Chapter 496: How Do You Feel Like You're Scolding (5000 Words)

On the phone, Min Congda and Silva were vague that he didn't really want to share the resources of the Asian Youth Basketball Development Fund with the NBA at the moment — until he found the logic and thinking to lose money.

Although the Basketball Development Foundation has not achieved anything substantial and has to swallow up a lot of money every year, it has not been for nothing. 33

As far as Min Congda learned when he visited the Dog Flutter Forum, the youth basketball training camps and summer and winter games held by the foundation in some cities on the southeast coast have had a great impact.

Because of the large amount of capital investment, high standard training camp specifications, perfect event system and very professional event organization, as well as high bonuses, more and more young people who love basketball have joined, which has injected a lot of vitality into the development of domestic basketball grassroots undertakings.

Last offseason, after obtaining the online media broadcast rights of some NBA games, it expanded the business of live sports in China, and began to compete with traditional TV live sports, and pressed the trendy live sports in China and the future sports of Baodao on the ground.

With the help of the Basketball Development Foundation, YouTube is the only designated spokesperson for the event.

In many cities' commercial squares, there are open-air courts built by YouTube and foundations, where some events are held to attract onlookers.

The foundation has even gone deep into primary and secondary schools, and has organized some basketball games in primary and secondary schools at their own expense, so as to formalize grassroots basketball games.

This year, YouTube has decided to increase the foundation's sponsorship fee to $20 million, allowing the organization to expand its reach in cities in northern and western China.

Min Congda is powerless to stop this, the good news is that there are still no basketball geniuses who have been excavated, but there are some star players with good strength, who have some influence in the sports circle.

But according to the standards of the NBA, they are far from qualified, according to Fan Chen, only Lu Yuan is qualified.

But where is his qualification, Min Congda really didn't see it, but this kid is really interesting.

Now Adam Silva sees that the Foundation is doing well and looks good, so he naturally wants to come in and get a piece of the pie.

Min Congda didn't mind getting a piece of the pie, he didn't expect to make money anyway.

He is afraid that the NBA official will intervene, really make it bigger and stronger, highly develop the Chinese market, dig out the genius, and give the Clippers some benefits or something, then won't it blow up?

"No, I can't let Adam Silva mess with me... Unless, he can promise me to help me get the financing of the new stadium done......"

What is the biggest headache for Min Congda now is not the Clippers' soaring record, nor the hot ball market brought by Lin Madness, nor the Asian Youth Basketball Development Fund that is on the right track.

It is the most important plan in his mind, the funding of the "Afang Palace Plan", which is the key to the bankruptcy plan.

At present, the Clippers have successfully taken the Great Western Forum Arena, spending $30 million, and all the previous employees have stayed behind to continue to pay them.

For the operation and development of the arena, and the undertaking of activities, the Clippers have inherited the experience and model of the previous team, as well as the political resources of the Inglewood area.

Min Congda has taken the lead in setting up a working group for the construction plan of the new stadium and has begun to prepare for the approval and construction of the new stadium.

The preliminary work is mainly divided into two lines, one is the approval line, which is mainly to strive for a piece of land near the Great Western Forum Stadium for the construction of the venue.

This line was handed over to Bauer and Riccelle, who connected with the original team of the Great Western Forum and discussed and negotiated with Inglewood's parliamentarians.

Min Congda's requirements are very clear: solve all problems at any financial cost.

Rich people are naturally easy to say anything, and Min Congda has made a promise that future construction site workers will recruit local voters selected by lawmakers to create enough jobs for Inglewood, so this line is not a big problem.

One is the funding line, the Clippers need to raise enough money, Rosser gave a budget plan of $600 million, and Min Congda doubled that number - he asked for a budget of 1.2 billion!

If you add in various expenses such as taxes, insurance, employee salaries, operating expenses, etc., the budget could reach $1.4 billion.

The Nets' latest Barclays Center cost only $900 million, and the number of seats in the Barclays Center is just over 17,000, which is relatively small among many arenas.

Of course, the number of seats in the arena is not the only measure of the quality of the arena, in fact, some of the older stadiums tend to have more seats.

In modern times, some new stadiums are reducing the number of seats and spending money on improving the quality of the game and the stadium environment, and too many people are not a good thing.

Min Congda is no, as an adult, he wants both!

He has to spend the most money to build the largest and most luxurious arena in the league, and he has to make the Clippers more debted.

600 million is still too little in Min Congda's opinion, according to the current development of the league and inflation, it is not good to wait for the stadium to be built, and the debt of 600 million is not too much.

It's like buying a house a few years ago and taking out a loan of 2,000 yuan a month, which seems like a lot, because the job was 3,000 at that time.

But after five or six years, seven or eight years, the loan of 2,000 yuan a month was just a drizzle, sprinkling water.

Min Congda, who was born in a bank, knows this, so he must fill up his debts.

But how easy is it to borrow money? Your team's assets are only more than 400 million, and you want to borrow 1.5 billion to build a stadium, who is willing?

Unless the Clippers can win the championship and show enough market potential.

