Bad Economy hits the Redskins

[Ruhskins]

Has anyone seen this? I saw it on the local news earlier this morning and now is on ESPN.com.

Hard times: 20 Washington Redskins employees laid off - ESPN

I think Schneed should look at this part. LOL.

Salary cap analyst Jimmy Halsell also was released, along with the team's longtime director of publications and a member of the public relations department.

[44ever]

Yes seen it. I guess we can afford to keep J. Taylor now. Unbelievable. Skins are worth 1.5B right?

[Giantone]

Originally Posted by 44ever

Yes seen it. I guess we can afford to keep J. Taylor now. Unbelievable. Skins are worth 1.5B right?

Maybe on paper but not in the real world,with property values sinking fast and hard most of the Skins value is in the stadium and practice facility.This is what I meant on the other thtread when people talk about a new stadium.........ain't happening for a long time,real long.

[WaldSkins]

Was Vinny one of the 20 let go???

[Ruhskins]

Originally Posted by WaldSkins

Was Vinny one of the 20 let go???

Can you imagine being an employee for the Redskins, and you get laid off; meanwhile the offense has been sitting on its @$$ for the last 8 games of the season and they get to keep their jobs?

[WaldSkins]

Originally Posted by Ruhskins

Can you imagine being an employee for the Redskins, and you get laid off; meanwhile the offense has been sitting on its @$$ for the last 8 games of the season and they get to keep their jobs?

More like the last 8 years.

[birdz4gibbs]

Originally Posted by WaldSkins

More like the last 8 years.

it has been sometime since we seen a solid offense haven,t we....

[SmootSmack]

More

Redskins Lay Off More Workers - Redskins Insider

[Dirtbag59]

Originally Posted by WaldSkins

Was Vinny one of the 20 let go???

That was the first thing I asked myself especially when I heard a director had been released. Unfortunately my wishes were met with sorrow.

Anyway I think this is a good time to get something off my chest. One of the things I keep on hearing about Dan Snyder is that at least he's a great business man. After thinking about it I came to the conclusion that he's not even that. If anything he WAS at least a good business man sometime in the past. Afterwards he took his earnings and got himself a cash cow (The Redskins). For those of you who don't know what a cash cow is, it's a mature product that will earn money no matter what. The Redskins are such an economic asset. Practically anyone could make money off the Redskins.

However if you look at his other businesses with six flags and the radio deal you'll see he's had trouble making a profit before the recession really did it's damage.

Man look at me I'm starting to sound like JLC. Either way I'm surprised that the recession was even able to reach the Redskins.

[skinsfan69]

Originally Posted by Dirtbag359

That was the first thing I asked myself especially when I heard a director had been released. Unfortunately my wishes were met with sorrow.

Anyway I think this is a good time to get something off my chest. One of the things I keep on hearing about Dan Snyder is that at least he's a great business man. After thinking about it I came to the conclusion that he's not even that. If anything he WAS at least a good business man sometime in the past. Afterwards he took his earnings and got himself a cash cow (The Redskins). For those of you who don't know what a cash cow is, it's a mature product that will earn money no matter what. The Redskins are such an economic asset. Practically anyone could make money off the Redskins.

However if you look at his other businesses with six flags and the radio deal you'll see he's had trouble making a profit before the recession really did it's damage.

Man look at me I'm starting to sound like JLC. Either way I'm surprised that the recession was even able to reach the Redskins.

When Snyder took over this team was not the cash cow it is now. I mean look at all the advertisng all over the stadium. I know the advertising has calmed down a bit during these times but still. He's done a nice job marketing the team. Plus he came up with the local Redskin stores. He has made the team a lot more valuable than when JKC had the team. Now he's lucky to be in this market, that helps.

People were laid off in the NFL offices so naturally this hits the teams too. I'm not surprised. I didn't know John Jefferson worked for the Redskins.

[Giantone]

Originally Posted by skinsfan69

When Snyder took over this team was not the cash cow it is now. I mean look at all the advertisng all over the stadium. I know the advertising has calmed down a bit during these times but still. He's done a nice job marketing the team. Plus he came up with the local Redskin stores. He has made the team a lot more valuable than when JKC had the team. Now he's lucky to be in this market, that helps.

People were laid off in the NFL offices so naturally this hits the teams too. I'm not surprised. I didn't know John Jefferson worked for the Redskins.

No to almost all of it,sorry nope......no to all of it.see my other post.

[SkinDogg]

Originally Posted by skinsfan69

When Snyder took over this team was not the cash cow it is now. I mean look at all the advertisng all over the stadium. I know the advertising has calmed down a bit during these times but still. He's done a nice job marketing the team. Plus he came up with the local Redskin stores. He has made the team a lot more valuable than when JKC had the team. Now he's lucky to be in this market, that helps.

Agreed, but value schmalue. Fans are tired of hearing the praises of Snyder's balance sheet. And unlike JKC, Snyder has not made the Redskins winners - something that justifies dropping $500 for a ticket and a beer.

[The Goat]

Originally Posted by SkinDogg

Agreed, but value schmalue. Fans are tired of hearing the praises of Snyder's balance sheet. And unlike JKC, Snyder has not made the Redskins winners - something that justifies dropping $500 for a ticket and a beer.

Then why do people continue to line Danny's pockets? Reason has it if revenue plummeted because fans were sick and tired of the FO structure and ownership's behavior things might change for the better.

[djnemo65]

Originally Posted by Dirtbag359

That was the first thing I asked myself especially when I heard a director had been released. Unfortunately my wishes were met with sorrow.

Anyway I think this is a good time to get something off my chest. One of the things I keep on hearing about Dan Snyder is that at least he's a great business man. After thinking about it I came to the conclusion that he's not even that. If anything he WAS at least a good business man sometime in the past. Afterwards he took his earnings and got himself a cash cow (The Redskins). For those of you who don't know what a cash cow is, it's a mature product that will earn money no matter what. The Redskins are such an economic asset. Practically anyone could make money off the Redskins.

However if you look at his other businesses with six flags and the radio deal you'll see he's had trouble making a profit before the recession really did it's damage.

Man look at me I'm starting to sound like JLC. Either way I'm surprised that the recession was even able to reach the Redskins.

If you're so smart why ain't you rich?

[Dirtbag59]

Originally Posted by djnemo65

If you're so smart why ain't you rich?

Well if I had known Dan was going to run the franchise into the ground I wouldn't have settled for a minority owner spot.

Originally Posted by skinsfan69

When Snyder took over this team was not the cash cow it is now. I mean look at all the advertisng all over the stadium. I know the advertising has calmed down a bit during these times but still. He's done a nice job marketing the team. Plus he came up with the local Redskin stores. He has made the team a lot more valuable than when JKC had the team. Now he's lucky to be in this market, that helps.

People were laid off in the NFL offices so naturally this hits the teams too. I'm not surprised. I didn't know John Jefferson worked for the Redskins.

What I'm morbidly curious to see is how the Redskins do in the long run. Maybe his success has been a result of what he's always done with running the team, sacrifice long term plans in favor of short term get-rich quick schemes. The fans are starting to get fed up with the way the team is running the organization and apparently the season ticket waiting list is for lack of a better word, bullshit. I've heard of people that have been contacted about season tickets within a year of signing up. On top of that they got Larry Michael robo calls going around now with Jack Kent Cooke showing up on caller ID's.