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OT: Kelce buying the Mets??
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Captain Bearcat Offline
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OT: Kelce buying the Mets??
https://www.espn.com/mlb/story/_/id/2945...d-buy-mets

Quote:Hall of Fame linebacker Brian Urlacher, Super Bowl champion Travis Kelce and 2014 NFL Offensive Player of the Year DeMarco Murray are part of a group of investors who have joined power couple Jennifer Lopez and Alex Rodriguez in a bid to buy the New York Mets.
 
07-13-2020 02:12 PM
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Lush Offline
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RE: OT: Kelce buying the Mets??
maybe it's a wacky new sitcom?
 
07-13-2020 02:19 PM
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cpawstoney Offline
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RE: OT: Kelce buying the Mets??
(07-13-2020 02:19 PM)Lush Wrote:  maybe it's a wacky new sitcom?

03-lmfao03-lmfao
 
07-13-2020 05:38 PM
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BearcatMan Offline
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RE: OT: Kelce buying the Mets??
Even though it's a in a dying sport with a diminishing return, it's still a great investment opportunity for a team in a major market. Smart move.
 
07-14-2020 08:26 AM
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RealDeal Offline
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RE: OT: Kelce buying the Mets??
(07-14-2020 08:26 AM)BearcatMan Wrote:  Even though it's a in a dying sport with a diminishing return, it's still a great investment opportunity for a team in a major market. Smart move.
NFL TE isn't one of the most lucrative positions in sport even for an all pro. Even if he emptied his bank account he would still be a very small minority owner of a billion dollar business. Sports franchises have traditionally gained value faster than the overall economy so it's a good investment but his involvement is most likely to add prestige to the bid by attaching the names of current star athletes.
 
07-14-2020 09:42 AM
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Bear Catlett Offline
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RE: OT: Kelce buying the Mets??
J-Lo will most certainly be calling the shots.

Soon the Mets will have bare midriff jerseys and floral pattern pants.
 
07-14-2020 09:48 AM
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chatcat Offline
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RE: OT: Kelce buying the Mets??
(07-14-2020 09:48 AM)Bear Catlett Wrote:  J-Lo will most certainly be calling the shots.

Soon the Mets will have bare midriff jerseys and floral pattern pants.

And perform at the Super Bowl half time show.
 
07-14-2020 10:43 AM
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Captain Bearcat Offline
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RE: OT: Kelce buying the Mets??
(07-14-2020 08:26 AM)BearcatMan Wrote:  Even though it's a in a dying sport with a diminishing return, it's still a great investment opportunity for a team in a major market. Smart move.


Youth baseball participation is up 5% in the last 2 years, more than any other sport except Rugby.

https://blog.leagueapps.com/baseball-and...-the-rise/

MLB is the 2nd highest revenue sports league in the world, still dwarfing #3 (NBA) and #4 (English Premiere League).

MLB tv ratings were up in 2019 on all three national broadcast networks, and MLB's regional networks ranked No. 1 in primetime cable in 24 of the 25 MLB markets in the USA. Also, MLB is the most aggressive pro league in moving into digital broadcasts.

https://www.mlb.com/news/mlb-increased-v...ce-in-2019


You sound like the guy who didn't want to invest in a rifle factory just because the tank was invented.

In fact, the sport I'd avoid as an investor is football. Youth participation is down 6% in the last 2 years alone. 6-12 year old participation is down 30% over the last 10 years. Even high school football participation is down 10% over the last 10 years. And NFL TV ratings are still down 10% since its 2015 peak as the league has gotten embroiled in controversy after controversy.
 
07-14-2020 04:34 PM
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RedRocker Offline
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RE: OT: Kelce buying the Mets??
(07-14-2020 09:48 AM)Bear Catlett Wrote:  J-Lo will most certainly be calling the shots.

Soon the Mets will have bare midriff jerseys and floral pattern pants.

And they’ll do a cardboard cutout of her in the locker room ala Major League for “inspiration”.
 
07-14-2020 05:11 PM
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BearcatMan Offline
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RE: OT: Kelce buying the Mets??
(07-14-2020 04:34 PM)Captain Bearcat Wrote:  
(07-14-2020 08:26 AM)BearcatMan Wrote:  Even though it's a in a dying sport with a diminishing return, it's still a great investment opportunity for a team in a major market. Smart move.