But how could Min Congda let the Clippers win the championship, so that he still put a yarn on the swagger?

As a result, this has become a pair of intractable contradictions, which have been plaguing Min Congda recently.

Ballmer is rich, but people's money is not blown by the wind, and people are not open money banks to lend usury.

And Ballmer is too rich, and if he is brought into the Clippers, it is almost impossible for the Clippers to go bankrupt.

This series of problems plagued Min, and he couldn't help but think that if the president of the alliance could help, he might have a chance to get a $1.5 billion loan.

The league itself has a large amount of money that is shared by the teams, and the teams can borrow if they need it, but the amount is limited.

Silva and Stern have befriended countless politicians and businessmen, who may be able to provide adequate resources.

After hanging up the phone, Min Congda pondered carefully for a while:

"Now that Silva is acting president, he must want to develop and achieve something in his career, which is different from what Stern did before. In terms of the development of the international market, Stern has done a good job, but to be honest in the Chinese market, after Yao Ming retires, the popularity will definitely continue to decline, and Silva will definitely want to do more in-depth promotion and cooperation. In addition, there are not only China in Asia, but also South Korea and Japan, and my foundation has finally made its name Asia. ”

"So, I'm going to use this as a bargaining chip to exchange interests with Silva and get him to provide me with financial support? That's a good idea. ”

After thinking about this, Min Congda called Silva again, saying that the two of them had a chance to meet with each other about the Foundation.

Silva said dryly, "No problem, I'm going to Oklahoma tomorrow to watch you play against the Thunder." We'll talk on the spot when the time comes. ”

"Okay, that's it."

One of Stern's habits is to go to the NBA every week to watch the NBA games live to inspect and feel the heat of the NBA game.

For more than 20 years, it was only natural that Silva, as his successor, would continue the habit.

The Thunder and Clippers were a key game, and Silva picked the game to watch.

Of course, there is also a purpose to suppress Min Congda and reassure the referees.

With the president of the league here, Silva still didn't dare to make a mistake when he thought Min Congda, so he could watch the game with peace of mind.

The next day, Min Congda woke up early and went to the Los Angeles airport, where he joined the players and headed to the city together.

He hadn't flown in an away game for more than a month, and he felt very close to him.

When he stepped onto the plane, everyone in the cabin applauded and high-fived Min Congda to celebrate his return from the ban.

Sitting in his familiar seat, Min Congda felt relieved, and Sloan said to Min Congda, "Welcome back, Mr. Smart." ”

Min Congda smiled and said, "It's a good feeling to come back, everyone has been doing very well recently." But don't be too aggressive, don't be too hard, and enjoy basketball. Victory is not the only pursuit, understand? ”

Hearing him say this, everyone didn't take it to heart, and Mr. Smart was still so fond of joking.

Actually, Min Congda is not joking, if you win like this, my pocket money will be gone.

Recently, Min Congda's losing salary is pitiful, there are fewer games this season, and there are fewer losses, this salary is really eyeless.

Fortunately, Apple's stock price began to enter an explosive period in February and March, rising directly to more than 500 yuan.

From more than 200 when I bought it at the beginning, the stock price has doubled in two years, and dividends will be ushered in in August this year.

This investment is still quite stable for Min Congda, so he has no worries.

The plane soon arrived in Russia, and Sloane naturally arranged everything properly.

The players didn't have to worry about anything from beginning to end, they followed the instructions to get their luggage, walked, got in the car, went to the hotel, and got their room cards to rest.

The whole process of fool-like quality service, Min Congda's money on Sloan is really not in vain.

In the afternoon of the same day, Min Congda followed the players to the home stadium of the Russian City, and the energy center is also familiar with Min Congda.

Although it was the opponent's away game, it also made Min Congda feel very cordial.

In the evening, Min Congda sat on the sidelines with Adam Silva and waited for the game to start.

"The Chesapeake Energy Arena, which can accommodate 18,203 people, was built in 2002 at a cost of $89.2 million, formerly known as the Ford Center, and this arena is too broken, with a cost of less than 100 million, so it's no wonder that it feels uncomfortable to sit here and watch the game."

Min Congda and Silva "complained" that it was uncomfortable to sit here and watch the game, and they didn't know what was wrong with him.

"Not every team has that much money to rent or build a stadium. I heard that your budget for the arena is $1.2 billion, isn't that too much? Does Sterling have that much money? ”

"Of course the boss doesn't have that much money, but we can borrow money, but we haven't found a suitable source of financing yet. Adam, can you give some advice? ”

"My advice is, don't build such a fancy stadium, you're not a rugby team. The Dallas Cowboys Stadium cost $1.2 billion. ”

Built in 2008, Dallas Cowboys Stadium is the home of the NFL Dallas Cowboys and once served as the home venue for the Dallas All-Stars.

When Min Congda went to watch the game at the time, the stadium was really big, with a capacity of 100,000 spectators, five times the size of the NBA.

It's the nature of the game in rugby that their stadium has to be big enough.

The NFL has played a lot fewer games than the NBA, with just 16 regular season games, exactly one-fifth the number of the NBA.

