Chapter 2: Why Sell the Knicks?
Chapter 2: Why Sell the Knicks?
"It's good that Broadway can't buy ......."
Jiang Chao exhaled lightly, Broadway is actually a street name in New York, there are a bunch of theaters in it, it is just synonymous with musicals, if you really want to buy it, you have to communicate with a bunch of bosses.
And basically the bosses behind these theaters are not bad for money.
It's not like Dolan, who was on the verge of bankruptcy after last year's economic crisis and the team's failure to make the playoffs for five years, and was sold at gunpoint by fans.
Originally, Dolan was dismissive when he heard that someone wanted to buy the team, but he gave too much!
But in fact, Jiang Chao admired this loser brother, after having so much money, he made a decision that ordinary people wanted to do but dared not do.
The world's first Celestial NBA owner, how much criticism will there be in this land of North America?
This is a very dangerous decision compared to enjoying prosperity and wealth, and it is likely that it will be knocked down by various factors such as xenophobic fans in less than half a season.
Jiang Chao, who opened the luxurious bronze door, took a deep breath.
Why do you suddenly feel ignited!
This life started with his favorite basketball, and it doesn't seem to be bad?
Buddies also have to stand on the podium of the NBA Hall of Fame and say:
โI'm legendโ
I am a legend.
......
Jiang went beyond the door and pressed the golden button of the elevator.
This 0ne-57 apartment has 2 ladders and 1 household, and there are two apartments on the first floor, that is to say, the two rich people share an area of 500 square meters, the higher the smaller, like Jiang Chao's medium 58 floors are just right, you can see half of New York, and one person lives in a luxury flat of more than 200 square meters.
You can enjoy the services of any super-star hotel for free, and the owners of the building are free of charge.
It's Monday, and he's getting ready to take up his role as the 'new owner' at Madison Square Garden Arena.
The news is estimated to come out today, because the bank has to go through the procedure, Jiang Chao actually spent 1.88 billion US dollars, and the people of the Celestial Empire like auspicious numbers.
That is, the old man's inheritance in the account now has 120 million US dollars, which is completely enough, and it is money that he couldn't earn in his previous life for several lifetimes.
But obviously Jiang Chao will not be satisfied with this, since it has become a reality to buy, it must be the best!
He's such a person, or he doesn't do it.
Or, I'm the best NBA owner!
Just like the 2K Manager mode, he's already gearing up, okay?
And he has opened his eyes, compared to the hot-headed original owner, he really understands his brother!
Historically, Dolan didn't sell the Knicks, and the team, as its name suggests, has shown the world how bad the Knicks are (Lan).
Yang Yi Smith once said a classic sentence: "The Knicks won the championship when I was born, and now I am 54 years old, and the Knicks have not even touched the finals." โ
It can be seen how poor the operation of such a world-class ball market is.
After 03, he will not enter the playoffs, and there will be no superstars after Ewing!
Every year he is rated as the worst boss by the fans, and he is criticized by David Stern for not being wise.
Sao operation Jiang Chao, who is not a Knicks fan, can recite it like a stream.
Alan Houston's 6-year, 100 million stupid contract, like a neurosis, poached the championship coach Larry Brown before he played the results, and the 50 million 5-year contract directly drove up the forced price.
You must know that the annual salary of coach Popovich in 2018 is only 1.5 million.
The most annoying thing is.
After not making the playoffs in the first season, Dolan directly laid off Larry Brown, with a buyout fee of 18 million, which is equivalent to a coach earning 28 million in one season? More than the top salary of the player salary cap at that time!
As a result, a bunch of coaches rushed to curry favor with Dolan, who had a mentally retarded operation.
Dolan was really fooled, and signed multi-year contracts with many assistant teachers, resulting in the fact that he still got paid after being fired, these people are tumors, and Jiang Chao will definitely be the first to clean them up.
This is still a slightly stable management, and they are all coaches and general managers who are a little famous.
Not to mention the players, it's really like a stream.....
"You never see a stable state in Dolan's house, and his list is always changing. And all this is unnecessary, and many operations are just redundant. Frank Isola, a well-known reporter for the New York Daily News, sprayed directly on the cable sports channel run by Dolan.
But in fact, since the beginning of the 21st century, David Stern has coerced Dolan to sell the team every year, and this year it is even more serious, because after buying out Marbury in 08, he has not operated a single All-Star player on the team!
Even the star coach Isaiah Thomas was fired and turned into the mustachioed D'Antony.
It's useless for you to be the best coach who coached the Suns in '03, and the players don't have the ability to run and bang, you know!
David Lee is playing center, can he do it?
Yao Ming and O'Neill don't beat you like pinching a chick?
