ST Alpha - "even better, they're worth about $1.6 billion today....nm" (Reading a Post)

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In response to "Steinbrenner bought the Yankees in 1973 for 8.7 million" by amoxy

even better, they're worth about $1.6 billion today....nm

Posted by x (aka dmuck) Jul 13 '10, 09:39

now that's an investment

Responses:

on paper. i wonder if they would actually command that price at market - chuckles Jul 13, 09:42 8
- how much would you pay for the US Mint? -- nm - Reagen Jul 13, 09:45 1
  - Nothing - if someone was trying to sell it to me, I'd be pretty suspicious that it was stolen. -- nm - Beryllium Jul 13, 10:05
- [deleted]
- If anything, they would sell for more. -- nm - David Jul 13, 09:43 1
  - yeah, seems low to me as well. but it's the number that's getting tossed around... - x Jul 13, 09:46
- If the Yanks went on the market, I'm sure 1.6bil is the least it'd fetch - Will Hunting Jul 13, 09:43 2
  - I believe the value of YES is included in the 1.6B valuation. - musubi Jul 13, 09:45 1
    - Yeah....they generate like 400mil in revenue a year. -- nm - Will Hunting Jul 13, 09:46
184x return on investment. -- nm - Beaker Jul 13, 09:40
PPDM! (nm) - musubi Jul 13, 09:39 2
- it does when you can cash in your chips like that....nm - x Jul 13, 09:40 1
  - but he's *dead* -- nm - Max Jul 13, 09:41

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