And yet for some odd reason, while people like Jordan, Cuban, Bucks former owner,are selling their majority stakes Jody has more passion to just keep the team. Weird
Not to confusing. Knight lowballed at 2B. Jordan sold Charlotte for 3B Cuban is selling a majority stake in the Mavs for 3.5B. Bucks sold for 3.5B. Why would anyone expect Jody to take 2B for a team when the market seems to be 3-3.5B for a NBA team.
I’m sure that was just the initial offer. Phil can pay whatever she wants and according to the Wall Street journal article over the summer he’s asked her to name her price. Jody wants to keep this team is my opinion
Maybe she knows the team was her brothers passion and it is a way for her to stay connected to his memory. Who knows how someone grieves and what reminds her of her Brother. Not like she needs to sell the team for the money so why not stay connected to her brother.
Yea maybe. Only problem is the nba has a rule a team can’t be owned by a trust for that long. Question is when the league will feel the time is up. They might be giving her time for now. But eventually what happens when Phil Knight tells his buddy Adam Silver hurry the fuck up
Commish serves the owners. it would take an insanely large bloc of owners to make that type of thing happen—and who would architect it? Commish would never want to message to ownership that it’s about to tell its owners how their ownership goes.
I think you don’t have your facts quite right. A while back it was reported that the terms of Paul Allen’s trust required sale of the Seahawks and Trail Blazers within a reasonable time after his death. Jodi Allen addressed that report a year or so ago: “A time will come when that changes given Paul’s plans to dedicate the vast majority of his wealth to philanthropy, but estates of this size and complexity can take 10 to 20 years to wind down,” Allen wrote. “There is no pre-ordained timeline by which the teams must be sold.”
There’s literally a rule in the nba that teams can’t be held in trusts for long. Hes not just picking on her bc he wants her to sell
There’s a timeline though the nba requires teams being owned by a trust. That’s the key here. The question is when the league will fill that time is up..
I don’t see it in the league’s constitution, but maybe you can find something. https://ak-static-int.nba.com/wp-content/uploads/sites/3/2015/12/NBA-Constitution-and-By-Laws.pdf
I read it in an article here. It says “The NBA requires a team held by an estate to be transferred within a reasonable time period, though as Silver said Wednesday, what constitutes a reasonable time period is subject to interpretation.” Here it is: https://www.kgw.com/article/sports/...llen/283-7953c8c4-d171-4ee6-b610-e4730d55fd03 So like I said will Silver end up saying “ok we gave you plenty of time to sell” but I think that clause is key in all this
*Canzano has reported that* The trust pays her over $100 million per year for being the governor of the blazers. *If that's true* Why would she sell? *Edited*
Remember the last two seasons EVERY-TIME you saw her sitting on the baseline you would mention it….. EVERY time as if it meant something? Yeah we haven’t seen her this season once. Curious what that means in the eyes of somebody who thought being there in the past meant so much.
Oh shit. Not once this season? Well that’s definitely interesting then. But imo good. I want her to be disinterested and eventually sell to Phil Knight
That's good intel. Going from attending every game to none is good if it means she's getting closer to selling to Phil Knight
What is selling going to accomplish? We are finally making good decisions in regards to building a team the correct way. Maybe we would see improvement in the TV contract or the broadcast team.
