DusterBuster wrote:Tim Lehrbach wrote:Why would the Blazers need a new arena? If they do, they can pay for it.
Also curious why people want Phil Knight to buy the team. What makes him a good NBA governor?
I mean, we can ask this same question for nearly everyone. What makes ARod a good NBA governor for the Timberwolves? No one knows what really makes a great "owner" for a NBA franchise. Micky Arison is a awful cheap owner, he's also got titles and reloads the Heat all the time (largely because his team is in Miami).
The "hope" (which is all we have when discussing new owners) is that he can do what he did with the Ducks and make Oregon a destination franchise for players. He would have to do what Paul Allen did originally in the 90's with the Blazers, and what he also did in Eugene for the Ducks, namely... which is dump ungodly amounts of money into player experience. Top of the line travel experience, practice facilities, etc... all the things that make players lives easier outside of the game itself. That's how you get players' attention when you're not in a destination city.
Phil and his family also have very strong Portland roots and moving the team would likely never even cross their mind.
Often owners of teams are paying several times the previous sales prices. So they're usually looking to monetize and new arenas usually means higher ticket prices and more revenues, especially if a new venue could host non-basketball events like concerts which means the team would have revenues which they don't have to share with the league.
Is the fan base loyal and willing to pay higher season ticket prices and probably PSLs? That's probably what some prospective owners are considering. That's apparently what they're looking to do in Minnesota, who got the team probably below market price now but if they get a new arena, they could flip it for a big gain.
Phil Knight might be the type of owner who doesn't care as much about maximizing return as being in it for the love of the sport and the team. However, he's 87 years old and apparently one of his sons died young tragically. His other son is in his 50s but doesn't appear to have much of a sports-oriented background?
So who'd inherit the team if Knight passed away? Would his son be a disinterested owner, like Jody Allen apparently was?
Franchise value may be trending up with the new TV contract money and probably the team's share of fat franchise fees for the expansion teams. There would probably be a renewed regional rivalry with the expansion Seattle franchise and maybe also with the Vegas team as well.
The more it costs the new owners to acquire the team, the more they're going to want to maximize returns, increase revenues.
Because to compete in the West, it's probably going to require a high payroll so the willingness of the new owners to spend will be a big question. Usually owners will say they need a new arena to be able to financially compete and field a contending club.