To: Scoutmaster
Wikipedia says he bought the team for $12.5 million and that it is worth $575 million today.
347 posted on
04/29/2014 2:46:13 PM PDT by
BunnySlippers
(I LOVE BULL MARKETS . . .)
To: BunnySlippers
I’ve read much higher valuations for the Clippers, such as $800+ million. A $575 million valuation may reflect a ‘must sell’ value.
355 posted on
04/29/2014 2:59:54 PM PDT by
Scoutmaster
(I'd rather be at Philmont)
To: BunnySlippers
Nay, nay. Wikipedia needs to know that the Milwaukee Bucks, the financially weakest NBA franchise, a small-market team searching for a new arena,
sold for $550 million this month.
375 posted on
04/29/2014 3:35:46 PM PDT by
Scoutmaster
(I'd rather be at Philmont)
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