(Geltzeiler) Source: Tilman feverishly cutting costs in all Facets of Rockets organization

GSW can pay 85M in taxes because they have 5 freaking all stars on the team.

A lot of owners with actual money to burn wouldnt mind spending if they have 5 all stars even Sarver who is probably one of the cheapest owners ever was ok with paying Shawn Marion, Nash and Stat the max and wouldve also paid Joe Johnson the max as well.

But the Rox spending wouldnt be bringing back an all star return CF just wanted freaking Danuel House. Morey can't justify to Tillman paying the lux tax and missing out on lux tax payment for Danuel "Da Gawd" House.

 

Owned by Fertita lol that is just embarrassing.

 

http://www.espn.com/nba/story/_/id/...arly-half-nba-lost-money-last-season-now-what

Half the league losing money, no risk, nothing to see here lmao!

Actually I will go ahead and educate you illiterates: go run a net present value analysis on the worth of an asset with negative future cash flows.

Oh look, multiple NBA teams at risk of bankruptcy, no risk, nothing to see here lmao!

https://www.cheatsheet.com/money-career/pro-sports-teams-go-bankrupt-near-future.html/

Investing a substantial portion of net worth in any one asset, without diversification, is extremely risky. I'm sure people who bought houses in 2006 thought there was "almost no risk at all" because "house prices only go up."

 

Less than half after revenue sharing, and again, this doesn't include the valuation of the franchise. Even the Bucks that were allegedly losing money (before the new stadium) were sold for more than $500 million and accounted for like a 13% rate of return annually on the initial investment, assuming the owner never made a single dime other than the sale.

Sure though, investing too much in any one asset is always risking, I agree.

That said, we were specifically talking about the Rockets here. If Tilman returns $100 million a year in income on the Rockets PLUS ends up selling it for an annualized rate of return of 10-15% that is an insane value.

 

I'm sorry if you deliver for Doordash, but you guys are clueless when it comes to financials.

 

Tilman could be shoring up financials for a run at an NHL team. This story sounds cooked up.

 

Les ftw. He just pops champagne with hookers on his boat rn and laughs at Fertitta

 

Don't burden CF's minds with your logic and facts.

 

Are you talking about income or profits?

 

I have heard the same from people who are involved in his businesses. Remember that owning a team is not just player salaries, and things related to the athletic side of the team. I have heard that they are cutting costs on things like accounting software, sales software, etc. - moving away from Oracle and Salesforce products into lower cost tools and products, and data backup companies.

All of these type of overhead for businesses can run into the millions per year. And, they can be easily cut if you are willing to cheap out on certain software and tools.

 

Even things like payroll and paycheck processing can costs hundreds of thousands in overhead per year. These are the things he is cutting... overhead for his basketball business, and streamlining things there. It has nothing to do with player salaries. You can save millions by making processes and software more efficient.

 

I can dig that 'feverishly'.

 

Tillman is a business man he wants big returns.

But by know means is he broke or in financial trouble.

The guy owns everything 100% nothing is public. That’s baller.

He owns 5 casinos over 300 restaurants and just built the nicest hotel in Texas. Not to mention he owns and nba team valued at 2.2 billion dollars.

Is he trying to get the very most on his investments? Absolutely.

But I have no doubt on the basketball ball side as in players, GM and coach he’ll spend whatever to get this team championships.

He’s prideful he’s a winner. He’s ego won’t let him looks cheap when it comes to the actual product on the court.

And tbh outside of the warriors. I’m sure every owner envy’s Tillman.

He’s fielding a deep team with an MVP, elite coach and gm that’s widely seen as the only threat to the warriors for the last 2 years all while being under the luxury tax.

No owners would not take what’s tillman has. In fact every owner is striving for what he has.

Tillman is winning.

 

Cmon y'all the tweet is fake Tillman got enraged and confronted the tweeter and that dude just walked everything back.

Stop posting like the tweet has any semblance of truth if it was Morey wouldn't tie himself to a sinking ship for 5 more years just last year Sixers were trying to pirate him away.

 

You are definitely not wrong.

 

Found the guy didn’t buy Amazon,Netflix, or Tesla and still has no idea how to value them.

Can you make a chart describing the relationship between NAV, FCF, and P/E ratios? I think it’ll help us illetirstesfghzs.

 

http://www.espn.com/esports/story/_...e-clutch-gaming-philadelphia-76ers-20-million

 

Seems like Rockets and Sixers have good relationship, Ennis trade, now this...what's next?

 

Can we sign House now?

 

Gawdam, that was a great investment. How much was even invested to begin with to start it up?

And we all know that Tilllllman is just gonna buy it back after it fails or buy up majority shares if it goes public.