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[Feigen] "[Rockets sale] is going to set the record" >$2b per Experts "Individual buyer"

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by heypartner, Jul 26, 2017.

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  1. heypartner

    heypartner Contributing Member

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    you're just being superstitious if you think a new clause would be stronger than the existing one.

    The lease is a contract that binds the company (whoever it is) who owns the NBA Franchise License for the Rockets. The landlord is "Harris County HSA." Good luck breaking that clause. That clause with the HSA is stronger than any redundant clause you are thinking of. If you can break that clause, you can break any new one, too. Don't worry. A new, redundant clause won't be any better.
     
    #41 heypartner, Jul 26, 2017
    Last edited: Jul 26, 2017
  2. chenjy9

    chenjy9 Numbers Don't Lie
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    I am just naturally suspicious. :)
     
    #42 chenjy9, Jul 26, 2017
  3. don grahamleone

    don grahamleone Contributing Member

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    That was actually a very quick read and I'm not a financial guy at all. It's well put together. Congrats, Feigen. At this point you need no verification of your talent, but it's very obvious in this article. Like HeyP, I recommend reading it. It's better than the Bert Steele thread.
     
    #43 don grahamleone, Jul 26, 2017
    Deckard likes this.
  4. Remlap

    Remlap Member

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    Must be the glasses and the down vest.
    The ladies can't resist. ;)
     
    #44 Remlap, Jul 26, 2017
  5. Tenchi

    Tenchi Contributing Member

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    Yen is Japanese currency. Yuan is Chinese currency. You're gonna piss off your new Chinese overlords.
     
    #45 Tenchi, Jul 26, 2017
    don grahamleone likes this.
  6. don grahamleone

    don grahamleone Contributing Member

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    @heypartner what do you think the sell is going to do to you personally?

    Also, Les knows the NBA hates him and rescinded a trade prior to this potential one with the Knicks. Is it possible that Les is putting the team for sale, then assuming the NBA won't treat the team being sold like asshats, let it go thru and then once the trade is finalized, Les pulls the team off the market and gives the league the middle finger? Boom.. back to back chips!? Legit question..
     
    #46 don grahamleone, Jul 26, 2017
    Daddy Long Legs likes this.
  7. RKREBORN

    RKREBORN Member

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    Sources: Rockets to be sold by 5:45 deadline today
     
    #47 RKREBORN, Jul 26, 2017
    Caesar, No Chance, Deuce and 2 others like this.
  8. TracywtFacy

    TracywtFacy Member

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    To be honest, why would Les even care who buys it? As far as he's concerned, wouldn't he just sell to the highest bidder, maximise profits?
     
    #48 TracywtFacy, Jul 26, 2017
  9. don grahamleone

    don grahamleone Contributing Member

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    Any chance you've seen Railroad Tiger? I friggin' loved that movie. Typical chinese movie where no one takes themselves too seriously, but they tell a fun story that ends up actually being meaningful and surprising. I'm dying to work on a movie in China and seeing how they do everything. Bollywood also.
     
    #49 don grahamleone, Jul 26, 2017
  10. REEKO_HTOWN

    REEKO_HTOWN I'm Rich Biiiiaaatch!

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    Legacy. Nobody wants to be another Howard Schultz.
     
    #50 REEKO_HTOWN, Jul 26, 2017
  11. Invisible Fan

    Invisible Fan Contributing Member

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    I don't think tv revenue will decline, but I'm expecting it to plateau. 2 billion is a crazy high deal, but maybe it's the new normal?
     
    #51 Invisible Fan, Jul 26, 2017
  12. No Chance

    No Chance Contributing Member

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    A matter of pride he does not want to see what he build up and spent significant time with screwed up!
     
    #52 No Chance, Jul 26, 2017
    TracywtFacy likes this.
  13. DaDakota

    DaDakota If you want to know, just ask!
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    My guess is that it will be around 1.6-1.7b....

    DD
     
    #53 DaDakota, Jul 26, 2017
  14. chenjy9

    chenjy9 Numbers Don't Lie
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    Currently known by the name Ren Min Bi.
     
    #54 chenjy9, Jul 26, 2017
  15. cebu

    cebu Member

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    Bye Red Rowdies.
     
    #55 cebu, Jul 26, 2017
  16. RockWest

    RockWest Contributing Member

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    Tencent would be one of the few Chinese companies that has billions of offshore money to do so. Supercell and Riot are making tons of cash.
     
    #56 RockWest, Jul 26, 2017
  17. chenjy9

    chenjy9 Numbers Don't Lie
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    I really hope Les does not sell to Tencent
     
    #57 chenjy9, Jul 26, 2017
  18. RockWest

    RockWest Contributing Member

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    I don't think any NBA team is owned by a company.
     
    #58 RockWest, Jul 26, 2017
  19. chenjy9

    chenjy9 Numbers Don't Lie
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    One can make a legitimate argument that Spurs are owned by a company (Spurs Sports & Entertainment L.L.C.).
     
    #59 chenjy9, Jul 26, 2017
    RockWest likes this.
  20. RockWest

    RockWest Contributing Member

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    It's centered around Spurs though. Spurs is probably 90% of their value. While Tencent is worth 2-300 billion and 2B is like pocket change
     
    #60 RockWest, Jul 26, 2017
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