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purple hayes
Frightened Inmate #2
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Joined: 14 May 2002
Posts: 14462
Location: ON YOUR LEFT!
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 Posted: 08/09/05 - 16:20 Post subject: What does the average pro basketball team cost?
Just curious.
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cherylpf
crazy cat lady
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Joined: 14 May 2002
Posts: 17305
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Posted: 08/09/05 - 16:22 Post subject:
More than super sized fries and an apple pie
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j1miller
Puppy Love!
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Joined: 07 Jul 2002
Posts: 15447
Location: Lost on trail.
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Posted: 08/09/05 - 16:22 Post subject:
Looking to buy?
Can I be a cheerleader?
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purple hayes
Frightened Inmate #2
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Joined: 14 May 2002
Posts: 14462
Location: ON YOUR LEFT!
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Posted: 08/09/05 - 16:25 Post subject:
There's a story in the paper that shows who owns the Hawks and one of the guys is listed as owning .6%.
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jrjo
Gone Fishin
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Joined: 15 May 2002
Posts: 16451
Location: Lake Wobegon, MN
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Posted: 08/09/05 - 16:48 Post subject:
The LA Lakers are prolly about 500-mill on the high end, the Milwaukee Bucks prolly under $200-mill on the low end. I'd say the Hawks are probably closer to the lower end. A .6% owner would still have over a million in it 
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thegman
Member
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Joined: 23 Sep 2002
Posts: 3088
Location: 12 yards out.
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Posted: 08/09/05 - 22:41 Post subject:
| jrjo wrote: | | The LA Lakers are prolly about 500-mill on the high end, the Milwaukee Bucks prolly under $200-mill on the low end. I'd say the Hawks are probably closer to the lower end. A .6% owner would still have over a million in it |
You're almost dead on, according to Forbes 2004 valuations.
The Hawks were valued at 232 million. 
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blue
your favorite weapon
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Joined: 21 May 2002
Posts: 7010
Location: armed and ambitious
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Posted: 08/10/05 - 13:39 Post subject:
forbes also ranked NHL teams at like $130 million, when you couldn't even get $30 million for them...
so take that for what it is.
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j1miller
Puppy Love!
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Joined: 07 Jul 2002
Posts: 15447
Location: Lost on trail.
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Posted: 08/10/05 - 13:40 Post subject:
I don't know about basketball... let mecall Uncle Carl and find out about baseball....
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Ms. Jenn
Fresh, Hot & Wild
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Joined: 14 Feb 2004
Posts: 7935
Location: Suite 550
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Posted: 08/10/05 - 13:45 Post subject:
that's a lot of money.
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