Around the NBA, 2020/21 Edition

[pepe1991]

The Devos family bought the team for 85 million and the value is 1.43 billion now.





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Umm,, inflation?

What cost $85000000 in 1991 would cost $161563014.62 in 2019.
Also, if you were to buy exactly the same products in 2019 and 1991,
they would cost you $85000000 and $43818138.77 respectively.

So team, by economy, was worth more before they bought it.

ALSO, company's worth ( estimated value) and current earnings ( profit or losing money) are two completley separated things.
You can have company that is going bunkropt and still worth millions due infractruction, machinery, property it owns.

There is good reason why NBA had to inject $30M per team,hint, it wasn't made for Knicks, Lakers or Nets.

I’m not sure how you are reaching this conclusion. Assuming the veracity of the figures provided, 1.4 billion is a much bigger number than 161 million. NBA franchises are an investment that pays off 100% of the time and profit in any given year shouldn’t be an entitlement.

No i just f*** calculator hahaha
850 000 000 is worth 1 615 530 140 today

[sChOlaRlY_Magi]

I hope we're active in these Rockets-Nets-6ers trade talks.

[thelead]

I hope we're active in these Rockets-Nets-6ers trade talks.

Likely... by selling the two recently acquired 2nd round picks for cash to help get the deal done for the Rockets.

[sChOlaRlY_Magi]

I hope we're active in these Rockets-Nets-6ers trade talks.

Likely... by selling the two recently acquired 2nd round picks for cash to help get the deal done for the Rockets.

Oof...

[Xatticus]

Umm,, inflation?

What cost $85000000 in 1991 would cost $161563014.62 in 2019.
Also, if you were to buy exactly the same products in 2019 and 1991,
they would cost you $85000000 and $43818138.77 respectively.

So team, by economy, was worth more before they bought it.

ALSO, company's worth ( estimated value) and current earnings ( profit or losing money) are two completley separated things.
You can have company that is going bunkropt and still worth millions due infractruction, machinery, property it owns.

There is good reason why NBA had to inject $30M per team,hint, it wasn't made for Knicks, Lakers or Nets.

I’m not sure how you are reaching this conclusion. Assuming the veracity of the figures provided, 1.4 billion is a much bigger number than 161 million. NBA franchises are an investment that pays off 100% of the time and profit in any given year shouldn’t be an entitlement.

No i just f*** calculator hahaha
850 000 000 is worth 1 615 530 140 today

They didn't pay $850,000,000 though. They paid $85,000,000. That one extra zero makes a huge difference. The short version of the story is that every owner ends up making a massive profit after they sell. Perhaps it is a bubble that will burst at some point, but there has been no indication of as much up to this point.

Every ownership group is different. Some are run by Rich Uncle Pennybags who can cover all costs by cutting a check. Others are living on a budget and losses have to be financed with loans. Regardless, there is no risk of long-term loss on the initial investment because the sale price for franchises as easily outperformed inflation.

[CZ Eddie]

Wow, I'm really excited for the Bucs and the rest of the league to see that a top-ten NBA talent has decided to remain with his small-market team. It disgusts me when I see superstars jetting off for larger markets.
This bodes well for all small market teams, like the Orlando Magic.

I just became an Antenctomplututo fan!

[pepe1991]

I’m not sure how you are reaching this conclusion. Assuming the veracity of the figures provided, 1.4 billion is a much bigger number than 161 million. NBA franchises are an investment that pays off 100% of the time and profit in any given year shouldn’t be an entitlement.

No i just f*** calculator hahaha
850 000 000 is worth 1 615 530 140 today

They didn't pay $850,000,000 though. They paid $85,000,000. That one extra zero makes a huge difference. The short version of the story is that every owner ends up making a massive profit after they sell. Perhaps it is a bubble that will burst at some point, but there has been no indication of as much up to this point.

Every ownership group is different. Some are run by Rich Uncle Pennybags who can cover all costs by cutting a check. Others are living on a budget and losses have to be financed with loans. Regardless, there is no risk of long-term loss on the initial investment because the sale price for franchises as easily outperformed inflation.

Yea you are right, i thought it was $850M, not $85M. They got lucky tho, they bought team right before "Jordan" economy boom started.
For instance, cap space for 1991-92 season was $12,5
But with huge raise in popularity, for 1996-17 is already over $24M.

By the 2002, it was over $42M.

As for profit and estimated value, it's still very much based on logical assumpsion more than real number. Team's estimated worth is $1,4B, but Hawks were sold just few yeras back for just $750M.
And latest 2 teams sold, Clippers (2B) , Houston( 2,2B) and Nets ( 2,3B) all belong to large markets so it's not really useful to use them as example. Bucks changed ownership for just $550M in 2014. Now they are giving GIannis $200M contract.

But it's interesting that last 10 years a LOT of teams changed ownership groups. From some economical stand point, i think most owners are told that there are better companies to invest money into, regardless of teams' sucess, you can still lose a lot. Maybe nowdays more than ever, since it seems like NBA popularity is on decline in general, as it peaked around 2016-2017.

[Nyce_1]

Man, i want LeVine here.

[MagicFan101]

Read on Twitter

?s=21

Wow. I’m not sure about this one.

