Chapter 431: What Does It Mean to Be Wealthy? It's called being rich! (Ask for a subscription, ask for a monthly pass)
In the evening.
Ji Cheng came to the Chicago Bulls in the company's car.
It was an indoor Chicago stadium, not the Union Center arena where the Bulls would later be home.
Before Ji Cheng got out of the car, he saw Michael. Jordan waited at the door, along with a white man of fifty-two or thirteen years old, and another chubby white man of about fifty.
The two middle-aged men Ji Cheng did not know, and he estimated that one of them should be Jerry Brown, the owner of the Chicago Bulls. Michael. Coming to Ensdorf, as for the other person he doesn't know, maybe it's also the team's senior management.
Get out.
"Hello Mr. Ji, welcome to your arrival."
"It's an honor to meet Mr. Ji, I didn't expect you to be as young as rumored."
"Mr. Ji, this is the owner of the team, Jerry. En Sdorf, the team's general manager, Jerry Brown. Klaus."
"Hello Mr. Lensdorf."
"Hello."
"Hello Mr. Klaus."
"Hello, hello."
Lensdorf was a little flattered to see Ji Cheng so polite.
And Jerry. Klaus's eyes lit up even more, as if Ji Cheng was some rare treasure.
After getting acquainted, under the leadership of Lensdorf, the four of them walked inside, since Ji Cheng wanted to buy a team, he must go on a field trip.
As soon as I entered the door, I saw two female front deskers, one black and one white, about twenty-three or fourteen years old.
"Mr. Jerry, Mr. Klaus, Michael."
The two girls said hello in unison.
Lensdorf and the others just bowed their heads.
Ji Cheng just glanced at it, and then continued to talk and laugh.
"Wow, is this Ji Cheng?"
"Seems to be, he's so handsome."
"I heard that he spent more than four billion in pursuit of Madonna, there are such romantic men in the world? It's really handsome."
Two girls whispered.
Ji Cheng couldn't help but laugh dumbly, it seems that the hype is indeed quite successful, and there are discussions everywhere he goes.
Lensdorf obviously heard the conversation between the two girls, and he looked at Ji Cheng with a curious expression, "Mr. Ji, please forgive me for taking the liberty of asking, you really spent more than four billion to buy Columbia Pictures in pursuit of Madonna?"
Klaus and Jordan were equally interested.
Ji Cheng and Lensdorf walked side by side through the arena to the stairs, and he smiled and asked, "Do you think that's the case?"
Lensdorf was stunned for a moment, and then laughed and said, "If it were me, it would definitely be impossible, but Mr. Ji is the richest man in the world, I think it is really possible."
Klaus and Jordan thought so.
Ji Cheng didn't continue to answer, but instead asked, "Does this arena belong to you?"
Lensdorf shook his head, "The rented arena, in addition to being the home of the Bulls, is also the home of the Hockey Blackhawks." At this point he paused, "But the owner of the Black Hawks, Bill. Watts and I have proposed to build a gymnasium of our own, but you know that building a top-notch gymnasium is expensive, and I haven't thought about it yet."
It's not that you haven't thought it through, it's that the Chicago Bulls haven't had the results you're happy with. ….
Ji Cheng knew that after the Chicago Bulls won the championship for the first time, Lensdorf immediately worked with the owners of the Blackhawks to fund the construction of a new stadium, which was later known as the United Center Arena at the home of the Chicago Bulls.
"How many spectators can this stadium hold at the moment?" Ji Cheng understands the situation of the team.
Jerry. Klaus took over and said, "Mr. Ji, when the gymnasium holds basketball events, it can accommodate about 16,000 people, ice hockey is a little less, about 15,000, and if it is a professional wrestling competition, it can accommodate 18,000 people, and this gymnasium can hold more than 150 games every year, and the performance is very good."
Lynes
Dove said, "Because this arena is doing well, I have an idea to talk to Bill. Watts should be able to make money by building a new gymnasium together."
Not should, yes.
Ji Cheng knew that the United Center Arena would make a lot of money by holding more than 200 games a year, and he couldn't help but care about the current revenue of the Bulls, "How much revenue did the team make last year?"
Speaking of this, Lensdorf is quite proud: "Last year, the team generated more than 30 million yuan."
"What about pure profits?" Ji Cheng asked again.
Lensdorf, who was still proud, sneered, "Ahem, about five million."
Jordan and Klaus pretended not to know anything and looked around, they felt a little ashamed to hear this number, not that five million dollars was very small in their eyes, in fact, Jordan's salary this year was only two and a half million dollars, five million is a lot of money for ordinary people.
