Chapter 978 Buy the Clippers

Sterling bought the team because he was encouraged by his friend Bass. Bass is also the owner of the Los Angeles Lakers. The reason why the Clippers were able to relocate to Los Angeles was also a great help from Bass.

But the teams of the two are very different. Many Los Angeles fans never even watch the Clippers game. Sterling has long lost patience.

Moreover, the old labor-management agreement of the nba expires this year, and the new one has not yet been negotiated. If it is not done, it will be suspended, which means that it will lose money this year. He just waits for someone who takes advantage of him to show up and buy his team.

And today, he seems to have seen success.

This is the second richest man in the world, with so many assets, it doesn't matter if he is a prodigal, right?

Back then, he bought the team for 12.5 million US dollars, but now the team is worthless, except for the Bulls and New York Knicks, who are only valued at more than 100 million. His team record and With so much difference in popularity, it is difficult to sell at a high price, but with 70 million US dollars, there should be hope, right? After all, this team is also in Los Angeles.

"Hello, Mr. Feng, I didn't expect to have the honor to sit and eat with you."

Sterling's gesture stunned Donald for a moment. When did this guy become so polite?

"Hi, nice to meet you. Donald should have told you why I came here, are you interested in selling the Clippers?" Feng Yu asked directly.

"Of course I'm interested, otherwise I wouldn't come. To be honest, I'm still a little reluctant. After all, this is Los Angeles, and there are too many basketball fans here."

Feng Yu curled his lips, don't talk nonsense, there are indeed many basketball fans in Los Angeles, but they are all from the Lakers, okay? The Lakers have so much glorious history, even now, they are still a strong team. What is the history of the Clippers? The team is at the bottom of tm this year, and there are still fans willing to watch?

"It's good if you are interested. I understand that this team belongs to you alone, so as long as you agree, it's fine. How much do you plan to sell?"

"How about ninety million dollars?" Sterling tentatively asked.

Before Feng Yu could speak, Trump sneered and said, "Sterling, don't be kidding. Last year, nearly one-third of the shares of the New York Knicks were only sold for 30 million US dollars. Look at your team for 50 million US dollars. See how many people are interested?"

"Trump, you can't say that. Ten years ago, I spent 12.5 million US dollars to buy the team. Now, how many times it is not too much? Tickets have increased so much Well, there are more fans." Sterling argued.

"If it's the Lakers, don't say $90 million, $100 million is worth it, but for the Clippers, $50 million is reasonable to me. The team has no glorious history, no famous All-Stars, and even die-hard fans. There are no fans. What's more, sometimes, the value cannot be measured by converting the original price into the current price. Feng is also the owner of the Empire State Building. How many years has the Empire State Building been? Even the original price has fallen below the construction price. The team It’s normal for the value to drop, right? What’s more, 50 million US dollars is not a lot.”

"No, no, that's a building. As the age grows, more and more investment is required, and the value will naturally drop, but now it has been renovated, hasn't it also risen? The team is even more different, ours The team is trying to get better, if it weren't for the injuries this year, it wouldn't be so bad."

"Really? But even if you made it to the playoffs that year, you didn't sell many tickets, did you? You don't have any stars at all, and you don't have a record yet. How can you attract fans?"

"But this year we may get the No. 1 lottery. We just need to choose a future superstar. I think the big black man is good." Sterling argued.

Feng Yu's eyes widened. This is the joke of the Clippers back then. They chose someone who was also named Michael, but his surname was Olowokandi. In the end, it was proved that he was the top pick of the parallel importer who could not be more watery. Signing is not necessarily worth it!

Originally, Sterling thought that this big man could become Mutombo at worst, maybe an Olajuwon!

"first,

You haven't won the No. 1 lottery, and secondly, even if you get the No. 1 pick, you may not be able to play at a level. You use a future that you don't know whether it will be successful, and ask us for a higher price? Don't you think you're joking? "Trump said disdainfully.

Feng Yu likes Trump so much, this guy is very interesting, and he must have read a lot of information before, otherwise he wouldn't be able to speak clearly. This negotiation was so powerful that Sterling was almost speechless!

Sterling was helpless, and only then did he realize that Trump was here to help Feng Yu lower the price. In fact, what Trump said is very reasonable. If the Clippers sell for 50 million US dollars at this time, there are really few people who are interested. It must lose money if it operates normally. No one wants to lose money, right?

"Then how much money do you think is appropriate?" Sterling asked angrily.

"I think $50 million is good. The price is reasonable. You sell the team and invest in the real estate you are most familiar with. You can earn much more than this."

"Are you kidding me? I bought it for $12.5 million, and the Houston Rockets sold it for $85 million a few years ago. It's absolutely impossible for me to sell it at a loss. Seventy-five thousand dollars One million, this price is very reasonable, this is Los Angeles after all! And I can guarantee that the team will definitely win the No. 1 pick this year!"

The league seems to be fair, but in fact, there are secret operations. Besides, if a bad team does not have a star to stimulate it, when will it turn around? That will affect the image of the entire league!

"Houston was because of Olajuwon back then. Is the attendance rate comparable to the Clippers? What if the NBA is suspended next year? We will lose money, or even a lot. Needless to say, the words that fooled others , we will never offer such a high price, 55 million, this price is already very high, so don’t open your mouth.” ⑧☆miào⑧☆bi(.*)gé⑧☆.$.

While in the car, Trump asked Feng Yu about his psychological price. He didn't expect Feng Yu to say that 100 million dollars would be acceptable.

Of course, if it is less than 100 million US dollars, he can get 10% of the difference as a commission, so he desperately lowers the price.

The two Trumps argued for a long time, and Feng Yu made a final decision: "70 million U.S. dollars, I will bid once, you agree, then it's settled, if you don't agree, I will buy other teams, it may be cheaper maybe."

Sterling made a look of embarrassment, but in fact he was already happy. Seventy million dollars can buy a very good team. If the Clippers were not in Los Angeles, they might not be able to sell for fifty million dollars.

"Okay, Feng, I agree. We can sign an agreement first, and I will report it to the alliance. After approval, the transaction will be formalized."

Feng Yu stretched out his hand, and Ralph handed over an agreement with the price filled in. Feng Yu signed his name, and then handed it to Sterling: "After you sign it, give me the contract."

...