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How much money did Dan Gilbert just lose?
Posted on 7/1/18 at 7:31 pm
Posted on 7/1/18 at 7:31 pm
The valuation on that franchise just tanked.
This post was edited on 7/1/18 at 7:32 pm
Posted on 7/1/18 at 7:32 pm to JohnnyKilroy
Wouldn’t Be surprised if he commits suicide later down the road
Posted on 7/1/18 at 7:32 pm to MF Doom
Should a sold out last year... Franchise just lost half its value.
Posted on 7/1/18 at 7:34 pm to brgfather129
I’m not sure he actually lost that much other than resale value. The luxury tax if lebron states would have been $140m
Posted on 7/1/18 at 7:35 pm to SpanishFortTiger
I'm talking more about the value of the franchise. It's been long documented that the cavs, and the city of Cleveland generate a ton of money off LeBron alone.
Posted on 7/1/18 at 8:27 pm to St Augustine
If the Clippers who are the ultimate second banana are worth 1 billion dollars, the Cavs are worth that much without LBJ given the tv contracts the NBA has.
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