Nothing is certain but death, taxes, and the Magic trading 2nd rd picks... WTF

[drsd]

VALUE dude. VALUE. If you want to trade the pick, fine. But the pick before us yielded TWO future 2nd rd picks.

Think of this from Ownership's perspective. Cash-considerations is a very valuable asset.


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[Xatticus]

VALUE dude. VALUE. If you want to trade the pick, fine. But the pick before us yielded TWO future 2nd rd picks.

Think of this from Ownership's perspective. Cash-considerations is a very valuable asset.


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Yeah... but we aren't owners. We are fans. From our perspectives, this is just a bribe. It does nothing to help the franchise compete on a basketball floor.

[drsd]

VALUE dude. VALUE. If you want to trade the pick, fine. But the pick before us yielded TWO future 2nd rd picks.

Think of this from Ownership's perspective. Cash-considerations is a very valuable asset.


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Yeah... but we aren't owners. We are fans. From our perspectives, this is just a bribe. It does nothing to help the franchise compete on a basketball floor.

In (soccer) football, Cash-considerations is kind of an intermediary in player trades. In the NBA, the real value of a team is its growth over time (there is always another Billionaire who wants a toy). So taking "small" losses is fine, so long as the Pizza-vendor gets paid. Caps and NBA tax lines are actually quite pointless. If the Warriors are 50M over the cap, so what. The owner will recoup that in full when the team gets sold.

Buy an NBA team today for $2,000,000,000.00 and in 20 years it will be worth at least $4,000,000,000.00. Excluding inflation, that is something like a 1900 million dollar profit over that time interval and is a 95M profit per year; which is magically about two-fold over what the Warriors are "losing" every year. For the Magic basically breaking even every year, that is hard cash for ownership. Stated another way, the Magic as an investment is for the Devos family something that rivals actually owning Amway.


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