BetweenTheBuzzAndMe | Charlotte Bobcats

77 | 5 hours ago

i know nothing about hockey but this guy owns the one successful sports franchise in North Carolina, so maybe he’s good? idk

LunarFocus

19 | an hour ago

As a Hurricanes hater, i’ll say they are probably the smartest organization in the league. They are analytical darlings and have put out a consistently good team for a decade now. Playoff success is def a weak point for them.

X-Filer | Pelicans

8 | an hour ago

They have over achieved their talent consistently. Very difficult to overcome the Panthers / Lightning in the east this decade

LunarFocus

2 | an hour ago

I think it’s more of they are playing an effort driven system and they don’t let off the brakes at all during the season. I think fatigue is a huge factor for them come playoff time.

SiphenPrax | Knicks

-21 | 4 hours ago

Well the Hurricane have been constant underachievers outside of one Cup win 20 years ago……..

But hey the Blazers may get their version of Hurricane Man!

KingInTheFarNorth | Vancouver Grizzlies

31 | 4 hours ago

The Hurricanes will be going to the 8th consecutive playoffs. Pretty good for a small market franchise.

preptime | Trail Blazers

16 | 4 hours ago

Sort of funny hearing this come from a Knicks fan.

SiphenPrax | Knicks

-11 | 4 hours ago

I’m a Knicks and Rangers fan, believe me I’m just calling a spade a spade. Oh and also fuck the Canes!

JebKermansBooster | Spurs

-1 | 3 hours ago

LGR

SiphenPrax | Knicks

1 | 26 minutes ago

My man!

JebKermansBooster | Spurs

1 | 23 minutes ago

Can we launch Drury into the motherfuckin’ Sun?

Lrgp39 | Warriors

1 | 2 hours ago

~~RAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAALEIGH!~~

POOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOORTLAND!

chris-dempsey |

48 | 5 hours ago

The Blazers are gonna be renamed Special Victims Unit

KindBass | Celtics

8 | 4 hours ago

Executive of Basketball Operations

DICK WOLF

ASadChongyunMain | Spurs

4 | 3 hours ago

Portland SVUs

bedlam_au | Celtics

2 | an hour ago

Came to make a Law & Order gag. Have to tip my cap instead

--Rick--Astley--

29 | 4 hours ago

WHY ARE YOU YELLING?!

SpiritedDog9544 | Toronto Huskies

24 | 5 hours ago

Yang Hansen has served his purpose

NevermoreSEA | POR

12 | 5 hours ago

I honestly thought we already got this part done.

HumongousBelly

13 | 4 hours ago

What could go wrong selling a franchise to a monster who made his money with subprime auto lending and bankrupted an entire league with his sissy fits?!

AdministrativeBag703

58 | 4 hours ago

If you want to hold out for an ethical billionaire you might be waiting a while

Etzutrap | Trail Blazers

19 | 4 hours ago

Sadly Paul Allen was the closest thing we’ll ever get to an “ethical billionaire”. whoever replaced him was never going to be as likeable.

Jonesbro | Gran Destino

-2 | 4 hours ago

All billionaires are psychopaths. If they weren’t then they would give away enough wealth to not be a billionaire

Maydietoday | Heat

2 | 4 hours ago

JK Rowling used to do that and that hasn’t stopped her.

Not_RZA_ | Lakers

-19 | 4 hours ago

Ethical says who? Because he votes how you vote?

clear831 | Heat

-13 | 4 hours ago

Ding ding

TyposIncoming | Lakers

7 | 4 hours ago

bankrupted an entire league with his sissy fits?!

The AAFL was already doing poorly when he invested though…

KozyHank99 | Timberwolves

2 | 2 hours ago

That league was financially unstable and Dundon saw the writing on the wall and pulled the plug before they finished the season

vindicare1 | Celtics

1 | 4 hours ago

I mean most if not all owners are scum but he does at least he likes winning. Thats better than 70% of them.

VossC2H6O | San Francisco Warriors

9 | 4 hours ago

What happened to the Panda Express owners?

TechnologyUnable8621 | Trail Blazers

16 | 3 hours ago

They’re part of the investment group

scorchingbuttmud

6 | 4 hours ago

TOM DUNDON, INVENTOR OF THE LAW & ORDER NOISE

generally-mediocre | 76ers

4 | 4 hours ago

DUNDON DUUUUUNNNNNNNN

PhysicalAd9507

3 | 5 hours ago

Hm for almost half of an expansion fee?

roastedhambone | Thunder

12 | 4 hours ago

You’re not paying off the difference in revenue sharing when you buy an existing team

hickok3 | Raptors

0 | 4 hours ago

I mean, the expansion owners are expected to pay way more than their share to buy in though.

New tv deal was 11/77B. Half of the goes to the players, so ¹¹⁄₃₈.5B to the owners. Divide that number by 30 and each owner gets roughly 1.28B over the life of the contract.

Just to make things way easier to calcuate, I won’t take into account the first few years that the current 30 owners will be paid at a ¹⁄₃₀ rate, instead of ¹⁄₃₂, before the new teams are up an runnning. Changing the existing deal to pay out 32 owners instead lowers it from 1.28B to 1.20B each.

So the expansion owners are “costing” the current 80M(slightly less in reality) from the TV deal, but at 8B per team will be paying each existing owner 266M(×2 for Seattle and Vegas to get the 500M number sites like ESPN have put out there). So it’s a net profit of 186M.

