Suns estimated at over 3 billion!

[WeekapaugGroove]

Simmons mentioned that while Sarver can sell the whole thing there's belief hell just sell his 35% controlling stake. This would open up more options because actual cash needed at the sale would be less but that buyer would still control the team.

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I heard him say that too, but idk...I kinda feel the other owners will take the money and run especially if it's Bezos/Ellison. Those 2 guys are uber rich and probably won't want any other voices around with their new investment. Those 2 can also afford to pay off other people-even other rich people.

Simmons has no idea. A new billionaire owner will want sole investment. Plus, if it's worth 3+ billion, a 35% share would drastically increase the value of what the others put in, at least on paper. I would be pretty surprised if the owner didn't buy the whole team, or at least a minimum 51% of ownership.

Yeah I personally have no clue.

Probably depends on how exactly that ownership agreement works. I do remember reading although Bob only owned 35% the others couldn't consolidate and do a hostile take over of his role as head of the group. So I guess if you get all the advantages of being the owner and 'only' have to fork over $1bil in actual cash vs $4bil I could see the appeal. But you wouldn't get that appreciation on the whole thing.

Frankly I don't really give a ****, just get Bob the hell away from this franchise.

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[TASTIC]

Larry Ellison is my bet. Has the coin, missed out on the Warriors, already dabbles in the America's Cup...worth $89B so can buy out right

[MrMiyagi]

We just need 300k people to contribute $10k and we too could own the Suns.

[bwgood77]

I heard him say that too, but idk...I kinda feel the other owners will take the money and run especially if it's Bezos/Ellison. Those 2 guys are uber rich and probably won't want any other voices around with their new investment. Those 2 can also afford to pay off other people-even other rich people.

Simmons has no idea. A new billionaire owner will want sole investment. Plus, if it's worth 3+ billion, a 35% share would drastically increase the value of what the others put in, at least on paper. I would be pretty surprised if the owner didn't buy the whole team, or at least a minimum 51% of ownership.

Yeah I personally have no clue.

Probably depends on how exactly that ownership agreement works. I do remember reading although Bob only owned 35% the others couldn't consolidate and do a hostile take over of his role as head of the group. So I guess if you get all the advantages of being the owner and 'only' have to fork over $1bil in actual cash vs $4bil I could see the appeal. But you wouldn't get that appreciation on the whole thing.

Frankly I don't really give a ****, just get Bob the hell away from this franchise.

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He probably owned more than 50% initially and had controlling rights in the partnership agreement and as he sold more pieces off he made sure he maintainted controlling rights and could make sole decisions himself.

Or it could take 2/3% to make changes to owner which was impossible. It is kind of strange that he can force other to sell their shares too.

It kind of makes you wonder if Nahafi's real angle was that he wanted to cash out.

[Slim Charless]

Simmons has no idea. A new billionaire owner will want sole investment. Plus, if it's worth 3+ billion, a 35% share would drastically increase the value of what the others put in, at least on paper. I would be pretty surprised if the owner didn't buy the whole team, or at least a minimum 51% of ownership.

Yeah I personally have no clue.

Probably depends on how exactly that ownership agreement works. I do remember reading although Bob only owned 35% the others couldn't consolidate and do a hostile take over of his role as head of the group. So I guess if you get all the advantages of being the owner and 'only' have to fork over $1bil in actual cash vs $4bil I could see the appeal. But you wouldn't get that appreciation on the whole thing.

Frankly I don't really give a ****, just get Bob the hell away from this franchise.

Sent from my SM-G986U using RealGM mobile app

He probably owned more than 50% initially and had controlling rights in the partnership agreement and as he sold more pieces off he made sure he maintainted controlling rights and could make sole decisions himself.

Or it could take 2/3% to make changes to owner which was impossible. It is kind of strange that he can force other to sell their shares too.

It kind of makes you wonder if Nahafi's real angle was that he wanted to cash out.

Well if it's true that the team is going for over 4 billion, then all of those guys stand to quintuple or quadruple their original investments. That's a hell of a come up.