Cheapest NBA owner?

pro2020 · Post #21 » by **pro2020** » Sat Mar 15, 2008 4:05 am

Peter Holt of the Spurs, the guy just doesn't have "big" money, pretty amazing what they've done with that money.

Teen Girl Squad · Post #22 » by **Teen Girl Squad** » Sat Mar 15, 2008 4:06 am

pro2020 wrote:Peter Holt of the Spurs, the guy just doesn't have "big" money, pretty amazing what they've done with that money.

Agreed, though to be fair Jerry Buss of the Lakers takes the cake as he is the only owner whose primary source of income is the NBA franchise. The fact hes willing to spend to win is great whereas owners like Sterling look at the NBA as an investment.

http://www.last.fm/user/DPF55 · Post #23 » by **Buck You** » Sat Mar 15, 2008 4:08 am

I can tell you who is the worst and who meddles with the coach and GM. Herb Kohl. You could say he's cheap also because he's vetoed every trade Larry Harris has brought to him this year.

lukeridenour · Post #24 » by **lukeridenour** » Sat Mar 15, 2008 4:19 am

yea as good as the spurs look right now and their future looks, we could be so much better with only holt would open his wallet. imagine our team with the additions of barbosa and scola or even david lee. scola and barbosa were traded because of luxury tax and lee was passed on because they wanted to draft a project player that they wouldnt have to pay for a while, who is now manhimi.

Texas Longhorns · Post #25 » by **Texas Longhorns** » Sat Mar 15, 2008 4:29 am

Donald Sterling by a mile...

BobbySura · Post #26 » by **BobbySura** » Sat Mar 15, 2008 12:48 pm

i don't think you can pick anyone BUT the sun's owner.

at least the other guys can say either

"oh we aren't contending, so i shouldn't spend money until we have a team that can win"

or

"we aren't making much money off this team so it doesn't make sense to spend much money yet"

but phoenix's owner had the HOTTEST team in the league outside of the lakers, and was a legit contender and traded away PIECES THAT WOULD HAVE PROBABLY LED TO THEM BEING CHAMPIONS.

seriously.

needed a backup pointguard? let rondo go for nothing. signed marcus banks for some reason.

needed help at the 3? traded deng AND james jones(again, both for nothing)

needed a defensive minded big man(and big men period)? traded away their only one for table scraps+gave away future picks.

i have never seen a guy that was so cheap he would ruin a championship team like this. total idiot.

hype_2004 · Post #27 » by **hype_2004** » Sat Mar 15, 2008 1:05 pm

LALakers4ever wrote:Donald Sterling, he's been doing it for 25 years

CLOSE THREAD

ditto, end of thread and dicussion, the dude is in he business of making money, his team has been a perennial crap for over 20 yrs and still make money from ad and tick sales due to the humoungous LA market.

hype_2004 · Post #28 » by **hype_2004** » Sat Mar 15, 2008 1:11 pm

MaxRider wrote:Rockets, Suns, Spurs' owners
they all try to avoid luxury tax at all cost

yah that's all good but Sterling has been doing that for over 20 yrs in the top 3 biggest market in the NBA and still makes huge profit year in year out, very smart investor and businessman.

realfung · Post #29 » by **realfung** » Sat Mar 15, 2008 5:30 pm

avoiding lux tax isn't cheap.....

can you define CHEAP????

or use money wisely...

Rasheeed!!! · Post #30 » by **Rasheeed!!!** » Sat Mar 15, 2008 6:08 pm

That's the problem with Sterling....all he cares about is $$$....as long as he's making it it doesn't matter where his team is in the standings....and the fans suffer for it.

MrCheerios · Post #31 » by **MrCheerios** » Sat Mar 15, 2008 6:28 pm

Lifetime achievement award: Sterling

What have you done for me lately: Sarver

Buckeye-NBAFan · Post #32 » by **Buckeye-NBAFan** » Sat Mar 15, 2008 6:31 pm

realfung wrote:avoiding lux tax isn't cheap.....

can you define CHEAP????

or use money wisely...

Ya, seriously. If San Antonio spent well into the luxury tax and had a fluke year where they didn't make the playoffs, they'd start losing $20 million a year. I guess some people don't understand the concept of small market team.

The Spurs and Cavs were an exception last year because of playoff revenue. If the Spurs didn't have that playoff revenue, they'd be sitting with the Bobcats and Hawks of the world at $100M in revenue. If you're spending into the luxury tax ($70M+), you're spending almost your entire revenue on players, when you need coaches, scouting personel, and a front office. Plus playing interest on debt, since all but 3 teams have debt of some kind.

HOTCARL_o · Post #33 » by **HOTCARL_o** » Sat Mar 15, 2008 9:16 pm

I voted for Reinsdorf, how can you be cheap when you're in a big market like Chicago and you still manage to sellout games when the team sucks he even raised ticket prices and people still attend games. Not to mention the profit he makes off merchandise around the world. The other owners you mentioned are small market cities and the Clippers won't ever gain a solid fanbase like the Lakers.

lukeridenour · Post #34 » by **lukeridenour** » Sun Mar 16, 2008 12:31 am

Buckeye-NBAFan wrote:-= original quote snipped =-

Ya, seriously. If San Antonio spent well into the luxury tax and had a fluke year where they didn't make the playoffs, they'd start losing $20 million a year. I guess some people don't understand the concept of small market team.

The Spurs and Cavs were an exception last year because of playoff revenue. If the Spurs didn't have that playoff revenue, they'd be sitting with the Bobcats and Hawks of the world at $100M in revenue. If you're spending into the luxury tax ($70M+), you're spending almost your entire revenue on players, when you need coaches, scouting personel, and a front office. Plus playing interest on debt, since all but 3 teams have debt of some kind.

good post, im a spurs fan and i always call holt cheap for avoiding the luxury because we would give away or avoid drafting good players to save money, but i never saw it the way you put it. opens up my perspective on this situation so thanks.

Cheapest NBA owner?

Cheapest Owner