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re: Okay, About Ownership
Posted on 3/1/11 at 8:31 am to VOR
Posted on 3/1/11 at 8:31 am to VOR
one problem is that the NBA likely has a price set, due to what they paid. it's going to be interesting to see how this plays out. there is a finite # of potential buyers (likely 2 groups, as of now), and unless they start competing to buy the team, they can just wait. will the NBA lower its price? who knows?
the absolute worst thing that can happen to this franchise is for another team to go under. that will drive down the prices, and if the NBA is serious about recouping its investment, it may be a long road
the absolute worst thing that can happen to this franchise is for another team to go under. that will drive down the prices, and if the NBA is serious about recouping its investment, it may be a long road
Posted on 3/1/11 at 9:01 am to SlowFlowPro
39% minority ownership that fits in with the culture of Chouest and Mo Bart is no easy task and probably the biggest obstacle to overcome.
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