Chapter 456: Swallow it all

"The New York Knicks are now worth between $4 billion and $4.5 billion!"

"The market value of the Los Angeles Lakers has declined recently, but it is at least more than 31~3.5 billion US dollars!"

"In addition to the Los Angeles Lakers and the Knicks, the value of the Golden State Warriors is also extremely high, and if you want to get the Warriors, you have to pay at least $4 billion or more!"

New York.

Upper East Side.

In the newly established Red Giant Company, Zhang Xianglin faced Abel, holding a document in his hand, and was reporting softly.

Abel sat in the president's office and listened to him motionlessly.

This is the price of the Los Angeles Lakers, Knicks and Golden State Warriors, the three most valuable NBA basketball teams in the entire NBA league, found by Red Giant Securities, on Wall Street.

This price is inside.

Aside from the value of the basketball team itself, their ball market is not taken into account. Needless to say, the Los Angeles Lakers have always been the giants in the NBA league.

In addition to their tradition of winning championships on a regular basis, this is also due to the economic rise of Los Angeles over the past 30 years. It is precisely because Los Angeles has become the second largest city in the United States that the Los Angeles Lakers have the second highest ball market in the entire country.

The 1st highest ball market......

Needless to say. The first city of the Federation, New York, of course. Because of this, even the New York Knicks have been playing very badly. In the past 20 years, it has even become a fish belly team, but it still does not prevent the Knicks from still making a lot of money and making the most money.

No way.

Who told the Knicks to have their back to New York? With the big city of New York, even if only 1 percent of the people like the Knicks, the Knicks can still have a good life.

And team ads in big cities are more valuable.

As for the Golden State Warriors, who have risen in recent years. They're not in New York, they're not in Los Angeles, though. But they're in the San Francisco area, and the Bay Area's economy has risen over the past 20 years.

The Warriors are riding on this trend.

From a small team in a small place, a new giant is gradually forming.

For now.

The entire NBA league. The market, team value, economic value, etc., of this merchant team, is definitely the top three existence among the major teams.

Because of this.

After last night's NBA game, Abel really got the idea of buying an NBA team.

That's why he asked Zhang Xianglin to check casually, which are the most valuable teams in the NBA now.

That's where Zhang Xianglin's report came in.

Watching his boss there without speaking and contemplating.

Zhang Xianglin couldn't help but continue to suggest: "BOSS! Although these three teams are currently the top three in the entire league in terms of value, but from the perspective of investment, I personally don't think it's worth it." ”

"Oh?"

Abel was noncommittal.

"Tell me about your suggestions. ”

Zhang Xianglin suddenly came to his senses.

“boss。 Let's start with the team in the city we're in right now, the New York Knicks. As we all know, the Knicks have always been at the bottom of the league. I have won several championship lots, but now I have the largest ball market in the entire federation, and the results are not worthy at all!"

"If it weren't for them in New York. I guess I've been losing money and going bankrupt a long time ago, I don't know how many times! And James Dolan is very greedy. ”

"As far as I know. In the last 10 years, there have been at least three occasions when someone has been interested in the New York Knicks and made an offer for the Knicks. But because James Dolan's asking price was too high, they were all persuaded to quit!"

"If you want to win the New York Knicks, you don't have about $5 billion. I believe James Dolan won't want to let go! $5 billion, that's enough to win any team in the entire NBA league!"

"Based on the New York Knicks' profit last year, $189 million! The cost of $5 billion, not considering the loss. It will take at least 30 years to pay for itself!"

In the face of Zhang Xianglin's persuasion, Abel nodded.

Don't look at the NBA, it seems to be beautiful, but this kind of business is actually not so easy to do. Of the 30 NBA teams, no more than 15 are able to make a profit on their own and break even.

The majority of the remaining teams are largely financed by the NBA league itself.

Those who can do well in terms of profitability are the NBA teams in the league that are in big cities.

For example, the New York Knicks are in New York, the Los Angeles Lakers are in Los Angeles, and the Golden State Warriors are backed by the high-tech Bay Area.

Those remote Bucks and the like, the best of them is probably only the Spurs.

Only the Spurs can be in a true love of the owner. Relying on the small ball market and cultivating stars by himself, he can actually become one of the giants in the NBA, a commercial league.

It's not easy.

But don't look at the Spurs as they look like one of the biggest clubs in the NBA, they're not worth anything at all. $1 billion to $2 billion can win this great team with a brilliant record in the history of the NBA league.

A New York Knicks that looks rubbish, but it's worth two or three more Spurs like this.

So you can't just look at their records, if you want to do business. The most important thing to consider is whether you can make money.

Apparently.

According to Zhang Xianglin's understanding. What's wrong with losing that $5 billion? Losing it to a team like the New York Knicks, which is very profitable, even in the league. The annual income of $5 billion is still no match for the investment lost in other areas.

If we assume that the New York Knicks' annual profit can only be around $189 million to $220 million.

Then the $5 billion was lost to the New York Knicks, the most profitable team in the NBA league.

Its annualized return is only between 3.5%~4.5%.

It is better to use this money to buy treasury bonds! The annualized return of 30-year treasury bonds can be above 5.5 percent!

Zhang Xianglin is based on such considerations.

Abel also knew this.

He said noncommittally, "Very well...... Let's talk about the Los Angeles Lakers or the Golden State Warriors. ”

Zhang Xianglin thought that the boss was moved by what he said, and hurriedly continued to persuade: "BOSS! The Los Angeles Lakers and the Golden State Warriors are the same! The market value of these two teams is certainly not as high as that of the New York Knicks." ”

"The Los Angeles Lakers probably need between $3 billion and $4 billion right now. ”

"The Golden State Warriors are probably the same price, or even cheaper. ”

"But relatively speaking, their profitability is also a little worse than that of the New York Knicks!"