But that's just for ordinary people, who here doesn't know how much money Ji Cheng can make? Million? Fifty million is not a big number in the eyes of an elder of Ji Cheng's level.
"So little?" Ji Cheng was stunned.
Lensdorf said with a wry smile: "No way, the team spends a lot of items, such as the salaries of the players, which cost almost 10 million dollars a season, and the management team also needs money, right? The expenses are about 3 million a year, and the remaining transportation, food and lodging are another one or two million a year, and the stadium is now rented, with a rent of one million a year, and finally there are external advertising and other expenses, such as injury and illness insurance, etc., and the profit of 5 million is quite good."
In fact, he overstated five million, which also included the revenue share of the alliance that was not paid.
The current NBA team is indeed not very profitable, unlike the later revenue of hundreds of millions, after all, the league in the current era has not yet carried out live broadcast in the United States, let alone overseas broadcast fees, even the Canadian market has not been opened, and the natural income is very low.
Ji Cheng probably had a point in his heart, and glanced around the arena again, "Go to the office to talk?"
"Okay, please come with me."
Lensdorf took the lead in the way.
A short time later, four people came to the office.
Maybe it's because the team is really not doing much now, and there is not even a reception room here.
Ji Cheng sat on the sofa alone, while Jordan and Klaus each moved a chair to sit down.
Lensdorf personally made Ji Cheng a cup of coffee, then returned to the boss's office chair and sat down, blinking his eyes and said, "Mr. Ji, before you came, I heard Michael say that you are willing to spend a lot of money to buy the team?" ….
Ji Cheng took a sip of coffee, smacked his lips and said, "Didn't Michael tell you how much money I'm going to spend?"
Jordan was not only the god of basketball, but also became the owner of an NBA team after retiring, whether it was IQ or EQ, of course he heard Ji Cheng say that he was willing to spend 50 million US dollars to buy the team, but he did not tell Lensdorf about this price, because if he made a direct offer, Earnsdorf would definitely open his mouth, he was doing this to save Ji Cheng money, and at the same time, let Earnsdorf negotiate the price by himself, no matter how many transactions he would not blame, it can be said that he is left and right.
But if Ji Cheng now clarifies the price Jordan will be exposed, he will invisibly offend Lensdorf, he quickly said, "Mr. Ji, you didn't tell me how much money you are willing to spend to buy the team, how can I tell Jerry?"
"That's just as well." Of course, Ji Cheng could hear the meaning of Jordan's words, and slowly put down the coffee cup and asked, "Jerry, I sincerely want to buy the Chicago Bulls, so you give me a fair price, and if I think it is appropriate, I won't pay back a penny, provided that you offer a good price."
Lensdorf and Klaus didn't expect Ji Cheng to be so cheerful, and the two looked at each other.
"Mr. Ji, although I only spent $16 million when I bought the team, you know that the current annual profit of the team is about five million, and if you want to buy it, the price must be far more than $16 million." Lensdorf first clarified the situation.
Ji Cheng bowed slightly, "How much the team earns, you can show me the financial statements later, I care about you."
What price?"
As soon as he heard that Ji Cheng wanted to look at the financial statements, Lensdorf's momentum was obviously weak, after all, the annual profit of five million he said just now was very large, if he looked at the financial statements, he would definitely find that he was lying, and when the time came, it would be bad for his reputation, and he couldn't help but say half-truthfully, Lensdorf began to say half-truthfully: "According to the team's annual profit of three million to five million, the normal return cycle of the acquisition of enterprises is about ten to fifteen years...... What do you think of forty-five million?"
Ensdorf was very nervous when he said this, according to the team's real profit and the payback cycle of the acquisition team, in fact, 45 million is already considered a premium, after all, the normal team buyout payback cycle cannot reach 15 years, and 10 years is considered normal.
Take Tsai Chongxin's acquisition of the Brooklyn Nets as an example, in 19 years he spent 2350 million US dollars, and then spent 700 million to buy Balek Arena, a total of almost 3 billion, and the Nets used tickets, advertising, sharing, etc. for more than two years, and the net profit reached 625 million US dollars, plus the sharing and broadcast fees are increasing every year, in fact, it can pay back in about ten years.
In other words, the true value of the Chicago Bulls today is between $35 million and $40 million, and more than that price is considered a premium.
Jordan and Klaus were also nervous.
Although Jordan knew that Ji Cheng was willing to spend 50 million to buy the team, but no agreement was reached, he must be worried, who doesn't know that Ji Cheng is rich? If Ji Cheng can buy the Chicago Bulls, the team will definitely have a good life in the future, there is money to introduce good players, and money to provide a better training environment, so that the probability of the team winning the championship will be greatly improved, Jordan of course wants Ji Cheng to become the owner of the Chicago Bulls. ….
