Google: Very Expensive Ticket
- Google is the apparent winner of the NFL Sunday Ticket at a cost of $2+ billion.
- The financials of the NFL deal don't add up to a winning deal.
- The stock is cheap at ~13x EPS targets, but over paying for the Sunday Ticket is a bad move for shareholders.
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »