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

Big Boss

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Idk if that's because the plan is to build a new arena (plus expansion fee) as part of that $7B. Seems kind of dumb to build an arena when T-Mobile has a 20k capacity


yep

The total price tag including building a new arena has the potential to hit $7 billion, according to two sports advisers who have previously sold NBA teams.



 

EarlyEarly

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Don’t sleep on places on Fremont street it is nice. Not far from the strip, more laid back and chill and have nice places to stay. I like the Circa
I went to Vegas once and stayed at the Circa. Very nice place and connected to that covered outdoor strip. Fastest elevators I’ve ever been on. 53 to the ground floor faster than the going from 4 to ground in my condo. :mjlol:
 

Rekkapryde

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TYRONE GA!
I went to Vegas once and stayed at the Circa. Very nice place and connected to that covered outdoor strip. Fastest elevators I’ve ever been on. 53 to the ground floor faster than the going from 4 to ground in my condo. :mjlol:

I stayed at @itsyoung!! Penthouse at the Wynn. :wow:






















Then I work up to my room at Circus Circus :mjcry:
 

UpAndComing

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Mat Ishbia isn't fukking with the people I'm talking about. You basing your argument around him isn't even the same discussion.

He's estimated at 5.1B networth, so of course he would need to sell off assets/get loans to put in a bid for a team.

Bezos in comparison is at 201B...

You really think he can't just buy a team that's projected to sell for 7B if he wanted to without any other investors? 😂

Elon Musk has an estimated 250B net worth
Zuckerberg is at like 167B

Like I've said there's levels to this


First you said "Oh if you got it like that, you shouldn't need to use anything other than cash". Now you're saying "Bu bu bu well if you're not Bezos and Balmer, you need a loan". Oh yes, two of the richest men who ever lived ever :laff: . You really went out on a limb there

Then now you're saying Matt Ishbia "only" is worth $5 billion. :laff::pachaha:.


Then you bring up Elon Musk. This is what he did to purchase Twitter

https://www.reuters.com/business/me...cex-same-month-twitter-buyout-wsj-2023-09-06/

Elon Musk withdrew a loan of $1 billion from SpaceX - the two-decade-old rocket company run by the billionaire - around the same time he was acquiring Twitter, now known as X, for $44 billion, the Wall Street Journal reported
, opens new tab on Tuesday.
SpaceX approved the $1 billion loan, which was backed by some of Musk's SpaceX stock, in October and Musk drew all of it down the same month, according to the report, citing documents. Musk took ownership of Twitter in October.
Musk has had arrangements with banks to borrow against his shares in his companies, including electric vehicles (EV) maker Tesla (TSLA.O)
, opens new tab, while privately held SpaceX has served as his lender, the report said, adding that paying for Twitter further complicated Musk's financial situation.


Just take your L breh, enough of the juelzing
:deadrose:
 

itsyoung!!

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Circa is more expensive than a lot of hotels on the strip
Only places like Flamingo, Excalibur, Luxor type places.

Quality hotels like Wynn/Encore, Palazzo/Venetian, Cosmopolitan, etc will be way more expensive than Circa.

Circa too far from the strip to really get a vegas feeling.

Cant walk from mall to mall or hotel to hotel if you staying at Circa. Its a fairly decent journey even in a taxi/uber.

If you on a budget I always tell people stay at Planet Hollywood. Mostly central of the strip, can walk to many places, casino floor still active with 25-40 year olds unlike the flamingo where the average age is probably 80 :flabbynsick:

Bridge connects to cosmopolitan so easy access to marquee pool/nightclub or aria

Has a mall inside it with regular stores (champs, guess, fanatics, shyt like that) if you dont want to shop designer wear. But if you want designer you’re across from both the 2 nicest malls in las vegas (aria side and caesars side both walking distance)

If youre going to save money, then save money and still get a vegas experience at Planet Hollywood compared to circa, resort world etc

But if you dont mind spending on nicer rooms, then plenty of better options
 

GoldenGlove

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First you said "Oh if you got it like that, you shouldn't need to use anything other than cash". Now you're saying "Bu bu bu well if you're not Bezos and Balmer, you need a loan". Oh yes, two of the richest men who ever lived ever :laff: . You really went out on a limb there

Then now you're saying Matt Ishbia "only" is worth $5 billion. :laff::pachaha:.


Then you bring up Elon Musk. This is what he did to purchase Twitter

https://www.reuters.com/business/me...cex-same-month-twitter-buyout-wsj-2023-09-06/

Elon Musk withdrew a loan of $1 billion from SpaceX - the two-decade-old rocket company run by the billionaire - around the same time he was acquiring Twitter, now known as X, for $44 billion, the Wall Street Journal reported
, opens new tab on Tuesday.
SpaceX approved the $1 billion loan, which was backed by some of Musk's SpaceX stock, in October and Musk drew all of it down the same month, according to the report, citing documents. Musk took ownership of Twitter in October.
Musk has had arrangements with banks to borrow against his shares in his companies, including electric vehicles (EV) maker Tesla (TSLA.O)
, opens new tab, while privately held SpaceX has served as his lender, the report said, adding that paying for Twitter further complicated Musk's financial situation.


Just take your L breh, enough of the juelzing
:deadrose:
Twitter sold for 44 billion. None of these NBA teams are valued that much. You keep throwing shyt at the wall but nothing is sticking.

This is my first post in this thread that you quoted...

This will be very interesting to see play out.

It's a different game that's played at this level of wealth and owning a team. All the money Bron's generated for the league is surely uncharted, but we'll find out real quick if the NBA cares when it comes to him getting a team.

He's going to need a lot of help coming up with the capital for this.
What L am I taking by stating the obvious? In comparison to Musk, Bezos, Ballmer, Zuckerberg and the guy from the Red Bull group he's up against, HE DON'T GOT IT.

You also came in here saying that everyone interested in buying a team needs to be a part of a group which is cap. We literally just saw Ballmer pay 2Bs by himself when he bought the Clippers.

:camby:
 
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