In this way, 16 games, box office revenue, is about the same as the 82 games of an NBA team.

Coupled with higher ratings, the NFL has a much higher output value than the NBA.

"The Dallas Cowboys only need 16 games to complete the box office revenue of 82 games in the NBA, because their stadium is big! Do you think, if our Clippers' stadium is big enough and has enough locations, wouldn't it be a lot more revenue? ”

Min Congda deliberately talked nonsense here, 20,000 people is almost the limit of the number of spectators at the basketball game, because the basketball court is so big.

No matter how old you are, the people above can't see the movement of the players below at all, so you might as well watch TV at home.

And how can an NBA team have that much influence, unless you have five All-Stars on your team, and you can't be popular.

Silva shook his head and said, "With such a big arena and such a high debt, you Clippers can't support it." Even if you can win the championship, it will be difficult to support such a high debt ratio, and the team will have a big problem with funds, and then it will be troublesome to go bankrupt. ”

Min Congda thought to himself, I just want to go bankrupt!

"Adam, do you think the NBA has that much potential right now? We still have a lot of room to play, as long as the increment is large enough, this debt will eventually become an asset, and it is nothing at all! ”

Min Congda fooled Silva, but this is indeed the reason.

In the period of rapid development, buying assets with high leverage and high debt will indeed greatly increase the value of your assets in the end.

This is strongly verified in China's real estate market.

Min Congda's words really poked Adam Silva, after he became president, his goal was to bring more rapid development to the NBA.

Let the players, let the shareholders, earn more profits, this purpose will not change.

As for the fans? What basketball dreams, what pure basketball, are a little bit later.

"Smart, I've always had a question for you." Silva thought for a while, and instead of replying directly to Min Congda, he changed the subject.

"I like women......"

“……”

"No kidding, I'm serious about you. You're just the general manager of the Clippers, why are you so keen on something that a general manager shouldn't do? For example, the construction of a new arena is something that the boss should consider. ”

This question really stopped Min Congda.

His motives are not revealing, and he does a lot of things that go beyond the scope of a general manager.

Coupled with Sterling's perennial absence from various NBA activities, even the daily operation of the Clippers cannot see his shadow.

So in the past two years, many fans have wondered, did Sterling sell the team to Min Congda?

Min Congda's power in the Clippers is even greater, and he is no different from the owner.

Now the new employees of the Clippers team all regard Min Congda as their boss and don't know Sterling.

Coupled with the fact that Min Congda is now borrowing money to build a stadium, it is normal for Silva to feel strange.

Min Congda sighed and said, "Mr. Sterling has entrusted me with the management of the team, so I naturally have to think hard about it. The Clippers are a small team, and if they want to come from behind, they have to invest a lot. You look at the Warriors next door, and the Hornets, and the Pistons, with the new owner all going all out, of course the Clippers have to catch up. ”

Min Congda's plan, Silva didn't believe it.

He approached Min Congda and whispered, "Smart, you tell me directly, do you want to be the boss of the Clippers?" ”

Min Congda's tireless hacking of himself on the NBA-batman still has an effect.

Silva can't get rid of the account now, but thinks a lot of the things mentioned above make sense.

He was now very suspicious that Min Congda wanted to usurp Sterling's throne, and Silva didn't mind that.

After all, Sterling does not have a good reputation in the league, and he runs a bad team of Clippers all year round and loses money.

This kind of bad team is a headache for the president, because the income of the strong team often has to be used to subsidize the bad team, resulting in a loss in the league.

If Min Congda can become the owner of the Clippers, with his talent, he may be the next sign of the NBA.

Silva needed such a sign, so he tested Min Congda with his words.

Min Congda didn't deny it, just smiled, thinking to himself that I'm still the boss, should I let myself go bankrupt?

But if you think about it carefully, it is not completely impossible to be a boss, although with his assets, he can only be a small shareholder.

Because he once asked the system if he invested in the team to get shares, could he get normal dividend income.

The system says yes, and if the team goes bankrupt, the stake will be returned along with the bankruptcy dividend.

This is also in line with the basic rules set by the system: income can only come from the team's three basic incomes and investments.

Investing in the Clippers is also an investment.

Min Congda once thought about investing in some technology companies or something.

In the end, I gave up, after all, it was a field that I was not familiar with.

On the contrary, it is the NBA, Min Congda is already an insider and is very familiar with the way.

Seeing that Min Congda didn't speak, Silva smiled meaningfully, and at this time, the game was about to start.

"Smart, think about it, if you become the owner of the Clippers, 1.2 billion may not be a problem. After all, your work in the past two years is still worthy of recognition. ”

As the game approached, the scene became more and more noisy, and it was no longer suitable for chatting.

Silva's words echoed in Min Congda's ears, which was clearly praising Min Congda and saying that he was a man worth investing in.

If he is only the general manager, many people are reluctant to borrow money.

If he is a shareholder, there must be many people who are willing to borrow money.

Listening to Silva's praise of him, Min Congda thought to himself: "How do you feel like you're scolding?" ”

Some people died, but not completely......