Michael Bloomberg Joins Lore/Rodriguez Ownership Group

[shrink]

Since people are being more mature when they disagree right now, I will post the following

Do you guys understand why the NBA approved the Sonics move to OKC, a micro-market a third the size of Seattle, in a move that upset many NBA fans?

Spoiler:

There is a misconception that the Board of Governors acts in the best interests of the NBA, when the truth is that its members act in their own personal self-interest. Overall, it’s healthier for the NBA to be in the bigger markets, because the more fans, the more the image of the NBA rises and the 30 owners see a small profit to all the teams. However, more important than a minor rise in revenues is that each of these owners sunk a huge chunk of money into owning a team. Owners who not want to be told what to do with their asset, and if they vote to restrict one owner, another might block them next time. On top of this, other owners benefited by allowing one team to call a city’s bluff when they didn’t come up with the funds for a new, money-making arena. Now, when the other 29 owners go to the public for funds, the threat to “pay up or we’ll move” looks a lot more serious, especially when tiny markets might get your team. The NBA is not going to save you. The bottom line here is that owners are going to vote in their own self-interest over league interest, and protect the value and flexibility of their own franchises.

[BlacJacMac]

Since people are being more mature when they disagree right now, I will post the following

Do you guys understand why the NBA approved the Sonics move to OKC, a micro-market a third the size of Seattle, in a move that upset many NBA fans?

Spoiler:

There is a misconception that the Board of Governors acts in the best interests of the NBA, when the truth is that its members act in their own personal self-interest. Overall, it’s healthier for the NBA to be in the bigger markets, because the more fans, the more the image of the NBA rises and the 30 owners see a small profit to all the teams. However, more important than a minor rise in revenues is that each of these owners sunk a huge chunk of money into owning a team. Owners who not want to be told what to do with their asset, and if they vote to restrict one owner, another might block them next time. On top of this, other owners benefited by allowing one team to call a city’s bluff when they didn’t come up with the funds for a new, money-making arena. Now, when the other 29 owners go to the public for funds, the threat to “pay up or we’ll move” looks a lot more serious, especially when tiny markets might get your team. The NBA is not going to save you. The bottom line here is that owners are going to vote in their own self-interest over league interest, and protect the value and flexibility of their own franchises.

On the other hand, current estimates are an expansion team will cost upwards of 6 Billion dollars.

My guess is that there would be 29 owners in favor of splitting that expansion money over a team relocating...

[shrink]

Since people are being more mature when they disagree right now, I will post the following

Do you guys understand why the NBA approved the Sonics move to OKC, a micro-market a third the size of Seattle, in a move that upset many NBA fans?

Spoiler:

There is a misconception that the Board of Governors acts in the best interests of the NBA, when the truth is that its members act in their own personal self-interest. Overall, it’s healthier for the NBA to be in the bigger markets, because the more fans, the more the image of the NBA rises and the 30 owners see a small profit to all the teams. However, more important than a minor rise in revenues is that each of these owners sunk a huge chunk of money into owning a team. Owners who not want to be told what to do with their asset, and if they vote to restrict one owner, another might block them next time. On top of this, other owners benefited by allowing one team to call a city’s bluff when they didn’t come up with the funds for a new, money-making arena. Now, when the other 29 owners go to the public for funds, the threat to “pay up or we’ll move” looks a lot more serious, especially when tiny markets might get your team. The NBA is not going to save you. The bottom line here is that owners are going to vote in their own self-interest over league interest, and protect the value and flexibility of their own franchises.

On the other hand, current estimates are an expansion team will cost upwards of 6 Billion dollars.

My guess is that there would be 29 owners in favor of splitting that expansion money over a team relocating...

Nothing stops them from doing both.

It’s a crazy number though, right? I’ve heard it might even be $7 bil from Vegas, and they might pay it. I would question whether any other cities can pay that, including Seattle. And that’s just the league fee, not paying players, building a company, building an arena .. starting off at negative $7 billion! This could kill future expansion, if that’s the price tag.

