legendary point guard
Four hundred and seventieth chapters David Stern lead
Gambling is the last thing David Stern wants to see. It is also the fundamental reason why Las Vegas has not been able to get David Stern's recognition to own an NBA team for so many years.
David Stern wants the entire league to have nothing to do with gambling, but that's hard to say once Las Vegas has an NBA team.
Especially at this time, we are less than two months and a year away from the Tim Donaghy gambling scandal that was exposed during the offseason. The gambling scandal once caused the league to be criticized.
If the FBI had not finally come forward to confirm that Donaghy's gambling was a personal behavior, the image of the league that David Stern had worked so hard to create would have been in ruins.
The possibility theory of the "Orange County Chronicle" suddenly made David Stern nervous.
Although he didn't believe that Lin Sen would participate in gambling, after all, Lin Sen's company is developing rapidly and his personal future is bright, so he doesn't have to worry about money at all.
As long as Lin Sen wants to, there are countless companies willing to give Lin Sen crazy big contracts. However, since the "Orange County Chronicle" has raised questions, David Stern, as the president of the league, always has to respond.
However, before responding, he first spoke with David Falk on the phone to ensure that they had the same story and handled the matter in the same way.
The possible theory of the "Orange County Chronicle" was quickly exaggerated by a gossip magazine.
The magazine said that because Dina Lohan is Lindsay Lohan's mother, Lindsay Lohan is Lin Sen's ex-girlfriend, and she has given birth to a daughter for Lin Sen, and has been living in Lin Sen's house.
Lindsay's mother, Dina, was involved in gambling, and Lin Sen eventually paid off Dina Lohan's debt.
The magazine demanded that Lin Sen disclose the details of his debt repayments with Las Vegas and provide receipts. It also hoped that the league would let the FBI intervene in the investigation to ensure Lin Sen's innocence.
On the surface, it was to clear Lin Sen's innocence, but in fact, he changed his mind and questioned Lin Sen.
"I don't know what to say. Maybe I'm really short of money!" Lin Sen said to the reporters squatting in front of his villa when he walked out of the house. "FBI agents came to check on me quickly. I know what some reporters say."
What a shameful word. So I don't mind letting them prove my innocence.
I just want to say that I really look down on 10 to 20 million. If those guys are too poor to eat, I don’t mind setting up a big pot at my door and providing them with free rice 24 hours a day.
That’s all I want to say!”
Lin Sen's public response made countless fans support him. Just as David Stern thought, Lin Sen was not short of money.
"Is Wood still short of money? Is Wood the richest one besides MJ?"
"Probably so, but Wood. Lin's company has not disclosed specific accounts. I only know that Wood's salary and endorsement fees alone exceed 50 million US dollars. Needless to say, he still has a company."
"How much was Forbes Wood worth last year? 15 or 20? I think once Wood wins the championship this year, the price will definitely exceed 2 billion, which is a terrifying ability to attract money."
"Wood chose the right person. My goddess Paris Hilton proved in front of Wood that she is not a vase."
"Lindsay seems to have been enemies with her before, but Paris did a great job this time. It deserves praise. I am going to buy a pair of the legendary 2.5 MVP version, but unfortunately there are only 200 pairs in the world, f...uck."
"It's really rare. I know that Paris was also included in Wood's harem. I bet it's for sure, otherwise I would strip naked and run around naked for five days."
"Hey, buddy, the whole world knows it, why don't you just be naive and wait for them to make it public?
This is absolutely impossible. In fact, I hope that after the FBI intervenes, Wood's private life can be disclosed. Am I a little evil?"
Most of the positive discussions on the Internet have nothing to do with gambling, which disappoints some media outlets.
They thought they would guide public opinion and make Lin Sen feel the pressure. As a result, the public almost unanimously did not believe that Lin Sen would bet on football in this way.
"Wood, don't worry, no one will believe you bet on football, only those guys whose heads are lifted by donkeys will think so." David Falk said with a smile on the phone.
