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What if COVID-19 Forces Tilman to SELL The Rockets?

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by BigggReddd, Mar 13, 2020.

  1. Icehouse

    Icehouse Contributing Member

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    What was his bid?
     
  2. PhiSlammaJamma

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    This could go viral.
     
  3. Corrosion

    Corrosion Member

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    The longer this drags out , the more that possibility grows.

    I would expect most of Ferntits "wealth" to be in assets , not so much cash. There could easily come a point where he's over leveraged and forced to sell off assets.
     
    Richie_Rich and amaru like this.
  4. Ekiu

    Ekiu Member

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    Fertitta is profiting big on Waitr Holdings... this is skyrocketing over past two days.

    Had no idea he owned it until I looked.
     
    #64 Ekiu, Mar 19, 2020
    Last edited: Mar 19, 2020
  5. RedRedemption

    RedRedemption Contributing Member

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    If Tillman is forced to liquidate the Rockets or his other business ventures (which probably have a higher profit margin than running an NBA team does), I think he chooses to sell the team for lower than $2.2 billion.
     
  6. chenjy9

    chenjy9 Numbers Don't Lie
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    Be careful what you guys wish for. The man could always sell it to a new owners or group that moves the team out of the state after a year.
     
    amaru likes this.
  7. Icehouse

    Icehouse Contributing Member

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    The league isn’t going to approve a move from Houston.
     
    Richie_Rich, Bo6 and Ziggy like this.
  8. Nick

    Nick Contributing Member

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    The days of moving to smaller cities simply for an arena are over. All pro sports teams now realize that the real money is in media deals, and local media deals, which makes the market size the most important factor overall.

    In hindsight, OKC wouldn't exist... Memphis wouldn't exist... New Orleans wouldn't exist... but they've now made the most of those lesser situations. For the NFL, the Titans/Oilers lost a significant chunk of overall franchise value by moving to Nashville. Same reasoning why the Rams moved away from St. Louis, despite having a new stadium deal there, and their franchise value shoots up infinitely in LA.
     
  9. chenjy9

    chenjy9 Numbers Don't Lie
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    The league has always hated us and this was before Morey and China.
     
  10. chenjy9

    chenjy9 Numbers Don't Lie
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    Some potential owners may not actually care about that and just want a team in their hometown.
     
    amaru likes this.
  11. Lawlruschang

    Lawlruschang Member

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    Nicely detailed but ignorant analysis. I am guessing if the disease instantly lost its ability to spread today we would still see 12-13k deaths.
     
  12. Lawlruschang

    Lawlruschang Member

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    I think it’s funny that you all think the rockets would still be worth 2.2 billion in the midst of a depression just because that’s what it sold for last time. Every company in the country would kill to be able to sell for what they were worth a few months back.
     
    Der Rabbi likes this.
  13. tinman

    tinman Contributing Member
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    The Rockets aren't moving.
    You guys are going crazy with speculation.

    Les would have moved the team to Shanghai or Wuhan if the league let him.
    @Air Yordan

    Dude was a much a Houstonian as Vladmir Putin
     
    BigShasta and Lawlruschang like this.
  14. Nick

    Nick Contributing Member

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    That's why there's a commissioner... and one owner can't make moves that adversely effects the league's bottom line or potential revenue.

    If an owner is from Jacksonville Florida, he can't simply move a team there because he wants to. If it makes zero financial sense for the league, it will be veto'd.
     
    Gray_Jay, Icehouse and Lawlruschang like this.
  15. Lawlruschang

    Lawlruschang Member

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    out of the 4th biggest city in the country with a growing population and economy? Just lol
     
    Icehouse likes this.
  16. Icehouse

    Icehouse Contributing Member

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    It doesn’t matter what they want. The other owners have to approve it.
     
  17. pippendagimp

    pippendagimp Member

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    it has a total market cap of $200M

    he's losing like 10x that in his other deflatr holdings
     
  18. Air Yordan

    Air Yordan Member

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    Les>Tilly tho
     
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  19. tinman

    tinman Contributing Member
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    Nope
    Putin > Les
     
  20. chenjy9

    chenjy9 Numbers Don't Lie
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    You mean the same owners that approved of the Sonics moving to OKC? Oh wait...
     
    Gray_Jay likes this.

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