June 07, 2023 12:47PM | Registered: 5 years ago Posts: 9,077 Status: HOF Inductee |
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AlbaNY_Ram
Kenneth Arthur, the author of the article, apparently didn't take a close look at the chart. It does indeed show the Rams in 10th place at $318M. But the chart says it represents 3-year operating income. That does not correlate with this statement (from the article): "The Rams were valued at $318 million."
Sorry, Kenneth, but income and value aren't the same thing.
I'm pretty sure that the chart says the Rams made $318M over the last 3 years.
But the team itself is actually worth $6.2 billion. [www.forbes.com]
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Kenneth Arthur
At $318,000,000, the Rams must owe part of their value to hosting games in Los Angeles at one of the most high-tech, state-of-the-art venues in the world. Winning a Super Bowl didn’t hurt, but as the Knicks and Giants can attest to, “location, location, location” matters more.
Subject | Author | Views | Posted |
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L.A. Rams still one of the 10 most-profitable sports teams in the world | BerendsenRam | 164 | June 07, 2023 10:32AM |
Re: L.A. Rams still one of the 10 most-profitable sports teams in the world | Rampage2K- | 56 | June 07, 2023 12:03PM |
Re: Kenneth Arthur doesn't understand the chart. | AlbaNY_Ram | 94 | June 07, 2023 12:36PM |
Not a finance major, is he? | JimYoungblood53 | 51 | June 07, 2023 12:47PM |