musiqsoulchild wrote:johnnyvann840 wrote:ATRAIN53 wrote:Think of it like a long marriage that has just gotten STALE
new owner would breathe some life into the franchise, maybe be some charasmatic guy who like to do interviews.
If they spend 4 billion on the team - they will want that playoff revenue bad. Maybe we got "A Process" going.
It's never going to happen so it's really not worth discussing.
He has no compelling reason to sell.
There is a whole generation of Reinsdorfs ready to take the helm.
Stale is the word I've been using for the last five years.
Agree, it's tough to compete on the court with team owners who really don't care about the balance sheet. Truth is that none of these owners should care that much about operating costs. It's a pittance when compared to the equity inceases of these teams. I mean, FFS, the Bulls are worth damn near $3 BILLION. Reinsdorf got ownership and control of the team for $9.2 MILLION (wound up paying a total of $16 million). Well, a billion is ONE THOUSAND MILLION. Let that marinate. The Bulls have increased in value 18,650% since Reinsorf bought the team (the percentage increase of $16M to $3B) .... yeah, not a typo, that is eighteen thousand six hundred fifty percent (has to be put into words to be comprehended).
Johnny, this is patently untrue. How is an equity increase going to pay for anything?
You cant pay salaries with that.
Valuations are just that - they are not real money. Net Income after Operations - thats the prize. And keeping that high, keeps the valuations high.
No, the PRIZE is in the VALUATION. These are highly liquid assets that would have people lined up to buy them and we are talking about what $50 million or even $100 million in net income. That is NOTHING!!!. It's not like these team owners are struggling to make payroll or losing money. Even if their operation losses were significant, they are still NOTHING compared to the real PRIZE which is what they could cash out for at any given time.