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Anonymous

Years ago

ESPN article on NBA players investing in NBL

Comparing team ownership to real estate ownership?

Only if the game times don’t clash with open houses.

Where our resident real estate expert at?

Reply #782768 Report this topic

twenty four

Years ago

Some idiot said " Maybe these guys bought Telstra and Uber IPO shares too"
Yeah Telstra has done so well since opening haven't they.
These throwaway lines that purport to be true are getting so OTT.

Huh?

Reply #782648 Report this topic

KET

Years ago

If you’re an NBA player/former who loves basketball and wants to be involved in the business of basketball with an eye towards NBA front office roles in the future and you’ve earned $50 odd million, NBL is a good way to get that experience and level of control

Reply #782637 Report this topic

Perthworld

Years ago

If you read the quotes from Martin in his case he wants to be involved in the back office of an NBA team one day and sees owning an NBL club as experience for a role.

Reply #782628 Report this topic

Anonymous

Years ago

"Pro Sports teams really are for the ultra rich who dont mind pissing some $$$ away!"

Buying sports teams certainly doesn't seem like a typical investment but I guess we don't get to see all the numbers like an annual report of a publicly listed company so it's hard to say for sure.

The valuations for NBA franchises seems to keep growing, though.

Reply #782616 Report this topic

KET

Years ago

Ownership and funding are two different things really.

It looks like sponsors are getting value across clubs: see Melbourne and Adelaide having BSolar and Harcourts as sponsors for example.

The NBL is obviously working hard to improve revenue and that means utilising clubs together, that increases the value of the clubs a bit

Reply #782614 Report this topic

MACDUB

Years ago

Are the $9m - $10m valuations for an NBL team accurate you reckon? Did those investors pay overs?

Is it predicated on a potentially large tv deal? a valuation drawn by potential more than current substance?

Seems like a very high valuation figure for teams that I wouldn't think are making huge amounts of money? Spending has gone through the roof across the board remember and there's a new baseline spend to at least be competitive and its probably only going to increase.

Thoughts?

Reply #782593 Report this topic

Anonymous

Years ago

Anyone else having trouble decyphering the stats from the nationals on Sporting Pulse?
The column headings at the top definitely do not match the stats figures.
Is this just my computer?

Reply #859119 Report this topic

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ESPN article on NBA players investing in NBL

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