[thinktank]

Did anyone listen to AP Guy on Moore’s show?

If not, why not?

If yes, well? The guy is convinced Wolves ain’t moving!

Who knows more than him?

None of us.

[thinktank]

“Despite ongoing paranoia among Minnesotans about outside owners moving the franchise, there is no evidence that Lore and Rodriguez are interested in doing so, or that the league has any interest relocating a thriving franchise and giving up the payday of an expansion fee in a new NBA city.”

https://m.startribune.com/minnesota-timberwolves-wild-sports-rivalry-jim-souhan/600373691/

“Paranoia”

I vote we move conversation away from paranoia.

[Nick K]

So Duluth will truly be the San Francisco of the Midwest once we warm up 10 degrees?

No Duluth just isn’t as disaster prone because of climate change. You won’t see wet bulb temperatures as often as the south, and you won’t see fires as much as the Mountain West. So cost of living will likely be much lower just for insurance costs.

You will have an easier time talking to a scientologist than a climate cultist.
My god read what you are writing.
My favorite part was when Greta Thunberg tweeted in 2018 that the earth was ending in 5 years.
She must have been listening to a lot of David Bowie music that day (great song).
California has major fire problems partly because the environmentalists won't let them manage their forests.
That's what happens with one party rule. It will happen here too if one party rule lasts another cycle or two.

It's not like people in the south and west haven't been dealing with heat and water issues for thousands of years.
It's just that for most of human history those areas have been very sparsely populated.
Because they weren't meant to be heavily populated.

We are at the mercy of forces unthinkable magnitudes greater than ourselves and our ability to impact the universe.
The sun (flaming ball of nuclear fusion about 1.3 million times the volume of earth) flips its magnetic axis every 11 years which causes ebbs and flows of solar radiation and activity.
We are currently at the peak activity level of that cycle.

The earth's magnetic poles drift about 35 miles a year and over just the last 200 years magnetic north has moved from Canada to Greenland to Siberia.
It does this because of fluctuations in the density of the giant spinning ball of liquid metal 2000 miles below the surface we call the core.
Earth's magnetic field is also what protects us from solar radiation and all sorts of other bad things, and small fluctuations in the magnetic field can have measurable consequences.

Earth will die and be reborn many more times with and without our help before the sun dies.
That's why the smart people with the big money are putting it into trying to make humans a space faring species at the moment.
We were literally in an ice age just 10,000 years ago where the mean temp dipped 11 degrees. Without our influence.
We are a happy little accident.

There are a lot of legitimate things in the environment to be concerned about (depleting aquifers, deforestation, plastic in the ocean to name a few), but Carbon hysteria is an absolute Grift that has the added side effect of forcing billions of people into poverty, which allows collectivists of all brands and stripes to grab more and more power as they sell themselves as the solution to the poverty they created.
Fracking bad but lithium strip mine good.
Pipeline bad but Warren Buffett diesel powered railroad good.

You don't like carbon dioxide in the atmosphere? Plant a tree it literally eats carbon dioxide.
We should be planting trees as quickly as we can grow them, they are amazing and wonderful for so many different reasons.

Anyway, this thread got derailed because I responded to a ridiculous assertion that the Minnesota market was going to blow up because climate change will make most other places suck, and for that I apologize.

Thank You! Nailed it.

[Nick K]

Sure, they could stay in their country with higher murder rates, significantly worse living conditions, worse educational services, worse healthcare [US isn't dead last in Healthcare ], non-democratic government, ect.

What an elitist attitude.
Many Latin American immigrants I talk to love their home countries.
They go back on vacation when they get time off.

But they are here because there is still opportunity left here that socialism destroyed in their home country.
Socialist governments in nearly every country south of the USA, for decades, but it's the lack of education, housing, and healthcare that makes people leave en masse?

