Saturday, November 03, 2007

Buy an NBA Team for $350 Mill

For a cool 350 million dollars you could be the proud owner of the Orlando Magic. It seems a bit cheap if you think about it, adding up the ticket sales, merchandising and salaries of all their players, staff, dancers, employees and executives.

Sports Business Radio has an August 2006 article which lists 5 teams out you can buy each for under 350 million. They include the Portland Trailblazers, Orlando Magic, Milwaukee Bucks, Philadelphia 76ers and Memphis Grizzlies. Not too bad at all. Particularly appealing, and probably now selling for a much higher price, are the Trailblazers with future prodigy, Greg Oden, considered a franchise/cornerstone player.

In related news a website called Make Money with Super Affiliate Zac Johnson discusses how a woman sold the rights to the internet domain name "" to the Bobcats for $50,000 which just might be nice for most of us, but could have been a bargain sale for the Bobcats.

Labels: , , , , , , ,

Subscribe to Love & Basketball Blog

Get Email Updates from this Blog:

Enter your email address:

Delivered by FeedBurner

Share and Bookmark
Add to Google
Subscribe in NewsGator Online
Add to My AOL


Post a Comment

<< Home