Mat Ishbia purchases the Phoenix Suns & Mercury for $4 billion!
- Thread starter FAH1223
- Start date
Redguard
Hoonding
I would like to see a group of 5 black men, like David Steward , Robert Smith both billionaires and add in a couple of athletes as well to it
Whips-n-Chains
Chi
LeBron will own a team eventually
He doesn’t have the bread to be an owner outright, so it’d have to be part of an ownership group.
The Grand Canyon university people were also bidding on the team but I guess they were outbid or that this guy was preferred
Whips-n-Chains
Chi
I feel it'll start like how it started w/ MJ and eventually LeBron will be the majority owner. And he doesn't have the bread now, but in 20 years he might.
Tony D'Amato
It's all about the inches
They must be about to get a lot of that tv deal. How nba teams being sold for nfl guap?
Jordan was very lucky. He gained majority ownership shortly after the '08 financial crisis when Bob Johnson was financially strained and desperate to sell. Also there weren't nearly as many billionaires at the time following the crisis.
nah buss family owns like 66%
boehly would just buy out buss portion as he already owns like 30% still they would make a few bill
"bu bu but if the Black Billionaires pooled together, they could do it" - Coli Economists
RICH BLACKS COULD HAVE
BEEN OWNERS WELL BEFORE
THEY GOT PRICED OUT JUST LIKE
MJ DID FOR 275 MILLION.
SOMEBODY LIKE OPRAH
COULD HAVE EASILY BOUGHT
THE CELTICS FOR 360 MILL IN 2002...
OR THE SIXERS FOR 280 MILL IN 2011...
OR THE BUCKS FOR 550 MILLION
IN 2014...
OR THE HAWKS FOR 850 MILLION IN 2015 ..
AS A MATTER OF FACT
THE WOLVES & JAZZ HAVE SOLD
FOR ABOUT 1.5 BILLION
IN THE LAST COUPLE OF YEARS
SO nikkaS SHOULDNT GET HUNG UP
ON THIS 4 BILLION TAG.
IF THE SUNS SUCKED
LIKE THEY DID 4 YEARS AGO
THEY WOULD HAVE WENT FOR
THE DIRT BUT THEYRE COMING
OFF A FINALS & 1 SEED IN B2B YRS.
That's the main reason I listen to Bill Simmons podcast. He's very clicked in with NBA front offices.
Black billionaire's net worths are more speculative since they aren't tied to publicly traded companies, windfalls from selling companies or inheritance. Steward, Smith and others probably don't have the combined liquid wealth of many individual billionaires interested in buying teams.
My cousin played for MSU football under Saban in this era. Probably knows/knew this guy.
Really underscores how athletes gotta move. We are always so focused on the game, we need to be focused on networking. Athletes have a finite window of fame and access that probably gets taken for granted.
Really underscores how athletes gotta move. We are always so focused on the game, we need to be focused on networking. Athletes have a finite window of fame and access that probably gets taken for granted.
If the league really wanted more black owners like that, then it would have happened along time ago as you mentioned before they got priced out.
RICH BLACKS COULD HAVE
BEEN OWNERS WELL BEFORE
THEY GOT PRICED OUT JUST LIKE
MJ DID FOR 275 MILLION.
SOMEBODY LIKE OPRAH
COULD HAVE EASILY BOUGHT
THE CELTICS FOR 360 MILL IN 2002...
OR THE SIXERS FOR 280 MILL IN 2011...
OR THE BUCKS FOR 550 MILLION
IN 2014...
OR THE HAWKS FOR 850 MILLION IN 2015 ..
AS A MATTER OF FACT
THE WOLVES & JAZZ HAVE SOLD
FOR ABOUT 1.5 BILLION
IN THE LAST COUPLE OF YEARS
SO nikkaS SHOULDNT GET HUNG UP
ON THIS 4 BILLION TAG.
IF THE SUNS SUCKED
LIKE THEY DID 4 YEARS AGO
THEY WOULD HAVE WENT FOR
THE DIRT BUT THEYRE COMING
OFF A FINALS & 1 SEED IN B2B YRS.
Now NBA teams are out here going for NFL team prices. I Dan only imagine how much the Blazers will go for when Jody Allen finally has to sell.