Wednesday, June 19, 2013
Wednesday, June 19, 2013

Yawn: Lurie a billionaire

Jeffrey Lurie is a billionaire.

32 comments

Yawn: Lurie a billionaire

POSTED: Wednesday, March 11, 2009, 7:10 PM
(david maialetti)

Jeffrey Lurie is a billionaire.

Yawn.

This is not news, even if Forbes magazine puts his name on a list. We have all known for a while that the Eagles are worth somewhere north of $1 billion. Given the prices of sports franchises -- given reporting/guesstimating done by Forbes itself over the last couple of years -- this has been pretty well established (although, to be fair, it really ain't worth a billion until somebody says they're willing to pay that  much).

Truth in blogging here: the only surer way in Philadelphia to get hits on your website -- surer than doing the rich-scoundrels thing about the Eagles -- is to post pictures of big-breasted women accused of felonies. (Or misdemeanors.) But I'm not going  there today because it has nothing to do with anything. It is not the reason that Brian Dawkins isn't here anymore, for example.

Because the reason Lurie is a billionaire is impeccable genetics and...you.

The reason Lurie is a billionaire is because he inherited the money it took to buy the franchise in the first place and because the NFL has exploded in the last 15 years as an entertainment entity and because the City of Philadelphia and the Commonwealth of Pennsylvania agreed to kick in a significant portion of the money it took to build a new stadium and  because you and you and you promptly agreed not only to pay increased prices at  the new palace but also to buy up every available ticket -- and tens of thousands of you put your names on a waiting  list as well.

The Eagles are bulletproof. The owner  is a billionaire.

You are the reason.

To begrudge him the money is a waste of time and breath. He is a rich guy and he took a rich guy's risk and the thing has worked out in an enormous way. Word was, when Lurie bought the team from Norman Braman for about $195 million, that people laughed behind Lurie's back that he paid too much. Now the thing has quintupled in value and, well, nobody's laughing now.

So, now we know that Lurie and sports owners are wealthy people.

Yawn.

32 comments
Comments  (32)
  • 0 like this / 0 don't   •   Posted 8:21 AM, 03/12/2009
    I like Jeff Lurie. I think he's done a very good job as owner. He's a heck of a lot better than Norman Brahman(sp) and Leonard Tose and 2/3 of the other current NFL owners.
    tommy_the_k
  • 0 like this / 0 don't   •   Posted 8:49 AM, 03/12/2009
    Agreed, Ed Snider wheeled and dealed yrs. ago to own the Flyers, etc. and didn't stop. He's spent money over & over to make them a great franchise...w/ot tapping grandpop's bank. Don't begrudge Lurie's LUCK but it'd be nice if he'd do some nice things for schools, PAY THE DEBT to the city, help some organizations in MEANINGFUL ways... It bugs me when he says the Eagles organization has contributed blah blah blah. WRITE A COUPLE PERSONAL checks to some needy people!!!!
    stoneman
  • 0 like this / 0 don't   •   Posted 9:46 AM, 03/12/2009
    other cities have built stadiums, and sold tickets and owners enjoyed the increase in value of their teams over the last decade HOWEVER, they still suck. Lurie has done better than most other current owners and better than ALL Eagles owners. His teams have been successful and remain successful over the entire period. PERIOD. Remembewr Pete Liske and 1972!
    robinlupe
  • 0 like this / 0 don't   •   Posted 9:50 AM, 03/12/2009
    PAY UP Mr. Billionaire! The kids in Philly need their swimming pools and libraries. PAY YOUR BILLS!
    maude
  • 0 like this / 0 don't   •   Posted 10:04 AM, 03/12/2009
    Quite a few people are worth the money and some aren't. It's your choice.
    petr
  • 0 like this / 0 don't   •   Posted 11:35 AM, 03/12/2009
    So if Lurie is a Billionaire and the Ealges are $40 Mil under the cap and there is no cap next year, and Dawk signed a 2 year deal, and tra only signed for 3 years, why again didn't we sign them? I don't really care what the Eagles dollar figure the Ealges think those players are worth. It's undeniable they are good players. The cap is not an issue this year, we're miles under it.....There is no cap next year. By the time there might be a cap again, those players are gone anyway.... Why are we not resigning them AND bringing their replacements in this year, stockpiling as much talent as possible for a run at the title. Do they really want to win? I'm honestly not sure. I' convinced on some wall in the front offices there is a plaque given to the administrator who is able to accomplish the most wiht the least resources, and Andy and joe banner are trying desperately to win that trophy instead of the Lombardi.
    gee1971
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  • 0 like this / 0 don't   •   Posted 11:51 PM, 03/12/2009
    Posted by Air Force One 07:34 AM, 03/12/2009 I'm a "Hundredaire" and proud of it! I am a thoudsandaire but probably not for much longer. How to Remove Genital Warts
    chrisjones
  • 0 like this / 0 don't   •   Posted 7:43 AM, 03/13/2009
    ...and YOU Rich! And your employer, Rich! Yopu could say, "enough is enough". And restrict coverage until the Eagles done things the way YOU think they should! Lurie's money has very little to do with the Eagles state of affairs and more importantly, the way they operate the franchise. This isn't baseball. There is a cap. Personally, I admire the man for being able to attain that plateau in the economic climate over the past 2 years. Go Birds! I'm thirsty. Does anyone know where the Kool-Aid is?
    wingguy
  • 0 like this / 0 don't   •   Posted 11:58 AM, 03/13/2009
    I'm rich with baloney sandwiches. They taste good.
    dowens1617
  • 0 like this / 0 don't   •   Posted 9:45 PM, 03/13/2009
    Shouldn't we expect better reporting from Rich Hoffman...or is this all he is capable of?
    amblereagles
  • 0 like this / 0 don't   •   Posted 11:38 PM, 03/14/2009
    So everyone should keep wasting their money on all things Eagles so that Lurie can move up on the list while you get to see also-ran teams year after year.
  • 0 like this / 0 don't   •   Posted 2:10 PM, 03/15/2009
    no ones ever commented on this. i was a season ticket holder from 59 thru 71 (some ugly teams) and i remember fans use to sign "fight eagles fight" not fly eagles fly. any truth to this? i believe laurie changed the words when he bought the team.
    JACK V
  • 0 like this / 0 don't   •   Posted 2:11 PM, 03/15/2009
    no ones ever commented on this. i was a season ticket holder from 59 thru 71 (some ugly teams) and i remember fans use to sign "fight eagles fight" not fly eagles fly. any truth to this? i believe laurie changed the words when he bought the team. SORRY MEANT TO TYPE 'SING'.
    JACK V


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About this blog
Rich Hofmann arrived at the Daily News in 1980 for a job whose status was officially designated as "full-time, temporary." A senior at Penn at the time, he was hired to fill in on the copy desk during a staff illness. The notion of him covering the Eagles or being a columnist did not exist in anyone's imagination. It was supposed to be six weeks and out, but he never left. It is only one of the reasons why so many people have concerns about him as a potential house guest. Rich has blogged the postseasons of the Flyers and Eagles. E-mail Rich at hofmanr@phillynews.com Reach Rich at hofmanr@phillynews.com.

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