In 2005 the Washington Red Skins of the National football league were the most profitable sports team in the world. During this year the team managed to have a total revenues of 287 million dollars with an operating expense of 265 million dollars. The team managed to generate a total profit of 22 million dollars for there owner Daniel Snyder. Snyder purchased the team in 1999 for 750 million dollars. He has since managed to grow the team to have a total value of 1.3 billion dollars. The main move Daniel Snyder made to create such a successful business was in 1999 when he sold 20% of the team for 200 million dollars to expand his Fed-Ex field allowing for more people to view the game, also making it the largest football stadium in the NFL. Now the team has a waiting list of 75000 people to purchase tickets to view a game. There is however an option for the people who do not want to wait on the list, they are allowed to pay a 7500 dollar premium to jump the line for one seat.
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