PuertoRican United States. Jun 15 2014 19:54. Posts 13044
The only bet I have for Game 5 is: Spurs win GM1 & win series +110 $10
I'll skip the first half of the game. If there's any decent action to be made after I finish watching Game of Thrones, then I'll try and get a live bet in.
This is one of the better off-seasons we have had in a long time. I hope Bosh goes to Houston (for the super stacked west) + LBJ making the real Return (fu drose) back to Cleveland + Cleveland then trading Wiggins for love. That team insta makes finals in the super soft east for the next 3+ years. Or they can gamble on Wiggins and lose this year and maybe the next, and then potentially dominate after that
I dont see how Miami can offer Bosh 15+ x 4years and still have a quality team, also I think it would be kinda ridiculous to turn down Houston's ": Rockets offer Bosh max deal of 4 yrs, $96 million".
If Mellow stays in NYC hes just talking shit about winning, cause that team is absolutely terrible. Since they let chandler go + ballhog offence, their defense will be giving up 100+ every single game, its gonna be a very frustrating season for them.
Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light not our darkness that most frightens us and as we let our own lights shine we unconsciously give other people permision to do the same
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RaiNKhAN United States. Jul 08 2014 23:53. Posts 4080
i know mlb sucks but lets just enjoy the lebron failure for another few months before we get back into nba
The biggest Rockets, Sixers, and Grizzlies fan you will ever meet!
Also wondering how much money owners make, clippers sold for 2b, (apparently the 2nd highest offer in the silent auction was 1.6b). From watching Dragons Den/Shark Tank most business sell for 2-3 years profit + brand equity, means clippers are making 500m+ a year? Would seem very lol for owners for a big market franchise to go over the salary cap if they indeed wanted to win, paying 50m in tax dosnt seem very steep
Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light not our darkness that most frightens us and as we let our own lights shine we unconsciously give other people permision to do the same
On July 08 2014 23:30 TalentedTom wrote:
Also wondering how much money owners make, clippers sold for 2b, (apparently the 2nd highest offer in the silent auction was 1.6b). From watching Dragons Den/Shark Tank most business sell for 2-3 years profit + brand equity, means clippers are making 500m+ a year? Would seem very lol for owners for a big market franchise to go over the salary cap if they indeed wanted to win, paying 50m in tax dosnt seem very steep
that's very intuitive of you. the 3 years profit + brand equity is an application of Discounted Cash Flow model (DCF). it's used in everything. right now interest rates are super low, and the QE part is making long term interest rates low too. u can imagine if this was back in the 90's with 15-20% interest rate you can imagine that last 3rd year of 500m divided by (1+15-20%)^3 decreasing the current price or projection of the value of the clippers. essentially that last 500m would be worth around 283m today and the price would reflect that.
iono things are tricky because since were at the lower bound, were basically 100% guaranteed int rates are going to be up in the future. think about what that does to something like a 30 year mortgage and how banks have to protect themselves from just 1 default. and how 1 default basically ruins 1000 mortgages. (they have it pretty fucking rough, commercial banking is not sexy at all)
also think about the psychology of the these new age owners (who are all ex Hedge fund managers, ceo's, and like other financy analysty backgrounds). they are very confident in their abilities to calculate and evaluate risk and return. so they might just think wow look at the playing field, everyone's so bad at some random mixed game (like running an NBA franchise) and they may over-estimate the softness of the industry mainly due to overestimating their own skills. but im kinda rooting for these new owners, cause i think were going to get a better product.
but i guess some more things that are relevant to your question, i dunno what the business model of these franchises are, but i imagine the "hard cash" is coming from = ticket sale + concessions. concessions being things like popcorn + sodas (where movie theaters make 85% of their money from. don't think most of us realize how hard it is for alot of these "moneymaking" industries to actually make a dollar) and therefore you can just almost subtract the 2b from the 1.6b of the bids to "calculate" estimated difference in evaluation of "brand equity" (because the calculations of ticket sales+concessions should be similar in both estimates so that only leaves a gross overestimation/underestimation of "brand equity" but this is more "castle in the sky" calculations cause these are all more subjective and you have to make more assumptions (but still very technical/analytical). but a franchise like the Green Bay Packers, who basically have sold out tickets for the next 30 years, like iono what the waiting list is but i heard its like ppl apply when tehy have kids, so by the time their kids graduate high school or college they might get season tickets taht year. but if this is true, i mean all the future cash flows seem nice and locked up. like they dont have to win to keep getting those cash flows.
vs like an nba franchise, if u turn into the magic, you might not even be able to sell your season tickets anymore. u wanna be the heat, where u outsell tickets, and can actually raise season tickets for more money. and iono if you have to necessarily be a "winning" franchise to get this anymore. as long as you have someone like blake griffin or a young kobe bryant, you're going to just sell out the stadiums and get most of your cash flows through that.
but back to spending a few extra dollars on luxury tax, yea. i mean you can spend a few if you think that the benift of winning a championship can help sell more jerseys, or increase ticket price, or increase "brand equity" etc. i'm sure you'd appreciate how clean these "cost/benefit" analysis can be sometimes hah. and sometimes who the fuck cares if your winning or not cause you have an exciting player like blake griffin, a young kobe or a dwight howard.
United States. Jun 15 2014 21:57. Posts 4080
but this is more "castle in the sky" calculations cause these are all more subjective and you have to make more assumptions (but still very technical/analytical). but a franchise like the Green Bay Packers, who basically have sold out tickets for the next 30 years, like iono what the waiting list is but i heard its like ppl apply when tehy have kids, so by the time their kids graduate high school or college they might get season tickets taht year. but if this is true, i mean all the future cash flows seem nice and locked up. like they dont have to win to keep getting those cash flows. 
