Sterling giving up the fight

They are worth whatever the highest bidder thinks they are worth.

We aren't talking about buying Cisco or IBM.......2 rich guys wanted to own an NBA team so they offered Herb Kohl 550 million........so to them that is how much the team was worth........You have to over bid to join the exclusive club of professional sports owners these days. Normal rules of valuation don't really apply and no matter how much you pay............ somebody will always give you more when you are ready to sell.....


It will be interesting to see how the bidding plays out

This is the link with the reference to $2 billion - Bill Simmons Twitter...

https://mobile.twitter.com/BillSimmons

The Diff between Bucks and Clips is they have a new stadium and they are in LA. clips are good and bucks are not. they said the dodgers were only worth 1 bil and the got 2 bil. the Bucks owners are probably in for 700-750 when its all said and done. The contract says the NBA buys them back without a new stadium. So they are going to pony up 200-250 plus herbs 100 for the new staduim . My guess for the clips is 1.6 bil. Its in LA and that is where the huge money and owners want to goto the games for ego. my guess is the lakers could get 2.5 bil.

Quote:

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Originally Posted by Markedman

Good that it didn’t drag on for years…..would have been a disaster for the league.
SportsCenter ‏@SportsCenter 53m
THIS JUST IN: Donald Sterling has agreed to allow wife Shelly to negotiate a forced sale of Clippers. (ESPN & Media reports)

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Not quite. Shelly wants to have a minority ownership in any sale. Don't for a minute think Donald Sterling will just lay down and go away.

http://www.cbssports.com/nba/eye-on-...id-on-clippers

Then there is this theory...

https://twitter.com/RattoCSN/status/472041421914927104

Quote:

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Originally Posted by KMWTRUCKS

The Diff between Bucks and Clips is they have a new stadium and they are in LA. clips are good and bucks are not. they said the dodgers were only worth 1 bil and the got 2 bil. the Bucks owners are probably in for 700-750 when its all said and done. The contract says the NBA buys them back without a new stadium. So they are going to pony up 200-250 plus herbs 100 for the new staduim . My guess for the clips is 1.6 bil. Its in LA and that is where the huge money and owners want to goto the games for ego. my guess is the lakers could get 2.5 bil.

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Sounds like the Clippers are also coming due on the local TV rights. Said on ESPN radio this morning those rights could increase to something like $50 million per year. At that rate, you can see why the Clippers value is so much higher than the Bucks. Being in LA helps. I don't think local Fox Sports is going to pay half a billion over the next 10 years to show Bucks games.

Quote:

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Originally Posted by TheSultan

Then there is this theory...

https://twitter.com/RattoCSN/status/472041421914927104

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I guess we will find out soon...



Ramona Shelburne @ramonashelburne · 5m
As we reported over the weekend, Ballmer has told Shelly Sterling he would not move the team to Seattle. He also said in an interview w/ WSJ
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Ramona Shelburne @ramonashelburne · 23m
Sources close to the process believe former Microsoft CEO Steve Ballmer is the current leader, but negotiations ongoing

So...who said they wouldn't get 2 Billion?

http://www.latimes.com/sports/la-sp-...529-story.html

Not me. Anything can happen if the Bucks sold for 550 million.