Bulldozer of the NBA’s Restricted Area
Chapter 665 Pioneer of the Basketball Empire
Shanghai has basically been settled.
There is definitely no problem with Kareem Abdul-Jabbar personally supervising Yao Ming's training. This allowed Yao Ming to receive top-level special training before entering the league, which is also conducive to future development. At present, all Li Shengli can do is wait.
As for Old Turner, he could no longer do the scrap-level translation work, so he simply hired a professional translator to be responsible for the communication between Kareem Abdul-Jabbar and Yao Ming, and he himself had to accompany Li Shengli to sort out the domestic accounts.
…
I clean the yard frequently and go to the market less often. I save a little donkey in three years.
Li Shengli will now be sure that he can open a donkey farm.
His salary has increased a lot since joining the Lakers. Putting aside his previous investment plan... His two-year contract with the Lakers totaled 23 million, which he has been saving up. The management headed by Gal West gave the two The championship bonus is more than 6.6 million, and there are also many endorsement contracts obtained by Turner.
Calculated after tax, the total is about US$20 million.
If calculated based on the official exchange rate of 8.27 in 1998... Li Shengli couldn't even imagine that he had accumulated such a large amount of assets in the past few years. Fortunately, all the stars in the league basically have a behind-the-scenes team, and Old Turner is also in his private A group of financial advisors have been added to the team to manage these assets.
…
"Li, this is the asset allocation plan prepared by our subordinate team for you."
Back at the hotel in the evening, Kareem Abdul-Jabbar didn't know if he was too interested in Yao Ming and hadn't come back yet at 7 p.m., but he had nothing to worry about. After all, Li Qiuping would make the arrangements, and the old Turner held this year's annual meeting in Li Shengli's room. financial summary.
"According to your usual... uh, frugal consumption habits, you can keep one hundred thousand for annual daily expenses, and the rest will be invested in low, medium and high risk according to the ratio of five to three. The specific projects will be discussed later. I’m reporting to you, as long as you agree to this plan, the direction of the work of the financial advisors next year will be determined.”
"Well...wait a minute for a moment, I have use for this money, and I only have five million for you to invest in."
"Why, what other uses can your Alliance's money-saving miracle have?" Old Turner was startled.
"Hmm..." Li Shengli pondered for a while, "Put 5 million in the expenditure to Greenville. This money is the special money of the two uncles, Kareem Abdul-Jabbar and Thompson. After all, they don't have much other income. .”
Damn it?
Is this horse riding crazy?
Old Turner really couldn't understand... It didn't hurt that Li Shengli gave the two brothers $5 million, but he paid $100 for meals in away games to pay for the restaurant, but Li Shengli had to pick up the tab with teammates like Kobe and Ben. Who could Isn’t it okay to sneak in one more fries?
…
"What about the others?" Old Turner immediately asked: "Let's roughly calculate... of our 20 million idle funds, you have allocated 10 million, so what about the remaining 10 million?"
"Let me ask you, what is the current situation of the three factories we invested in?"
"This...it's embarrassing. Under the asset allocation plan, there is also a report on existing assets. Because of the low labor cost, it has already entered the return output stage. However, due to the recent severe floods in your country, production has been suspended. It took a while, so the financial consultant applied... to sell these low-yield projects as non-performing assets to ensure the safety of the investment principal."
"I agree to this. Give me the principal recovered. If you don't lose money, it must be five million, right?"
"It depends on the price quoted by the transaction party, but it will definitely be more than 5 million, with an increase of about 5 to 10 points."
"That's fine, let's sell it. Five million is enough!" Li Shengli made the final decision, "That means...are you sure that we now have fifteen million in working capital?"
"What do you want to do with so much money?" Old Turner had a bad feeling.
…
The catastrophic floods in 1998 were so serious that even Li Shengli's hometown was affected by the disaster, so he planned to donate five million U.S. dollars, equivalent to more than 40 million local currency, directly to the disaster area.
This kind of thing is a no-brainer.
When people are poor, they can only keep their mouth shut, but when they are rich, they can see social responsibility. Even if Li Shengli doesn't have the slightest bit of rich mentality, he still wants to do what he can.
As for why the rest was not donated together, it is because... Li Shengli wants to do more for his colleagues in the domestic basketball community. After all, the disaster will eventually pass, and if domestic colleagues have the opportunity to go abroad, let’s not talk about personal gains. , which will definitely be of great benefit to the development of Chinese basketball.
What are domestic colleagues afraid of now?
What I'm afraid of is that the bowl will be smashed when the person comes back after leaving!
