May 30, 201412 yr I'd bet a dollar to a doughnut that no other bid went beyond $650 million, if that. If so, he could have had the team for less than half what he's going to pay for it. Then again, something is worth what someone is willing to pay for it I guess.
May 30, 201412 yr I'd bet a dollar to a doughnut that no other bid went beyond $650 million, if that. If so, he could have had the team for less than half what he's going to pay for it. Then again, something is worth what someone is willing to pay for it I guess. He's worth 20B. He can afford to overpay.
May 30, 201412 yr I read part of the new agreement was he had to keep them in LA, can't find it, though.. I believe the owners would not approve the sale if he moved. He seemed to overpay, but in time the value will get there. That will happen quicker in LA, than Seattle or anywhere, besides New York. If you have it and it won't hurt you financially and this won't, then buy your toy.
May 30, 201412 yr I'd bet a dollar to a doughnut that no other bid went beyond $650 million' date=' if that. If so, he could have had the team for less than half what he's going to pay for it. Then again, something is worth what someone is willing to pay for it I guess.[/quote']At least two other offers of $1.2B and $1.6B.
May 30, 201412 yr About $600M. Isn't that more than what ESPN was reporting the team to even be valued at? What drove the bidding so high or what did it even start at?
May 30, 201412 yr There goes Mr. Sterling's claim for damages with respect to a devaluation of his property (i.e., the Clippers).
May 30, 201412 yr At least two other offers of $1.2B and $1.6B. Yeah it was said it would take a billion just to get in the door so 650 mil certainly wasn't the max for second highest bid.
May 30, 201412 yr Author The Bucks sold for $550 million in the most recent sale, so I'm guessing that anything less than $1 billion wasn't even considered.
May 30, 201412 yr Author Players are going "cha-ching" at the next round of collective bargaining agreements. Mike Wilbon on SportsCenter says that down the road, this could effect the average player's salary by $2 million. He says this because more owners might willing to see their teams in light of these deals, new tv deals will be negotiated with the worth of these franchises being reevaluated, and the effect on collective bargaining: (i.e., $2 billion for the Clippers when the owners of other teams were saying they were operating in the red during collective bargaining negotiations last time around).
May 31, 201412 yr I think some of you are crazy if you don't think one of the richest and most successful businessman in the country won't get his way. If he wants to move to Seattle he will find a way to do it.
May 31, 201412 yr Author When the Sonics were bought the owners said they didn't want to move either then they put events in motion to make it look like the city made mistakes to keep them. Don't be surprised if Ballmer demands his own arena and then moves team to Seattle. I could see something like this happening.
May 31, 201412 yr I think some of you are crazy if you don't think one of the richest and most successful businessman in the country won't get his way. If he wants to move to Seattle he will find a way to do it. Successful business men don't light a billion dollars on fire. That's the result of moving from LA to Seattle...
June 1, 201412 yr Author ]Successful business men don't light a billion dollars on fire.[/b] That's the result of moving from LA to Seattle... Hahaha... love it.
June 1, 201412 yr Successful business men don't light a billion dollars on fire. That's the result of moving from LA to Seattle... Some of these guys just look at these teams as toys and status symbol . I just struggle to think he lost his desire to be the hero of Seattle and bring the Sonics back home.
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