This is playing out just as I had hoped. I hate the freakin' NBA and when this mess first popped up I told some friends it all the potential of being a complete cluster fuck.
I was pretty down in the dumps when it looked like the Ballmer offer would sail through but somebody woke old Donald just in time and he now looks to be meeting, or even exceeding, my lofty expectations of him. As Kimmie would say, break out the popcorn. Great, great theater ahead!
This has unfolded better than I could ever have imagined.
I knew Sterling wouldn't go down without a fight, he has exceeded my wildest wet dreams.
The big mistake the NBA made was to have Mr. Microsoft Jr. offer 2 billion for a team valued at 750 million.
It showed weakness
The team's REAL value is actually pretty close to $2 billion.
local TV revenue
I like to think the Clippers are worth 700 million more than the Lakers ...
One team already reaping the benefits of new TV money on the local level is the Los Angeles Lakers. The 16-time NBA champions rank second with a value of $1.35 billion, up 35% from last year. The Lakers earned $122 million from local TV last season, which marked the first year of the team’s massive 20-year, $3.6 billion deal with Time Warner Cable TWC -0.32%. The Lakers’ Time Warner payout last season was more than 20 times what teams like the Bucks and Bobcats generate (see “The NBA’s Richest Local Television Deals“).
I also like to think the junior LA franchise is 10.5% of the value of the league, and triple the average worth.
The average NBA franchise is worth (equity plus debt) $634 million, up 25% over last year. Collectively the 30 teams are worth $19 billion
I stand by my statement open market in a normal environment places Clippers at 750 million.
This has unfolded better than I could ever have imagined.
I knew Sterling wouldn't go down without a fight, he has exceeded my wildest wet dreams.
The big mistake the NBA made was to have Mr. Microsoft Jr. offer 2 billion for a team valued at 750 million.
It showed weakness
The team's REAL value is actually pretty close to $2 billion.
local TV revenue
I like to think the Clippers are worth 700 million more than the Lakers ...
One team already reaping the benefits of new TV money on the local level is the Los Angeles Lakers. The 16-time NBA champions rank second with a value of $1.35 billion, up 35% from last year. The Lakers earned $122 million from local TV last season, which marked the first year of the team’s massive 20-year, $3.6 billion deal with Time Warner Cable TWC -0.32%. The Lakers’ Time Warner payout last season was more than 20 times what teams like the Bucks and Bobcats generate (see “The NBA’s Richest Local Television Deals“).
I also like to think the junior LA franchise is 10.5% of the value of the league, and triple the average worth.
The average NBA franchise is worth (equity plus debt) $634 million, up 25% over last year. Collectively the 30 teams are worth $19 billion
I stand by my statement open market in a normal environment places Clippers at 750 million.
That's an estimate of value.
I'm no TCU MBA, but when the Lakers are bringing in $150 million annually in local TV revenue alone, they are easily worth more than $1.35 billion in total franchise value.
Also, if the Clippers are worth only $750 million in an "open market", why were there three separate bids for them over $1.2 billion?
This has unfolded better than I could ever have imagined.
I knew Sterling wouldn't go down without a fight, he has exceeded my wildest wet dreams.
The big mistake the NBA made was to have Mr. Microsoft Jr. offer 2 billion for a team valued at 750 million.
It showed weakness
The team's REAL value is actually pretty close to $2 billion.
local TV revenue
I like to think the Clippers are worth 700 million more than the Lakers ...
One team already reaping the benefits of new TV money on the local level is the Los Angeles Lakers. The 16-time NBA champions rank second with a value of $1.35 billion, up 35% from last year. The Lakers earned $122 million from local TV last season, which marked the first year of the team’s massive 20-year, $3.6 billion deal with Time Warner Cable TWC -0.32%. The Lakers’ Time Warner payout last season was more than 20 times what teams like the Bucks and Bobcats generate (see “The NBA’s Richest Local Television Deals“).
I also like to think the junior LA franchise is 10.5% of the value of the league, and triple the average worth.
The average NBA franchise is worth (equity plus debt) $634 million, up 25% over last year. Collectively the 30 teams are worth $19 billion
I stand by my statement open market in a normal environment places Clippers at 750 million.
750 for the Clippers is really low. They have a sweet lease deal with Staples. Sterling was turning a profit with horrible teams in the 90's and early 2000's. It's also a sleeping giant. Tons of people, maybe even most people living in LA aren't from LA. They have no loyalty to any team. Win and you will get those potential fans.
