Vikings 49ers And Falcons Could Be Mo...

Vikings 49ers And Falcons Could Be Money Winners

Posted in the Minneapolis Forum

DSM Local

Ankeny, IA

#1 Dec 31, 2012
NFL Playoffs: Vikings, 49ers And Falcons Could Be Money Winners
The road to the Super Bowl can cost a team more money than it generates given the additional expenses and the way the NFL divvies up revenue. But for teams that are going to get new stadiums, winning a title at the right time can mean a lot more revenue when their new place opens up from premium seating and sponsorships.
Just look at the New England Patriots, whose timing of their first championship in February, 2002 and the anointing of quarterback Tom Brady as a superstar couldn’t have been better. The team moved into what is now called Gillette Stadium seven months later and command among the NFL’s top prices for tickets, luxury suites and advertising and are now the second most valuable team in the league, worth $1.64 billion. Yes, it certainly has helped that the Patriots also won the Lombardi Trophy following the 2003 and 2004 seasons. But team President Jonathan Kraft told me that first title was key in terms of opening up opportunities with sponsors.
To a lesser extent, the New York Giants, who have won two Super Bowls the past five years, have followed the same formula at the Patriots. The Giants have been able to rake in much more money from personal seat licenses at MetLife Stadium than do the dismal Jets, with whom they share the building that opened in 2010.
Among this year’s playoff teams, the Vikings, 49ers and Falcons are each expected to move into new stadiums over the next few years. San Francisco broke ground on their $1.2 billion project in Santa Clara earlier this year, the Vikings are expected to begin their $975 million stadium in October, and the Falcons have had plans approved for a $1 billion stadium for that would be ready for the 2017 season.
Of the three teams, the 49ers and Falcons have the most on the line because, like the Patriots, their stadiums would be privately financed by the teams. Most of the money for the Vikings new stadium is coming from taxpayers.
DSM Local

Ankeny, IA

#2 Dec 31, 2012

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Minneapolis Discussions

Title Updated Last By Comments
News Global warming 'undeniable,' scientists say (Jul '10) 34 min WHAT 37,484
Man-turned-woman convicted of restroom sex assa... 1 hr LVPD is Incompetent 5
WhiteTrash NFL Fans 1 hr Davycrockett 16
Ebony Star Famlies 1 hr The Elk Hunter 1
Black Eye For The FBI! 17 hr Davycrockett 7
Davycrockett Trash 20 hr Space ace 9
Fallen soldier’s mother: ‘Trump did disrespect ... Thu Davycrockett 9

Minneapolis Jobs

More from around the web

Personal Finance

Minneapolis Mortgages