It has been interesting watching all these owners have to flip their teams to wealthier people as costs become quite a heavy cross to bear. I never thought I’d see billionaires being priced out of team ownership. A sign of the times I guess. Valuable things are getting too valuable to be owned by individuals.
Very timely that many acquisitions and sell offs are happening on this era. While these wealthy people don't have anything to do with their money, the sellers are certainly doing it perfectly.
Of course, if there is a chance of ownership then there will be some kind of adjustment. As the new owners will have to insert his own people into the Blazers and manage it the way he can. I remember when Balmer bought the Clippers for $2 billion back then. Then he try to overhaul the system, get the best players that he can get his hands and with his money.
So that's what I'm expecting from the Portland team in the next coming years. And obviously they will have to find a way to be competitive. Although Dame is back with them, I don't think that he is the same Lillard we all knew as he has multiple injuries and his body is tearing apart already.
They have a different Dame now but they can still build the team around him but, with this new management, we don't know what they're planning.
Crazy how even a small market team like the blazers would go for such a high price. They only thing that makes them kind of relevant is the fact that nike is also from Oregon, but that's about it. How does a value of 4 billion hold up against "only" 10 billion that were paid for the lakers some months ago. Are the Lakers actually only worth 2.5x of what the Blazers are? So strange and definitely too much in my opinion.
I think that you're right and it makes sense that a team like Blazer would have been a quarter of Lakers value and I also think that they weren't that much. But this is all about business and the seller have won this sale.