Quote:
Originally Posted by DaFace
Even at that, that's just by somebody's estimate. There's nothing that definitively says that he would be able to sell the team for more in L.A. with 10k fans attending games vs. San Diego with a full stadium.
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Quote:
Originally Posted by DaFace
Again, by someone's estimate. I don't get much out of those things since they're all hypothetical.
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Sure, Forbes is making an educated estimate but in reality, they've always projected way too low.
Who in their right mind thought that the Clippers would sell for $2 billion? The Clippers were the NBA equivalent to the Chargers. An Also-Ran laughingstock that never won a championship and didn't own or play it their own dedicated facility.
While the sale to Ballmer shocked outsiders, NBA owners were absolutely thrilled because the valuation of their teams, especially those in large markets, have risen considerably. Ballmer's announced that he's building a facility exclusively for the Clippers, just across from Kroenke World, which will raise the value of the franchise even further.
The NBA just closed a monster television contract, which further ensures that NBA owners have become a "Can't Miss" league on the level of the NFL.