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The Pelicans are the least valuable franchise in the NBA
Posted on 1/18/21 at 12:09 pm
Posted on 1/18/21 at 12:09 pm
Just released today
https://www.sportico.com/valuations/teams/2021/2021-nba-franchise-valuations-ranking-1234620543/
It’s amazing how the Knicks have sucked for so long. I honestly forget they’re even in the NBA.
https://www.sportico.com/valuations/teams/2021/2021-nba-franchise-valuations-ranking-1234620543/
It’s amazing how the Knicks have sucked for so long. I honestly forget they’re even in the NBA.
Posted on 1/18/21 at 12:11 pm to PrimeTime Money
So technically if I hit the MegaMillions AND Powerball I can buy controlling shares of the Pelisons?
Posted on 1/18/21 at 12:12 pm to PrimeTime Money
I know exactly how much my team is worth, its worthless. -Michael Scott
This post was edited on 1/18/21 at 3:27 pm
Posted on 1/18/21 at 12:19 pm to PrimeTime Money
Bought for $338 million to current value of $1.35B- Who cares if they are the least valuable franchise?
Posted on 1/18/21 at 12:33 pm to mark65mc
quote:That's one hell of a return. Kind of like buying a football team for about $70 million and it being worth over $2.5 billion now.
Bought for $338 million to current value of $1.35B- Who cares if they are the least valuable franchise?
Posted on 1/18/21 at 12:40 pm to PrimeTime Money
I guarantee the Pelicans are worth more if the buyer is allowed to move the franchise. Nice return on investment for Gayle though.
Posted on 1/18/21 at 1:17 pm to PrimeTime Money
I mean—why wouldn’t we expect to be last?
a team in Mississippi is prob the only team we’d be ahead of
a team in Mississippi is prob the only team we’d be ahead of
Posted on 1/18/21 at 1:34 pm to PrimeTime Money
I'm always surprised how the Phoenix teams aren't more valuable. Huge city and all the teams seem mid-market at best.
Posted on 1/18/21 at 1:53 pm to Parrish
If the team was truly on the market, I’d bet they would easily sell for over $2B considering the fact we have Zion (one of the most universally beloved athletes in sports- except on this board lol) and the limited opportunities out there to actually buy an NBA franchise.
Posted on 1/18/21 at 2:48 pm to PrimeTime Money
quote:Thanks Latoya...
The Pelicans are the least valuable franchise in the NBA
Posted on 1/18/21 at 4:12 pm to mark65mc
quote:
Bought for $338 million to current value of $1.35B- Who cares if they are the least valuable franchise?
Over the course of only 8 years, too
Posted on 1/18/21 at 6:48 pm to 3PieceSpicy
Only if the new owners can move them..
Posted on 1/18/21 at 7:30 pm to PrimeTime Money
Figured we'd at least be above the Hornets.
Posted on 1/18/21 at 8:54 pm to GOP_Tiger
quote:
Charlotte is number 21, by the way.
Yea I was surprised to see the hornets so low in valuation. Charlotte is a nice city that is exploding with growth.
Posted on 1/18/21 at 10:17 pm to PrimeTime Money
Who gives a freak. Benson bought team for less then 400 million if I am correct.
Posted on 1/19/21 at 9:24 pm to GOP_Tiger
quote:and Green Bay, and don’t tell me they are in Milwaukee’s market, they aren’t
Out of 52 media markets for US pro sports teams, New Orleans ranks 50, with only Memphis and Buffalo as smaller markets
Posted on 1/19/21 at 10:23 pm to bee Rye
quote:
Green Bay, and don’t tell me they are in Milwaukee’s market, they aren’t
I won't tell you, but:
-- the season tickets for four games on their home schedule are held by folks from Milwaukee;
-- this goes back to when they split their home schedule between Green Bay and Milwaukee;
-- which they did for most of their existence (1933-1994).
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