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Anonymous

Years ago

Sem

LK should of asked if one eg Childress would interview in the BULLETS and AL interview in Tipans

Reply #750230 Report this topic

proud

Years ago

Does it matter who has money in this new team, as long as there IS money then that is all that matters.

NBA players generally have more $ than sense so if others decide to invest due to thinking the next star thing is giving enough publicity to the league and they want to then fantastic...

We all want a league with more financially sustainable clubs and if we get that from ex NBA players then I'm all for it

Reply #750211 Report this topic

Cuszy

Years ago

Thanks Dazz for your uninciteful comments.

Reply #750198 Report this topic

Anonymous

Years ago

What is the net worth of these investors?

Reply #750192 Report this topic

D2.0

Years ago

As has been said, it's probably not much cash (if any) being put in, it's more about promotions and networking in exchange for a "stake."

And it's not about getting a return on their investment. These guys do it because it keeps them interested and involved.
Basketball has been their life, so if they're not going into full-time coaching or media, this helps keep them involved and interested in the game. At the very least they get good seats.

Reply #750172 Report this topic

Cuszy

Years ago

"Do people not understand that this is not an LK team?? Heard of Romie Chaudhari perhaps?" Yes I have, he's the front man for LK. Was their a point?

Reply #750166 Report this topic

Thunder Jam

Years ago

^^^

And we have found out who bought the LK Koolaid!
Only avail from the NBL Store.

Reply #750135 Report this topic

Anonymous

Years ago

of course

Reply #750107 Report this topic

Poppa Pump

Years ago

I think you will find this is more about marketing and promotion as opposed to investing (their own money) in a basketball team. i.e. They get a x% stake for SEM using their names and getting promotional appearances.

Reply #750106 Report this topic

jimmy.hoff.email@gmail.com

Years ago

Investing in sports especially in Australia is done for love not money. I hope these guys don't expect to get major returns the way Lebron did with Liverpool FC.

Reply #750104 Report this topic

Anonymous

Years ago

Zac Randolph player owner

Reply #750100 Report this topic

Wookiee

Years ago

Jesus, always find something to complain about...

This is great news to have ex-NBA Players who have actually played in the NBL and know what it used to be like to be enthusiastic enough to put their hard earned in... Pretty cluey businessmen from all accounts, they wouldn't just be chucking their cash away...

Reply #750099 Report this topic

Perthworld

Years ago

Replace 'investing' with 'donating'. Good work by LK though.

Reply #750098 Report this topic

Cuszy

Years ago

Larry will be happy he has found someone to invest in his team.

Reply #750097 Report this topic

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Sem

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