Forbes: Nets Now Worth Less than When Ratner Bought Them

Discussion in 'Brooklyn Nets' started by NJNetz, Dec 3, 2008.

  1. NJNetz

    NJNetz BBW Banned

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    Kurt Badenhausen, Michael K. Ozanian and Christina Settimi - Forbes
    Kurt Badenhausen and Michael K. Ozanian - Forbes
     
    NJNetz, Dec 3, 2008
    #1
  2. Mr. J

    Mr. J Triple Up

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    Mr. J, Dec 4, 2008
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  3. Netted

    Netted Member

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    Don't forget the Nets still have to give the old ABA teams a sizeable check every year. That impacts the value.
     
    Netted, Dec 4, 2008
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  4. adisodes

    adisodes Member

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    Really? Why's that?
     
    adisodes, Dec 4, 2008
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  5. ffz

    ffz Member

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    just my guess, but might have to do with them getting picked to merge into the nba and the other teams getting shafted and disbanding.
     
    ffz, Dec 4, 2008
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  6. Netted

    Netted Member

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    Correct. ABA-NBA merger

     
    Netted, Dec 4, 2008
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  7. rory

    rory One of the 7 New Wonders

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    That deal the owners of the Spirits of St. Louis got has to be one of the greatest legal business deals in history.
     
    rory, Dec 4, 2008
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  8. Денг Гордон

    Денг Гордон Member

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    It also is keeping an NBA team from coming to St. Louis, where there really should be a team.
     
    Денг Гордон, Dec 4, 2008
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  9. Mr. J

    Mr. J Triple Up

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    The Nets are slightly more valuable than the Grizzlies.
     
    Mr. J, Dec 4, 2008
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  10. nets1

    nets1 Member

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    this atlanatic yard thing and all its law suits are probably being counted as contigent liabilites which will bring down the overall value of the franchise. I guess Ratner underestimated the power of lawyers who live in Brooklyn. He may lose this fight yet, which btw will be a gain for new jersey.

    A gain cause the team stays in jersey, but a loss for the team cause they will never have a decent home court advantage....
     
    nets1, Dec 4, 2008
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  11. Mr. J

    Mr. J Triple Up

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    They will once LeBron comes.
     
    Mr. J, Dec 4, 2008
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  12. Netted

    Netted Member

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    Considering the Grizzlies play in a brand new arena in a downtown setting and the Nets play in a totally shitty arena in the middle of some wetlands that isn't too bad.
     
    Netted, Dec 5, 2008
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  13. Petey

    Petey Super Sized Sexy, The Bulls Fan Killer! Staff Member Administrator

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    The Nets also play the Knicks a yearly amount for being in 'their' market.

    -Petey
     
    Petey, Dec 5, 2008
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  14. Petey

    Petey Super Sized Sexy, The Bulls Fan Killer! Staff Member Administrator

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    It's great as there is no overhead on that yearly payout.

    -Petey
     
    Petey, Dec 5, 2008
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  15. drexlersdad

    drexlersdad SABAS

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    that really is amazing, hundreds of millions of dollars, wow their lawyer from that time gets 10% to this day, what a racket!

    btw, blazers made the largest jump, up 21%!
     
    drexlersdad, Dec 5, 2008
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