"If you throw all this money on them, the annualized return will never exceed 6%!"

"We throw this money elsewhere! With the ability of the owner, the benefits are hundredfold, thousand, or even ten thousand times more than those lost on these teams!"

Zhang Xianglin's statement is actually understandable, the NBA league seems to be very profitable. But if you compare it with anyone, you don't count the New York Knicks, the No. 1 big city team with a bit of an inflated market value.

Among the other major teams, they have the highest level of profitability, based on their market capitalization. At most, it's about 6%. An annualized return of 6% per annum already looks pretty good.

After all, among the world's major powers, there are only one or two of the world's major powers whose GDP growth rate exceeds 6% per year.

GDP and these annualized returns are actually similar, and the annualized returns of about 6% are a very profitable and stable business for others.

But for Abel.

From Zhang Xianglin's point of view, this is too unprofitable. He has long been accustomed to his boss's ability to easily double, quadruple, or even more than 10 times his earning power.

There is such an ability.

The money is used to invest in other industries, even if it is not gambling on the foreign exchange or stock market.

Invest in other money-making businesses, such as the Internet business.

Just the money from selling stocks is all kinds of fancy hanging sports events.

It's just that Zhang Xianglin didn't take it into account, standing in Abel's point of view...... Owning one or more NBA teams of your own, using Blizzard's dad to teach others to play games is: this is very, very cooooo

Therefore, Zhang Xianglin got a reply:

"Alright. The persuasion ends here. Zhang!"

He started by saying it in English.

Then the order was given in the native Chinese dialect that Zhang Xianglin was familiar with:

"Contact Jenny Buss! Make an offer for the Los Angeles Lakers!Contact James Dolan and make an offer for the New York Knicks!"

"yes, and the Golden State Warriors, and the Celtics, and the Clippers...... The Clippers are rubbish, but the Clippers are in Los Angeles too!"

"Also, help me call the president of the NBA league, can a person hold more than one team?!"

Zhang Xianglin was stunned for a moment.

He didn't expect that after persuading him for so long, the boss still insisted on investing in this business that is stable but has a really bad annualized return.

But Zhang Xianglin is very modest, just like the way of governing the country on the other side of the Pacific.

Since the boss said so.

I have already said what I said from the bottom of my heart, and there is no way for the boss to be unwilling to adopt it.

Now the boss is going to do it.

As one of Abel's top assistants in the New York area, Zhang Xianglin chooses: do it!

"Okay! boss!"

Zhang Xianglin nodded and said.

"I'll do it right away! Inform these teams and make an offer to them!"

Syllable!

Able snapped his fingers.

A beautiful woman waiting in the back is actually not very physical, but Emma Roberts, who was the least abused by him last night, immediately handed over a cup of coffee obediently.

"Let's do it!" Abel glanced at Emma Roberts, who was dressed as an OL dress, but was very petite, causing her to look a bit like a playhouse, and said to Zhang Xianglin.

Zhang Xianglin didn't even look at Emma Roberts. There are more and more beauties around the boss, and there are more and more Hollywood stars. This kind of thing is already used to these subordinates.

Even Zhang Xianglin felt that the famous Chinese fairy girl who appeared in Paramount several times. The goddess in the minds of many otaku and men in China, Concubine Liu Yifei also has an unclear relationship with her boss.

Fortunately, what I like is Liu Yan...... The boss shouldn't be interested! And Liu Yan won't come to Laomei to develop!

He thought.

Zhang Xianglin was about to say goodbye and leave. Suddenly I thought of a new company in New York, and the beneficiary boss probably wouldn't care.

But he felt that he still had to tell his boss, and before leaving, he said:

"BOSS! Our New York office has just been launched......! Some of the new people being hired are from Wall Street. Part of it is recruiting from the community, you look at the recruitment work......"

Really.

Able waved his hand.

"Such little things. You can handle it yourself, and you will invest according to the oasis on the west coast! In the future, the west coast will be handed over to the oasis investment, and this side will be handed over to the Sun Fund! The international investment will be handed over to the red giant!"

"Oasis Investment, Alferteli and Lana over there, I'll have Cary Garnett come over here to help you!

"Don't let me down! It's up to one side to lead the other!"

"As for the Red Giant, there is also international investment, which I am personally directly responsible for!"

Zhang Xianglin was very excited.

"Okay!

His voice trembled.

Abel waved his hand.

Zhang Xianglin left.

Before leaving, out of the corner of his eye, he saw the boss waving to the famous Hollywood actress, Emma Roberts, who then lowered her eyebrows and walked over, and then the door was shut.

Two worlds outside the door and inside the door.

Outside the door, there is a red giant company that is in full swing of recruitment, and all the capable members.

Inside the door, he obediently climbed under Abel's crotch, softly pulled down Abel's trouser chain, and began to serve something that looked a bit like a baseball bat with "tools for self-eating", "tools for talking", "organs through food", and so on.

"Hoo ......"

Abel exhaled comfortably.

I really didn't expect this big beauty, who might even be less than 1.6 meters tall, to be able to swallow something almost as long as her arm.

Really......

That's how the human body is structured!

While enjoying himself, Abel asked, "What about the three sisters? Now you are on the same trench! Why are you the only one here?"

Emma Roberts struggled to throw it out.

"They're tired and busy," said flatteringly. They're still young...... The two little ones were even the first time last night, and now they can't walk. It's bigger, but it's not going to go far...... They're going to have a good rest......"

"I'm fine. So I'm here to take care of you...... They agreed!"

"Uh-huh......"

Abel nodded understandingly.

Whispered, "Swallow it all." I know you can!"