The great bargain of America was that you got to have your own little corner of it.
Own a home, start a family, be self sufficient.
If you have something to lose, to protect, you are much much less likely to harm your neighbor or break the law.
This concept is the cornerstone of western civilization.

A big problem in the US today is that this is becoming harder and harder to obtain and keep, and many people really don't have much to lose. And the government providing you with enough to get by, doesn't give you anything to have as your own.
It's becoming almost impossible right now for the average person to buy a house.

When people come here, they should have the a chance to earn that American dream, and when they are lured here to come illegally with false promises of that, to me it is very sad.

Unless you have very special skills, you will never be able to negotiate a raise in your standard of living from your boss if there are people ready and willing to replace you.
And that is the whole point from an economic perspective of the politicians and big business that have pushed immigration for decades.

WOW! So right again.

[Colbinii]

Sure, they could stay in their country with higher murder rates, significantly worse living conditions, worse educational services, worse healthcare [US isn't dead last in Healthcare ], non-democratic government, ect.

What an elitist attitude.
Many Latin American immigrants I talk to love their home countries.
They go back on vacation when they get time off.

But they are here because there is still opportunity left here that socialism destroyed in their home country.
Socialist governments in nearly every country south of the USA, for decades, but it's the lack of education, housing, and healthcare that makes people leave en masse?

The great bargain of America was that you got to have your own little corner of it.
Own a home, start a family, be self sufficient.
If you have something to lose, to protect, you are much much less likely to harm your neighbor or break the law.
This concept is the cornerstone of western civilization.

A big problem in the US today is that this is becoming harder and harder to obtain and keep, and many people really don't have much to lose. And the government providing you with enough to get by, doesn't give you anything to have as your own.
It's becoming almost impossible right now for the average person to buy a house.

When people come here, they should have the a chance to earn that American dream, and when they are lured here to come illegally with false promises of that, to me it is very sad.

Unless you have very special skills, you will never be able to negotiate a raise in your standard of living from your boss if there are people ready and willing to replace you.
And that is the whole point from an economic perspective of the politicians and big business that have pushed immigration for decades.

WOW! So right again.

Not really. Globalization is making most jobs not given to immigrants, but given to countries like India and Vietnam. I work for one of U.K.'s biggest employers, and our U.S. Team is shrinking and the reason is not because we are hiring Immigrants in the USA, it is because we are off-shoring low-skilled positions to India.

When you look at all the major corporations in the US, a majority of them are using Globalization--not immigration--to supplement lower-paid workers for lower-skilled jobs. Yes, some companies still hire immigrants, but a majority of major companies in the US
have identified and moved forward with developing low-skill workers overseas.

[Nick K]

What an elitist attitude.
Many Latin American immigrants I talk to love their home countries.
They go back on vacation when they get time off.

But they are here because there is still opportunity left here that socialism destroyed in their home country.
Socialist governments in nearly every country south of the USA, for decades, but it's the lack of education, housing, and healthcare that makes people leave en masse?

The great bargain of America was that you got to have your own little corner of it.
Own a home, start a family, be self sufficient.
If you have something to lose, to protect, you are much much less likely to harm your neighbor or break the law.
This concept is the cornerstone of western civilization.

A big problem in the US today is that this is becoming harder and harder to obtain and keep, and many people really don't have much to lose. And the government providing you with enough to get by, doesn't give you anything to have as your own.
It's becoming almost impossible right now for the average person to buy a house.

When people come here, they should have the a chance to earn that American dream, and when they are lured here to come illegally with false promises of that, to me it is very sad.

Unless you have very special skills, you will never be able to negotiate a raise in your standard of living from your boss if there are people ready and willing to replace you.
And that is the whole point from an economic perspective of the politicians and big business that have pushed immigration for decades.

WOW! So right again.

Not really. Globalization is making most jobs not given to immigrants, but given to countries like India and Vietnam. I work for one of U.K.'s biggest employers, and our U.S. Team is shrinking and the reason is not because we are hiring Immigrants in the USA, it is because we are off-shoring low-skilled positions to India.

