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Forbes updated value on Jazz

vegas

Well-Known Member
https://www.forbes.com/teams/utah-jazz/
The page has tons of interesting stuff I have always wondered about

$875 Mil (20th)


Owner: Gail Miller
$24 mil - Price pd
$146 mil - Revenue (Net of arena revenues used for debt payments.)
$27.5 mil - operating income (Earnings before interest, taxes, depreciation and amortization.)
9% Debt/value (Includes arena debts.) Does this mean they have $78 mil in debt? I assumed everything was bought and paid for.
$36 mil - Gate reciepts (Includes club seats.) Does this mean gross ticket sales? Does the other $110 mil come from TV, the fanzz store and profit sharing?

$91 mil - cost to build arena
$15 mil - cost of new jumbotron
$46 - avg ticket price

Says Jazz lost $3.9 mil in 2011 and $16.4 mil in 2012. Peaked last year at $32.7 mil operating income.

Jody G tweeted this in response to whether the Millers would sell.

Here's the other teams:
https://www.forbes.com/nba-valuations/list/
Knicks #1 at $3 bil
In the GS bio it says they have 10,000 people on the season ticket waiting list
 
The jumbo tron (and stat screens and sound system) was money well spent imo.
Makes the live game experience way better imo.
 
All this talk about finances confuse me. But I'd expect the Jazz to make a solid profit with the TV deal, how expensive tickets are and the low payroll
 
The Miller's understand if they invest in the team, the fans come out and they'll make money. More big investments on the way folks....
 
I'm getting real tired of the Jazz's inability to close out games. This is what our 10h loss under 5 points?
 
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