Chapter 507 Clippers' Finances

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The most famous example of this is Time Warner's 20-year, $3 billion regional broadcast contract with the Lakers in 2012. The Lakers can get $150 million in broadcast revenue from Warners each season. That's more than the share of the national broadcasts they receive from the Union.

Although the current Clippers are not as glamorous as their neighbor Lakers, they have participated in the playoffs for two consecutive years, and now they are playing to the extent of the Finals, which has also attracted more and more fans to the team. Now, Canal+ and TNT, two private sports channels in Europe and the United States, are giving the Clippers a broadcast share of 25 million a year.

Next up is 'Ticket Revenue'.

Today, the Clippers play at the Staples Arena, which is shared with the Lakers, and has a maximum of 19,000 seats. Proud of the Clippers' excellent record, the Clippers' attendance rate in the last two seasons has been very good, especially this season, basically more than 70% per game. As a result, the Clippers' ticket revenue this season exceeded $50 million for the first time, reaching $50.13 million.

Then there's the team's advertising revenue.

The NBA league stipulates that each team's advertising is run by each team itself. And this part of the advertising revenue comes from three aspects. First, the advertisements in the stadium, that is, the signs placed on the sidelines. Second, the naming fee of the stadium. The Warriors agreed to $300 million over 20 years with Seymour, and the Rockets reached $95 million over 20 years with Toyota. Of course, now that Yao Ming is gone, Toyota's cooperation with Rockets has basically collapsed. And the former is more because it was a contract signed ten years later. At that time, the price of the stadium naming rights had already doubled.

Finally, jersey advertising revenue. The Clippers' jersey ads were all sold to Guo Shouyun's companies. The Clippers could make $12 million a year in revenue.

In addition to the stadium naming rights, the Clippers can earn 35 million dollars in advertising revenue on in-arena advertising and jersey advertising.

Finally, there is the NBA peripheral product commission, the player's jersey sales commission, the consumption income in the stadium and so on. In the 02~03 season, the Clippers earned $13.8 million from this.

In other words, throughout the 02~03 season, the Clippers' total revenue reached $174 million.

As for the expenses, there are three main aspects, staff salaries, new venue construction expenses and taxes.

Among the salaries of employees, the salary of players is undoubtedly the largest piece. And of all the players, Kidd has the most salary expenses, with $12 million before taxes. That's next with $7.5 million for Corey Margeti, followed by $6 million for Pau Gasol and $4 million for Quentin Richardson.

As for Yao Ming and Memet Oku, they are both newcomers, and their annual salary in the first year will naturally not be very high. The former is 3 million and the latter is 2 million. As for Billups, although he is now the team's main shooting guard. But when he bought it, he was the Raptors' water cooler keeper, and his first year with the Clippers was only $2.5 million. Gasol is tall because he has already proven himself last season.

So, even though the Clippers played well this year, beat the Lakers and entered the Finals. But it didn't touch the league's $40.27 million salary cap for this year.

However, given the team's excellent performance this year, there will definitely be a big increase in salary expenses next year.

Spending on the construction of new venues. Today, the Clippers are building a new arena and training base in San Jose. The total investment amounted to $250 million.

The expenses in the early stage were paid in advance by Guo Shouyun, and they naturally had to be deducted from the Clippers' revenue in the middle and later stages. Otherwise, wouldn't it be in vain to pay taxes to the state?!

Finally, there is the tax expense, and the most powerful agency in the United States is the U.S. Internal Revenue Service. Therefore, in addition to taking advantage of legal loopholes as much as possible to avoid taxes, Guo Shouyun will not evade taxes. Because of the small loss, the wise do not do it.

Together, the total spending of the Clippers in the 02~03 season is as high as $153 million. The actual profit in his hands was only $21 million.

Of course, all of these numbers are estimates, because the season isn't really over yet. However, the difference will not be too big. After all, broadcast revenue and advertising revenue are both predetermined, and ticket revenue can also be estimated.

"Not bad. This year's revenue and net profit are both higher than last year. ”

After reading the entire data, Guo Shouyun nodded with satisfaction.

"It's all the wise leadership of the boss that makes the Clippers where they are now. In particular, you strongly chose 'Yao' with the top pick, which directly doubled the team's advertising revenue. ”

After enduring Elgin Baylor's sycophancy, "You also contributed to the management of the team. Don't worry, I won't treat you badly!"

"Thank you, boss!"

After nodding, "I forgot to tell Coach Brown about something just now, so I'll leave it to you later." ”

"Okay!"

