NBA Backer King Chapter 447

On the second day, the issue of bullying coaxing was hyped up by the media, and it became known to the world.

In the morning, Magic Johnson accepted an ESPN TV interview at the hotel and said: "The Bulls' infighting has been reported in recent years, but the Bulls have handled it well. They are still the most competitive team in the league. Hope Can handle it this time.

In this regard, I would like to praise the Suns, from the front office to the coaching staff to the locker room, they have always been monolithic, so they can always be at the forefront of winning the championship. "

"Erwin, the Suns also have infighting issues. Their offensive assistant, Mike D'Antoni, publicly accused Old K of taking too many tactical positions and shots a few days ago. He believes that the team should reduce Old K's tactical position. With the shot, I even think that the Suns should play a fast-paced offense and defense, just like your showtime, play small balls." The reporter reminded.

Magic Johnson laughed and said: "I think the Suns can think about it. The showtime era of the Lakers was a very popular style of small ball and was very popular with fans. At that time, we were the Lambovin of the league. Play small ball, yes The Suns' market is very good, and it will definitely bring a lot of new fans to the Suns, which will help expand the market."

"Erwin, but then, how will the Suns arrange for Old K?" the reporter asked.

Magic Johnson said with a smile: "Trade, the Suns can trade an entire team of All-Stars with Old K, so that they can maintain their championship-level strength and rely on the influence of multiple All-Stars. Further expansion of the global market.

And the old K's contract is too big, it's not worth it at all, the Suns can reduce a lot of expenses because of this, haha! "

"The magician is not a good guy!"

Pharaoh was eating breakfast with Barkley and a large group of people. The TV happened to be ESPN. Hearing Magic Johnson's words, he was dumbfounded.

"Old K, the Lakers won't give up on you." Barkley said with a smile.

"Old K, why don't you join the Lakers? You and I join forces to beat Michael to death." Da Meng laughed.

Old Wang said disdainfully, "Have your sweet dream, I can kill him by myself, do I need to give you the honor?"

"Ha ha…"

Buckley and Glider burst into laughter.

Da Meng's face turned pale with anger, and he cursed angrily: "I don't know good people, old K, when your little brothers grow up, you'll be finished, see how you keep them."

"Hey, isn't the luxury tax going to be implemented in the future? Let the boss take the money to keep people." Lao Wang laughed.

Dameng immediately shook his head and said: "Impossible, Phoenix's economy is average, the spending power of fans is so great, and the football market is not infinite, do you think fans' money falls from the sky?

Small markets are not like big markets like New York and Los Angeles. As long as the big markets have a good record and have stars, can ticket prices go up and down? The small market does not have enough operating income, who dares to invest money in it? Not to mention your own big contract.

Look at the Bulls, Jordan's contract is so big, and the Bulls' owner has enough support. Chicago's city size and economic strength are much better than Phoenix's. How much luxury tax can the Suns give? Luxury tax can only be played in the big market, not in a small market like yours. If you don't play well, your team will go bankrupt. "

Pharaoh thinks about it, he doesn't understand this, but the tickets for the Suns are indeed not as high as the Knicks and the Lakers, and even worse than the Bulls. He knows this, even if it is a year of two championships, it is the same, then The Suns' market is really not big.

Barkley analyzed: "Mr. Colangelo is forming an MLB team, which may also take away part of the Suns' market, but if the Suns can continue to maintain a strong competitiveness, they are not afraid of the Cobras stealing its market. "

"Forget it, let's not talk about that."

Lao Wang couldn't understand it either, so he didn't talk about this topic at all.

"Robert, have you seen Magic Johnson's interview, ESPN, I think he has a point. If we buy the Suns, we should do what he said, and have a few All-stars in our hands. The ball market, and you don't have to carry the big contract of the old K."

At this time, a partner called Robert Savor, and he said disdainfully after hearing it: "There's a fart reason to trade a few ordinary All-Stars with the first person on active duty, is it crazy?

Don't listen to the magician, he is from the Lakers, the Lakers have always wanted to get the old K, how could I be fooled by him?

Besides, can a few ordinary All-Stars be able to maintain the current market? Impossible, have you forgotten the influence of old K here? "

At this time, the old Colangelo was also having breakfast with his family. The TV was not on. He was discussing the team with his son Colangelo.

"Brian, do you think I should sell the Suns, only a portion of the equity, or not at all?" he asked.

Little Colangelo thought about it and said: "Father, it is definitely not suitable to sell all of them. Now K is still in his prime. During his contract period, the Suns still have the strongest ability to impact the championship. , I even expect him to play a dynasty, so I don't recommend you sell all your equity."

