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Paul Allen has so many assets that he can just sell stuff off and make his money back 10 fold.. He sold some real estate to Amazon last year that Netted 1.15 Billion in Seattle.
Last year I saw Prokemon fortune around 2 billions, I don´t get how now has 13/18 billions.
Agree on static Paul Allen fortune seems the guy freezes money
Paul Allen has so many assets that he can just sell stuff off and make his money back 10 fold.. He sold some real estate to Amazon last year that Netted 1.15 Billion in Seattle.
And made the TailBlazers profitable, the guy is a genius on the other hand Cube is a
wow, this thread is a massacre, tbh..
When ChumpDumper is on, he bullies s, tbh..
if it ever arises, i hope that Charles Butt, the owner of HEB can buy the franchise. He's worth like 7 billion or something. way more than $80 million peter holt
Paul Allen is not a genius. He rode Bill Gates's coattails to his billions, and he's notorious in the tech industry for startups that attack interesting problems at the right time but never end up going anywhere.
lol @ HemisfairArena
lol 40% majority
For somebody who makes a big fuss about grammar and spelling you sure aren't aware of logical fallacies, such as trying to prove a negative. Can you prove the flying spaghetti monster doesn't exist, tbh?
If you are going to make the claim that he is the poorest owner, and that he is in fact the majority owner, we'd like to see you back that claim up.
The NBA wouldn't vote for it.
Media Market or more properly known as the DMA or Designated Media Area, is much larger than just within City Limits. For San Antonio See Page 4 of the link to see how large the area the DMA covers.
http://www.angelbrokersgroup.com/upl...an_antonio.pdf
The MSA or Metropolitan Statistical Area is 8 counties with Bexar County's City of San Antonio as the dominant city in that MSA. So again, it ain't City Limit Populations. Some people need to be educated.
As for the OP, First Mikhail ain't the richest owner in the NBA. As an Oligarch he has lots of money to burn but he ain't the richest.
That list you provided doesn't have a link, why not? But even in the Express News Article, it says that Holt has 80 Million, That list you have shows that Les Alexander also only has 80 Million as the Face of the Owners group for Houston.
What I find funny is simply the last time a credible news organization did an owner's personal wealth report was the USA Today in 2005.
First a link:
http://usatoday30.usatoday.com/sport...ary-owners.htm
If you look on this report some 8 years ago or so, Les Alexander and Peter Holt are listed at...80 MILLION. It would seem that what they are doing is reporting lower numbers than their worth. In short, they don't give a crap that they may seem the lowest on the totem pole. It's not a pissing contest and when it gets down to the heart of it all, it's about winning and winning your way. Based on the valuations, the Spurs are wholly profitable. To break a lease would cost an arm and a leg, and that other city would still have to build an arena worthy of a new team just to even get the BOG to consider it. This ain't moving to a larger Metro like say, Orange County, California. It's KC you say...they failed at Basketball, failed at it so bad, that at 1 time, the team actually was called, the Kansas City-Omaha Kings.
But you say you know it all. If you did, then you'd know that this topic isn't really a valid one. I've been around the planet a fairly long time and I actually remember the Kansas City-Omaha Kings.
Technically, despite the fact that other owners have more money...Since Peter Holt is currently the Chairman of the NBA Board of Governors, then he has the most clout in the NBA but for San Antonio, all things Basketball related are run through Executive Vice-President of Basketball Operations, Gregg Popovich. If it's Basketball related, Pop gets the final call. Peter talks to the board to run Pop's request but again...Pop gets the final call.
BTW, fwiw, the Alamodome was NOT built for the Spurs. It was built primarily because Red McCombs was trying to live out his dream of getting a football team here. The Alamodome was never a good basketball venue, and it was a debacle from the word go. The only reason it got built was because Red could get anything he wanted from the powers that were.
When SBC moved to San Antonio in 1992, Ed Whitacre (then the Chairman of the Board) was immediately hit up to participate in owning the Spurs, because they really needed capital infusions. So they did. But that ownership group (including Holt) knew that the Alamodome was never going to be a successful basketball venue, and in order to make the ownership group enough money to keep owning, they held up the citizens for yet another arena, this time the current one. Smaller venue, allowing them to charge more for tickets, have access to other sports teams (hockey, rodeo and WNBA) that would put the venue in almost 100% utilization at all times. THAT is how they make money, along with the TV revenues, etc.
Red McCombs finally gave up on the NFL ever allowing a football team to come to San Antonio and went and bought the Vikings.
But the Alamodome never really had anything to do with selling basketball. That was all a ruse. And now it is a white elephant testament to the good ole boy network in San Antonio at the time. Taxpayers took in the tush yet again.
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