yeah it would sell regardless for 1.5-2B...Can't really be proven and people will probably cling to otherwise. There might be a slight white guilt/making headlines premium that Ballmer paid but that is obviously hard to quantify.
TV revenue expected to double in a few years, local deal revenue is gonna triple soon and the richest americans are richer than ever right now. Bucks (THE BUCKS!) just sold for 550. Could this be a bubble? Time will tell...
One thing people forget is how quick the sale had to be done. This made it harder for financing to be obtained and significantly whittled the amount of buyers, big reason Ballmer bid was all cash. The NBA told bidders that the sale would be quick so have offers ready to go.
TV revenue expected to double in a few years, local deal revenue is gonna triple soon and the richest americans are richer than ever right now. Bucks (THE BUCKS!) just sold for 550. Could this be a bubble? Time will tell...
One thing people forget is how quick the sale had to be done. This made it harder for financing to be obtained and significantly whittled the amount of buyers, big reason Ballmer bid was all cash. The NBA told bidders that the sale would be quick so have offers ready to go.
Exactly, I don't get how anyone thinks that billionaires would be suckered in to paying more for a team because it's a quick sale. It might even have gone for more if it was a longer bidding process. Or could be less... but to base Sterling on winning because of the price he got, is ridiculous. I'm sure he'd much rather keep it and pass it down in the family as it's going to be worth far more in the future.
Here is the thing akp....the people that think Sterling is a big winner are people who only value money. Many of these guys think that ones wealth equals whether the person is a winner or loser. They don't care that he will go down as the most disgraced owner in nba history who will die a racist fool. If he has billions in the bank....some consider him a winner.
The truth is I know plenty of people with real money that are complete assholes and losers.....but certain guys will only consider those with wealth as the winners.
and yeah people thinking this was gonna end with Sterling going Henry Hill was pretty funny. This ain't the mob people....
The NBA has changed 1/3rd of owners in the last 5 years and over 1/2 in the last 10...He probably doesn't even know these guys. Someone like Michael Pera or Vivek Ranadive have literally 0 in common with Sterling besides the fact they are both worth 2billion.
The NBA has changed 1/3rd of owners in the last 5 years and over 1/2 in the last 10...He probably doesn't even know these guys. Someone like Michael Pera or Vivek Ranadive have literally 0 in common with Sterling besides the fact they are both worth 2billion.
Ehh, honestly there is probably some premium based on how big of news the event made but that is mostly offset by how quick the sale had to be done which eliminated some other buyers.
We can't create an alternate universe in which he sells with no racism taping but if we could it would probably sell for a similar #.
Nail, meet coffin. That's exactly it. Who cares if he is a racist, disgraced by his family, an adulterer, banned from the NBA where he couldn't even step foot in his office, lost the team he has owned for 33 years... but he got paid $2 billion. That's a winner?? Lmao. Of course Willie thinks so... he's just happy his fellow racist got paid and he's trying to justify it as him winning because he can't stand the fact that he is getting kicked out for having racist thoughts... lol.
Exactly. He is a winner financially for sure....but I'd be willing to bet if he could get in a time machine today....he would pay 2 billion to have that taped destroyed before its release. I highly doubt he feels like a winner in this deal.
He liked the idea of being front row at his games and being the owner of the nba team more than anything else.
I dunno, I think that those of us who said Sterling wouldn't own the team by NEXT season, when it turns out that he won't own it even before the end of THIS season(and, throw in the "bonus" of saying he'd never fight to keep the team given the NBA's constitution), were "more right," but, that's merely an opinion, and, to each his own...
