LeBron James Is Expected To Make A Bid For Projected $7B Expansion Team In Las Vegas

[GoldenGlove]

nikka did you read the tweet?

I read it. Its funny.

So is Bron preparing to make a bid for 7B team when he just reached 1B in networth or are Red Bull's team/founders? Bron isn't investing everything into this.

Actually you confused me with your post because I clearly read it as the Red Bull group being potential competition. A quick Google search tells me that one of the founders of Red Bull is worth over 30 billion. So like I was saying, he's going to need a ton of capital to compete against billionaires. There's levels to this shyt. When you have buyers with that kind of bread, Bron is not outbidding any of them. And the NBA is not going to give AF about the good will and legacy angle at all.

How much % of the team will he own with these numbers floating around????

 

[Buckeye Fever]

I will say he will have to joined a powerhouse person in vegas like Steve Wynn and sheldon adelson and get a team while in Vegas..

Wish him the best tho

I'll be out in Vegas in March and was lookin' up the Wynn and staying there for 5 days.

I think I'll find something cheaper lol

 

[RedBull]

Hope he gets majority of ownership. I think he’ll be great for the game, I do think the other team’s owners won’t “allow” him to buy any percentage of the team unless it’s very minor. The push back will be crazy.

 

[2Quik4UHoes]

nikkanati

Forgot all about nikkanati

 

[GoldenGlove]

Hope he gets majority of ownership. I think he’ll be great for the game, I do think the other team’s owners won’t “allow” him to buy any percentage of the team unless it’s very minor. The push back will be crazy.

Unless he has some dealings/assets that he can cash out on that will propel him to having tens of billions in liquid cash, he's not going to be a majority owner initially. It's not a realistic thing to say or hope for

 

[Rekkapryde]

Hope he gets majority of ownership. I think he’ll be great for the game, I do think the other team’s owners won’t “allow” him to buy any percentage of the team unless it’s very minor. The push back will be crazy.

He's part of a group looking to bring a team to Vegas. People that own the Red Bull Brand, Bron, and others.

The only nikka that has majority owner bread that we know is Jordan.

 

[Rigby.]

We need a majority black owner, not minority one. Got enough of those.

Wish Mike didn't sell the Hornets.

Consortiums are going to be pretty much the only way to buy sports teams from football or basketball going forward

 

[Lucky_Lefty]

That $2.3B that’s needed to even be in contention is a muthafukka

 

[Rekkapryde]

Consortiums are going to be pretty much the only way to buy sports teams from football or basketball going forward

Even in those groups, he wouldn't be the big dog.

again, that's why I hate that Mike sold the Hornets. Keep 51% at least. He got more bread than he'll ever need/spend. Unless he aiming to buy an NFL team.

 

[Lucky_Lefty]

I read it. Its funny.

So is Bron preparing to make a bid for 7B team when he just reached 1B in networth or are Red Bull's team/founders? Bron isn't investing everything into this.

Actually you confused me with your post because I clearly read it as the Red Bull group being potential competition. A quick Google search tells me that one of the founders of Red Bull is worth over 30 billion. So like I was saying, he's going to need a ton of capital to compete against billionaires. There's levels to this shyt. When you have buyers with that kind of bread, Bron is not outbidding any of them. And the NBA is not going to give AF about the good will and legacy angle at all.

How much % of the team will he own with these numbers floating around????

Bruh, you have to have 30%+ in hand prior to (iirc). Hence why I posted that number up above. Even A-Rod rich ass couldn’t afford to go at it alone for a franchise and he STILL can’t afford to make payments after getting the thumbs up from the league

 

[GoldenGlove]

Bron Hov Magic And Mike

Bron 1.2B
Magic 1.2B
Jay-Z 2.5B
MJ 3.2B

Total = 8.1B

Their Competition...
Mark Mateschitz 34B

 

[Lucky_Lefty]

Even in those groups, he wouldn't be the big dog.

again, that's why I hate that Mike sold the Hornets. Keep 51% at least. He got more bread than he'll ever need/spend. Unless he aiming to buy an NFL team.

Think you only need to own like 35% to be considered the managing partner. That’s what makes the Cuban sell funny.

 

[Rekkapryde]

Think you only need to own like 35% to be considered the managing partner. That’s what makes the Cuban sell funny.

interesting. but he still not the majority owner.

pointless anyway since Bron don't got 2.3 liquid like that.

 

[MikelArteta]

for all bron has done for the league he should get that beckham inter miami type deal

 

[papa pimp]

He will be a face that owns less than 5%. He not getting a MJ deal because he didn't do for the NBA what MJ did.