Chapter 471 - In Business
Looking at the information in hand, in terms of price, there is no doubt that the New Jersey Nets are the most suitable choice for Arthur at the moment, no more, no less.
However, Arthur, who knows some of the NBA situation, is more fond of the famous Golden State Warriors who will rise in the future, after all, playing the NBA, who doesn't want to win a championship while making money, or even build a dynasty or something.
And, in terms of results, although the Golden State Warriors are also terrible, they are at least much better than the Nets.
Speaking of the Nets, it should be regarded as a team with a low sense of presence in the NBA league. Although they have achieved good results under the leadership of Kidd, Carter and others, in recent years, in addition to creating some waves in the new stadium in Brooklyn, New York, they have signed Dakong Yi and have a lot of fame in the Celestial Empire.
However, the Nets have achieved terrible results in recent years, and the lineup is not as star-studded as other teams, and the peak can be traced back to the 2001-2002 season and the 2002-2003 season to reach the Finals twice, with Jason Kidd, Kenyon Martin, Richard Jefferson's Nets team lost to the Lakers and Spurs in the Finals, missing the championship.
As for the Warriors, it is a similar situation, although there is a Black Eight Miracle, but it is like a flash in the pan, and the record is also on the street.
"Do you have any good suggestions?"
Arthur is really a little entangled, to be honest, because of the memory of the future, he prefers the Golden State Warriors, however, the price is more than twice his budget, so he wants to hear the opinions of his group of financial professionals.
"The New Jersey Nets, both in terms of price and future development potential, surpass all teams, and there are three main ways for NBA teams to make money, one is advertising sponsorship fees, the second is television broadcasting, and the third is game day ticket revenue and merchandise sales.
If you have a choice, it's best to be located in a big city, which guarantees the revenue of the ticket market, but at the moment, none of these teams have any advantage, such as the Golden State Warriors, who have been trying to move from Oakland to downtown San Francisco in order to get a bigger market.
According to our understanding, the New Jersey Nets have also been trying to move from New Jersey in the small ball market to Brooklyn, New York, for which they have built a new arena in Brooklyn, that is, Barclays Center, which is a new modern arena at a cost of $1 billion, although it is still under construction, but Barclays Bank will spend $40 million a year for the naming rights of the arena.
Although the Nets only sold 80% of the shares this time, they also included 45% of the ownership of the Barclays Center Arena, and the price was only more than $200 million, which is definitely a good deal!
The stadium is a real high-quality asset. The market valuation of this arena is bound to rise in the future. In the United States, and especially in New York, such a state-of-the-art venue doesn't have to worry about how to make money. In addition to sports competitions, various cultural performances, and events will also be scheduled.
As for the current situation and future results of the Nets, to be honest, boss, the worse the Nets, the better, and only in this way can the team be rebuilt... ”
Listening to his subordinates, highly recommending the New Jersey Nets, Arthur was instinctively a little repulsive at first, but with the analysis of his subordinates, he became more and more fond of the Nets.
You know, businessmen are profit-seeking, and no one will do thankless things. Especially in the NBA, no one is the king or the weak forever. The Nets' past record is hard to look at, but this can be a new starting point for them.
In the NBA, there are stars, there is a reasonable lineup, and it is natural to get good results. As long as you find a way to survive in the NBA and grasp the summer of each year, it is not out of reach for the Nets to bottom out.
After all, even the Warriors, which he preferred before, didn't it take for rookie Curry to gradually grow up and rebuild the team around him, so dazzling results?
More importantly, if the Nets can really move from New Jersey to Brooklyn, New York, then the value of the Nets will not be the same! You know, New York is undoubtedly a city with a very developed market in all aspects.
The Knicks, who seem to have nothing to do with the playoffs, don't stop them from being one of the most valuable teams in the league, and it doesn't stop Madison Square Garden from having a full attendance.
And being in the big market also provides a lot of convenience for the team's commercial development, although commercial sponsorship is not conspicuous in the income composition of the NBA team, but the Nets have a big space, although his gold content is not comparable to the little giant, but Arthur knows better than anyone that the era of the little giant is coming to an end.
And without the NBA of the little giant, the Celestial Empire market will undoubtedly be transferred to the only remaining Da Kong Yi, even if he is not very suitable for the NBA, but I have to say that Da Kong Yi's technology is still very good, and it is still possible to play a substitute lineup or something, even if he is raised, the money he earns from the Celestial Empire market every year is definitely a value-added business!
What's more, it includes a new arena, which is a real asset!
Although the Nets are still a civilian team at this stage and have gone through a lot of detours, as long as they sort out their ideas, grit their teeth and mess up for a season or two, get a good signing, and rebuild the team, maybe in the near future, the Nets will become a real powerhouse in the league.
To be honest, investing in a football club and buying an NBA team, for Arthur, is not scared at all, in this regard, he has his own experience, that is, in the short term, don't care about the team's results, everything is in business, trust professionals, do it as a torch, hire a group of discerning management, fully decentralize, do not mix blindly, blind command.
After thinking for a while, Arthur made a decisive decision and said to his subordinates: "Divide a group of people, contact the owner of the Nets, I want to buy it... By the way, do we have any competitors?"
"Yes, Prokhorov, who topped the Bears' wealth list in 2009, is also interested in the Nets and is our biggest competitor. However, the boss is not without your advantages, that is, your background, no matter what, he is from the bear country. ”
Hearing the words of his subordinates, Arthur couldn't help but shake his head and laugh, as he said before, in the United States, not everyone can become an NBA boss, it's not just about money. The NBA has to review the qualifications of team buyers, and if the review is not passed, no matter how much money there is, it is useless.
The richest man in the bear country with a complex background, if he wants to gain the trust of American society, I am afraid it is not so easy, even if the other party crushes him with his financial advantage at that time, he can use public opinion to stir up the transaction.
Moreover, many owners of the NBA may not welcome the local tyrants of the bear country to join the league, after all, the way the bear country tyrant plays sports is so simple and rude, I believe they will also be very worried that the arrival of this Prokhorov will break the economic balance of the league, right?
With these thoughts, Arthur couldn't help but smile on his face and said: "Then lift it as soon as possible, as long as the other party is not a lion who opens his mouth, he will immediately sign an agreement with them, in case there are more accidents and variables!"