When you look at all the major corporations in the US, a majority of them are using Globalization--not immigration--to supplement lower-paid workers for lower-skilled jobs. Yes, some companies still hire immigrants, but a majority of major companies in the US
have identified and moved forward with developing low-skill workers overseas.

I do agree with you from that POV. And that is why globalization overall is bad for America. Global elites are taking over the world. Immigration just worsens our situation. Letting all of these people in is unsustainable and devastating for our country.

[thinktank]

WOW! So right again.

Not really. Globalization is making most jobs not given to immigrants, but given to countries like India and Vietnam. I work for one of U.K.'s biggest employers, and our U.S. Team is shrinking and the reason is not because we are hiring Immigrants in the USA, it is because we are off-shoring low-skilled positions to India.

When you look at all the major corporations in the US, a majority of them are using Globalization--not immigration--to supplement lower-paid workers for lower-skilled jobs. Yes, some companies still hire immigrants, but a majority of major companies in the US
have identified and moved forward with developing low-skill workers overseas.

I do agree with you from that POV. And that is why globalization overall is bad for America. Global elites are taking over the world. Immigration just worsens our situation. Letting all of these people in is unsustainable and devastating for our country.

The U.S. economy is the best in the world and immigration is a significant factor as to why.

Birth rates are declining and the U.S. needs workers.

I type this as I’m sitting in my Honduran bro-in-laws new place he just renovated in Louisiana. He started a business with just interior painting and now he’s building and renovating entire homes. New business benefits us all.

Don’t be scared. Embrace the progress!

[Colbinii]

WOW! So right again.

Not really. Globalization is making most jobs not given to immigrants, but given to countries like India and Vietnam. I work for one of U.K.'s biggest employers, and our U.S. Team is shrinking and the reason is not because we are hiring Immigrants in the USA, it is because we are off-shoring low-skilled positions to India.

When you look at all the major corporations in the US, a majority of them are using Globalization--not immigration--to supplement lower-paid workers for lower-skilled jobs. Yes, some companies still hire immigrants, but a majority of major companies in the US
have identified and moved forward with developing low-skill workers overseas.

I do agree with you from that POV. And that is why globalization overall is bad for America. Global elites are taking over the world. Immigration just worsens our situation. Letting all of these people in is unsustainable and devastating for our country.

There are logical fixes to this.

UBI - Universal Basic Income
Free Post-Secondary Education and Trade Schools - Allows underprivileged and the bottom 25% of the US to earn degrees for high-paying jobs, which helps circulate the money into area of need
Higher Taxes on the Super Rich, lower Taxes on the Middle Class - Unfortunately, the last legislation passed for Taxes under Trump [Which runs through 2027], lowered the Taxes on the Super Rich and raised taxes on the middle class

[Klomp]

We're almost on our way to having another ownership thread locked, I fear....

[KGdaBom]

Well I knew the posts would get more silly by the day, but Taylor defenders complaining about illegal immigration in this thread wasn't on my bingo card.

A. I don’t think there are any “Taylor defenders.” Being worried about the Lore group does not make anyone a Taylor defender.

B. You think someone bringing up “Climate Change” is better?

Let’s all get out of politics in this thread.

A. You know we can see your stances on this board right?

B. The only way you could take "Minnesota is well suited to attract people because of climate change" as political, is if you are stupid and don't think climate change is real.

C. If your then response is to complain about democrats allowing illegal immigrants to rob your house, you should just take a break from consuming politics and touch some grass. Which you should be thankful you live in a state well suited to grow grass despite climate change.

Climate change is real. It's been real for millions of years. If you choose to believe in climate change the way Al Gore defined it, I don't know how many years ago, but we would all be dead already and even if we weren't it would be too late for us to do anything about it.

[KGdaBom]

If Bloomberg is a scumbag I'd rather not have him involved. I don't personally know if he is or isn't.

