Chapter 499 Strange Things Happen Every Year
Chapter 499 Strange Things Happen Every Year
Chapter 499 Strange Things Happen Every Year
In the NBA, it is not easy to sell a team.
You can't sell the team to vent your anger just because you are scolded by the fans and you are in a bad mood.
The team is owned by the owner, and of course the owner has the right to sell it. However, the 30 teams in the NBA are a whole, and they have mutual interests involved. The change of ownership of a team involves many entanglements, so the owner alone cannot make the decision.
This requires a decision-making body that allows everyone to sit down and discuss——
NBA Board of Governors.
This organization often appears when making major decisions about the NBA and is made up of team owners.
According to regulations, the transfer of any NBA team must be approved by the Board of Governors.
The specific way is:
vote.
In addition to the owners who sold the team, the owners of the other 29 teams must have three-quarters of the people agreeing, that is to say, at least 22 owners must vote in favor before the team can be placed on the shelves.
The team is not sold by the owner if he wants to, but sometimes the owner has to sell if he doesn't want to.
For example, in 2014, Clippers owner Donald Sterling was banned from the league for life due to racial discrimination incidents. The NBA Council voted to pass a resolution requiring Sterling to sell the Clippers.
Of course Sterling was unwilling, but his wife Shelley used medical identification to prove that Sterling suffered from Alzheimer's disease and lacked behavioral capacity.
After that, Shelley took full control of the sale of the Clippers, and eventually sold the team for $20 billion.
If the Memphis Grizzlies want to sell, they also need to go through this process.
However, Mike Heisley has released a large-scale ridicule by selling Pau Gasol. Except for the Los Angeles Lakers, I am afraid that no one is willing to let him stay in the NBA.
As for the selection of a new boss, the NBA has a special financial committee to estimate the possible situation after the change of owner.
First, you have to have money.
Of course, this condition is actually a decoration.
No money to buy an NBA team to play?
That also has to be played around. The team's operations are basically burning dollars. The more you burn, the more you earn.
Secondly, it is to estimate the future development of the team.
Only owners who bring benefits to the future development of the team can buy NBA teams.Once the prediction is not conducive to the future development of the team, even the buyer identified by the team owner can only be out.
In 2013, the Kings owner Marouf Brothers decided to sell the team. They reached a sale agreement with Chris Hansen, but it eventually fell through.
The reason is that Chris Hansen is going to move the Kings to Seattle, and the league does not accept such a change.
Seattle is indeed a big global market. It is the headquarters of companies such as Microsoft, Boeing, Amazon and Starbucks. It has a prosperous economy and a large population.
But this city has a flaw for the NBA, that is, there are too many professional sports teams:
Football has the Seattle Seahawks, ice hockey has the Seattle Thunderbirds, baseball has the Seattle Mariners, and basketball has a limited development market.
After the Sonics changed hands that year, the NBA approved the Sonics to move to Oklahoma because the Seattle sports market was too crowded, and Oklahoma City had no professional sports teams at the time.
Sacramento has only one professional team, the Kings, and has a good fan base.
In addition, Sacramento is very sincere in retaining the Kings. Mayor Kevin Johnson, a former NBA star player, promised on behalf of Sacramento:
King's stay would save him $7500 million in loans owed to the city and another $3000 million in relocation costs.
Sacramento's various favorable conditions moved the league council, and finally rejected the agreement between the Marouf brothers and Hansen.
The Maruf brothers had no choice but to obey the league's regulations, revoked the agreement with Hansen, and looked for a buyer again.
In the end, the Kings were sold to the Sacramento consortium led by Viva Kranandif for $5.34 million, and the Kings were able to stay in Sacramento.
The third is qualification review.
The NBA needs to review the qualifications of team buyers. If the review fails, no matter how rich you are, it will be useless.
When Jerry Buss bought the Lakers back then, the league council believed that Buss was a playboy, his personal conduct was too sloppy, and he thought it was difficult for him to run the team safely.
Intentionally rejecting Buss' entry into the Lakers, it was not passed the review until the concept of combining entertainment and sports put forward by Jerry Buss impressed the league management.
When the Nets were sold in 2010, Prokhorov, the richest man in Russia, became the preferred buyer.
However, Prokhorov's asset background is too complicated. The NBA launched an investigation into Prokhorov's qualifications in accordance with the prescribed procedures.
Later, Prokhorov did a very difficult crisis public relations, and made substantial concessions to some conditions of the NBA, before being voted by the league board of directors.
Qiao Rannuo wants to buy the Memphis Grizzlies.
The first condition, money is not a problem.
The third condition, the source of the money is not a problem, her money is too easy to check:
I won a Powerball jackpot, bought shares of Titanium ls Corporatio that everyone was not optimistic about, sold them again, and now I bought all Apple shares.
The only expenditure is the "Rannuo Foundation", but this is charity, which is a bonus item.
Only the second condition, the future development of the team, cannot be met.
Qiao Rannuo was just a little girl in her early twenties, and she hadn't shown any interest in basketball before.
The only thing that mattered was that she had studied at the University of Memphis.
Therefore, Zhao Ke and Qiao Rannuo did not rush to find Mike Heisley first.
Instead, I went to the government of Memphis first——
Seeking to buy ownership of the FedEx Forum, home of the Memphis Grizzlies!
Back then, in order to lure the Vancouver Grizzlies to settle in Memphis, the Memphis city government slapped their faces swollen to pretend to be fat. It took 28 months and cost 2 million dollars to build this new arena.
However, the market's money does not come from the wind.
In order to raise these funds, the city of Memphis issued a bond of 2 million US dollars, which has not yet been repaid!
Although, after the completion of the arena, FedEx spent 9000 million US dollars to purchase the naming rights of the arena for 20 years, which eased the financial debt crisis of the city of Memphis.
However, there is still a debt of 1 million US dollars, which needs to be slowly collected from ordinary citizens by increasing taxes and fees...
Now, someone wants to buy it!
Moreover, Qiao Rannuo had an extra [-] million yuan to buy the green space and squares around the arena.
This is so fun!
With little hesitation, the city of Memphis quickly passed the bill.
On February 2, the city government of Memphis held a press conference and announced:
Sold the FedEx Forum and the surrounding green space and plaza to Qiao Rannuo for US$3.6 million.
This time, not only the NBA, but the entire Mi Li family was shocked!
Strange things happen every year, especially this year!
This Memphis is really a strange place. First, Pau Gasol was abandoned by the Grizzlies like a rag.
Then, out of nowhere came such a pink and jade-carved little girl, who was a fool with a lot of money when she made a move...
Gu Liang, you probably don’t know what depreciation is, do you?
PS: Ask for a recommendation ticket, ask for a monthly pass o(∩_∩)o ~
(End of this chapter)
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