As I understood, Monty didn't want to coach last season with his wife having cancer but couldn't say no to 65 million guaranteed. Good for him. Pistons make another poor decision.
I am surprised that Flipkowski was not picked first round.
https://www.espn.com/nba/story/_/id/...majority-stake
Celtics put up for sale.
Strike when the iron is hot. Looks like the main ownership got in 20 years ago when they were probably in their 40s-50s. Team values are obviously very high now. I think this is an other era where the ownership structure of the NBA is going to fundamentally change. It is still American, and individuals, for the most part and from what I can tell. But we will soon be at a level where Sovereign Wealth and Private Equity funds are going be a large portion of the available ownership capital.
Without watching the video, it seems like Seattle and Las Vegas are foregone conclusions for expansion at this point.
Just so's I could respond to you with knowledge, I listened to all 9 plus minutes. He says Seattle and Las Vegas. Seattle a certainty, and Las Vegas probably. He has zero new insights, or information. Simply regurgitating what he has read elsewhere. I do not think he has a good understanding of business. I would suggest the VAST majority of sportswriters are like him. He guesses Mexico City is the third option.
He suggests that there are both a $5 billion arena proposal, and a separate $10 billion arena/hotel/casino on the Las Vegas Strip. Both privately funded. The $5 billion arena is probably the All Net Arena pipe dream that Jackie Robinson has been pitching for the former Wet' n' Wild location just south of the Sahara. Robinson has been selling this for 15 years with no money or real movement. The $10 billion proposal is probably the Oak View Group's massive complex located down by the South Point Hotel Casino. I recall reading late last year, an attendance projection for this arena that amounted to more than 2 sold out events daily @18,000 per.
He describes Las Vegas as a "Cash Cow". I do not think Las Vegas has enough population to support teams in NHL, NBA, NFL and MLB. The assumption that visitors will the travel to see their favorite team in "Vegas" rapidly dissipates with a game frequency of more than 20 per year. He appeared to state Las Vegas was closer to Denver than California, and didn't seem to realize Las Vegas is in the Pacific Time Zone.
He repeatedly mentions another expansion team in Canada, yet never mentions Montreal. Makes me doubt his knowledge. He continually mentions "maybe Vancouver".
I however, will repeat my opinion that Seattle and Louisville Kentuckey are the two cities.
You heard it here first.
And I will promptly eat crow here if I am wrong.
Louisville IMO would definitely go ape over an NBA franchise and would be among the best small markets.
The KMC 'Yum' arena seats 22,090 for NBA basketball--they could potential be among the NBA's Top 3 attendance getters.
We don't know if the NBA would put Louisville another 'small market' over Seattle or Las Vegas. Louisville has two Fortune 500 companies, similar to OKC.
NBA has New Orleans (58), Salt Lake City (46), Memphis (45), Oklahoma City (42) and Milwaukee (40) as the smallest markets all below 2 million MSA populations. Louisville would fall one notch below OKC at (43).
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