Widgets Magazine
Page 48 of 48 FirstFirst ... 434445464748
Results 1,176 to 1,181 of 1181

Thread: National Basketball Association

  1. #1176

    Default Re: National Basketball Association

    Quote Originally Posted by Urbanized View Post
    As valuations go up the approach to ownership takes on a much more corporate veneer. Owning a team used to be more of a hobby for many, and it was very common to lose money on the deal. Family and multi-generational ownership made more sense. Now valuations have taken these team valuations into the realm of Fortune 500 company market caps. As recently as the eighties you could buy a major league team for a few million bucks.

    I think you will see more and more flips, but you will also see much more in the way of succession planning, investor GROUPS rather than single owners, etc.
    So true. The value increases are providing different challenges to each league. The NFL does not allow corporate ownership. They demand one person has something like 30-35% team ownership and full ability to make decisions on league business. I also think minority investors must stand for league investigation and approval. Money invested must be proven to be liquid and individually controlled at whatever level the NFL decides. Leaves the NFL looking like only the Walton, Bezos and other ultra-wealthy American families can buy in.

    The NBA rules are different, but they do want a strong representative to the Board of Governors. And transparency in capital acquisition. Not sure how the NBA compares to the NFL in regards to corporate ownership.

    MLB has had corporate owners as long as I can recall. I think CBS owned the Yankees throughout the 1960s into the early 70s, when they sold to George Steinbrenner. Disney/ABC/ESPN owned the Angles in the 1990s-2000s. Fox owned the dodgers about the same time.

    Seems like the NHL just wants to know if you can cover payroll this week. /s

  2. #1177
    Join Date
    Feb 2005
    Posts
    10,486
    Blog Entries
    1

    NBA Re: National Basketball Association





  3. #1178

    Default Re: National Basketball Association

    Russell Westbrook heading to Denver. His 6th team in 8 years. Pretty wild.

  4. #1179

    Default Re: National Basketball Association

    I hope he will return to OKC and retire as part of the Thunder when the time comes.

  5. #1180

    Default Re: National Basketball Association

    Quote Originally Posted by Just_Curious View Post
    Russell Westbrook heading to Denver. His 6th team in 8 years. Pretty wild.
    Pretty wild? It is not surprising that Westbrook is on his 6th team in 8 years because he is not good anymore

  6. #1181
    Join Date
    Feb 2005
    Posts
    10,486
    Blog Entries
    1

    NBA Re: National Basketball Association






Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Word Association
    By MadMonk in forum Current Events & Open Topic
    Replies: 667
    Last Post: 08-25-2005, 08:45 AM
  2. Oklahoma Dodgeball Association
    By DaDeucesWild in forum General Civic Issues
    Replies: 2
    Last Post: 02-18-2005, 11:55 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Single Sign On provided by vBSSO