NBA: Start with 2 billion, buy the Knicks
Chapter 2: Why sell the Knicks?
Chapter 2: Why sell the Knicks?
"Fortunately, I can't buy it on Broadway..."
Jiang Chao breathed a sigh of relief. Broadway is actually the name of a street in New York. There are a lot of theaters in it. It is just a pronoun for musicals. If you really want to buy it, you have to communicate with a lot of bosses.
And basically the bosses behind these theaters are not short of money.
It's not like Dolan, who was on the verge of bankruptcy after last year's economic crisis and the team had not made the playoffs in five years, and was sold at gunpoint by fans.
Originally, Dolan was dismissive when he heard that someone wanted to buy the team, but the offer was too much!
But in fact, Jiang Chao admired this prodigal brother. After having so much money, he made a decision that most people want to make but are least afraid to make.
The world's first Chinese NBA owner, how much criticism will there be in North America?
Compared with enjoying prosperity and wealth, this is a very dangerous decision. It is likely to be demolished by xenophobic fans and other factors in less than half a season.
Jiang Chao took a deep breath as he opened the luxurious copper door.
Why do I suddenly feel ignited?
It doesn't seem like a bad idea to start this life with his favorite basketball, right?
Dude, I have to stand on the stage of the NBA Hall of Fame and say something awesome:
"i'm legend"
I am a legend.
...
Jiang went out of the door and pressed the golden button of the elevator.
This 0ne-57 apartment has 2 staircases and 1 apartment, and there are two apartments on the first floor. In other words, two rich people share an area of 500 square meters. The higher they are, the smaller they are. A medium-sized 58-story building like Jiang Chao's is just right, not too much or too little.
You can see half of New York, and you can live alone in a luxurious flat floor of more than 200 square meters.
You can enjoy the services of any super-star hotel for free, and it is free for building owners.
Today is Monday, and he is preparing to go to Madison Square Garden Arena to take over as the new owner.
The news is probably coming out today, because the bank has to go through procedures, and Jiang Chao actually spent 1.88 billion U.S. dollars. People in China like auspicious numbers.
That is to say, the old man's inheritance in the account now still has 120 million US dollars, which is completely enough. It is money that I could not earn in several lifetimes in my previous life.
But obviously Jiang Chao will not be satisfied with this. Now that the purchase has become a reality, he must be the best!
That's the kind of person he is, it's either do it or don't do it.
Or, I am the best NBA boss!
Just like the 2k manager mode, he is already gearing up, okay?
And he has opened his eyes. Compared to the hot-headed original owner, he really understands me!
Historically, Dolan refused to sell the Knicks. The team lived up to its name and let the world see how bad the Knicks were (Lan).
Yang Yi Smith of the United States once said a classic sentence: "The Knicks won the championship when I was born. Now I am 54 years old, and the Knicks have not even touched the Finals."
This shows how poorly run such a world-class golf market is.
If we don’t make the playoffs after 2003, there will be no superstars after Ewing!
He is rated as the worst boss by fans every year and criticized by David Stern for being unintelligent.
People like Jiang Chao who are not Knicks fans can recite the tricks by heart.
Alan Houston's stupid 6-year, 100 million contract, he was crazy enough to poach championship coach Larry Brown before he had any results, and his 50 million, 5-year contract directly drove up the asking price.
You must know that Coach Popovich’s annual salary in 2018 was only 1.5 million.
The most irritating thing is.
After failing to make the playoffs in his first season, Dolan directly fired Larry Brown with a buyout fee of 18 million, which is equivalent to a coach earning 28 million in a season? It exceeded the maximum player salary cap at the time!
This resulted in a bunch of coaches rushing to please Dolan, who acted like a retard.
Dolan was really fooled and signed multi-year contracts with many assistant coaches. As a result, he was still receiving salary even after he was fired. These people are cancer, and Jiang Chao must be among the first to get rid of them.
This is still a somewhat stable management, and there are still some well-known coaches and general managers.
Not to mention the players, they are really easy to change...
"In Dolan's house, you will never see a stable state. His list is always changing. And all of this is unnecessary, and many operations are just redundant." "New York Daily News" famous
Reporter Frank Isola complained directly on the cable sports channel run by Dolan.
But in fact, since the 21st century, David Stern has forced Dolan to sell the team every year, and this year is even more serious, because after buying out Marbury in 2008, there is no All-Star player in the team he has operated!
Even star coach Isaiah Thomas was fired and turned into mustache D'Antoni.
It's useless for you to replace the best coach who coached the Suns in 2003. Do you know that the players don't have the ability to play run and gun?
David Lee is playing center, is that okay?
Yao Ming and O'Neal beat you like a chick?
So this year, the NBA's New York headquarters has been putting pressure on Dolan. Dolan's own cable TV business has experienced financial cuts, so he still won't sell it?
Why not sell it!
