vikings-since-2006/
Quite the return on investment. The Twin Cities area has a lot going for it, I believe its either the 16th or 17th largest TV audience in the nation. Diverse. Fairly progressive. I'm a fan of Minneapolis the town.
You say progressive like it's a good thing....
@"MaroonBells" said:@"StickyBun" said: The TV/streaming media contracts have made the NFL franchises incredibly valuable assets. The ability to ala carte, segment and position the content for sale (Thursday night, Sunday night, Monday night, Thanksgiving, etc.) continues to add value.
And once they realize how much more money they can make by making every game available for purchase ala carte? I think Amazon is the right model here, not Netflix.This is inevitable imo...The owners just aren't woke to it yet. Too busy counting their current contractual $$$.
Once the networks and NFL do the calculus and see how much they can make streaming these games?
NFL season tix on satellite will one day seem archaic.
@"StickyBun" said:@"purplefaithful" said: In 2005, the Wilfs paid $600mm for the Vikings...Value today?
https://www.statista.com/statistics/194480/franchise-value-of-the-minnesota-vikings-since-2006/
Quite the return on investment. The Twin Cities area has a lot going for it, I believe its either the 16th or 17th largest TV audience in the nation. Diverse. Fairly progressive. I'm a fan of Minneapolis the town.
Like any other metropolis, it's got its +/- for sure. The state has gotten much more polarized, which is sad.There is still MN nice, but it aint what it used to be.
Its lovely here right now, its just enduring the 11 mos of winter thats gotten old. Might as well be in Canada lol!
@"purplefaithful" said:@"StickyBun" said:@"purplefaithful" said: In 2005, the Wilfs paid $600mm for the Vikings...Value today?
https://www.statista.com/statistics/194480/franchise-value-of-the-minnesota-vikings-since-2006/
Quite the return on investment. The Twin Cities area has a lot going for it, I believe its either the 16th or 17th largest TV audience in the nation. Diverse. Fairly progressive. I'm a fan of Minneapolis the town.
Like any other metropolis, it's got its +/- for sure. The state has gotten much more polarized, which is sad.There is still MN nice, but it aint what it used to be.
Its lovely here right now, its just enduring the 11 mos of winter thats gotten old. Might as well be in Canada lol!
Interesting observation PF! You live in the TC? I visit family in southern Minnesota just about every year and Minnesota Nice prevails in these rural communities. Makes me feel like I'm "home". Idaho has a similar friendly environment in the rural areas and in our smallish cities.
@"IDVikingfan" said:@"purplefaithful" said:@"StickyBun" said:@"purplefaithful" said: In 2005, the Wilfs paid $600mm for the Vikings...Value today?
https://www.statista.com/statistics/194480/franchise-value-of-the-minnesota-vikings-since-2006/
Quite the return on investment. The Twin Cities area has a lot going for it, I believe its either the 16th or 17th largest TV audience in the nation. Diverse. Fairly progressive. I'm a fan of Minneapolis the town.
Like any other metropolis, it's got its +/- for sure. The state has gotten much more polarized, which is sad.There is still MN nice, but it aint what it used to be.
Its lovely here right now, its just enduring the 11 mos of winter thats gotten old. Might as well be in Canada lol!
Interesting observation PF! You live in the TC? I visit family in southern Minnesota just about every year and Minnesota Nice prevails in these rural communities. Makes me feel like I'm "home". Idaho has a similar friendly environment in the rural areas and in our smallish cities.
Im in Hennepin County - about 25 minutes NW of Mpls. And I am in no way a spokesperson for all things Minnesotan.I think as long as people steer clear of politics, life can be good. Thats probably not just a MN thing though these days. I am doubling down on listening and trying to move away from being angry/so often with the political divide and differences of opinion.
MN has the reputation for friendly and its (for the most part) deserved. But there is also a VERY passive aggressive side to the MN culture too. Transplants can tell you all about it. You'll run across it in business as well as little league for the kiddo's.
@"purplefaithful" said:@"IDVikingfan" said:@"purplefaithful" said:@"StickyBun" said:@"purplefaithful" said: In 2005, the Wilfs paid $600mm for the Vikings...Value today?
https://www.statista.com/statistics/194480/franchise-value-of-the-minnesota-vikings-since-2006/
Quite the return on investment. The Twin Cities area has a lot going for it, I believe its either the 16th or 17th largest TV audience in the nation. Diverse. Fairly progressive. I'm a fan of Minneapolis the town.
Like any other metropolis, it's got its +/- for sure. The state has gotten much more polarized, which is sad.There is still MN nice, but it aint what it used to be.
Its lovely here right now, its just enduring the 11 mos of winter thats gotten old. Might as well be in Canada lol!
Interesting observation PF! You live in the TC? I visit family in southern Minnesota just about every year and Minnesota Nice prevails in these rural communities. Makes me feel like I'm "home". Idaho has a similar friendly environment in the rural areas and in our smallish cities.
Im in Hennepin County - about 25 minutes NW of Mpls. And I am in no way a spokesperson for all things Minnesotan.I think as long as people steer clear of politics, life can be good. Thats probably not just a MN thing though these days. I am doubling down on listening and trying to move away from being angry/so often with the political divide and differences of opinion.
MN has the reputation for friendly and its (for the most part) deserved. But there is also a VERY passive aggressive side to the MN culture too. Transplants can tell you all about it. You'll run across it in business as well as little league for the kiddo's.
That has nothing to do with MN. That is just parents with too little self worth trying to live out their dreams.
@"greediron" said:@"purplefaithful" said:@"IDVikingfan" said:@"purplefaithful" said:@"StickyBun" said:@"purplefaithful" said: In 2005, the Wilfs paid $600mm for the Vikings...Value today?
https://www.statista.com/statistics/194480/franchise-value-of-the-minnesota-vikings-since-2006/
Quite the return on investment. The Twin Cities area has a lot going for it, I believe its either the 16th or 17th largest TV audience in the nation. Diverse. Fairly progressive. I'm a fan of Minneapolis the town.
Like any other metropolis, it's got its +/- for sure. The state has gotten much more polarized, which is sad.There is still MN nice, but it aint what it used to be.
Its lovely here right now, its just enduring the 11 mos of winter thats gotten old. Might as well be in Canada lol!
Interesting observation PF! You live in the TC? I visit family in southern Minnesota just about every year and Minnesota Nice prevails in these rural communities. Makes me feel like I'm "home". Idaho has a similar friendly environment in the rural areas and in our smallish cities.
Im in Hennepin County - about 25 minutes NW of Mpls. And I am in no way a spokesperson for all things Minnesotan.I think as long as people steer clear of politics, life can be good. Thats probably not just a MN thing though these days. I am doubling down on listening and trying to move away from being angry/so often with the political divide and differences of opinion.
MN has the reputation for friendly and its (for the most part) deserved. But there is also a VERY passive aggressive side to the MN culture too. Transplants can tell you all about it. You'll run across it in business as well as little league for the kiddo's.
That has nothing to do with MN. That is just parents with too little self worth trying to live out their dreams.
Yep.
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