The average NBA franchise is now worth $2.1 billion, up 14% and outpacing the gains of the NFL and MLB
to sell roughly 20% of the Charlotte Hornets to Gabe Plotkin and Daniel Sundheim. The agreement valued the team at $1.5 billion, up from $175 million in 2010 when Jordan bought majority control of the club.
In addition, teams in New York and Los Angeles go for sky-high revenue multiples. Recall that Steve Ballmer paid 14 times revenue for the Los Angeles Clippers in 2014. Tsai paid 11 times revenue for the Nets. The revenue multiple that billionaire Tilman Fertitta paid for the Houston Rockets in 2017 was a relatively cheap seven.
“This season’s NBA ratings story is silly. It is a small sample size. This is a year-round league with year-round stories,” says sports media consultant Lee Berke of LHB Sports. “The next NBA media agreements will be a substantially evolved set of deals because of streaming. There will be an increasing range of media companies that want the NBA for the U.S. and worldwide.” The current $2.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
NBA Team Values 2020: Lakers And Warriors Join Knicks In Rarefied $4 Billion ClubThe average NBA franchise is now worth $2.1 billion, up 14% and outpacing the gains of the NFL and MLB. The Knicks, Lakers and Warriors rank among the five most valuable U.S. sports teams, along with the Cowboys and Yankees.
Baca lebih lajut »
NBA Team Values 2020: Lakers And Warriors Join Knicks In Rarefied $4 Billion ClubThe average NBA franchise is now worth $2.1 billion, up 14% and outpacing the gains of the NFL and MLB. The Knicks, Lakers and Warriors rank among the five most valuable U.S. sports teams, along with the Cowboys and Yankees.
Baca lebih lajut »
Knicks retain top spot as most valuable NBA team: ForbesThe New York Knicks have not tasted success on the hardwood in nearly 50 years b...
Baca lebih lajut »
Lakers Legend Kareem Abdul-Jabbar on Deaths of Kobe and Gianna Bryant: 'It's Just So Senseless''I used to play peekaboo with Gianna when she was five and six years old,' Kareem Abdul-Jabbar recalls to PEOPLE
Baca lebih lajut »
The latest Forbes NBA valuations show how much winning can pay offHowever, the New York Knicks, the team with the worst record in the 2018-19 season, has the highest valuation on the Forbes list at $4.6 billion.
Baca lebih lajut »
Power agent Rich Paul launching Klutch Conversations during NBA All-Star weekendRich Paul, the CEO of Klutch Sports Group, the agency that represents LeBron James, will launch a new venture called 'Klutch Conversations' this week during NBA All-Star weekend in Chicago.
Baca lebih lajut »