So this year, the NBA's New York headquarters has not stopped pressuring, and Dolan's own cable TV business has been financially cut off, and it is not sold?
Why not sell!
Because even after last year's economic crisis, 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 makes money?
After he bought it, the Knicks' market value has not fallen past the top 2 in the NBA, backed by the New York market, although they lost nearly $40 million in revenue last year, but the market value is still as high as 534 million to rank first in the NBA team.
But Jiang Chao knows that Dolan earned 4 billion from the team 22 years after buying the Knicks.
More money than he made selling cable rights!
Later, he himself lay flat, this is just a money-making tool, he was scolded when he was scolded, and he was equipped with more security.
So Jiang Chao didn't panic at all after sorting out his thoughts, and even wanted to go downstairs for a haircut.
This is not a stock, this is a sure-fire business, and Dolan's disgusting operation has made the Knicks worth 6 billion in 2021.
He can earn an average of more than 200 million per year when he is the shopkeeper!
Therefore, he, the boss, works hard to achieve a good reputation, career, and money.
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 always make money.
That.
Why didn't Dolan sell the team in 2022.
Quickly complete the handover procedures within a week, take the money and leave?
1.88 billion!
That's a lot!
This is still the price that Jiang Chao's hot brother took the initiative to propose!
You can buy any team at this price! No boss will say no!
In Dolan's view, this can be worth the profits of the next ten years, and... He can buy the team again, and it's not just the Knicks who can buy it!
This injustice came at the right time, the fans scolded the league and scolded the employees, if it weren't for the money, they would have left a long time ago.
Under the economic crisis in 09, the market value of the Knicks was about seven or eight billion US dollars at most, although it would be more expensive if it was sold out, but it would definitely not reach the level of 1.88 billion.
That can directly buy the most expensive team in the four major leagues in the United States.
In addition, Dolan is currently having difficulty in capital turnover, after all, the market value cannot be withdrawn, and Jiang Chao's direct one-time payment makes him laugh in his dreams.
In Jiang Chao's view, this is actually similar to Mr. Tsai Chongxin's buying the Nets at that time.
New York's economics are just too strong.
The richest man in the fighting country is stupid enough to run the Nets, he has handed over the highest luxury tax in history of 90.6 million in 14 years, and he has lost money every year.
But because it was in Brooklyn, New York, this team cost Boss Cai 2.3 billion to win.
This directly made Russia's richest man Mei Zizi earn 1.9 billion US dollars, and got back all the money paid for the previous stupid operation, which is equivalent to the dream of being a real 2K boss when he bought a team before.
But that's 2018! It's been 9 years after multiple inflations!
In 2009, he spent nearly 2 billion to buy an NBA team, which is off the line!
If Jiang Chao crossed 1 day early, he would not have spent so much money.
Money can make ink push ghosts.
Jiang Chao walked into the elevator with a wry smile.
He had already guessed how the New York Times would write about himself today, the local tyrant, the stunned youth, the wronged head, the brain-dead, the pig-headed new boss of the Heavenly Dynasty......
Jiang Chao, who pressed the first floor, thought about it, and pressed the 0th floor again, forget it, go to the stadium, and by the way, for the first time, feel the customs of New York, that classic car is really not suitable for his body.
"Maybe if you didn't spend so much money, Dolan wouldn't have sold it?
Although he is not a Knicks, it is already very cool that this speculative businessman who doesn't understand basketball is not the owner of the Knicks from today onwards. โ
The elevator went down, and Jiang Chaoyue thought more and more excited.
The impulsive decision of the predecessor of the loser seems to be the most handsome thing to do.
Of course, this money can only spend three or four hundred million to buy a small ball market, but what is the use?
Jordan seems to have spent 275 million to buy the Bobcats at this time next year, and the Bobcats have not increased their profits because of the reputation of the god of basketball.
This is Basketball Mecca! It is the city with the largest flow of people in the United States, and there is no other city to compare, and there are so many losses every year.
Jiang Chao can make money through his own business, but he can make more money in New York, it's as simple as that.
New York Knicks, it's the word New York that matters!
In terms of long-term benefits, 1.88 billion is a P!
What is long-term investment, this TM is the real long-term line!
It doesn't matter if you weren't a mud fan before you crossed over, it was all because of Dolan.
Now it's okay to run the Knicks to your liking.
Should I say it or not, the Knicks' orange jersey is still very popular with Jiang Chao.
I want the team, I'll build it myself!
"Hello, handsome man."
Just when Jiang Chao was self-absorbed, the elevator stopped on the 33rd floor, and a blonde woman with the smell of high-end perfume stepped into the elevator with a small bag, looked up at Jiang Chao, raised her hand and said hello elegantly.
Jiang Chao looked at this slightly familiar face expressionlessly.
White!
It's so white!
............