He received a call from David Stern, who told him that the FBI would definitely intervene and hoped that he would ask Lin Sen to cooperate.
David Falk readily agreed to this request.
The Cleveland Cavaliers and Boston Celtics, as well as the Lakers, Rockets, Spurs and Hornets in the Western Conference, are not in the mood to pay too much attention to the gossip about Lin Sen's involvement in football betting.
Before the start of Game 6 between the Lakers and Rockets, Kobe and Tracy McGrady were interviewed by the media and asked about their opinions on Lin Sen's possible involvement in gambling.
Kobe said with a smile in the locker room: "Does that guy Wood still want to bet on football? If he needs to bet on football, I think the rest of the league will not be able to survive.
I am planning to discuss with Wood during the offseason whether he can bring me with him the next time he makes money. Although I am not as rich as him, I can still spend 50 to 60 million. I think he can definitely help me change.
More."
When Tracy McGrady responded, he revealed a big revelation: "That guy Wood is not short of money, although this guy is almost as stingy as Bryant.
What I can say is that half a year after the establishment of Woodland Company, the revenue was nearly 500 million and the profit exceeded 100 million. As for now, I estimate that there should be no problem in doubling it."
Reporters were obviously shocked by Tracy McGrady's revelation.
You must know that although Woodland Company is favored by economic experts and industry insiders, it is simply unimaginable that it can achieve such a high income within half a year of its establishment.
Lin Sen didn’t know that Tracy McGrady had exposed the half-year income of Wood Lin Company. This was also the time when everyone got together, and Tracy McGrady and Kobe heard it when Lin Sen received a call from Paris Hilton.
"Half a Year and 500 Million, Wood Is Worth?" - This was the news headline of "USA Today" the next day.
Five hundred million in half a year is enough to attract countless people's attention. NBA professional players' salaries were limited in the past years, and few players who retired in the 1990s had a total career income of more than thirty million.
Nowadays, NBA players' salary alone is at least one million a year. After deducting the heavy taxes, the salary of one million is just over 400,000.
This level of income is still the lowest level in the league. The highest annual salary is more than 20 million, and the salary is almost 10 million.
The one with the highest salary in his entire career currently belongs to Shaquille O'Neal who plays for the Phoenix Suns, with a total salary of less than $300 million.
In the end, it was only about 150 million in O'Neal's hands. The divorce incident in November last year exposed O'Neal's total assets.
After marrying Shanni, O'Neal's savings, real estate, cars and other real estate assets totaled almost 180 million. Including his total assets before marriage, O'Neal's total assets did not exceed 300 million US dollars.
O'Neal is not ranked first among active players in terms of total assets. In addition to retired business legends Jordan, Olajuwon, Magic Johnson and others who have many assets.
The amount of 500 million in just half a year can overwhelm everyone, although the profit obtained by Wood Lin Company is only a little over 100 million.
But this was only half a year, and the company was still in its infancy.
You must know that in more than half a year, the rapid and steady development of Wood.Lin Company is obvious to all.
Lin Sen's financial resources are the envy of countless people, but David Stern has never understood this.
When he saw the news, he had an idea. This time he would help Lin Sen clear up the scandal. Then he would have to get something.
The NBA has always had its own players union, whose purpose is to help NBA players retire.
To prevent some players from going bankrupt after retiring because they are not good at managing money. There are too many examples of this.
When they were stars, many players had chaotic private lives, many women and illegitimate children, never felt bad about spending money, and had extravagant spending habits.
Moreover, financial management is very blind. If you don’t understand it at all, it is easy to end up losing money in financial management, which directly leads to no income once you retire, and some players can even go bankrupt in a year or two.
Even though players' salaries are much better now than in the past, this phenomenon still happens from time to time.
What worries David Stern more is Allen Iverson, who now plays for the Denver Nuggets. The answer from countless fans really gives him a headache.
