The average NBA franchise is now worth $2.1 billion, up 14% and outpacing the gains of the NFL and MLB. The Knicks, Lakers and Warriors rank among the five most valuable U.S. sports teams, along with the Cowboys and Yankees.
to sell roughly 20% of the Charlotte Hornets to Gabe Plotkin and Daniel Sundheim. The agreement values the team at $1.5 billion, up from $175 million in 2010 when Jordan bought majority control of the club.
In addition, teams in New York and Los Angeles go for sky-high revenue multiples. Recall that Steve Ballmer paid 14 times revenue for the Los Angeles Clippers in 2014. Tsai paid 11 times revenue for the Nets. The revenue multiple Houston billionaire Tilman Fertitta paid for the Rockets in 2017 was a relatively cheap seven.
“This season’s NBA ratings story is silly. It is a small sample size. This is a year-round league with year-round stories,” says sports media consultant Lee Berke of LHB Sports. “The next NBA media agreements will be a substantially evolved set of deals because of streaming. There will be an increasing range of media companies that want the NBA for the U.S. and worldwide.” The current $2.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Raptors' Masai Ujiri Sued Over Cop-Shoving Incident at 2019 NBA FinalsMasai Ujiri ain't in the clear yet from his altercation with a police officer at a 2019 NBA Finals game.
Consulte Mais informação »
A Louis Vuitton x NBA collaboration is comingThis is the first in a multi-year link-up between the French fashion house and the basketball league.
Consulte Mais informação »
NBA roundup: Bogdanovic buzzer beater lifts JazzBojan Bogdanovic hit a 3-pointer at the buzzer to lift the Utah Jazz to a 114-11...
Consulte Mais informação »
Kind launches frozen bars and refrigerated nut butter bars - Business Insider$4 billion snack maker Kind says it will spend 'tens of millions of dollars more' to market its new frozen and refrigerated products, and hit $1.6 billion in sales in 2020
Consulte Mais informação »
U.K. Competition Regulator Orders Viagogo to Hit Pause on StubHub MergerThe U.K.’s competition watchdog has ordered Viagogo to put its planned $4 billion acquisition of StubHub on hold while it continues to investigate the merger.
Consulte Mais informação »
New York City Has Gone to the DogsPhotos: Dog compete in the 144th annual Westminster Kennel Club Dog Show in New York City, with the 'Best in Show' winner scheduled to be announced Tuesday at Madison Square Garden
Consulte Mais informação »