Care to explain? The idea of a bunch of people pooling their money to buy an NBA team seems pretty practical to me. Is it the media/popularity aspect that makes

Care to explain? The idea of a bunch of people pooling their money to buy an NBA team seems pretty practical to me. Is it the media/popularity aspect that makes you think of the end of a bubble? ie if they were buying something more mundane like a small plot of real estate would that be less hype-y?