NBA talking with potential buyers for Hornets

Yea, im sure they're r jus being flooded with offers, since they have managed 2 get a handle on this lockout...NOT!! LOL

This is the leverage the players need. They can just not agree to anything til the HoreNuts are sold. Then take the price it was sold for and compare to what it was sold for previously and that will show that all the owners are actually making money off of owing the teams.

The players should buy the hornets then they'd be on the inside

QUOTE(#3):

Originally posted 07:48 PM ET  10.17 by G-B

It shows how much teams are losing money because there has been a big amount of teams sold since 1999. Here are the teams that's been sold since the last CBA in 1999.Mavericks, Suns, Pistons, Nets, Wizards, Hornets, Sonics, Bobcats, Hawks, Warriors, and probably some more that I missed. That's a lot of teams sold compared to the pre-1999 CBA. Too many owners are losing money that's why they are selling their team. Grizzlies was also on the brink.

I assure you that the Pistons were not losing money bro. The only reason for the sell of the team was because the owner died and his wife wanted to sell so she could get the money. Until last year the Pistons were a very profitable team....now no one but me wants to see that load of crap we put on the floor on game night lol

There Is A Sucker Born Everyday, Bros.

QUOTE(#3):

Originally posted 07:48 PM ET  10.17 by G-B

It shows how much teams are losing money because there has been a big amount of teams sold since 1999. Here are the teams that's been sold since the last CBA in 1999.Mavericks, Suns, Pistons, Nets, Wizards, Hornets, Sonics, Bobcats, Hawks, Warriors, and probably some more that I missed. That's a lot of teams sold compared to the pre-1999 CBA. Too many owners are losing money that's why they are selling their team. Grizzlies was also on the brink.

Are they selling because they are losing money or because they've already turned a profit and are cashing out? Case in point, Red McCombs bought and sold both the San Antonio Spurs and Minnesota Vikings. In both cases, he made serious bank.

Newark Hornets -- Coming, Fall 2012

QUOTE(#7):

Originally posted 03:17 AM ET  10.18 by Mr.Jay

You actually bring up an interesting point.Any business transaction is a gamble - weighing risk and reward.Since we're in a lockout, potential buyers may get a good deal on the Hornets - because there's a lot of risk in buying an NBA team at this time. Once the lockout is over, and games are being played again, with revenue flowing in as before, the price will shoot up because there is no longer as much risk. A smart businessman will weigh the risks and may want to strike now, when the opportunity is best.

yea this would b a great investment, if only the employees weren't disgruntled....smh

QUOTE(#8):

Originally posted 09:05 AM ET  10.18 by Docmadinejad

Your argument makes no sense. At best all this shows is that some teams are mismanaged. In order for teams to be sold, someone has to buy. Nobody is buying something that they can't make money on.

exactly, and not 2 mention look at sum of those teams he listed...the Mavs r hardly on the brink of losing anything except their starting core and the Suns, well they already dodged a nice bullet, and his name is Amar'e. I mean come on, at leaset use the teams that r publically known 4 struggling, but tryna use the current CHAMPS is jus ridiculous.

Will Smith and a group of investors reportedly are buying the Philadelphia 76er's... are they all that stupid or what??? were the 76er's one of the few teams that were not losing money??? I dont think so??? so why the hell would anyone want into that mess???