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Started By
Message
re: Jordan to sell majority stake in Hornets for $3,000,000,000
Posted on 6/18/23 at 10:47 pm to funnystuff
Posted on 6/18/23 at 10:47 pm to funnystuff
quote:
$3 billon dollar valuation, not $3 billion dollars.
How much he makes depends on what percent of the franchise he owns. If he owns 90%, yea, that’s one hell of a return. If he owns 10%, that’s not much better than a basic treasury bond
He owns 89.5%
1
Posted on 6/19/23 at 1:32 pm to sparkinator
quote:
Jordan to sell majority stake in Hornets for $3,000,000,000
O/U 1 year before he loses it all in Vegas?
Posted on 6/20/23 at 7:38 am to Chalkywhite84
quote:
He owns 89.5%
Not bad. I'd probably cash out too at that point.
Posted on 6/20/23 at 8:07 am to AnotherWin4LSU
quote:
O/U 1 year before he loses it all in Vegas?
Is there a way for us to gamble with (against) him?
Posted on 6/20/23 at 9:46 am to sparkinator
quote:
1031 exchange, my friend. 0%.
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