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Someone just paid $550m for the Milwaukee Bucks
Posted on 4/16/14 at 2:58 pm
Posted on 4/16/14 at 2:58 pm
2
Posted on 4/16/14 at 3:00 pm to RedRifle
I just read that and was going to post here. You have to think Benson is pretty happy with his purchase right now. I'm sure the Bucks sale definitely increased the Pelicans' value.
Posted on 4/16/14 at 3:02 pm to RedRifle
Benson bought low. Between the new CBA being favorable to owners and the league seeing a resurgence in popularity, team values have risen. On the plus side, if the money is flowing freely the owners are a lot more willing to throw the players a bone in 2017 when they can renegotiate the new CBA. So hopefully we won't see a work stoppage.
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