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Pelicans Value
Posted on 5/17/19 at 8:46 am
Posted on 5/17/19 at 8:46 am
Talked to a friend whose job is to evaluate sports franchise value (amongst other things) and he said that his evaluation of Pels before lott would be 1.2 mil
Now, it is 1.6 billion but wouldn't be shocked if someone would pay 2 billion for it based on future "blue sky" potential
Those ping pong balls just made the value of the franchise go up 400-800 million
This further reinforces my point that they should spare no cost for every possible available resource to ensure Zion reaches max potential.
Now, it is 1.6 billion but wouldn't be shocked if someone would pay 2 billion for it based on future "blue sky" potential
Those ping pong balls just made the value of the franchise go up 400-800 million
This further reinforces my point that they should spare no cost for every possible available resource to ensure Zion reaches max potential.
5
Posted on 5/17/19 at 8:48 am to Crewz
1.2 bil*
That is pretty impressive. Franchise changing luck.
That is pretty impressive. Franchise changing luck.
Posted on 5/17/19 at 8:55 am to Crewz
Stocks... losses or gains... only realized if sold.
Posted on 5/17/19 at 8:56 am to Chad504boy
Incorrect. You can get loans based off evaluation of current assets. More money and/or lower rates
Posted on 5/17/19 at 9:02 am to Crewz
loans is still not money realized.
Posted on 5/17/19 at 9:08 am to Chad504boy
It is an asset that can get you more realized money very easily.
I don't get what your argument is here. Your saying it doesn't matter? It has little to no actual value? Those in a business who just had the valuation of their business go up nearly half a billion dollars overnight due to pure luck wouldn't be ecstatic and find ways to leverage that? They shouldn't invest millions of dollars to keep that valuation high or increase it?
I don't get what your argument is here. Your saying it doesn't matter? It has little to no actual value? Those in a business who just had the valuation of their business go up nearly half a billion dollars overnight due to pure luck wouldn't be ecstatic and find ways to leverage that? They shouldn't invest millions of dollars to keep that valuation high or increase it?
Posted on 5/17/19 at 9:11 am to Crewz
quote:
I don't get what your argument is here. Your saying it doesn't matter? It has little to no actual value? Those in a business who just had the valuation of their business go up nearly half a billion dollars overnight due to pure luck wouldn't be ecstatic and find ways to leverage that? They shouldn't invest millions of dollars to keep that valuation high or increase it?
what matters most should be the most immediate cash flow that Gayle should be getting with merchandise an attendance... the franchise value... easy come easy go... ask cavaliers. If she's not selling, i just don't think its a huge public bragging point about the franchise value having soared. Ok, it can help with financing costs... as a fan... woopty woooo. I am glad that this should be a more profitable business that Gayle should have NO QUALMS about the continuance of pouring in financial assets to the business.
Posted on 5/17/19 at 9:16 am to Chad504boy
You are missing the point. My point is that any business that was gifted an asset that increases evaluation 500 million - 1 billion dollars would then turn around and invest 100-300 million dollars, if not more, to ensure that asset is maxed out
That means adding to everything from staff to arena to international marketing to facilities, etc
And those things should make you excited as a fan. Its not a "bragging point" - its a reason to raise the budget on every single thing in and around the Pelicans organization.
That means adding to everything from staff to arena to international marketing to facilities, etc
And those things should make you excited as a fan. Its not a "bragging point" - its a reason to raise the budget on every single thing in and around the Pelicans organization.
Posted on 5/17/19 at 9:17 am to Crewz
I was actually thinking about this last night because I remember how much Lebron effected the Cavs value.
IF Zion turns out to be even remotely a Lebron level player in a few years and signs an extension, that valuation could increase by another 500-800 million.
Crazy.
IF Zion turns out to be even remotely a Lebron level player in a few years and signs an extension, that valuation could increase by another 500-800 million.
Crazy.
Posted on 5/17/19 at 9:22 am to Crewz
We were already doing half of these things. This obviously makes it all financially easier.
