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re: Ballmer's bid for the Clippers: Investment, Trade or Expensive Toy?

Posted on 6/11/14 at 7:10 pm to
Posted by MikeD
Baton Rouge
Member since Jan 2004
7280 posts
Posted on 6/11/14 at 7:10 pm to
Heard a theory that he could buy the Staples Center, which would improve a bad lease for them. Or could buy the LA Kings and Staples Center, then start a TV network.

I think it is a combo of both.
Posted by barry
Location, Location, Location
Member since Aug 2006
50361 posts
Posted on 6/11/14 at 7:44 pm to
Conventional valuation doesn't apply

There are 32 business you can buy. That has a vert HIGH chance of not changing anytime soon. Hell there is more chance of contraction than expansion.

A franchise comes on the market maybe once every 2 years. A franchise in a major metropolitan area, every decade or two. If you want a franchise of this location, you pay whatever it takes.
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