"Didn't the team want to cut Corey Margeti and then strengthen the small forward position through the draft? If you can get Wade, it will be better. If we can't get it, I think the Grizzlies' Sean Battier is a better fit for us than that Kirk Hinrich. ”

Kirk Hinrich, Guo Shouyun has no impression in his mind at all. But Sean Battier is very familiar with him. It's not that Guo Shouyun deliberately remembered it, but was forcibly instilled by his friends. Because this guy is Yao Ming's teammate, every time his colleagues chat after watching the Rockets' game, they are full of praise for this guy.

Technically well-rounded, defensively strong, honest, and well-mannered, Batman and many more, despite not being an All-Star, are indispensable best sixth men for every team.

Once, twice, three times, even if Guo Shouyun doesn't watch the NBA, he repeats it a lot in his ears, as long as he is not a fool, he can remember it.

After jotting down the team and the name, "I'll keep Coach Brown informed and ready to reach out to the Grizzlies." ”

Gasol, Yao Ming, Billups, Memet Oku, these four newcomers that Guo Shouyun strongly selected, except for the latter who is slightly weaker, the first three are All-Star level players in their respective positions.

With that experience, Elgin Baylor has almost 100 per cent trust in his eye for player selection.

"With the exception of Kidd, Gasol, Yao Ming, Billups, and Memet Oku, the rest of the team can be traded to the Grizzlies for any one of them if Coach Brown agrees, including our first-round and second-round picks next year. ”

"Yes!"

"Well, that's all I have to say. You do it, I'll go first!"

"I'll send the boss!"

After leaving the Clippers' training gym, Guo Shouyun came to his home in Los Angeles. It's been a long time though. But the bodyguards and servants keep it well.

After settling down, he first explained to Qian Dongpo and asked him to continue to go to the training hall tomorrow to do the test, and after training, Guo Shouyun calmed down to deal with the company's affairs.

"Boss!"

"Stephen, how are things going? Does National City Bank agree with our merger plan?"

"I keep talking to Ruben d'Estaing about it. But he has a lot of problems with the boss's behavior of splitting the Thunder Fund from Phoenix Bank. Therefore, the negotiations between the two sides have been deadlocked during this time. ”

"It seems that even if there is no thunder, he is still reluctant to us!" Guo Shouyun said with a smile.

"Of course, although the Phoenix Fund and the Phoenix Trust cannot achieve too high excess returns. However, the revenue achieved by Phoenix Capital is no worse than that of Thunder Fund. Ruben d'Estaing is not blind, he can see it, and he is even more reluctant. The reason why there is still a stalemate is nothing more than an attempt to obtain better conditions from us. ”

After nodding in agreement, "Do you think it's a little pressure on him, I don't want to drag this matter on for too long." And, I'm sure you can feel that the U.S. economy is recovering, and the real estate industry is growing faster and faster. More and more people will notice the cornucopia of real estate subordinated debt. I don't want to be shared by too many people. ”

"I understand that. So I've already called Ruben d'Estaing. Give him another week, or we'll give up on this merger. ”

"Are there any concessions on the terms of cooperation?"

In fact, when we agreed to merge, we were already making concessions. Phoenix is the most popular financial company on Wall Street. ”

"Haha, I like your confidence!

"Rest assured, boss!"

After a brief chat, Guo Shouyun hung up the phone.

"Knock...!"

"Come in. ”

Wang Jue pushed the door and walked in.

"Boss, what do you want for dinner?"

"Dinner?" Guo Shouyun looked up at the window, and he didn't know when, the originally bright sunshine had now turned into a sunset.

"What time is it?"

"It's six o'clock in the evening in one hour. ”

"It's so late, time flies. ”

After cleaning up the documents on the table, Guo Shouyun, who was inexplicably irritable, stood up.

"Where's Matthew?"

"Boss!"

Matthew, who was standing outside the door, heard the sound and walked in.

"Let's go out to eat tonight. You come with me. ”

"Yes!"

Always eating at home, although home is not the same from home, he also wants to change the taste, change the atmosphere, and change the environment.

"By the way, Wang Jue, you and Xiaojing can stay at home and eat. I'll just go out with Matthew. ”

"Yes!"

Wang Jue reluctantly agreed. As an assistant, the closer you are to your boss, the better your future will undoubtedly be. But now that the big boss has spoken, she doesn't dare to disobey.

"Let's go!"

Greeting Matthew, Guo Shouyun and the two drove out of the house.

"Boss, where are we going to eat?"

"Drive around, I'll take a look first!"

I don't know why, every time I come to Los Angeles, Guo Shouyun always wants to look around and take a break by the way.

Hearing his words, Matthew nodded, slowed down and drove aimlessly through the streets of Los Angeles. Of course, for Guo Shouyun's safety, the direction he also drove in was basically a community or a central business district with good security.