As a pioneer in entering the NBA, Li Shengli really doesn't want everyone to take unnecessary risks. At the very least, he has to dispel some of everyone's concerns and give everyone a different bowl to eat.
…
"Ten million ready."
"What's it for? Such a big sum..."
"Set up a public welfare fund! Well, professional things are handled by professionals, so you work hard and clarify the domestic process first. The main thing is... to bear the expenses of domestic players who want to play in the United States and some necessary aftermath. If they don't play in the NBA If the leader comes back and is willing, we can arrange him to become our basketball coach at a salary higher than that in China."
"Then build some schools in remote areas and select and train some good talents. Retired professional players in the country who are willing can be coaches at the grassroots level, and those with high standards can be coaches in basketball training camps, so as to prepare more food bowls for everyone."
"Turner, Turner, did you listen to what I said?!" Li Shengli pushed the stunned old Turner and continued: "I'm just giving you a general direction. I don't know the specifics. The detailed rules and regulations are still yours. Find someone to draft it, and I will talk to Li Qiuping about it and ask him for help, he should be more familiar with it."
"I...are you really crazy for riding a horse?" Old Turner said the first sentence. He felt that Li Shengli didn't use money as money at all. He actually used 10 million US dollars and more than 80 million local currency to set up a charity fund?
"Isn't this great? Without considering funds, we can create a perfect talent supply chain from top to bottom. The top players will go to the NBA, the middle-level players will go to the CBA, and the lower-level people will directly join the grassroots training to ensure that A virtuous cycle.”
…
Old Turner was shocked by Li Shengli's madness. Even if it was just a preliminary idea, it was too shocking.
Basketball empire?
Is this horse racing to build a basketball empire?
But there are also problems and resistance. Old Turner thought for a while and said seriously: "Li, believe me, you can't hold on. You can't run such a fund with 10 million yuan like your plan."
"But can't the foundation still use the principal investment to make a profit? And I will inject more money later. Players who enter the professional game are not low in salary. As long as someone can use the foundation, our charter can require them to repay the fund. Yes, guaranteed to operate."
"Well, although it is a bit idealistic, it is still an idea that can be tried?" Old Turner pondered for a while and said: "It is... you may not get any substantial reward."
"I don't want to do anything in return, even if it takes my whole life's savings, but it's not a big deal to save up a year or two's income to pave the way for others behind me. After all, it's useless for me to keep money. It's just to earn a good reputation. "
"Well, I think that's a very real idea!"
"Okay, I have decided on this matter. As for the other five million, I have also decided to exchange them for supplies and donate them to the disaster areas. You can contact the Red Cross in China to do this recently!"
"The Red Cross in your country?" Old Turner thought for a while and said, "Then it is better to wait until the foundation is completed and donate in the name of the foundation instead of using the Red Cross channel, so that the supplies you can send to the disaster area will not be compromised. .”
"Okay, you just have to figure it out yourself. I'll ask Li Qiuping to help you raise funds for the foundation. As for donating materials..."
"This matter is difficult. I don't understand the situation in your country. You have to find someone to help deal with it." Old Turner said it was difficult. After all, he, Li Shengli's first butler, is an authentic American.
"Then...the horse you saw before...Jack Horse, do you still remember it?"
"Yes, damn, this guy used our investment to build a website and lost all of it. Although he didn't invest much at the beginning, he is still looking for you everywhere with his bare buttocks, saying that he has a big project that will change the world. Waiting for your venture capital investment.”
"Ahem..." Li Shengli thought that Jack Ma's failure in starting a business was quite embarrassing.
"Don't worry about this. I didn't invest much before. Call him and ask him to help you with this material donation."
"By the way, there's Dongzi, remember, that's Richard Liu."
"Remember, of course I remember, he was the one who played hooligans in Minnesota... It's embarrassing. You lost the investment you gave them." Old Turner also knew about this at the beginning. After all, Li Shengli was still playing away games at the time, shouting everywhere Someone help me catch this thing.
"Ahem... Let Jack and Richard help. Once it's done this time, I'll continue to invest more in them." Li Shengli blushed. After all, both investments were lost. Fortunately, the loss was not big.
"Let me forget it, right? Your investment level is too limited. Whoever invests will lose."
"Damn, you... I can't spend my money, so I'll vote for them. Maybe you'll be scared off your dentures if I get them. Then you can give me the evaluation report and I'll sign it. There's no news from the NBA yet. , we have been doing these few things recently, and we will go back when we are done."
"Okay, I understand. Who made you my boss?"
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