OT This move around NBA ownership has vast consequences

Discussion in 'Portland Trail Blazers' started by Idog1976, Dec 6, 2022.

  1. Idog1976

    Idog1976 Well-Known Member

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    And Sovereign Wealth Funds are much, MUCH worse.
     
  2. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Well, this transfers cash from foreign to domestic entities. And when the NBA inevitably collapses, the foreign entities will be left with a worthless asset.

    It's not as good as selling them crypto, but not bad.

    barfo
     

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