Man, that Alabama Baseball Scandal had some far reaching consequences

[Dawgg]

Sometimes I dream... that he is me...

End of Jordan's rule: MJ completes Hornets sale

Michael Jordan has finalized the sale of his majority stake in the Hornets for an approximate $3 billion valuation, sources told ESPN's Adrian Wojnarowski.

www.espn.com

 

[The Peeper]

Poor Mike, must have some gambling debts he needs to settle. He turned $275 million into $3 billion in only 13 years, not including selling a "significant minority stake" of it in 2020.

 

[Dawgg]

Poor Mike, must have some gambling debts he needs to settle. He turned $275 million into $3 billion in only 13 years, not including selling a "significant minority stake" of it in 2020.

To be fair, when I posted it, the $3 billion number wasn't in the article yet.

Yeah, that's a really good deal for MJ, but how in the hell is a portion of the former Charlotte Bobcats worth $3 Billion?

 

[Maroon Eagle]

To be fair, when I posted it, the $3 billion number wasn't in the article yet.

Yeah, that's a really good deal for MJ, but how in the hell is a portion of the former Charlotte Bobcats worth $3 Billion?

Future potential plus marquee value

Last year it was valued at $1.7 billion.

If the new owner keeps it for a while, it could be sold for much more.

NBA Franchise Valuations Ranking List: From Warriors to Grizzlies

Check out Sportico's full NBA team values ranking list, from the Warriors to the Pelicans.

www.sportico.com

 

[Dawgg]

Future potential plus marquee value

Last year it was valued at $1.7 billion.

If the new owner keeps it for a while, it could be sold for much more.

NBA Franchise Valuations Ranking List: From Warriors to Grizzlies

Check out Sportico's full NBA team values ranking list, from the Warriors to the Pelicans.

www.sportico.com

I just don't see how the NBA has inflated their valuations like this. My understanding from reading this board is that most people stopped watching the NBA when Kevin McHale and Robert Parrish retired.

 

[The Peeper]

"most people stopped watching the NBA when Kevin McHale and Robert Parrish retired"

Me included and haven't looked back since