[In other words, it is the best way to read aloud and listen to books at present, @
"Huh? That's all you need?" Lensdorf was overjoyed, for fear that Ji Cheng would regret it, "Of course I don't have any opinion."
"Okay, then let's not bother, let's sign the contract today?"
Ji Cheng said bluntly.
Lensdorf was stunned, "Don't you need a lawyer?"
Ji Cheng smiled and said, "A lawyer must be hired, haven't you worked in a law firm before?" Later, you can draft a contract, and then come with me to the Chicago office of Huaying Pictures, and I will ask the lawyers of Huaying Pictures to see if there are any problems with the contract for me."
"Okay, good." Lensdorf happily did not do.
Not to mention the sale of the team at a premium, he can still retain ten percent of the shares, which is definitely a great joy for Lensdorf, of course, he also understands that the control of the team will definitely not be in his hands in the future, it is indeed a pity, but since he has the opportunity to become a partner with an old man like Ji Cheng, not to mention that Ji Cheng is not afraid of not making money if he leaks some projects in his hands, how many intangible benefits can the golden sign of the world's richest partner bring to him? Immeasurable! ….
Ji Cheng didn't expect that the acquisition of the Chicago Bulls would be so smooth, he thought he would have to grind his tongue, after all, the current ecological environment of the NBA is getting better and better, and a team worth four or five million dollars this year may be worth fifty or sixty million next year, and it is not impossible to be worth one or two hundred million in a few years.
But no matter what, they finally took down the Chicago Bulls.
Ji Cheng knows that this team will bring him huge benefits in the future, and these benefits are far from being reflected in the value of the team itself, so to speak, he bought this team to earn it, or the kind that makes a lot of money.
"I'm going to draft the contract." Coming to Ensdorf rushed to the ground.
Ji Cheng smiled and nodded, "Okay."
Lensdorf walked to the door, and suddenly he thought of something, he turned his head and blinked and asked, "Mr. Ji, don't you need to look at the team's financial statements?"
"I don't care if the numbers and financial statements are floating even if it's 10 million dollars." Ji Cheng shrugged his shoulders, and then said with a meaningful gaze: "What I care about is whether this team can win the championship smoothly in the future and how much intangible benefit it will give me."
Lensdorf, Klaus and Jordan couldn't help but be stunned for a moment, is this Ji Cheng's investment vision? Although the three of them except for Lensdorf who understood a little bit what Ji Cheng meant when he said this, the other two didn't understand very much, but they had an unclear feeling, look, no wonder people can become the richest man in the world, this investment pattern is really not something that ordinary people can understand, high, it's too high, at least three or four stories high.
Lensdorf went to draw up the contract with admiration.
Although he has not signed a contract yet, Ji Cheng has already put on the posture of a boss and looked sideways at Klaus, "Jerry, who is the current head coach of the team?"
As soon as Klaus saw that Ji Cheng took the initiative to ask him about the content of his work, he probably understood that he would not be fired, and he was overjoyed and wanted to perform well in front of the new boss, so he quickly replied, "Mr. Cheng, the current head coach of the team is Doug. Corinth."
Ji Cheng was stunned for a moment, "It's not Fei'er. Jackson?"
Jordan answered, "Phil is a teaching assistant."
"Oh, that's right." Ji Cheng bowed slightly, and then said directly: "When I finish signing the contract with Lensdorf, Jerry, you directly fired Doug. Collins, Jean Phil. Jackson is the head coach of the team."
In his memory, Phil. Jackson began coaching the Chicago Bulls this season, and led the team to six championships in the future. Jackson couldn't coach the team, so he personally ordered the correction.
Klaus is naturally very clever to become the general manager of the team, knowing that the new official has taken office with three fires, and this first fire has not burned on himself, he is already very happy, and he is busy saying: "Okay boss, I'll put Doug . Collins fired."
"Hmm." Ji Cheng said and looked at Jordan again, "Michael, if you want to recruit some helpers, you can mention it, it doesn't matter how much it costs, even if you want to put Hadim. Ola
Zhu Wang got it, I am willing to spend money, don't save money for me, I only have one request, the Chicago Bulls must win the championship in the next two seasons!"
Look, what does it mean to be wealthy?
This is the real wealth!
Klaus and Jordan were conquered by Ji Cheng's spending, with such an arrogant boss as the boss, they can all foresee how brilliant the team will be in the future!.
Then smile