2 billion is high, but saying they are worth 750 is comical. Ballmer and Hansen offered $650 for the Milwaukee Bucks. The Clippers are easily worth over a billion dollars. Ballmer has plenty of money to blow, but he's not blowing 1.25 billion.
This has unfolded better than I could ever have imagined.
I knew Sterling wouldn't go down without a fight, he has exceeded my wildest wet dreams.
The big mistake the NBA made was to have Mr. Microsoft Jr. offer 2 billion for a team valued at 750 million.
It showed weakness
The team's REAL value is actually pretty close to $2 billion.
local TV revenue
I like to think the Clippers are worth 700 million more than the Lakers ...
One team already reaping the benefits of new TV money on the local level is the Los Angeles Lakers. The 16-time NBA champions rank second with a value of $1.35 billion, up 35% from last year. The Lakers earned $122 million from local TV last season, which marked the first year of the team’s massive 20-year, $3.6 billion deal with Time Warner Cable TWC -0.32%. The Lakers’ Time Warner payout last season was more than 20 times what teams like the Bucks and Bobcats generate (see “The NBA’s Richest Local Television Deals“).
I also like to think the junior LA franchise is 10.5% of the value of the league, and triple the average worth.
The average NBA franchise is worth (equity plus debt) $634 million, up 25% over last year. Collectively the 30 teams are worth $19 billion
I stand by my statement open market in a normal environment places Clippers at 750 million.
That's an estimate of value.
I'm no TCU MBA, but when the Lakers are bringing in $150 million annually in local TV revenue alone, they are easily worth more than $1.35 billion in total franchise value.
Also, if the Clippers are worth only $750 million in an "open market", why were there three separate bids for them over $1.2 billion?
This has unfolded better than I could ever have imagined.
I knew Sterling wouldn't go down without a fight, he has exceeded my wildest wet dreams.
The big mistake the NBA made was to have Mr. Microsoft Jr. offer 2 billion for a team valued at 750 million.
It showed weakness
The team's REAL value is actually pretty close to $2 billion.
local TV revenue
I like to think the Clippers are worth 700 million more than the Lakers ...
One team already reaping the benefits of new TV money on the local level is the Los Angeles Lakers. The 16-time NBA champions rank second with a value of $1.35 billion, up 35% from last year. The Lakers earned $122 million from local TV last season, which marked the first year of the team’s massive 20-year, $3.6 billion deal with Time Warner Cable TWC -0.32%. The Lakers’ Time Warner payout last season was more than 20 times what teams like the Bucks and Bobcats generate (see “The NBA’s Richest Local Television Deals“).
I also like to think the junior LA franchise is 10.5% of the value of the league, and triple the average worth.
The average NBA franchise is worth (equity plus debt) $634 million, up 25% over last year. Collectively the 30 teams are worth $19 billion
I stand by my statement open market in a normal environment places Clippers at 750 million.
That's an estimate of value.
I'm no TCU MBA, but when the Lakers are bringing in $150 million annually in local TV revenue alone, they are easily worth more than $1.35 billion in total franchise value.
Also, if the Clippers are worth only $750 million in an "open market", why were there three separate bids for them over $1.2 billion?
This has unfolded better than I could ever have imagined.
I knew Sterling wouldn't go down without a fight, he has exceeded my wildest wet dreams.
The big mistake the NBA made was to have Mr. Microsoft Jr. offer 2 billion for a team valued at 750 million.
It showed weakness
The team's REAL value is actually pretty close to $2 billion.
local TV revenue
I like to think the Clippers are worth 700 million more than the Lakers ...
One team already reaping the benefits of new TV money on the local level is the Los Angeles Lakers. The 16-time NBA champions rank second with a value of $1.35 billion, up 35% from last year. The Lakers earned $122 million from local TV last season, which marked the first year of the team’s massive 20-year, $3.6 billion deal with Time Warner Cable TWC -0.32%. The Lakers’ Time Warner payout last season was more than 20 times what teams like the Bucks and Bobcats generate (see “The NBA’s Richest Local Television Deals“).
I also like to think the junior LA franchise is 10.5% of the value of the league, and triple the average worth.
The average NBA franchise is worth (equity plus debt) $634 million, up 25% over last year. Collectively the 30 teams are worth $19 billion
I stand by my statement open market in a normal environment places Clippers at 750 million.
That's an estimate of value.
I'm no TCU MBA, but when the Lakers are bringing in $150 million annually in local TV revenue alone, they are easily worth more than $1.35 billion in total franchise value.
Also, if the Clippers are worth only $750 million in an "open market", why were there three separate bids for them over $1.2 billion?
