Showing posts with label denver. Show all posts
Showing posts with label denver. Show all posts

Wednesday, June 10, 2009

How much money do the Denver Broncos need?

Normally I don't pay any attention to the sports portion of the news, but yesterday a little blurb made my ears perk up. The Denver Broncos are considering accepting advertising for their practice jerseys. Do they need more money? I don't know their financial situation. I only know that players make a lot more than most people I know. In total the team has a $50 million salary cap.


The Broncos aren't the first team to consider jersey advertising. The Green Bay packers recently announced that they will be signing advertising contracts for jersey space. We should soon see a wave of teams making similar announcements since NFL ruled that jersey patch advertising was okay by them.

We might think advertising in the U.S. is going to far, but I say it's actually quite immature. In other countries advertising is much more prevalent than in the U.S. During a trip to Lima, Peru I was stunned to see advertising groomed into roadside greenbelts. When you walk through the Amsterdam airport advertising shines on the floor and moves you toward the store. And we've all seen images of Tokyo. But do we have to be over the top in everything? How about keeping our comparatively minimalist advertising. Except for NASCAR, they lead the advertising way.

Monday, April 7, 2008

Don’t like the Housing Outlook? Move Over a Few Miles.

USA Today reports that Green Ranch near DIA is looking like ghost town as for the foreclosure plague moves in. But while the tumble weed may be blowing in the prairie it’s not indicative of the rest of the metropolis. We all know that Colorado, particularly the Front Range, is comprised of a multitude of micro-climates. Well, same goes for the housing market. And so, we seem to fit right into whatever media headline needs to be written.



Need a doom and gloom story? Just last week Forbes included Denver among the “riskiest housing markets”, but with a caveat…



Other spots, Denver, for example, exhibit negative characteristics like foreclosures, lending problems and vacancies, but are adding jobs, a sign that the local economy can better handle these difficulties.



And for a good time…Earlier this year Forbes nominated Douglas County as No. 5 in America’s Richest Counties.



And my point is? Denver seems to reflect what’s happening through the country. While some pockets continue to prosper others fail.



Let's hope that like most storms in Colorado this one passes quickly with beautiful times ahead. It’s a sweet time for investors and new buyers and sad for those who bought into bad loans.

photo by artbabee