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I think it's inflated, mostly due to Ballmer overpaying for the Clips.
Good for eleventh in the league.
"The Lakers top the league at a $2.6 billion valuation, followed by the Knicks ($2.5 billion) and the Bulls ($2 billion). Even though Ballmer paid $2 billion for the Clippers, Forbes values the team at $1.6 billion, fifth among teams, immediately following the fourth-ranked Boston Celtics ($1.7 billion).
The Brooklyn Nets (who are currently on the market) came in sixth at $1.5 billion, followed by the Golden State Warriors ($1.3 billion), Houston Rockets ($1.25 billion), Miami Heat ($1.175 billion), Dallas Mavericks ($1.15 billion) and San Antonio Spurs ($1 billion)."
http://espn.go.com/nba/story/_/id/12...s-now-worth-1b
You know, I used to naively think owning a major sports franchise was a vanity thing for the billionaire owners. Something to show off a bit. But more and more it is clear they can be seriously good investments. Hope Holt never sells, he's a great owner.
I think it's inflated, mostly due to Ballmer overpaying for the Clips.
How does Houston & Dallas rank higher than San Antonio despite the Spurs' success? Smaller market in San Antonio?
I agree it's definitely inflated. Perfect time to sell. I don't think Holt will sell, but the timing is perfect.
Younger stars maybe?
That $2 billion sale gave Sterling his first non-Viagra induced hard on in years.
The cities are much much bigger. TV market, revenue, while 9 yards.
Scary thing is, holy might start wondering when's a good time to really sell and make a gigundo profit. Same for the rest of the ownership
Since then prices skyrocketed, but how the Knicks are 2,5bil worthy? why Bulls are so damn expensive? The Michael Jordan pop affair has been dead for 17 years since he left I understand inflation if not 3 clowns with a couple of milliones each could buy the world but Knicks at 2,5 billion... CARMELO!!!!!
I imagine they command more money for their local television contracts.
Those wondering about the valuations should read the original article from Forbes:
http://www.forbes.com/sites/kurtbade...1-1-billion-2/
http://www.forbes.com/nba-valuations/
Chicago is the 3rd largest market after New York and Los Angeles.Since then prices skyrocketed, but how the Knicks are 2,5bil worthy? why Bulls are so damn expensive? The Michael Jordan pop affair has been dead for 17 years since he left I understand inflation if not 3 clowns with a couple of milliones each could buy the world but Knicks at 2,5 billion... CARMELO!!!!!
If Peter Holt were to sell the franchise, who would be the first and last person you would want to buy it?
Obviously, you'd want to keep it out of reach of the predatory Seattle group. You'd want somebody willing and able to spend like Cuban, but not a meddler or panicker like Vivek. You'd want somebody from the United States, probably (Prokhorov, despite his riches, was still subject to the whims of the Russian economy, and ultimately jumped ship as a result).
Yes but thats BS, Clips were valued by Forbes last year at 575 million which was a fair price so now suddenly is 3 billion worthy?
beat me to it
great owner, understands where the team derives its power from and lets them do their thing. Wish the rockets had a guy like him tbh.
Peter Holt and the ownership group should sell up then lol
Value estimation and actual market price are completely different. Pretty sure all NBA teams' values will only go up in the coming years in light of the new TV deal, actually this is happening already. My guess would be that no team would be sold for equal to or less than these estimations in the next couple of years.
Holt has been a great owner. The possibility of him and his group cashing in is not a good thing for San Antonio.
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