Chapter 659: Target Timberwolf
Chapter 659 of the text targets the Timberwolves
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"Okay, for the sake of two pounds of coffee beans!"
Kroenke took a sip of coffee and habitually stroked his thick upper lip beard with his thumb and forefinger.
Qin Yi leaned forward to listen, and stretched out his hand to signal him to continue.
"At present, there are two teams listed for sale in the league, the Nets and the Hawks, you should know this."
Qin Yi nodded.
Kroenke continued: "What has not been announced is that the Timberwolves and Pelicans are also interested in selling and have been approved by the league, which is not a secret in sports business circles, and many IT and venture capital bigwigs are also interested in buying. โ
Qin Yi smacked his lips, quite interested, and said, "The tables of these teams are not very good." โ
"Not so good? It's just terrible! Except for the good Eagles, the others are the bottom teams in the league, with strength and market value! God, it's far worse than my Nuggets! Kroenke scoffed, disdainful.
Qin Yi was a little funny when he heard it, the Nuggets were not much better, judging from the information he checked, the ranking has been very backward in recent years.
Seeing Qin Yi's joking smile, Kroenke also remembered that he had bought the Nuggets for 16 years, and it had not improved, and there was really nothing to compare with those weak teams, so he changed the topic: "Okay, it's not this that we want to discuss, isn't it?" โ
"Yes, talk about the selling prices of a few teams, you must have some inside information! My coffee isn't so easy to take! Qin Yi twisted his wrist, gestured at the posture of the pistol, and snapped, indicating that he was not a fool.
"Of course! If you want to buy all the shares, don't think about the Nets, the Russian is still thinking about holding, and the Hawks' equity is also relatively dispersed, which is too troublesome! That leaves only the Pelicans and Timberwolves, both with a market capitalization of between $600 million and $670 million! โ
Kroenke drank his coffee and looked up at him, trying for him to pick one in it.
Qin Yi has also done a lot of work in the past few days. Knowing that the Timberwolves are in Minnesota, and Montana is only across North Dakota, it is more convenient to move the team to Montana in the future.
"Good. Tell me about the Timberwolves, and tell me the lowest price, I don't believe you don't have any valuable news! โ
This old guy not only owns the Nuggets, but also several baseball and football teams. It's all American professional league teams, if you want to say that such a sports boss doesn't have any inside information, Qin Yi won't believe anything!
"I was about to say that!" Kroenke shrugged.
"Actually, I also built to buy the Timberwolves, the profitability of this team in the past two years is limited, but this is more beneficial to you, the market value is 600 million US dollars, but I think 5.5 to 5.8 is a more appropriate price."
Qin Yi touched his chin, five or six hundred million was acceptable, the billions on his account were originally intended to buy some shares. However, the finance firm and the legal team are still negotiating with the minority shareholders, so the money has not been spent.
Seeing him groaning, Kroenke thought that he thought the asking price was too high, hesitated, and said: "In this way, Yi, I have some friendship with the old guy who sells printers in Tyron, and I may be able to help you, but if I want to help you, those two pounds of coffee beans are too few?" โ
"Five pounds. I'll give you another pound every month in the future! โ
"Deal!"
With a "snap", the two of them high-fived and laughed like an old fox!
Kroenke only needs to give Timberwolves owner Tyronn a blow, so he's happy with the white beans. God, this is the best coffee, you can't buy it with money, well, maybe you can invite your friends to sit at home when you go back
Of course, just to discuss the prospects for the development of the sports industry. It's not about showing off delicious coffee!
Qin Yi is even happier, the coffee beans in the warehouse are piled up with mold, rather than rotting, it is better to take them out for favors, if you really save a lot of money because of this, it will really make a lot of money!
At the invitation of Kolo, the Kroenke father and daughter stayed for lunch, and in the afternoon they rode the Bonecrusher for a few laps before leaving.
Qin's mother was cooking soup in the kitchen, and Qin Yi was in the living room to make her daughters-in-law happy.
