Forbes releases NBA team Values Knicks 1 Lakers 2
- Thread starter PortCityProphet
- Start date
threattonature
Veteran
No idea, it was just for years franchises sold for double and triple the Forbes' valuations. Right around the time the last CBA was signed teams started selling for crazy amounts. I think the 76ers was the last team that sold for anywhere near close to the Forbes value.
Damn, Michael Jordan won yet again, franchise is worth almost 5x as much as what he paid.
tremonthustler1
aka bx_representer
What you spent to buy a team doesn't mean that's what they're worth. It just means you either overpaid or underpaid for it.
threattonature
Veteran
If that was the case with only one team then yes that would be true. But if every team is selling for a lot more than their projected worth than that projected worth was wrong.
about other people's money 
I don't give a damn about that.
Kobe is 3rd in jersey sales and this is his 20th season.
Who gives a shyt?
Porzingis about to be the face of the league in a few years so you bytches better get ready.
Porzingis about to be the face of the league in a few years so you bytches better get ready.
Bilz
Superstar
Didn't the Warriors sell for a fraction of that just a few years ago?
Everyone that got a team recently won because they're just going to continue to go up in value.
I also feel like if any of those top 4 teams sold it would be a lot more than what they're listed at as of now. clippers sold for 2 billion, I'd assume it take at least 3 to get the lakers, not just 2.7. knicks could go for 4. Bidding wars happen when teams in those types of markets go up for sale.
onelastdeath
Banned
GOAT CITY GOAT FANS 
Wait, let me get this straight. Lacob and Co. bought the Warriors for $450 mill 
Somebody
So in essence...if I won that powerball sum solo and took the lump sum, I would got around $494 mil after taxes. Da fuk...
And when they open up the new arena on the bay in SF it's gonna rise to top 4 status easy. If they win another ship before it opens they are passing the Bulls easy with the new arena
Somebody
Somebody
So in essence...if I won that powerball sum solo and took the lump sum, I would got around $494 mil after taxes. Da fuk...
And when they open up the new arena on the bay in SF it's gonna rise to top 4 status easy. If they win another ship before it opens they are passing the Bulls easy with the new arena
Somebody
dora_da_destroyer
Master Baker
The irony of posting this to me
Yep and that is why I was laughing at kats on here talking about but but but MJ had to take on debt that the team had. I was like fools every time you buy a team you have to take on the debt. shyt like buying a foreclosure house and their is a water lien that you have to pay as part of the deal for the house. But shyt don't matter if it is a good deal.
Hell I can't stand Bob Johnson on how he sold BET. But I will always give him credit for selling the team and giving MJ a hook up on the cost. Especially after MJ ran around the whole league trying to buy a team and them white owners kept shutting the door in his face over and over again.