Because even with the economic crisis last year, the New York Knicks never stopped making money until they bought Dolan for 30 million in 1997!!
Dolan is a businessman.
Why sell something that can make money?
After he bought it, the Knicks' market value has not fallen below the top two in the NBA. Backed by the New York market, although they lost nearly 40 million US dollars in financial revenue last year, their market value is still as high as 534 million, ranking first among NBA teams.
But does Jiang Chao know that Dolan made 4 billion from the Knicks 22 years after he bought it?
More money than he made from selling cable TV rights!
Later, he was lying down. This was just a money-making tool. If he was scolded, he would be scolded. He just needed more security guards.
So Jiang Chao didn't panic at all after clearing his mind, and even wanted to go downstairs to get a haircut.
This is not a stock, this is a sure-profit deal. Dolan's disgusting operations have given the Knicks a market value of 6 billion in 2021.
He can earn an average of more than 200 million every year as a hands-on shopkeeper!
Therefore, as a boss, he worked hard to achieve fame, career, money and three good harvests.
You can make money without working hard. This world is so cruel. The richer people are, the less likely they are to go bankrupt, because some things can really make money forever.
That.
Why won’t Dolan sell the team in 2022?
Quickly complete the handover procedures within a week, take the money and leave?
1.88 billion!
Too many!
This is the price proposed by Brother Jiang Chao!
You can buy any team at this price! No owner will refuse!
In Dolan's view, this can be worth the profits for the next ten years, and... he can buy another team, and the Knicks are not the only ones who can buy it!
This villain came at the right time. The fans scolded the league and employees. If it wasn't for the sake of money, he would have left long ago.
During the 2009 economic crisis, the market value of the Knicks was at most about 7.8 billion U.S. dollars. Although it would be more expensive to put it up for sale, it would definitely not reach the 1.88 billion level.
That can directly buy the most expensive team in the four major leagues in the United States.
Coupled with Dolan's current capital turnover difficulties, after all, the market value cannot be withdrawn, Jiang Chao's direct one-time payment made him laugh in his dreams.
In Jiang Chao's view, this is actually similar to when Mr. Tsai Chongxin bought the Nets.
New York's economic benefits are simply too strong.
The richest man in the warring country is stupid enough to run the Nets. In 2014, he paid the highest luxury tax of 90.6 million in history and suffered losses every year.
But just because it is in Brooklyn, New York, Boss Cai spent 2.3 billion to win this team.
This directly made Russia's richest man Meizizi earn 1.9 billion US dollars, and he got back all the money he paid for the previous stupid operation. It was equivalent to fulfilling his dream of becoming an actual 2k boss when he bought the team.
But that was 2018! This was 9 years later and after multiple inflations!
Spending nearly 2 billion to buy an NBA team in 2009 was outrageous!
If Jiang Chao traveled one day earlier, he would not have spent so much money.
Money can make Mo push ghosts.
Jiang Chao walked into the elevator with a wry smile.
He has already guessed what the New York Times will write about him today: wealthy, stupid, wronged, brainless, pig-headed new boss of the Celestial Dynasty...
Jiang Chao, who pressed the button for the first floor, thought for a while, then pressed the 0th floor again. Forget it, let’s just walk to the arena. By the way, he could experience the customs and customs of New York for the first time. That classic car is really not suitable for his body type.
.
"Maybe without spending so much money, Dolan wouldn't sell it?
Although I am not a Knicks fan, from today onwards, I am happy that this speculator who does not understand basketball is not the owner of the Knicks, okay?"
As the elevator went down, Jiang Chaoyue became more and more excited.
The impulsive decision made by this prodigal predecessor seems to be the most handsome thing to do.
Of course, you can spend only 300 to 400 million yuan to buy small ball markets, but what's the use?
It seems that Jordan spent 275 million to buy the Bobcats around this time next year. The Bobcats did not increase their profits because of their reputation as the God of Basketball. They should still lose money.
This is the Mecca of Basketball! It is the city with the largest flow of people in the United States. No other city can compare with it. It loses a lot of money every year.
Jiang Chao can make money through his own business, but he can make more in New York, it's that simple.
New York Knicks, the important thing is the word New York!
In terms of long-term benefits, 1.88 billion is nothing!
What is long-term investment? This is the real long-term investment!
It doesn’t matter that I wasn’t a fan of mud before time travel, it’s all because of Dolan.
Now it’s enough to run the Knicks the way you like.
Needless to say, the Knicks’ orange jerseys are still very popular with Jiang Chao.
The team I want, I will build it myself!
"Hello, handsome boy."
While Jiang Chao was intoxicated with himself, the elevator stopped at the 33rd floor. A blond woman smelling of high-end perfume stepped into the elevator carrying a small bag. She looked up at Jiang Chao and raised her hand to say hello elegantly.
Jiang Chao looked at this slightly familiar face expressionlessly.
white!
So white!
............
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