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If the Clippers are worth $2 billion I can't even imagine what the Bulls, Lakers, or Heat would cost on the open market. I wonder if the increase in value over
by Eduardo3rd 12y ago
If the Clippers are worth $2 billion I can't even imagine what the Bulls, Lakers, or Heat would cost on the open market. I wonder if the increase in value over the past few decades relates to the fact that live sporting events drive such a huge premium in today's consume at your own pace media culture.
- MisterBastahrd 12y agoLakers? More. Others? Not as much. The only other NBA team worth that kinda scratch is the Knicks. Ballmer WAY overpaid for a second tier team that happened to be in a prime market. He should seriously consider renaming and rebranding it as soon as possible.
- Haywain 12y ago> He should seriously consider renaming and rebranding it as soon as possible. Supersonics has a nice ring to it. :) Does Ballmer still reside in Seattle? As someone who does, even the idea of a Seattle/Microsoft guy buying a basketball team will surely raise curiousity (warranted or not).
- deleted 12y ago[deleted]
- sehr 12y agosecond tier team * Finished with the 4th best record in the league * Made it to the 2nd round of the Western playoffs * Have arguably the best PG in the game * Have the biggest bandwagon next to Portland & GSW The future is blindingly bright for these guys, and you want them to rebrand. Please
- hkmurakami 12y agoWeek they certainly don't have history or prestige, which matters a lot in sports teams' longevity of popularity.
- MisterBastahrd 12y agoYes, second tier team. For the vast majority of that franchise's existence, they have been synonymous with failure. They will never be as popular as the other team in that city, and they don't even pull in half the revenue the Lakers do. Given the team's negative history, not even considering the recent debacle that forced the sale of the team, they'd do well to come up with another brand that could have greater resonance with the local and national audience. They're almost certain to do a complete brand redesign anyway. http://www.forbes.com/nba-valuations/list/ http://www.forbes.com/nba-valuations/list/
- hkmurakami 12y agoPretty sure the Celtics would bring in a decent number, given their storied past?
- MisterBastahrd 12y agoSure, the Celtics too. The Celtics, Bulls, Lakers, and for the moment the Heat all have national followings. The Lakers and Celtics because of their dynasties, the Heat for their current success, and the Bulls because of their Jordan dynasty and because WGN broadcast their games nationally during that era.
- eddieroger 12y agoThe Heat are the reigning dynasty with three of the best players in the league on one team surrounded by an all-star cast. They'd at least tie the Lakers in cost. But yeah, the Clippers are second-tier relative to some of the talent out there, I agree with that.
- PeterOliver 12y agoThat's not how franchises are valued. Talent comes and goes.
- PeterOliver 12y agoThat's not how franchises are valued. Talent comes and goes.
- greg5green 12y agoI don't think the players matter much in the valuation of a franchise outside of winners = more money.
- MisterBastahrd 12y agoThe Lakers have a ton of championships that have gotten them a MASSIVE following and they're in the largest market in the country. The Heat are nowhere remotely close to being as valuable. This isn't a matter of talent, it's a matter of history, brand loyalty, advertising, and all the money that comes with that.
- coralreef 12y agoI doubt the Heat and Bulls are as much as the Lakers/Clippers. Sports revenue is highly dependent on the size of the city's media market. Live TV broadcasting rights are getting into the billions for some teams.
- Edd314159 12y agoActually, I wouldn't be surprised if the Clippers are the most valuable franchise in the NBA right now (or second to the Lakers). They're in a massive (albeit shared) market, have (part of) one of the best arenas in the league and are in the midst of a resurgence with some of the best players in the world. The Knicks and the Nets would also be way up there. The Heat, though successful and highly marketable, are in a relatively tiny market in Miami.
- smokinjoe 12y agoFairly wild given that I don't believe Staples Center is part of the deal. A lot of what drives prices up for sports teams (most evident in the NFL) is tying a Stadium along with the team.
- qq66 12y agoIt's hard to say what any team is worth based on a transaction, since they're often bought as luxury goods and not as financial investments. Steve Ballmer wanted the team, so he bought it. I don't think he cares whether he can resell it for $2 billion.