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40 sats \ 7 replies \ @SimpleStacker 14 Feb \ parent \ on: CNBC’s Official NBA Team Valuations 2025 Stacker_Sports
It's for the prestige. Heck if I had the money I'd buy an nba team even if the rate of return was close to 0%, I just need it to fund its own operations I don't need a profit
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30 sats \ 6 replies \ @grayruby 14 Feb
Yeah, a lot of vanity premium in there.
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40 sats \ 5 replies \ @Cje95 OP 14 Feb
Is it vanity or is it that the expansion cost would easily be $5 billion plus. I mean Arizona's possible hockey team is going to cost a billy that why the owner got that much in the sale. Even WNBA teams are getting $500-600 million expansion fees
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0 sats \ 4 replies \ @grayruby 14 Feb
Toronto paid 115M for an expansion wnba team, which is still completely ridiculous.
Not sure what an expansion nba team would go for. I would guess if the avg team value is 4B, probably somewhere around there. Maybe a bit less.
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40 sats \ 3 replies \ @Cje95 OP 15 Feb
I’m just checked I was thinking the soccer expansions! With the WNBA though while Toronto paid 115 Austin is expected to hit 200… wild jump there alone
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10 sats \ 2 replies \ @grayruby 15 Feb
200M to guarantee to lose money. Haha
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40 sats \ 1 reply \ @Cje95 OP 15 Feb
Yep!!! I’m super surprised Tillman didn’t bring back Houston’s… I remember going to games as a kid… we won 4 championships in a row and then folded just a few years later. Since he owns the Rockets and the arena he would essentially use the NBA to subsidize the WNBA team lol
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