Susa, who had become sleepy, leaned on his arms for a while, rubbed his eyes as soon as he woke up, looked at him with some concern, and said, "Yi, are you really planning to buy the next team?" Don't think about it anymore? โ
Chloe and Ricky, who were originally watching the talk show, also stopped at this moment, turned their heads to look at Qin Yi, and were faintly worried, God, this is an investment of hundreds of millions of dollars, can you really make money by buying a team?
"Didn't we say yes?"
Qin Yi gently stroked her gradually bulging lower abdomen, and there was a reassuring smile on her face, "Don't worry, the market value of the team has been rising, the Bucks were only $400 million two years ago, and now they have climbed to 600 million!" โ
"But with a team like the Timberwolves at the bottom, what do we buy it for? If you don't play well in the game, you will be scolded, and if you want to make money with such a low profit, it is better to buy more ranches! โ
This is Kolo's opinion.
In fact, she agreed before, but when it really came to an end, she became hesitant again, after all, it was an investment of hundreds of millions of dollars, and the family had no experience in the sports industry, so it was really hard to say what it would be like in the future!
"We can make more money by continuing to buy ranches, but we can't make all the money in the world! I just bought two ranches not long ago, and I haven't had time to digest them yet. Qin Yi patted them on the shoulder amusefully.
In fact, they don't have to focus on making money, in the final analysis, they are still worried about getting involved in a new industry!
"Have you forgotten that I know Chinese medicine? You are all faster and stronger than the others; If we find a few good players and stimulate our potential through traditional Chinese medicine, we may be able to have a strong team and get the support of thousands of fans, and we will be able to make a lot of money! โ
The daughters-in-law were still attracted by the prospect he described, and out of trust in him, they no longer hesitated to let him attack the Timberwolves.
Qin Yi immediately contacted Miles and asked him, as an agent, to come forward to discuss the specific details of the acquisition with Timberwolves owner Tyron, of course, he also had to send a lawyer to go with him, business is business!
When Angel came back from school, Qin's mother had finally made the soup that had been cooking all afternoon, and there were more than a dozen old hens left that were more than a year old, and today they were also reimbursed again, mixed with large pork ribs, corn nuggets and old ginger, and the aroma of stew was overflowing!
The little girl entered the house, her eyes lit up when she smelled the fragrance, and as soon as the little rabbit schoolbag was thrown, she ran to the kitchen, her little mouth was sweet, and she praised her grandmother's good craftsmanship, and she was so happy that Qin's mother was the first to serve her a bowl!
However, during this period, she was most concerned about Susa and Richie, waiting for them to have a big fat grandson, so she appeased the little girl, immediately filled two large bowls, and personally brought them to the living room to watch them drink!
Qin Yi naturally hurriedly took it, then let his mother rest, and ran to the kitchen to fill three more bowls, and the family enjoyed the beautiful chicken soup.
"Dad, Teacher Linna said that tomorrow is Campus Donation Day!" Angel didn't want a spoon, she just held a big bowl and drank it, she still wanted to finish this bowl and serve another bowl of chicken, she didn't eat meat yesterday!
"Okay, Dad will accompany you to school tomorrow! By the way, what did you prepare this time? โ
The Campus Donation Day is a local campus event, where children donate small items such as buttons, hairpins, handicrafts, and even clay figurines and paintings, and then parents bid for their own auctions, and the proceeds will be used for the maintenance of campus public facilities.
"I painted a picture, and in the painting, I taught my brother to swim!"
The little girl raised her head with some pride, which made the adults laugh, is it worth being proud to teach her younger brother to swim!
The next day, Qin Yi took the little girl to the campus, bought the little girl's masterpiece for five hundred dollars, and when she came back, she put it in her room, and when her brother was born, she would know how much her sister doted on him!
Two days later, a blast of cold air swept through Montana, and the first snowstorm since Thanksgiving struck so suddenly. )
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