Although he doesn't like the appearance of such bohemian and eclectic players in the league, he actually likes them.
Just like he seemed to hate Rodman at first. In fact, he liked Rodman more than most people in his heart.
Because Rodman can bring attention to the NBA and bring profits.
In the 1990s, it is no exaggeration to say that Rodman was the one with the most guaranteed box office besides Jordan. Even in away games, he could be followed by countless people.
Although this pursuit may be to see if Rodman will act out of the blue on the court, he does not deny Rodman's contribution to the league.
Iverson is not as exaggerated as Rodman, but his style of play and personality are very popular, and countless people regard him as their idol.
But he is not very good at managing money. David Stern knows that Iverson still supports hundreds of his relatives and friends. Once Iverson retires, the impact of these people will be very bad. He can imagine.
In fact, David Stern's concerns are not wrong at all. Although Iverson looks good in reality, there are constant rumors of bankruptcy, but in fact it is about the same.
Iverson's endorsement company Reebok also had the same consideration. Their contract with Iverson was for life, but in order to avoid Iverson going bankrupt, they wrote in the contract that once Iverson retired.
The payment method of this lifelong contract will be paid regularly every month, rather than being paid to Iverson at once for a year.
The players' union's funds also have dedicated people who invest them to generate benefits. This is the same as many charitable foundations in the United States, which invest money every year and then use part of the profits to invest in charity.
This money is not tied to the profits of the NBA official league, but is handled by the players union itself.
Although he is not in charge of the players union funds, he also knows that the investment and financial management benefits of the players union are not very obvious.
David Stern's idea was to get the players' union to agree to spend a considerable amount of money from the original funds tied to Lin Sen's Wood Lin Company.
He also knew before that Woodland Company was developing rapidly with little risk with the help of business giants such as the Hilton family, Twitter, Adidas, and Armani.
But he didn't expect it to be so profitable until he saw the newspaper in front of him.
In this way, he can avoid risks as much as possible, get more remuneration, and save him from having to worry about the players' union.
After all, the league makes pretty good profits every year, but these profits are not given to the players union, but to the team owners.
If the players union can really be linked to Woodland Company, he would be very willing to do so.
Of course, if there are other companies with bright prospects that are willing to accept the funds, he hopes the players union will agree, but the problem is that there are no such companies.
Now Woodline Company has obviously become an opportunity, and he hopes that the players union will agree to his suggestion.
"What? David Stern hopes that we can accept some of the players' union funds to invest in my company?" Lin Sen was very surprised.
"Yes, you heard it right. I don't know how that old guy came up with this." Although David Falk doesn't hold many shares in Wood Lin Company, he is an old man.
According to this development momentum, Wood Lin Company will definitely be listed on the market within a few years. Once listed, his net worth will double tenfold. This is a conservative estimate.
"What did Paris say?" Lin Sen didn't know much about this himself, but he knew that if a company didn't lack money for development, then the money coming in would only dilute the company's profit.
If the company is short of funds, then it will be a help, and it will save money from those vampires.
"Paris said you have to make your own decision on this matter, but she gave a few suggestions."
"What suggestions?"
"First, the money from the players union can only be used as investment funds and does not occupy the company's shares. After the money is invested, it will be returned to the league at a minimum of 5% and a maximum of 20% every year.
In other words, no matter whether the money comes in to help the company make profits or lose money, we will give at least 5% to the alliance.
And once the profit exceeds 20%, then I will only give 20% of the money, and the rest will belong to us.
It's like depositing the money in a bank, and the saver gets the interest himself."
Lin Sen listened carefully. If the alliance invests 100 million, then the money will be divided into at least 5 million and at most 20 million. It doesn't seem like much.
According to the company's development momentum, if the company earns 100 million yuan, the current profit will be almost 20 million yuan, and it is destined to be more than that in the future.
"What about number two?"
"Second, we can't help in vain, otherwise they can go to other agencies, right?