Youth baseball participation is up 5% in the last 2 years, more than any other sport except Rugby.

https://blog.leagueapps.com/baseball-and...-the-rise/

MLB is the 2nd highest revenue sports league in the world, still dwarfing #3 (NBA) and #4 (English Premiere League).

MLB tv ratings were up in 2019 on all three national broadcast networks, and MLB's regional networks ranked No. 1 in primetime cable in 24 of the 25 MLB markets in the USA. Also, MLB is the most aggressive pro league in moving into digital broadcasts.

https://www.mlb.com/news/mlb-increased-v...ce-in-2019


You sound like the guy who didn't want to invest in a rifle factory just because the tank was invented.

In fact, the sport I'd avoid as an investor is football. Youth participation is down 6% in the last 2 years alone. 6-12 year old participation is down 30% over the last 10 years. Even high school football participation is down 10% over the last 10 years. And NFL TV ratings are still down 10% since its 2015 peak as the league has gotten embroiled in controversy after controversy.

Yeah, football is on the way down, but they're so high up on that mountaintop that a decline likely won't matter.

And I'm just a guy who can't watch people stand around for 4 hours a night...never been a fan of baseball, even while I was forced to play it. People are agreeing, as attendance has fallen by 2% each of the last 4 years and has declined in 8 of the last 9. The thing about the local media deals is that they're for **** pay, and with attendance going down, they're not recouping the losses...part of why the dispute between players and owners in baseball was FAR more contentious than any other sport.

More to my original point though...as far as a professional sports team is concerned, an MLB team is probably the 3rd or 4th best sports team investment behind NFL and NBA at least.
 
07-14-2020 06:51 PM
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converrl Offline
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Post: #11
RE: OT: Kelce buying the Mets??
(07-14-2020 06:51 PM)BearcatMan Wrote:  
(07-14-2020 04:34 PM)Captain Bearcat Wrote:  
(07-14-2020 08:26 AM)BearcatMan Wrote:  Even though it's a in a dying sport with a diminishing return, it's still a great investment opportunity for a team in a major market. Smart move.


Youth baseball participation is up 5% in the last 2 years, more than any other sport except Rugby.

https://blog.leagueapps.com/baseball-and...-the-rise/

MLB is the 2nd highest revenue sports league in the world, still dwarfing #3 (NBA) and #4 (English Premiere League).

MLB tv ratings were up in 2019 on all three national broadcast networks, and MLB's regional networks ranked No. 1 in primetime cable in 24 of the 25 MLB markets in the USA. Also, MLB is the most aggressive pro league in moving into digital broadcasts.

https://www.mlb.com/news/mlb-increased-v...ce-in-2019


You sound like the guy who didn't want to invest in a rifle factory just because the tank was invented.

In fact, the sport I'd avoid as an investor is football. Youth participation is down 6% in the last 2 years alone. 6-12 year old participation is down 30% over the last 10 years. Even high school football participation is down 10% over the last 10 years. And NFL TV ratings are still down 10% since its 2015 peak as the league has gotten embroiled in controversy after controversy.

Yeah, football is on the way down, but they're so high up on that mountaintop that a decline likely won't matter.

And I'm just a guy who can't watch people stand around for 4 hours a night...never been a fan of baseball, even while I was forced to play it. People are agreeing, as attendance has fallen by 2% each of the last 4 years and has declined in 8 of the last 9. The thing about the local media deals is that they're for **** pay, and with attendance going down, they're not recouping the losses...part of why the dispute between players and owners in baseball was FAR more contentious than any other sport.

More to my original point though...as far as a professional sports team is concerned, an MLB team is probably the 3rd or 4th best sports team investment behind NFL and NBA at least.

Free agency wrecked MLB...the talent was more spread out prior to Free agency...also, no salary cap. Salary cap is a major reason why the NBA still functions.
 
07-15-2020 10:58 AM
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dsquare Offline
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Post: #12
RE: OT: Kelce buying the Mets??
It's probably an LLC with a ton of limited partners. Cheap way to raise money.
 
07-15-2020 12:53 PM
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