Quote:
Originally Posted by Yogi44
But I've had many tell me that they think that Liberty would increase payroll to make it more attractive to another buyer.
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The current thinking is that the way to raise the value of a franchise is to cut payroll to the bone so that it will carry as little long term debt as possible. Personally, I think that's a ridiculous idea, as it seems the damage to the revenue stream would be a higher amount than the payroll cuts. Let's use a drastic example; Say they cut the payroll to $30 million. IMO, the combination of fewer ticket sales, fewer concessions sold during games, less total merchandise sales, and so on, would add up to more than the $50 million per annum they'd have saved on payroll.