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Anonymous

Years ago

How much would an NBL team cost?

Sydney Kings were paying $20k per game night on entertainment alone! Most clubs would be between $5mil to $10mil per year, a little more for the big boys.

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Nathan of Perth

Years ago

You'd probably be ponying up between $2m for a club in distress like Townsville, to a value of something like $40m for the Wildcats (at a guesstimate of 3x $14m annual revenue).

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John McNamara

Years ago

Harry Hackrein - agreed

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Cuszy

Years ago

Other than the fact that Anthony Stewart left Btas to pursue other interests. One of them maybe assisting with an NBL bid McCoy wouldn't know and maybe the radio people need to talk to someone who does know.

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John McNamara

Years ago

Chris McCoy CEO basketball tas - reckons it is 50/50 the Tas bid will get up but he is positive

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Cuszy

Years ago

Who was that Steve Alford?

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John McNamara

Years ago

3 million - there was a bloke from the Tassie nbl bid on the radio this morning quoting the 3 million as a minimum per year

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Cuszy

Years ago

To buy or to run?
Right now the Hawks would be cheep.

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Daddy J

Years ago

I remember chatting to Mal Hemmerling when he owned the Sixers. He mentioned upwards of $5m to run the team for a season...

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MACDUB

Years ago

Costs per year im guessing between $2.3 - $3m

Purchasing the business would be cheap. As a rule of thumb purchase price should equal 3x business earnings. Can't imagine an NBL club having a large amount of earnings. Virtually no real assets or not many in any event.

A lot of contigent liabilities with future contractual obligations e.g. big Luke's salary a classic example, venue hire agreements and lease agreements with company cars.

Reply #501847 Report this topic

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How much would an NBL team cost?

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