Old Colangelo laughed and nodded: "That's what I think, and even if I can't win the championship in the next few seasons, I won't consider selling all the equity.

The Suns have two championships in hand. As long as the team maintains a certain level of competitiveness, our football market will not collapse. There is absolutely no motive to sell all the equity. "

Little Colangelo continued: "As for whether to sell part of the equity, father, it probably depends on how big the funding gap is on Cobra's side.

My suggestion is, father, it's better to get a part of the mortgage loan from the bank, even if it is mortgaged with the equity of the Suns and the family's real estate. "

Old Colangelo said: "I have now raised $35 million in funds, and there is still a shortfall of 30 million. Even if I sell all the shares of the Suns, it will not solve the problem of the funding gap, so this problem, we must find another way to solve it.

Or do as you say, we have no other way, I don't want to reduce our equity share in Cobra. "

Little Colangelo is also very helpless. The family's financial resources are limited. The Suns have not made any money in recent years. The operation has improved in recent years, but in order to compete for the championship, they invested a lot, especially the big contract of old K. Running the team is tough.

When their family invested in the Suns, they had a total investment quota of 44 million US dollars, but their family did not have a lot of money on hand, so they gathered a large group of partners, plus they had a total of twenty shareholders. Their family is the largest. shareholders, but only 20% of the shares.

And now the market value of the Suns is valued by the venture capital company as high as 80 million US dollars. Sold it, very cheap.

In other words, their Suns equity is now worth only $16 million, and selling them all is not enough.

He asked with great confusion: "In that case, father, why did you agree to negotiate with Savor's consortium?"

Old Colangelo laughed and said: "If Robert Savor's bid is reasonable and can reach my psychological price, I can consider selling part of the equity, such as about 5%. And some relatives also want to cash out for some reasons. "

"I see."

Little Colangelo nodded.

Their family owns 20% of the equity, but some of the shareholders are relatives of their family. These people have a total equity share of 38%. The reason why his father can control the Suns is because he has a total of 58% of the voting rights of the equity. .

"Father, what is the stake that the relative wants to sell? Will it affect our control of the Suns?" he asked.

"15%, plus I sell up to 5%, a total of 20%, I can still control 38% of the equity, there is no absolute control, the Savor consortium will become the second largest shareholder, but I believe it will not lose control. ." Old Colangelo said confidently.

"Father, must Cobra retain 51% of the equity? If it is reduced, our financial pressure will be much less." Little Colangelo said.

He knew that his father had reserved a 51% stake in the Cobra. According to the current investment quota of 130 million US dollars, their family would invest 66.3 million US dollars. Now they have only raised half of it, and they are still half way away, selling 5% of the Suns equity. , it is still more than 20 million yuan, and it cannot solve the big problem.

Old Colangelo shook his head and said, "I'm very optimistic about Cobra, and I don't want to reduce the share."

When he first invested in the Suns, firstly because of insufficient financial strength, and secondly because of risk sharing, so he did not take much equity.

But now I have experience investing in Cobra, and Phoenix now has a better sports atmosphere than it was at the time, and the sports investment environment is better. It is time to take more shares, but unfortunately the family is still not financially strong enough.

He added: "I still decided to sell 5% of the shares of the Suns, cash out a little, and invest in the Cobras."

Speaking of this, he said in high spirits: "I believe that the investment prospects of Cobra will be very good. Old K has shown me this. I hope that after the team is formed, it can recruit some stars to join and make achievements as soon as possible, so that the team's The market cap will rise rapidly, just like the Suns have been in recent years, and our return on investment will be faster.”

Little Colangelo nodded, sold part of the equity of the Suns, and invested in Cobras instead. This is not wrong, because in any case, investing in Cobras is equivalent to buying original stocks, which is equivalent to bottom-hunting, and the current market value of the Suns is equivalent to A mountain top, who can guarantee whether there is a higher mountain in front of it? So some cash out is necessary.

Old Colangelo said: "The Arizona Cobra will be established in the future, competing with the Suns and Arizona Cardinals in the sports market of the state, the four major commercial sports leagues, only ice hockey, I must build another ice hockey in my lifetime. team."

Little Colangelo said worriedly: "Father, Phoenix's spending power is limited and the market is not big. Have you considered this?"

The old Colangelo smiled: "The Cardinals are in Tucson, the Suns and Cobras are in Phoenix, and the hockey will be selected in other cities in the future, so that the burden can be shared. I believe that Arizona's economic capacity is able to withstand four of a business team.

