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re: Steve Ballmer to buy Los Angeles Clippers for NBA-record $2 billion
Posted on 5/29/14 at 9:51 pm to Navytiger74
Posted on 5/29/14 at 9:51 pm to Navytiger74
Your arguments are thosefof a moron.
He made some racist statements, and DOUBLED his net worth. Sold an asset for THREE times its value.
green is the only color that matters...He fricking won
He made some racist statements, and DOUBLED his net worth. Sold an asset for THREE times its value.
green is the only color that matters...He fricking won
2
Posted on 5/29/14 at 9:51 pm to cwill
quote:
Only a moron would believe this. He desperately wants to hold onto the team. 2B or 4B at 80 - what does it matter. It's why balmer is wildly over paying - it's not about the money or investment value, it's about ego and the joy of owning a sports team.
I heard on the radio today that his wife wants to sell, but he wants to fight it?
Posted on 5/29/14 at 9:51 pm to CptBengal
The team is worth what the market will pay for it. Come on, that 's Econ 101. I don't expect a dipshit chip salesman to know that, but I know you do.
I'd also be interested in your thoughts on the Forbes article posted.
I'd also be interested in your thoughts on the Forbes article posted.
Posted on 5/29/14 at 9:51 pm to SavageOrangeJug
Why laugh at silver and lebron - it's a great outcome for them. Increases perceived value of the league and provides lebron with more leverage in his next contract negotiation. Damn, with your economic sense you will fit in well at your govt job!
Posted on 5/29/14 at 9:52 pm to boosiebadazz
Another interesting factoid:
The Madison Square Garden Company has a market cap of $4.1 billion. Forbes values the Knicks at $1.4 billion and the Rangers at $850 million. That adds up to $2.25 billion valuation between the two.
They also own:
Madison Square Garden
Radio City Music Hall
Beacon Theatre
Chicago Theatre
The Great Western Forum
New York Liberty
Hartford Wolf Pack
Are the rest of MSG's portfolio worth $2 billion? Maybe, maybe not. If not, then Forbes has undervalued the Knicks/Rangers to be on the safe side.
The Madison Square Garden Company has a market cap of $4.1 billion. Forbes values the Knicks at $1.4 billion and the Rangers at $850 million. That adds up to $2.25 billion valuation between the two.
They also own:
Madison Square Garden
Radio City Music Hall
Beacon Theatre
Chicago Theatre
The Great Western Forum
New York Liberty
Hartford Wolf Pack
Are the rest of MSG's portfolio worth $2 billion? Maybe, maybe not. If not, then Forbes has undervalued the Knicks/Rangers to be on the safe side.
Posted on 5/29/14 at 9:52 pm to cwill
quote:
Only a moron would believe this. He desperately wants to hold onto the team. 2B or 4B at 80 - what does it matter. It's why balmer is wildly over paying - it's not about the money or investment value, it's about ego and the joy of owning a sports team.
This will fly over many "I make $130,000 a year so I understand real money" heads. Again and again.
Posted on 5/29/14 at 9:53 pm to cwill
quote:
Only a moron would believe this.
Only a fricking moron would try to spin it that he is losing.
He turned this around you libs. He is laughing all the way to the bank.
You all thought Oprah or some POS rapper would get the team for a song. All you got was another rich White man as an NBA owner.
Posted on 5/29/14 at 9:53 pm to cwill
He didn't own the team...the trust did. His family, ALL of them. They won.
But he's a racist...lolololololol
But he's a racist...lolololololol
Posted on 5/29/14 at 9:55 pm to CptBengal
quote:
He made some racist statements, and DOUBLED his net worth. Sold an asset for THREE times its value. green is the only color that matters...He fricking won
Comments you'd expect from someone with no real world experience.
Posted on 5/29/14 at 9:55 pm to cwill
You really are an idiot..this didn't change any other franchise valuation, or leFlops.
Sterlings team of attorneys just showed how the game is really played...He wins money, you win an attaboy. Lol
Sterlings team of attorneys just showed how the game is really played...He wins money, you win an attaboy. Lol
Posted on 5/29/14 at 9:55 pm to CptBengal
The real question to ask is whether or not Sterling would be able to fetch $2 billion if he were to sell his team (without being forced to)? I think he still would be able to do so. I'm not sure how he being forced to sell the team affects demand.
Posted on 5/29/14 at 9:56 pm to boosiebadazz
quote:
The team is worth what the market will pay for it.
Come on, that 's Econ 101. I don't expect a dipshit chip salesman to know that, but I know you do. I'd also be interested in your thoughts on the Forbes article posted.
Well, for one I don't sell chips, but it probably pays more than a flat-billed loser like you who is on here 24/7 will ever make.
You just want Sterling to lose. HE DO NOT! He is even richer.
You're a fricking loser like your idol.
This post was edited on 5/29/14 at 10:03 pm
Posted on 5/29/14 at 9:57 pm to cwill
Y'all me, please, how this makes the nba more valuable...
It doesn't, it won't. Nothing changes. But y'all got him, he's a racist!
Lololol
It doesn't, it won't. Nothing changes. But y'all got him, he's a racist!
Lololol
Posted on 5/29/14 at 9:57 pm to CptBengal
quote:
He didn't own the team...the trust did. His family, ALL of them. They won.
I'm sure his family is pleased, he is not.
Posted on 5/29/14 at 9:58 pm to cwill
quote:
Comments you'd expect from someone with no real world experience.
Tell us about your real world billion dollar dealings from your little cubicle in the 'office tower'.
Posted on 5/29/14 at 9:58 pm to CptBengal
quote:
Your arguments are thosefof a moron. He made some racist statements, and DOUBLED his net worth. Sold an asset for THREE times its value. green is the only color that matters...He fricking won
Most haven't been around long enough to remember something a great poster once wrote to you on the rant. It was "Justme" and he humbly requested that you, "for the love of God, don't ever stop posting." I wouldn't go that far, but I'm getting there.
Posted on 5/29/14 at 9:58 pm to Anfield Road
The team was valued at 700 million. No way he ever gets 2 billion.
The fricking Yankees aren't valued at 2 billion.
The fricking Yankees aren't valued at 2 billion.
Posted on 5/29/14 at 9:59 pm to CptBengal
So did being forced to sell his team affect demand? That doesn't make any sense.
Posted on 5/29/14 at 10:00 pm to CptBengal
quote:
Y'all me, please, how this makes the nba more valuable...
Perceived value...plays into tv negotiations and player contracts.
It's hilarious that the two dudes living off gov largesse are arguing with people over pvt sector economics and incents.
Posted on 5/29/14 at 10:01 pm to Navytiger74
Dude, I just left a gallery show...bought a wonderful piece...and on the way back my hedge fund brother called laughing. That's how I found out.
Nobody with any economic sense thinks the team is worth two billion.
Nobody.
That was the cost to make him go away because he was gonna burn the NBA to the ground in litigation.
He fricking won, by just pointing the gun.
Nobody with any economic sense thinks the team is worth two billion.
Nobody.
That was the cost to make him go away because he was gonna burn the NBA to the ground in litigation.
He fricking won, by just pointing the gun.
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