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re: Kings/Sonics Saga Update: Kings stay, Seattle shut out

Posted on 5/10/13 at 3:09 pm to
Posted by Fun Bunch
New Orleans
Member since May 2008
116309 posts
Posted on 5/10/13 at 3:09 pm to
Yeah it would either be Memphis or New Orleans.

This sale would single-handedly raise the value of all of their organizations. I'm shocked they are sticking with Sac.

If Sac moved to Seattle they wouldn't have to shift anyone.

If Milwaukee did there would have to be some serious shuffling.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 5/10/13 at 4:24 pm to
No, it just further proves the point that franchises aren't bought to make money, they're bought as playtoys of super rich people. This isn't a "valuation." Having worked on actual valuations for franchises and seen numerous actual major pro sports franchises financials, I can matter of factly tell you that purchase prices are normalized for (what we at least dubbed them) "luxury premiums."
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