Clippers Will Bring $2 Billion

[Dawgswin]

Originally Posted by Cannon Shell

Owners NEVER lose money on pro sports franchises. Whatever they pay won't really matter because teams always appreciate in value.

Kind of makes you think the players union got played during the last lockout when so many owners were crying that they were losing money. The Bucks sold for $550,000,000 with a decrepit arena, no stars in the countries 39th largest market.

Don't forget that almost ALWAYS franchise ownership brings with it lucrative real estate deals. Gretzyky made millions owning (partially) the Coyotes from the development around the new arena, all while the team stunk up the NHL and bemoaned to the league how much money they were losing.

Most owners are in the game solely for the real estate development opportunities and kickbacks. In many cases it behooves them to have the team lose money.

[Cannon Shell]

Originally Posted by Dawgswin

Don't forget that almost ALWAYS franchise ownership brings with it lucrative real estate deals. Gretzyky made millions owning (partially) the Coyotes from the development around the new arena, all while the team stunk up the NHL and bemoaned to the league how much money they were losing.

Most owners are in the game solely for the real estate development opportunities and kickbacks. In many cases it behooves them to have the team lose money.

But they dont actually lose money. It is simply untrue. Not only are they profiting wildly on the intrinsic value of the teams they make money on a day to day basis as well. Between TV money, sponsorship dollars, merchandising, and in some leagues revenue sharing and luxury tax distributions, etc they are all making money.

[MaTH716]

I have a conspiracy theory here. The only way to get Sterling out without a lawauit is to grossly overpay him so he goes quietly. I honestly believe that the NBA told Balmer to come up with a billion/billion and a half and they'll kick in the rest under the table just to rid themselves of Sterling.

I want to believe even though he has more money than God, guys like that just don't arbitrarily throw money around like that cause they could.

[Rupert Pupkin]

What are the Clippers truly worth? According to this analysis about $1.2-$1.6 billion.

http://news.yahoo.com/l-clippers-rea...7550--spt.html