Warriors sell for $450Million

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Warriors sell for $450Million

Postby cvilleagle on Thu Jul 15, 2010 2:38 pm

So...the blueprint for success is to buy a pro sports franchise, wait 15 years, during that time be one of the losingest franchises in the league, and then sell it for 4x what you paid. Pretty nice.

http://sports.espn.go.com/nba/news/story?id=5383261
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Re: Warriors sell for $450Million

Postby apbc12 on Thu Jul 15, 2010 3:31 pm

cvilleagle {l Wrote}:So...the blueprint for success is to buy a pro sports franchise, wait 15 years, during that time be one of the losingest franchises in the league, and then sell it for 4x what you paid. Pretty nice.

http://sports.espn.go.com/nba/news/story?id=5383261


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2. ?
3. Profit
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Re: Warriors sell for $450Million

Postby EagleDave on Fri Jul 16, 2010 2:01 pm

The Warriors have been so hideously mismanaged that people forget they're in a major TV market and have terrific fans. All you need is a competent owner and GM and that team is a cash cow. Sounds like they're on the right track...

*Disclosure* I'm a big Warriors fan from my youth in California...
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