What sports does TNT have if it loses the NBA? This might be more Ernie trying to negotiate a big severance.
They do NHL, golf, college basketball, MLB, and some NFL (at least, they are part of the group that broadcast those)
first thing....this is Canzano. So the likelihood of bullshit is high second thing...ok, maybe...but it's a context free assumption that Jody is just waiting for the new media rights deal to sell. Yes, it should jack up the value of the Blazers; by how much I don't know. 10%?...20%...more? but there could actually be more incentive for Jody to hold onto the Blazers than for her to sell
the TV deal is realistically tripling, so the increase of the value of the team would probably be significant. If they think the team is worth 3 billion (probably less so now that the team doesn't own the arena), a 30% increase is 900 million more. That's worth waiting for.
except if the media deal is tripling, that means that Portland's media income will be tripling. 2-4 years of tripled media payouts could more than offset that initial bump to franchise value the only reason that the Blazer franchise value would increase more than normal appreciation is because revenues and cash flow jumped way up...and the Vulcans absolutely adore cash flow. If the Blazers market value increases from 3B to 3.7B in the first year of the new media deal, it could be in the 5-6B range by 2030. If Jody's executor fee is 5% of franchise value at sale she gets 185M in the first year of the new media rights deals. But it could be 300-350M in 2030 (adjust down if you think she'll get less than 5%, but it's still relative). And in each of those intervening years triple the normal cash flow will be deposited into the PA Trust unless I'm missing something, I think the notion that the media deals will incentivize Jody to sell is off base. I can actually see where it would incentivize the opposite direction
I have posted this elsewhere - the new media deal will not increase franchise values much from where they've been the last 12 months. Franchises are valued by yes models of future revenue but it was already built into those projections revenue would go way up with the new TV deal. Perhaps there could be a small increase if the deal is more than previous projections, but it would be nothing close to 900 million- $1+ billion or such.
I thought it was short for Hub Cap? Guess I’ll have to look check again? This makes is sound more like Hard Core Porn?
One of these days we’re going to randomly wake up to news that Jody Allen is nearing a deal to sell the blazers to somebody
And you will start posting about how simply because we have a new owner, we’ll be headed straight to the finals. Just like the potato heads in here who daily posted how , “anybody is better than Stotts!” How’s that going for you?
Just wait until the power ball drawing is worth 4 billion so you are sure to have enough. Then of course you have to take the annuity so you get it all but that takes 20 years?
I remember the afternoon that it was almost official that the Kings were heading to Seattle. My NBA guys said it was a done deal.