This has unfolded better than I could ever have imagined.
I knew Sterling wouldn't go down without a fight, he has exceeded my wildest wet dreams.
The big mistake the NBA made was to have Mr. Microsoft Jr. offer 2 billion for a team valued at 750 million.
It showed weakness
The team's REAL value is actually pretty close to $2 billion.
local TV revenue
I like to think the Clippers are worth 700 million more than the Lakers ...
One team already reaping the benefits of new TV money on the local level is the Los Angeles Lakers. The 16-time NBA champions rank second with a value of $1.35 billion, up 35% from last year. The Lakers earned $122 million from local TV last season, which marked the first year of the team’s massive 20-year, $3.6 billion deal with Time Warner Cable TWC -0.32%. The Lakers’ Time Warner payout last season was more than 20 times what teams like the Bucks and Bobcats generate (see “The NBA’s Richest Local Television Deals“).
I also like to think the junior LA franchise is 10.5% of the value of the league, and triple the average worth.
The average NBA franchise is worth (equity plus debt) $634 million, up 25% over last year. Collectively the 30 teams are worth $19 billion
I stand by my statement open market in a normal environment places Clippers at 750 million.
That's an estimate of value.
I'm no TCU MBA, but when the Lakers are bringing in $150 million annually in local TV revenue alone, they are easily worth more than $1.35 billion in total franchise value.
Also, if the Clippers are worth only $750 million in an "open market", why were there three separate bids for them over $1.2 billion?
This has unfolded better than I could ever have imagined.
I knew Sterling wouldn't go down without a fight, he has exceeded my wildest wet dreams.
The big mistake the NBA made was to have Mr. Microsoft Jr. offer 2 billion for a team valued at 750 million.
It showed weakness
The team's REAL value is actually pretty close to $2 billion.
local TV revenue
It would be interesting to know how much the Clippers actually winning has affected the price.
I don't think the 2010 Chris Kaman - fatass Baron Davis - Tardtrashian playtoy Lamar Odom Clippers ( I might be off on the year, it's the NBA suit so who gives a fuck) fetch anything near this. They were the laughing stock of the week for about 25-30 years.
Comments
I was pretty down in the dumps when it looked like the Ballmer offer would sail through but somebody woke old Donald just in time and he now looks to be meeting, or even exceeding, my lofty expectations of him. As Kimmie would say, break out the popcorn. Great, great theater ahead!
Hth.
I knew Sterling wouldn't go down without a fight, he has exceeded my wildest wet dreams.
The big mistake the NBA made was to have Mr. Microsoft Jr. offer 2 billion for a team valued at 750 million.
It showed weakness
local TV revenue
I should be charging royalties for this shit.
One team already reaping the benefits of new TV money on the local level is the Los Angeles Lakers. The 16-time NBA champions rank second with a value of $1.35 billion, up 35% from last year. The Lakers earned $122 million from local TV last season, which marked the first year of the team’s massive 20-year, $3.6 billion deal with Time Warner Cable TWC -0.32%. The Lakers’ Time Warner payout last season was more than 20 times what teams like the Bucks and Bobcats generate (see “The NBA’s Richest Local Television Deals“).
I also like to think the junior LA franchise is 10.5% of the value of the league, and triple the average worth.
The average NBA franchise is worth (equity plus debt) $634 million, up 25% over last year. Collectively the 30 teams are worth $19 billion
I stand by my statement open market in a normal environment places Clippers at 750 million.
Forbes:
Los Angeles Clippers
Team Value1
$575 M
Team Value calculated January 2014
I'm no TCU MBA, but when the Lakers are bringing in $150 million annually in local TV revenue alone, they are easily worth more than $1.35 billion in total franchise value.
Also, if the Clippers are worth only $750 million in an "open market", why were there three separate bids for them over $1.2 billion?
http://www.latimes.com/local/la-me-sterling-clippers-bidding-20140608-story.html#page=2
2 billion is high, but saying they are worth 750 is comical. Ballmer and Hansen offered $650 for the Milwaukee Bucks. The Clippers are easily worth over a billion dollars. Ballmer has plenty of money to blow, but he's not blowing 1.25 billion.
1 billion was considered crazy.
Yes I'm Marketplace Superiority Guy.
TCU MBA Superiority Guy
Should have been your opening salvo ...
I don't think the 2010 Chris Kaman - fatass Baron Davis - Tardtrashian playtoy Lamar Odom Clippers ( I might be off on the year, it's the NBA suit so who gives a fuck) fetch anything near this. They were the laughing stock of the week for about 25-30 years.