Moderators: bwgood77, Domejandro
The NBA could revisit its timeline for expansion teams following the sale of the Boston Celtics for $6.1 billion on Thursday, according to Shams Charania of ESPN.
It was reported that the league was looking for the Celtics to sell for around the $6 billion mark to establish a baseline fee for expansion teams.
Bids for the Celtics prior to Thursday's sale were coming in under $6 billion.
It could take 3-5 years from the start of the expansion process for a team to make its debut on the court.
Pickled Prunes wrote:The Boston Celtics (one of the most storied franchises in all of sports) sold for $6.1 billion dollars... that has very little to do with the value of a startup like the Las Vegas Jokers.
Tony Parker's home is valued at $16.5m. It's on 53 acres and has a private water park, movie theater, wine cellar, tennis court, greenhouse, volleyball court, etc.... Surprisingly, my home in the suburbs hasn't gone up in value since Parker's estate was listed for sale.
FeatheryTouch wrote:Pickled Prunes wrote:The Boston Celtics (one of the most storied franchises in all of sports) sold for $6.1 billion dollars... that has very little to do with the value of a startup like the Las Vegas Jokers.
Tony Parker's home is valued at $16.5m. It's on 53 acres and has a private water park, movie theater, wine cellar, tennis court, greenhouse, volleyball court, etc.... Surprisingly, my home in the suburbs hasn't gone up in value since Parker's estate was listed for sale.
C'mon now, apples and oranges. Franchises are a unique asset and here is a infinitely smaller inventory of NBA teams for sale(currently zero!) than homes or even luxury homes for sale.
The sale price is a record for ANY pro sports franchise in ANY sport in the the US - it's definitely going to have some effect on the valuation and sales price of current or future NBA franchises.
RealGM Wiretap wrote:It was reported that the league was looking for the Celtics to sell for around the $6 billion mark to establish a baseline fee for expansion teams.
Pickled Prunes wrote:The Boston Celtics (one of the most storied franchises in all of sports) sold for $6.1 billion dollars... that has very little to do with the value of a startup like the Las Vegas Jokers.
Tony Parker's home is valued at $16.5m. It's on 53 acres and has a private water park, movie theater, wine cellar, tennis court, greenhouse, volleyball court, etc.... Surprisingly, my home in the suburbs hasn't gone up in value since Parker's estate was listed for sale.
Revived wrote:Pickled Prunes wrote:The Boston Celtics (one of the most storied franchises in all of sports) sold for $6.1 billion dollars... that has very little to do with the value of a startup like the Las Vegas Jokers.
Tony Parker's home is valued at $16.5m. It's on 53 acres and has a private water park, movie theater, wine cellar, tennis court, greenhouse, volleyball court, etc.... Surprisingly, my home in the suburbs hasn't gone up in value since Parker's estate was listed for sale.
Which city is Tony Parker’s house in? San Antonio?
Not Charlotte?Pickled Prunes wrote:Revived wrote:Pickled Prunes wrote:The Boston Celtics (one of the most storied franchises in all of sports) sold for $6.1 billion dollars... that has very little to do with the value of a startup like the Las Vegas Jokers.
Tony Parker's home is valued at $16.5m. It's on 53 acres and has a private water park, movie theater, wine cellar, tennis court, greenhouse, volleyball court, etc.... Surprisingly, my home in the suburbs hasn't gone up in value since Parker's estate was listed for sale.
Which city is Tony Parker’s house in? San Antonio?
Somewhere in that vicinity.
DoItALL9 wrote:Not Charlotte?Pickled Prunes wrote:Revived wrote:Which city is Tony Parker’s house in? San Antonio?
Somewhere in that vicinity.
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Pickled Prunes wrote:Revived wrote:Pickled Prunes wrote:The Boston Celtics (one of the most storied franchises in all of sports) sold for $6.1 billion dollars... that has very little to do with the value of a startup like the Las Vegas Jokers.
Tony Parker's home is valued at $16.5m. It's on 53 acres and has a private water park, movie theater, wine cellar, tennis court, greenhouse, volleyball court, etc.... Surprisingly, my home in the suburbs hasn't gone up in value since Parker's estate was listed for sale.
Which city is Tony Parker’s house in? San Antonio?
Somewhere in that vicinity.