How much would some one need to buy and operate a NBA team?
2007-01-03 09:25:34 · 7 answers · asked by Anonymous in Sports ➔ Basketball
The expansion bobcats where purchased for about 300 million.
The best offer comes into play for an expansion team, but if you are talking about an already existing team that depends on the size of the market (NY and LA are big markets so they can support a team better)
other than potential fan support you can look at how good a team is
during the 90's and the bulls hey day they were valued as high as 800 million and then after jordan retired dropped down to about 250 million
also most majority owners don't own 100% of the team just atleast over 50% so to control an nba team you don't have to pay the enire amount but that's also your share of the payroll
2007-01-03 11:30:54 · answer #1 · answered by truthistold2u 6 · 0⤊ 0⤋
Well i have been in negotiations with Michael Jordan for the Bobcats..
and so far, we have a deal worked out where i give him a pack of winterfresh, 11$, an eigth round draft pick, exclusive rights to R. Kelly's "i wish" song, and a date with a drunken Nam veteran named Sassy...
I get the Bobcats!
Truth is...depending on the team, city, and fanbase it would run anywhere between $100 mil - $600 mil or so. It really depends though! Ask Jay - Z
2007-01-03 09:59:25 · answer #2 · answered by zachary_rubin 2 · 0⤊ 0⤋
Something in the order of $250-550 mil., depending on what team you were looking to buy. Forbes had a list of NBA team valuations back in 2005 that listed the current value of each team in the league, with the KY Knicks on top, valued at $543 million.
http://www.forbes.com/lists/2005/32/Rank_1.html
2007-01-03 10:57:34 · answer #3 · answered by ccmonty 5 · 1⤊ 0⤋
Alot
2007-01-03 09:44:49 · answer #4 · answered by LA/Heat 23 1 · 0⤊ 0⤋
just 1 player can be like 50 mil. so like a billion dollors.
2007-01-03 09:30:40 · answer #5 · answered by Anonymous · 0⤊ 0⤋
couple of hundred million
I got half
2007-01-03 09:51:23 · answer #6 · answered by Anonymous · 0⤊ 0⤋
hundreds of millions
2007-01-03 09:32:00 · answer #7 · answered by what? 7 · 0⤊ 0⤋