And the consumption intention of fans is not single, some like basketball, some like ice hockey, some like baseball, some like rugby, we can actually create a larger comprehensive football market, not just limited to basketball Above, the pattern is bigger. Although the Suns' football market is limited, we will engage in cobras to tap the consumption potential of fans in disguise.

You have to know that besides sports, people have other kinds of consumption. We can completely transfer people's other consumption to sports, and this is the potential football market. "

"Understood, father." Little Colangelo nodded.

"It seems that the Lakers haven't given up on Old K."

Boston, Cardinal Auerbach also happened to see this interview program. After careful consideration, he picked up the phone and called out.

"Hello, Mr. Auerbach."

"Put the news out, I want this news to appear on the front pages of major media as soon as possible, even TV media." He said to the person on the other end of the phone.

"OK."

The man on the other end of the phone hung up immediately.

Pharaoh finished breakfast and went to the fighting hall with Lei Gong, Huang Sanshi, Barkley, and Cheng Long. There is no training today. The G2 match is No. 4. Tomorrow, the team will arrange training. Today, we can have a day off.

Dameng and Glider want to teach Dayao and Laohu, and they don't have time to play. Now their family members have taken it over. They eat and drink in the martial arts hall every day, so they have to work harder.

After practicing for a while, a few people went back to the living room to rest. Da Meng was lying on the sofa, looked at Lao Wang's villa, and said with disgust, "Old K is so stingy, I've been to Michael's villa, that's called luxury, garage. There are seven or eight, and more than a dozen bathrooms, ten times bigger than Old K's house."

The glider also looked at it, and suddenly got up and walked towards the stairs, saying, "Hakim, we have been here for several days, and we haven't visited much yet. Would you like to visit?"

"Broken house, what's there to visit?" Da Meng said in disgust, but he got up and went up the stairs.

Dayao and Lao Hu sat still, the latter said, "Dayao, how are you doing?"

"I have some experience." Dayao laughed.

"I also gained a bit, mainly from experience." Lao Hu laughed.

At this time, Da Meng visited a room, opened the door and looked, their eyes widened.

When the glider saw two MVP trophies, one FMVP trophy, two AMVP trophies, two replica championship trophies, a total of seven shining trophies placed on the wooden frame, he was very envious and said: "It turned out to be the old man. K's Room of Honor."

"it's here?"

Dai Meng's eyes wandered around the seven trophies, and was suddenly attracted by a series of baskets above.

He counted, and there were eight in total. They were hung on the wall just like the Olympic rings, hanging on a whole wall, very eye-catching.

"This bastard!"

Seeing these baskets, he immediately thought that there must be one of his.

The **** old K took away so many baskets, then engraved their names, and finally showed them off as some **** trophy and made them lose face, he always remembered this.

"Eight baskets? Haha!" The glider also noticed a bunch of baskets and couldn't help laughing.

"Smile!"

Da Meng cursed angrily.

The glider is not angry with the old classmate of Big Meng. He is still very sympathetic. When he was taken away by the old K, he must have been very depressed, right? Thinking of this, he laughed again.

"roll!"

Dameng pushed the glider, then walked to the wall and jumped up, taking down a basket hanging on the wall.

"Patrick Ewing?"

Seeing the name on this side, he scolded: "Damn old K, did he really engrave our name?"

"Haha..." The glider leaned against the door and laughed again.

glanced back, Da Meng took off continuously, took down the top baskets one by one, and found his basket when he got the fourth basket.

Sure enough, his name was engraved on it, Hakim Olajuwon.

This made him angry, slammed the basket on the wooden frame, and almost smashed an MVP trophy.

"Be careful, old man, you are going to smash old K's trophy, he can kill you." The glider reminded with a smile.

"Know."

Da Meng was not angry.

He looked at the other baskets, thought about it, and hung them up as they were, leaving only his own basket, then turned and walked towards the door.

The grinning glider did not make a sound, and let Da Meng take the basket out of the old K's honor room.

Dameng left the room of honor, went straight to his room, and stuffed the basket into the suitcase.

He wasn't afraid that Old K would find out that there were still seven baskets on it. Does Old K have nothing to count baskets all day long? Besides, what if you find it, this is called returning to the original owner.

The glider reminded: "Hakim, there's another Lakers basket there, won't you take it back?"

"I wasn't in the Lakers at that time, so what does that basket have to do with me?" Da Meng shook his head.

"Jordan's basket is also there, if you help him get it, he will be grateful to you." Glider laughed.

Da Meng's heart moved, it's true, but let's forget it, there are too few baskets, and it is easy for old K to find out.

Chapter end

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