I dont' think the pels pour any of their own money into the arena. Not sure how that all gets negotiated. Our lease expires in 2024 so not sure how immediate we can do anything significant to SKC. Obviously helps big time with the sponsorship of arena maybe coming up.
there was already a reason and it was called self preservation and winning. we had to up our game to keep up with the Jones' of the NBA and fight off our bad reputation.
This isn't a fight with you, just the sole talking point of franchise value alone is all that to get excited about.
I dont' think the pels pour any of their own money into the arena. Not sure how that all gets negotiated. Our lease expires in 2024 so not sure how immediate we can do anything significant to SKC. Obviously helps big time with the sponsorship of arena maybe coming up.
quote:
its a reason to raise the budget on every single thing in and around the Pelicans organization.
there was already a reason and it was called self preservation and winning. we had to up our game to keep up with the Jones' of the NBA and fight off our bad reputation.
This isn't a fight with you, just the sole talking point of franchise value alone is all that to get excited about.
Posted on 5/17/19 at 9:28 am to Chad504boy
Don't mean any offense, but nobody who has ever run a business would think this way. This would triple to quadruple all budgets - even if I was already planning on spending on all these things, now I just spend this much more.
Its basic ROI. It really isn't an argument, so I will just leave this here to educate others, not really trying to sway you.
Its basic ROI. It really isn't an argument, so I will just leave this here to educate others, not really trying to sway you.
Posted on 5/17/19 at 9:28 am to Crewz
quote:All that stuff you said about a team of guys working just for Zion essentially...I don't even know why that's not standard for any top pick/elite prospect.
This further reinforces my point that they should spare no cost for every possible available resource to ensure Zion reaches max potential.
Would seem almost implausible if we did NOT do that for Zion.
Posted on 5/17/19 at 9:30 am to Chad504boy
Chad you are way off base here. Zion coming to the pelicans absolutely allows us to invest more money, knowing that the ROI will be significant going forward.
This is literally how any any business gets started and this is the blueprint of amazon.
This is literally how any any business gets started and this is the blueprint of amazon.
Posted on 5/17/19 at 9:40 am to Crewz
quote:
You can get loans based off evaluation of current assets
Especially when you inflate them.
Posted on 5/17/19 at 9:41 am to Crewz
“Gentry revealed that Griffin & Aaron Nelson, the Pelicans new Vice President of Player Care and Performance, submitted a plan to upgrade the teams facilities. The renovations, Gentry said, cost around $800,000. Benson rubber stamped it.”
Just the beginning....
Just the beginning....
Posted on 5/17/19 at 9:42 am to Chad504boy
quote:Not a stock. There is definitely value to an increased valuation of a business.
Stocks... losses or gains... only realized if sold.
Posted on 5/17/19 at 9:43 am to Chad504boy
quote:
what matters most should be the most immediate cash flow that Gayle should be getting with merchandise an attendance... the franchise value
Dear Chad,
Billionaires don't deal in cash. Cash flow is a millionaires game.
Posted on 5/17/19 at 9:48 am to Crewz
quote:
Don't mean any offense, but nobody who has ever run a business would think this way. This would triple to quadruple all budgets - even if I was already planning on spending on all these things, now I just spend this much more.
Its basic ROI. It really isn't an argument, so I will just leave this here to educate others, not really trying to sway you.
Ok. So let me know when the pelicans themselves spend this actual money/investment into the arena... which is arguable the most important upgrade and the literal house of our franchise. I'll sit, wait, and hope. But i guess you'll revert back to the chinese billboard investment.
This post was edited on 5/17/19 at 9:49 am
Posted on 5/17/19 at 9:49 am to Crewz
quote:
“Gentry revealed that Griffin & Aaron Nelson, the Pelicans new Vice President of Player Care and Performance, submitted a plan to upgrade the teams facilities. The renovations, Gentry said, cost around $800,000. Benson rubber stamped it.”
Yeah Joel Meyers let part of that slip on WWL the other day.
Great start.
Posted on 5/17/19 at 9:50 am to Fun Bunch
quote:
Yeah Joel Meyers let part of that slip on WWL the other day.
Great start.
per crewz, we should get word that it should now be a 2.4 million dollar upgrade. All of this was pre zion and probable no AD neither.
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