They have to establish a strategic partnership with us, such as some advertising and so on. The alliance must help!" Even if Paris Hilton didn't mention this, he would also bring it up.
"Third, of course, we still consider cooperation. We will get more authorization from the NBA to develop some other products, not just games, such as exclusive sneakers for each NBA team. Of course, we will not produce jerseys, clothes, hats, etc. Otherwise, we will not produce them.
Adidas would not agree.
And there will be more in-depth cooperation. We have the right to participate in some official NBA activities, and of course we will not pay the fee.
There are some other things that I haven't thought about yet. These three points were emphasized by Paris. If you think it's okay, then we will reply like this.
If they agree, then we wouldn't mind admitting some funds."
Lin Sen thought about it and felt that there was no problem: "I don't think there is any problem, so I will do it according to Paris's opinion."
"OK, then I'll reply to her!"
"Wood, what's wrong?" Natalie Portman looked at Lin Sen who was smiling and asked.
“The alliance may cooperate with us. They want to invest a sum of money in us, and then we will be responsible for sharing the profits with them.
Paris made some demands, and I thought there was no problem, so I agreed, and now we’ll see how the league and the players union respond.”
"The league wants to cooperate with us? And there is financial investment. This is a good business. Now the NBA is developing very fast."
"It's not the NBA's funds, it's the players' union. David Stern is just a facilitator. In the end, it's the players' union negotiating with us. If it succeeds, it's really good." In Lin Sen's view, both sides almost get what they need.
"Okay, I don't understand this, but I plan to study economics when I quit the entertainment industry. I believe in my IQ."
"You don't believe Paris?" Lin Sen joked.
"Am I that kind of person? But I also have plans. You guys are definitely not willing to do it. Someone has to stand up. KK and the others are obviously not willing to do it, and Paris is likely to take over the Hilton Group.
If I can learn it, wouldn’t it be better? At least I would have to spend less on hiring senior managers, right?”
"Okay, you're right, what did Lindsay say?" Lin Sen originally planned to accompany Lindsay Lohan to New York, but Lindsay finally rejected him.
After all, it seemed to the outside world that Lin Sen was still recovering from his injuries, and Paris Hilton was also in New York, so Lin Sen agreed that she would return to New York alone to join Paris Hilton.
"Here we are, she called me and everything has been taken care of. She wants to stay at home for two days." Natalie Portman patted her head, "I almost forgot that Annie and Amy were about to drink milk.
It's your fault, I almost forgot.
Let them starve and you're screwed."
Seeing Natalie Portman running upstairs in a hurry, Lin Sen couldn't help but laugh.
On May 22, four days after the rumor that Lin Sen might be involved in football gambling, the FBI officially announced that this possibility did not exist.
However, the FBI did not disclose Lin Sen's specific assets, which made reporters very depressed.
However, on the afternoon of the same day, Paris Hilton led a ten-person professional business negotiation team and the players' union negotiation team for three days of negotiations at the Hilton Hotel in Manhattan, New York.
However, at this time, the outside world did not know that the Players Association, under the auspices of the league, would cooperate with Woodland Company, and all the media focused their attention on the upcoming Eastern and Western Conference semifinals.
The Cleveland Cavaliers and Boston Celtics tied at 3:3, the Los Angeles Lakers and Houston Rockets in the Western Conference also tied at 3:3 and entered the tiebreaker, and the same was true for the defending champion San Antonio Spurs and New Orleans Hornets.
The tiebreakers in the three groups also made the playoffs become crazy. Only the Orlando Magic is waiting to see whether their opponents in the next round will be the Cavaliers or the Celtics.
PS: PS: Can I say that the network card has been stuck for nearly two hours? I couldn’t even refresh the author’s backend. I went out to eat in anger, but when I came back, the same thing happened. Xiao Ai was about to trouble a friend, but he refreshed the backend, but he teased me for a long time.
, I made up my mind to ask my friends to help, and now I can finally pass it on!
Will continue the 5,000-word update tomorrow!
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