| Forbes Magazine Calls Bills The Most Troubled Franchise In The NFL | | |
Forbes magazine estimated the Bills are worth $805 million, up 2 percent from a year ago. Their value ranked 29th in the league, same as last year, breaking a streak of three straight years they slipped down the chart. The teams below them are the Oakland Raiders, St. Louis Rams and Jacksonville Jaguars.
Tim Graham of the Buffalo News reports that Forbes considers the Bills the most troubled franchise in the NFL. Forbes wrote, "In both 2010 and 2011 the team had three games blacked out on local television because it could not sell out Ralph Wilson Stadium 72 hours before kickoff. The small-market team, one of the league's hottest tickets 20 years ago, has trouble getting fans to come to Ralph Wilson Stadium despite the second-lowest ticket price ($59) in the NFL last season. Fortunately, the Bills are subsidized $7 million a year by county and state taxpayers for stadium operating and capital improvement costs. The team's lease expires after this season, and the Bills want taxpayers to pay for $200 million to $250 million in stadium upgrades as part of the teams next lease. The state is considering issuing 30-year bonds to finance the renovation."
Source: The Redzone
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