Category Archives: Sports Finance

Deadbeat Jeets is the worse owner since Jeffrey Loria

 

DeadBeat Jeets. A nickname thats gaining some popularity with in the Miami Marlins fan base. I recently wrote a blog post on why Derek Jeter would have a rough start at the beginning of his tenure as an owner of the Marlins, that  can be found here here. However, what I did not foresee at the time of writing my blog post was Jeter’s inept management skills.  In his early career of being an owning partner of a professional team, he has already had some mismanagement events that already has already made a lot of the fans raise an eyebrow.  Here are Jeter’s highlights as an owner so far.

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Why the Miami Marlins will start of shaky after the Derek Jeter deal.

Picture this, you are selling your private practice and have lined up potential suitors who are willing to buy it.  One potential buyer lives in the neighborhood so is familiar with the surrounding area, has a great network of local vendors and other business owners.  They also have the money available now and have agreed upon the cost of the sale.  Another potential investor is not from the area, does not have any major business experience and does not have the available cash to purchase the company and would need to gather funding from other people.  The best choice would be to sell the company to the first investor, right? Not if the second investor is named Derek Jeter. Continue reading

Dollars Per Win ratio for the NBA 2017-2018 season

In the investment world, financial ratios are used to determine if you’re paying to much for business or stock. To name a few there’s the quick ratio, debt to equity ratio and price to earning ratio. When calculated, these ratios show a number that may fall within a set range depending on the industry and the company’s peers. Investors and owners then use these numbers as metrics to gauge the business’s worth and health. Lets use the same framework and apply it the NBA, we call this Dollars Per Win.

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