[Mattya]

A. I don’t think there are any “Taylor defenders.” Being worried about the Lore group does not make anyone a Taylor defender.

B. You think someone bringing up “Climate Change” is better?

Let’s all get out of politics in this thread.

A. You know we can see your stances on this board right?

B. The only way you could take "Minnesota is well suited to attract people because of climate change" as political, is if you are stupid and don't think climate change is real.

C. If your then response is to complain about democrats allowing illegal immigrants to rob your house, you should just take a break from consuming politics and touch some grass. Which you should be thankful you live in a state well suited to grow grass despite climate change.

Climate change is real. It's been real for millions of years. If you choose to believe in climate change the way Al Gore defined it, I don't know how many years ago, but we would all be dead already and even if we weren't it would be too late for us to do anything about it.

They just keep exposing themselves.

[KGdaBom]

A. You know we can see your stances on this board right?

B. The only way you could take "Minnesota is well suited to attract people because of climate change" as political, is if you are stupid and don't think climate change is real.

C. If your then response is to complain about democrats allowing illegal immigrants to rob your house, you should just take a break from consuming politics and touch some grass. Which you should be thankful you live in a state well suited to grow grass despite climate change.

Climate change is real. It's been real for millions of years. If you choose to believe in climate change the way Al Gore defined it, I don't know how many years ago, but we would all be dead already and even if we weren't it would be too late for us to do anything about it.

They just keep exposing themselves.

Yep I'm exposing myself to believing in proven facts. Climate change which Gore called Global Warming has been going on for millions of years. Al Gore presented the global warming crisis as so severe that if we didn't change all our practices worldwide to pretty much no Carbon emissions within about 5 years of his An Inconvenient Truth it would be too late. So either it is too late or Gore was full of Sheet.

[Mattya]

Climate change is real. It's been real for millions of years. If you choose to believe in climate change the way Al Gore defined it, I don't know how many years ago, but we would all be dead already and even if we weren't it would be too late for us to do anything about it.

They just keep exposing themselves.

Yep I'm exposing myself to believing in proven facts. Climate change which Gore called Global Warming has been going on for millions of years. Al Gore presented the global warming crisis as so severe that if we didn't change all our practices worldwide to pretty much no Carbon emissions within about 5 years of his An Inconvenient Truth it would be too late. So either it is too late or Gore was full of Sheet.

[youtube]https://youtu.be/0AW4nSq0hAc?si=ifJ_umGsfjj_Jczb[/youtube]

[Nick K]

Not really. Globalization is making most jobs not given to immigrants, but given to countries like India and Vietnam. I work for one of U.K.'s biggest employers, and our U.S. Team is shrinking and the reason is not because we are hiring Immigrants in the USA, it is because we are off-shoring low-skilled positions to India.

When you look at all the major corporations in the US, a majority of them are using Globalization--not immigration--to supplement lower-paid workers for lower-skilled jobs. Yes, some companies still hire immigrants, but a majority of major companies in the US
have identified and moved forward with developing low-skill workers overseas.

I do agree with you from that POV. And that is why globalization overall is bad for America. Global elites are taking over the world. Immigration just worsens our situation. Letting all of these people in is unsustainable and devastating for our country.

There are logical fixes to this.

UBI - Universal Basic Income
Free Post-Secondary Education and Trade Schools - Allows underprivileged and the bottom 25% of the US to earn degrees for high-paying jobs, which helps circulate the money into area of need
Higher Taxes on the Super Rich, lower Taxes on the Middle Class - Unfortunately, the last legislation passed for Taxes under Trump [Which runs through 2027], lowered the Taxes on the Super Rich and raised taxes on the middle class

That's all fine if you want Marxist socialism. That is the opposite of what made our country great and the beacon for the world. I'd like to go back to the old America. Regards.

[Worm Guts]

You can trust climate scientists or you can trust the people trying to sell oil. I know the oil companies are telling you something way more convenient.