The Kansas City Chiefs owner bought the team for $25,000 and it's now worth $2–3 billion. NFL teams typically appreciate 15–20% annually, making them some of the best investments ever. The Philadelphia Eagles owner paid $185 million and now holds a $2.5–3 billion asset.
The Chiefs owner story, he paid $25K for the team. It's now worth something between $2 and $3 billion, which is fantastic investment. The Eagles guy bought it for $185 million, now worth also about $2.5, $3 billion. You hear these crazy stories, oh, he bought the team for $200 grand and now it's worth $3 billion. It's like, yeah, but he did it 42 years ago or whatever. And so the math, when I was calculating these for most of the teams, it's just 15 to 20% annual appreciation compounding.
