TheGame wrote:jrodmc wrote:TheGame wrote:jrodmc wrote:This line of logic is hilarious. So who's going to draft the teams? The agents? The citizens who live near the venues? THE AGENTS?????
And who's going to front your 200 million which you throw around like chump change in this current economy?
I love the game, but these millionaire enterprise college drop outs are not in any way capable of starting and running something as intricate and complex and involved as a professional sporting league in the 21st century.
These egos can barely survive together from season to season on the same TEAMS, let alone trying to pool together capital and resources to start, run and maintain the massive infrastructure required to run anything even approaching the NBA.
You're smoking some really weird crack.
THere are plenty of people around that can easily afford $200 million to get on the ground floor of a potential $4 billion industry. FInding a few billionaires to buy into the idea will not be a problem as long as they are assured that the league will be a going concern. Basically, the players would have to cut all ties to the NBA and essentially stick to moving forward with the new league. If that happens, getting capital will not be a problem.
There are going to be issues regarding the draft and those type of issues, and eventually every team will need to put a general manager in place, but those issues can be resolved. This new league would not have the expense of the WNBA or all the other things that NBA has obligated itself to and there would be no entry fees per se, so the league should have a more solid financial footing. Really, the only thing holding it back would be the TV deals, and like I said, once those deals expire, I think the networks are going to go with Lebron and Kobe over whatever d-league scrub the NBA showcases. In fact, the new league would not even need to wait. Networks such as CBS and ABC (who don't have NBA contracts) would bid on the games right now as long as they were assured that the league is a going concern. You could probably get those networks to give you a 5 year deal for $300 million or so. It really is not all that difficult to start the new league if there is a strong leadership and all the major NBA players buy-in.
You keep saying this [phrase in bold]. Exactly how, in your reality, does this assurance happen? And when you figure that one out, can you send me your CC and bank account numbers, I have $18 million in funds I need to transfer to your account due to a merger/acquisition in Morocco that the national government there needs to offload. I give you assurance that this is a going concern...
And these "plenty of people" who can "easily afford $200 million" are going to do what? Give the players 60% of the revenues? Oh I'm sure your world is just chock full of venture capitalists who are dying to get in to a pricey potentiality like that.
Here we are, back at where we started...
All I am saying is that the players must commit to the new league. The problem is if the investors feel that the marque players will run back to the NBA once the NBA realizes they are leaving and ups its offer, then they will not buy in. If the marque players sign on to the new league with a guarantee that they are in it for the long-haul, that is the "going concern" I am talking about. Obviously, no one can guarantee how long a business can last, but the issue is simply getting a commitment from the star players that they are going to forego the NBA and stick with the new league no matter what.
As for venture capitalist, what are you talking about. There are people lining up to buy NBA franchises for $400+ million. You don't think there will be people willing to fund a new league at half that amount when they can probably immediately negotiate TV deals that gurantee them all their money back. As long as you have the superstars on board, forming the league can happen. People will pay to watch Lebron, D-Wade and the other stars play whether they are in the NBA or not.
First or all where are all of these people lining up? I want to actually see that many people with the access to those kinds of funds.. next, you are missing the key point.. If they are lining up, it is to buy an "NBA" Franchise... not some new league..
Heck, I may be willing to throw my entire savings at the chance of opening a starbucks, heck I am sure people are lining up for that... I will be a whole heck of a lot less eager to throw my capital at a " joes java hut".....
Anyone who sits around and waits for the lottery to better themselves, either in real life or in sports, Is a Loser...............
TKF