PhysicalAd9507

-2 | 4 hours ago

But the asset you are getting is the same (an NBA team). I don’t see why that should change the value.

roastedhambone | Thunder

3 | 4 hours ago

Because adding two teams dilutes the revenue sharing owners receive. You’re paying off the other owners when you buy into an expansion. You’re not diluting revenue sharing when purchasing an existing team. They’re not the same

PhysicalAd9507

-2 | 4 hours ago

So why wouldn’t the interested party not buy the Portland team, instead of paying double for the new team?

You’re explaining why the league wants more money, not why the asset is worth more.

roastedhambone | Thunder

2 | 4 hours ago

You’re the one who’s focused on what the asset is “worth” which is not relevant to the expansion fee. For the last time, they are paying off the other owners in order to join the league, they are also paying to buy the team. When you buy an existing team, you are not paying off the other owners. If you can’t grasp something this simple you’re a lost cause

tom_mayfield

3 | 4 hours ago

ProPublica published a piece on him running predatory lending business couple of days ago -

https://www.propublica.org/article/tom-dundon-moda-center-portland-oregon

JackDAction

3 | 3 hours ago

DUNDONDUN

SiphenPrax | Knicks

1 | 4 hours ago

Two basketball team sales today is not what I had on my bingo card when I woke up this morning

Not-JustinTV

2 | 2 hours ago

Who else?

SiphenPrax | Knicks

1 | 26 minutes ago

Connecticut Sun got some and is relocating to Houston on top of that

bassicallyinsane | Trail Blazers

1 | an hour ago

This was the only one today

SiphenPrax | Knicks

1 | 27 minutes ago

Nope. Connecticut Sun in the WNBA sold to Tillman Fertitta.

Extranationalidad | Nuggets

1 | 2 minutes ago

That happened a few days ago.

Suomiballer

1 | 3 hours ago

OH MY GOD

outsidehere | Lakers

1 | an hour ago

So…. does he want to keep them in Portland?

a_happy_future | Bucks

1 | an hour ago

Tom Law and Order?

HeWasNumberJuann

1 | an hour ago

I wanted this to say Tim Duncan so bad.

KingBroly | Wizards

1 | 29 minutes ago

PORTLAND! ARE YOU READY COME TO OUR GAMES! IT’LL BE A BRASS BONANZA!

Old-Spirit-3320

1 | 22 minutes ago

great now do kings jazz mavs magic heat hawks wizards pelicans grizzlies hornets clippers

Reasonable-Put6503

1 | 20 minutes ago

Paul Allen was the last good billionaire

Puripuri_Purizona | HOU

1 | 14 minutes ago

Dun Don Daa!

HumongousBelly

-2 | 4 hours ago

What could go wrong selling a franchise to a monster who made his money with subprime auto lending and bankrupted an entire league with his sissy fits?!

Outrageous-Job2684 | Thunder

7 | 4 hours ago

Could be worse I suppose. The lakers sold to a guy who owns ice detention camps

Any-Simple-6570

2 | an hour ago

…no they didn’t

A minor investor (less than 5%) does

Atleast bring up the gulf oil money instead of lying.

No nba team owner is ethical and you should know as an okc fan.

Outrageous-Job2684 | Thunder

1 | 29 minutes ago

except I never said there were ethical team owners??? Putting words into my mouth lol. We know what Bennett did, I’m not defending that 😂

anshuvio2

4 | 4 hours ago

Mavs are owned be Miriam Adelson, who is a huge Trump and Israel supporter

Magic are owned by the “privatize education” DeVos family

HumongousBelly

1 | 4 hours ago

Adesldon is not even the worst. Devos and her brother prince are probably the nastiest owners in the nba

Trimax42 | Germany

-4 | 5 hours ago

The money is supposed to go to charity, right? If yes, then it could have been higher imo

443Authority

-5 | 4 hours ago

They’re gone

dptraynor

-11 | 5 hours ago

NBA expands to Seattle

Supersonics return

Portland relocates to Vancouver

Memphis relocates to Hartford

My dream of the NBA Hartford Whalers comes true

daveskillerbeard

7 | 4 hours ago

Portland should have a team, if Vancouver wants a team get it back from Memphis. There can only be one grizzlies and it makes sense back with Vancouver

DastardlyRidleylash | Raptors

1 | an hour ago

Plus, moving Memphis back to Vancouver means you can simultaneously create a little ball of PNW hate between the Blazers, Sonics and Grizz and move the Thunder to the Southwest to take their spot, which I’d have to imagine Thunder fans would be ecstatic about because that division is so much better aligned with them geographically.

sctbrns | Raptors

4 | 4 hours ago

Nah Portland fanbase is elite. Can’t move them

iRockaflame | NBA

2 | 5 hours ago

Vancouver 🎉

MJRuinedMyChildhood | Charlotte Bobcats

-24 | 5 hours ago

Finally we can move the team out of Portland

TechnologyUnable8621 | Trail Blazers

2 | 3 hours ago

This coming from a charlotte fan is hilarious

[NBA] NBA BOARD OF GOVERNORS APPROVES SALE OF THE PORTLAND TRAIL BLAZERS TO AN INVESTOR GROUP LED BY TOM DUNDON