[CZ Eddie]

Vooch looking at that $41 MIL/annual with big eyes



Rudy got waaay overpaid

[MagicFan101]

Is Gobert worth all that?

The obvious answer in a vacuum is No.

Is he worth that much to a small market team which doesn’t attract star free agents? ... perhaps? But after the drama this off-season where his relationship with DM was damaged I just don’t know. The Jazz must be convinced that relationship is fully repaired.

[CZ Eddie]

#newowner

[Xatticus]

Vooch looking at that $41 MIL/annual with big eyes



Rudy got waaay overpaid

Maybe. He is vastly superior to Vucevic and underappreciated in general. The issue with Gobert is that he has an Achilles' heel. You can neutralize him by pulling him away from the basket, which is what teams have done with him in the playoffs. He isn't a guy that you can simply feed in the post to punish small lineups. Perhaps that could be mitigated by a really good pass-first, pick-and-roll point guard? I don't know.

Gobert is elite at what he does though. The advanced stuff loves him. Basically, the Jazz have been great when he has been on the floor and they have been crap when he has been on the bench. This has been true for the last five years, so it isn't some statistical anomaly. I think this is a good deal for Utah. I'd trade Mitchell before I would move Gobert. Gobert makes them better and would bring back less in return. I just think it would be easier to build a competitive team around Gobert than it would be to build one around Mitchell.

[pepe1991]

My favorite player Wiggins never dissapointed me in my life.

he is already looking to be in mid season form, We did not hit HT of Nets- Warrriors game and he is here shining strong.

1-8 FG, 1 rebound, 1 assist, 2 turnovers blowing every defensive assigment under a sun.

And in eyes of fans he will develop, just give him 15 more years.

[Ducklett]

My favorite player Wiggins never dissapointed me in my life.

he is already looking to be in mid season form, We did not hit HT of Nets- Warrriors game and he is here shining strong.

1-8 FG, 1 rebound, 1 assist, 2 turnovers blowing every defensive assigment under a sun.

And in eyes of fans he will develop, just give him 15 more years.

The Warriors are horrible. They made a huge mistake not dumping Wiggins with the 2nd pick (Wiseman looks so slow and ploddy). I hope Steph demands a trade.

[pepe1991]

My favorite player Wiggins never dissapointed me in my life.

he is already looking to be in mid season form, We did not hit HT of Nets- Warrriors game and he is here shining strong.

1-8 FG, 1 rebound, 1 assist, 2 turnovers blowing every defensive assigment under a sun.

And in eyes of fans he will develop, just give him 15 more years.

The Warriors are horrible. They made a huge mistake not dumping Wiggins with the 2nd pick (Wiseman looks so slow and ploddy). I hope Steph demands a trade.

Few days ago i was watching some random youtube video and next-up was some Warriors predictions for upcoming year. Out of boredom i wrote something between the lines " 32 wins, Kelly Oubre and Wigggins are probably worst stating SG-SF combo in nba" ... And as you can imagine, i had to turn notifications from mobile phone down because flaming keyboards of casuals couldn't wrap their heads around idea that:

1) Kelly Oubre never in his life was positive contributor to any team he was part on, and only time when his teams didn't suck was in season where he was 7th man in rotation ( 2016-17)

2) Andrew Wiggins is by all accounts one of worst nba starters for years.


I kind a feel bad for Curry, but in a moment it was clear Klay suffered injury, it was very obvious Warriors should kick-start massive rebuild. Their bloated salary for guys like Curry (33) , Klay (31, won't play whole year), Green ( not even starting level player any more), Wiggins ( lol ) , Oubre and others is just complete waste and unnecessary expenses for owner who should know cirtains closed.

Wiseman scored 11 of 19 points in late 4 th quater , as team was down by 30 , with every single starter and serious rotation player out .I had to check who was even playing center for Nets. Some guy named Reggie Perry. That's 57th draft pick from 2020 .

[pepe1991]

Dejonte Murray & Porter Jr already flexing their MIP muscles

[MagicFan101]

Ugh,

Michael Porter Jr, is still on a minutes restriction but it doesn’t matter. He was out of control last night.

29 minutes (in overtime)
24 points
9-15 on FG
3-7 on 3pt
5 reb
2 ast
2 stl
3 blk


Ugh, I screamed to anyone who would listen that he was worth the risk that year. We clearly have the appetite for drafting injured players and waiting (Chuma) why couldn’t we have done it for a far more talented player?

Completely fair that Denver is rumored to list MPjr as untouchable in Harden trade talks.

[KillMonger]

feel kinda sorry for Kira Lewis.....i think he racked up his first DNP-CD, knowing stan? first of many, he might not play you until he feels you're ready

[fendilim]

Ugh,

Michael Porter Jr, is still on a minutes restriction but it doesn’t matter. He was out of control last night.

29 minutes (in overtime)
24 points
9-15 on FG
3-7 on 3pt
5 reb
2 ast
2 stl
3 blk


Ugh, I screamed to anyone who would listen that he was worth the risk that year. We clearly have the appetite for drafting injured players and waiting (Chuma) why couldn’t we have done it for a far more talented player?

Completely fair that Denver is rumored to list MPjr as untouchable in Harden trade talks.

We pretty much did that (sitting out) to Isaac and Bamba for half a year and people here already complain. What more for a whole year.