Rockets sixth most valuable franchise

LarsV8 · Post #1 » by **LarsV8** » Thu Jan 23, 2014 1:10 am

http://www.forbes.com/pictures/mli45ehe ... n-rockets/

And third most profitable behind only Lakers and Knicks.

$64 million dollar profit last year is insane.

For the record, Les bought the team for 85 million in 1993.

ChokeFasncists · Post #2 » by **ChokeFasncists** » Thu Jan 23, 2014 3:55 am

Wow, no kidding. I imagine the Asian market contributed to it.

BaYBaller · Post #3 » by **BaYBaller** » Thu Jan 23, 2014 5:14 am

The question remains though if Les will be willing to go into the luxury tax when the time comes.

Post #4 » by **Mr. E** » Thu Jan 23, 2014 3:04 pm

I think that they do go into the luxury tax next season to retain Parsons after some free agent signings. It's all about flexibility until then.

Hopefully the Rockets will move up the value ladder once they get the CSN debacle fixed.

zapatasblood · Post #5 » by **zapatasblood** » Thu Jan 23, 2014 4:37 pm

BaYBaller wrote:The question remains though if Les will be willing to go into the luxury tax when the time comes.

This question has been answered. If the Rockets look to be title contenders he is more than willing to go into the tax.

Zubby · Post #6 » by **Zubby** » Thu Jan 23, 2014 4:38 pm

Wow the Knicks... that MSG renovation did wonders for them.

Houston is making crazy amounts I guess CSN is still profitable?

BaYBaller · Post #7 » by **BaYBaller** » Thu Jan 23, 2014 7:06 pm

zapatasblood wrote:
BaYBaller wrote:The question remains though if Les will be willing to go into the luxury tax when the time comes.

This question has been answered. If the Rockets look to be title contenders he is more than willing to go into the tax.

Yeah I know Les has said that in interviews, but AFAIK he hasn't gone into the luxury tax even once has he? I don't remember if we went over the cap or not when we first got Barkley. We probably won't know for sure until we see how the team handles the Parons' situation.

inquisitive · Post #8 » by **inquisitive** » Thu Jan 23, 2014 7:58 pm

BaYBaller wrote:The question remains though if Les will be willing to go into the luxury tax when the time comes.

He will

000001 · Post #9 » by **000001** » Sat Jan 25, 2014 2:07 pm

im surprise the rockets are over the heat .. fake ass lin is worth more than a back to back :lol:

moofs · Post #10 » by **moofs** » Sun Jan 26, 2014 5:01 pm

I'ma throw out "I think they mean 'highest priced', not 'most valuable' " unless they expect those sort of profits to continue.

If it was "most valuable", it'd be the sixth-most ranking franchise when subtracting expected value from asking value, and you aren't likely to get those numbers floated in public discussion.

Maudlin17 · Post #11 » by **Maudlin17** » Mon Jan 27, 2014 5:11 pm

000001 wrote:im surprise the rockets are over the heat .. fake ass lin is worth more than a back to back

Definitely, fake ass lin is pretty much a cash cow. I'm really happy to see that people here support the use of this type of language in reference to a player on our own team.