Vegas has a new arena but it wouldn't be owned by whomever buys the Blazers. Why move a team from a city you own the stadium to a city you wouldn't? As for Seattle, we'll see about what happens with a redone Key Arena. It's been redone before and hasn't worked out very well. Once again, the building wouldn't belong to the new owner.
https://www.forbes.com/nba-valuations/list/ Only one team lost money last year, and that was the Cavs who lost 6.2 mil. Everyone else is in the black, showing us all how good of a shape the league is in. However, 22 teams made more than the Blazers who only pulled in a paltry 25 mil last year. On an investment worth 1+ billion, a 2% return on investment is pretty terrible. Even revenue is around middle of the pack. And this is why the Vulcans will sell the team, and this is also why we will continue to miss PA and his penchant for spending.
I don’t get it when people say the new owners won’t spend money. If we have cap space are you saying the new owners who are billionaires won’t sign key free agents? Again, even if we have cap space? After spending a billion plus on a hobby their clearly interested in they won’t enjoy their new toy?
Very few owners will spend 10+ mil to get a first round pick, and even fewer will throw caution to the wind to spend to win as Paul did in the early 2000s. He ran this team like it was in a big market for much of his tenure. Why do you assume that a new owner will treat this team like a hobby instead of a business?
The value of the Bucks rose 37% in one year. Now stuff like that isn't guaranteed to happen and won't have that big of a jump every year but NBA teams are a pretty safe investment for a rich person to make. It would be almost impossible to lose money in the long run. Besides, the numbers for how much a team makes in a given year are so skewed anyway. The numbers are made to look like they are just barely getting by.
I think there is some middle ground here. With the cap rules we can probably assume that a new owner wouldn't be willing to spend GS level luxury tax but I'd also assume that most owners would be willing to spend up to the tax line. If the $10 million for a draft pick is referring to Varejao, the team was below the salary floor at that point and were going to have to pay some of that money anyway. I would love for a Mark Cuban type owner who is relatively young, energetic, and instantly becomes one of the teams biggest fans and wants to win. I won't hold my breath for someone like that but we just won't know how to answer these questions for awhile.
That will rise with the new jersey patch. The Laker games in Portland alone will probably bring in another $2M. An extra home playoff game brings in another $1.5M.
One "tell" to keep an eye on: will Vulcan maintain the status quo, or will they move to shed payroll/assets. That will give us a hint as to what type of potential buyers are out there.
It will definitely be interesting. I'm not convinced that the loss of assets it would take to shed payroll is worth it long term compared to just letting the bad contracts run out in two years. I was convinced if the team was doing well this year that Allen would let Olshey go deeper into the tax. Now it may be a situation where Olshey is forced to not be a luxury tax team because Vulcan doesn't want that expense. They better make that decision quick though because once Sacramento uses their space it will become way more difficult to get under the tax line.
Those are different things? Seems to me most of our moves ever since the Crabbe/Turner/Meyers debacle has been shedding payroll and assets.
You can’t even buy 1st round picks like that anymore I believe anyways.. You say Paul spent crazy in the early 2000s yea he did. That’s true but the recent collective bargaining agreement control much stricter how owners spend now. It’s more controlled and regulated. I love Paul Allen too but anyone can admit for awhile now he’s spent within the cap pretty reasonably. The owners will do the same.
I'm not refering to marginal guys like Crabbe or Vonleh. I'm talking about something like dumping CJ for expiring deals, or giving someone Collins just so they will take Leonard off our hands.
Interesting read in the Washington Post on the Seahawks' and Blazers' futures after the passing of Paul Allen. Not too much new, but a good summary: https://www.washingtonpost.com/spor...ory.html?noredirect=on&utm_term=.e8b948a7ca0f
Also we’re at the top of the list for getting MORE pro teams for a reason. Think of it this way, if Portland didn’t already have an NBAteam it would be second only to Seattle for the best place for it.
I didn't say Cuban himself and I'm not talking about anything outside of basketball like politics. I just want a passionate owner who roots for the team as hard as he does.
