The Godfather of Basketball

Vol 2 Chapter 591: Clippers value (three / four!)

After several years of exhibitions, Alibaba has become a domestic business giant with a market value of more than US $ 200 million and an annual profit of more than US $ 200 million. & 1t; /

Tang Tian originally invested 250,000 yuan in Alibaba, and then continued to follow up 66. However, due to the dilution of shares and the repurchase of Boss Ma, his shares are only about 2% in Ali, but this is the share, if he sells It's enough to buy the Clippers. & 1t; /

But this is obviously not cost-effective, and even 2% of the shares are more valuable than nba. & 1t; /

What he has to do now is to find someone who is willing to pay. & 1t; /

Tang Tian has met with Boss Ma many times before, and it is not difficult to meet with Boss Ma as a shareholder. Two days after returning home, the two met at a private teahouse in Ali's headquarters. & 1t; /

An assistant brewed tea, and two people sat across the coffee table to taste tea. The picture was really Chinese. & 1t; /

"Do you want me to form a consortium to acquire the NBA Clippers?" Boss Ma drank his tea, lowered his cup and looked at Tang Tian. & 1t; /

Although he didn't understand basketball and had little contact, after Tang Tian made it clear, he probably knew it. & 1t; /

"Yes, nba has been exhibiting very quickly in recent years. Ten years ago, these teams were still worth one or two hundred million. Looking at the recent Warriors, they are worth one billion. If you invest in this, the appreciation will still be rapid. "Tang Tian said. & 1t; /

Don't look at the NBA teams worth 1 billion or 2 billion. For the current owner of Ma, it is just a matter of hands-on to raise one. & 1t; /

"Will the United States be willing to let us buy it?" Boss Ma is thinking of something else. & 1t; /

"This should not be a big problem. Look at Prokhorov, who was a Russian before and bought the Nets in his own name." Tang Tian explained. & 1t; /

NBA has boss changes, in addition to having enough money, but also the consent of other team bosses, the situation between the boss Ma and Prokhorov is actually similar. & 1t; /

"I need time to think about it. After all, I don't know enough about the part you said, but I will give you a reply as soon as possible." At the end of the chat, Boss Ma did not give a clear answer. & 1t; /

"By the way, are you interested in selling your 2% stake, I can now buy it back with a higher market value." Boss Ma suddenly said. & 1t; /

"I still want to sit on this big ship of Ali." Tang Tian said with a smile, he declined vaguely. & 1t; /

Mr. Ma smiled without asking. & 1t; /

There has been no substantial progress in negotiations with Boss Ma, and Tang Tian can only return to the United States for the time being. & 1t; /

At this time, the Clippers have attracted a large number of bidders over the United States. & 1t; /

The previous King and Warriors share deal made investing in NBA a seemingly stable business, and the Clippers are in Los Angeles. The value and potential are significantly greater than the previous two. & 1t; /

"Fighting champion" Floyd Mayweather, "Golden Boy" Oscar De La Hoya, business giant David Geffen, Sterling's friend Anthony Ressler and many more, there are many bidders participating. & 1t; /

Just looking at this list, you will know that this will definitely be a fierce bidding war. & 1t; /

The pressure from the alliance is still increasing. When the parties and even the government are in conflict with Sterling, they hope that the Clippers can be sold in the shortest possible time. & 1t; /

With this pressure, bidders' bids are constantly rising. & 1t; /

The Clippers' original valuation was only 500 million US dollars, but within a few days, it has soared to 0 million U.S. dollars. The huge increase has shocked everyone in the industry. & 1t; /

It was also at this critical moment that Microsoft giant Steve Ballmer also announced his bid to join the Clippers, and when he joined, a word was heard from other competitors: I will win the Clippers No matter what the price is, I like this sport. & 1t; /

Ballmer's remarks are full of domineering, and he does have the confidence. You must know that his personal worth is as high as $ 300 million, which most people do not have. & 1t; /

Along with the constant increase in bidding, Messerway, De La Hoya and others have withdrawn one after another, and the bidding has become a matter between David Geffen, Anthony Resler and Ballmer. & 1t; /

At this moment, Tang Tian finally waited for the news he wanted. Boss Ma was willing to join him in bidding for the Clippers. & 1t; /

The joining of Boss Ma immediately caused an uproar in the alliance. To take personal assets for example, Boss Ma's worth is also close to 200 million. & 1t; /

Prices for the Clippers are still rising. & 1t; /

100 million, 300 million, 500 million, 600 million ... & 1t; /

When the price reached 700 million, Ressler and Geffen both withdrew one after the other. On the one hand, their consortium has reached the limit it can bear. On the other hand, buying a team is an investment. It is necessary to pay attention to the investment return ratio. of. & 1t; /

The new labor agreement and the Clippers' new TV broadcast contract are about to be signed, making the Clippers a tempting piece of cake, but to be honest, the team's profit for one year is also limited. In other words, you Smashing so much into it, it will take more than ten years to return to the book, and most people will not do it. & 1t; /

As a result, this competition finally seemed to be a war between Boss Ma and Ballmer. & 1t; /

700 million, 100 million, 200 million, 500 million, 900 million ... & 1t; /

It's like an auction. Both sides keep asking. & 1t; /

Finally, after the Clippers sold for 200 million yuan, and Ballmer had no intention of stopping, Boss Ma called Tang Tian. & 1t; /

"I think this price is no longer suitable for investment. If you are short of money, I can repurchase your shares so that you can continue to bid with Ballmer, but I think he should be determined to get it." Boss Ma is straight. Bai, told everything to Tang Tian. & 1t; /

At this point, Tang Tian has done everything he can. In fact, without Ballmer, the Clippers have been taken down by him and owner Ma, but Ballmer seems to be really interested in basketball. In the end, they still lost. & 1t; /

Still, not enough money! & 1t; /

Eventually, owner Ma also announced the withdrawal of his consortium, and Ballmer successfully bought the Clippers for 200 million yuan. & 1t; /

The price is exactly the same as the previous life. & 1t; /

In fact, if it was not for the intervention of the boss Ma, the price may be between 700 million and 100 million, which is also consistent with the price sold one year earlier than the previous life. & 1t; /

It's just like Mr. Ma said to Tang Tian on the phone that Ballmer is too expensive. This money is an investment for him, but he wants to invest, and he wants to win it, unless Buffett did n’t donate before Bill Gates came out, otherwise no one could bid against him. & 1t; /

Tang Tian finally failed ~ www.readwn.com ~ After all, the business field is not a basketball court to which he belongs. He wants to eat fat in one bite, and he needs to exercise more to exercise his teeth. & 1t; /

However, just after the Clippers were formally purchased by Ballmer, many of the league's bosses could not help but move. & 1t; /

You know, Sterling bought the Clippers 3o years ago and spent 240,000, which is almost 2o times the turnover! & 1t; /

And even before the sale, the Clippers' valuation was only 500 million! & 1t; /

The most direct signal is that selling the team now is a great time to harvest wealth! & 1t; /

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