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Rockets sixth most valuable franchise
Posted: Thu Jan 23, 2014 1:10 am
by LarsV8
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.
Re: Rockets sixth most valuable franchise
Posted: Thu Jan 23, 2014 3:55 am
by ChokeFasncists
Wow, no kidding. I imagine the Asian market contributed to it.
Re: Rockets sixth most valuable franchise
Posted: Thu Jan 23, 2014 5:14 am
by BaYBaller
The question remains though if Les will be willing to go into the luxury tax when the time comes.
Re: Rockets sixth most valuable franchise
Posted: Thu Jan 23, 2014 3:04 pm
by Mr. E
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.
Re: Rockets sixth most valuable franchise
Posted: Thu Jan 23, 2014 4:37 pm
by zapatasblood
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.
Re: Rockets sixth most valuable franchise
Posted: Thu Jan 23, 2014 4:38 pm
by Zubby
Wow the Knicks... that MSG renovation did wonders for them.
Houston is making crazy amounts I guess CSN is still profitable?
Re: Rockets sixth most valuable franchise
Posted: Thu Jan 23, 2014 7:06 pm
by BaYBaller
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.
Re: Rockets sixth most valuable franchise
Posted: Thu Jan 23, 2014 7:58 pm
by inquisitive
BaYBaller wrote:The question remains though if Les will be willing to go into the luxury tax when the time comes.
He will
Re: Rockets sixth most valuable franchise
Posted: Sat Jan 25, 2014 2:07 pm
by 000001
im surprise the rockets are over the heat .. fake ass lin is worth more than a back to back

Re: Rockets sixth most valuable franchise
Posted: Sun Jan 26, 2014 5:01 pm
by moofs
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.
Re: Rockets sixth most valuable franchise
Posted: Mon Jan 27, 2014 5:11 pm
by Maudlin17
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.