Charles Fischer Administrator No. 1 Share Posted June 3, 2022 Canzano: Questions and answers about Phil Knight's pursuit of the Trail Blazers WWW.JOHNCANZANO.COM $2 billion-plus offer on the table. Mr. FishDuck Link to post Share on other sites More sharing options...
30Duck No. 2 Share Posted June 3, 2022 Insiders tell me that if Phil Knight really wants the Trail Blazers he’s likely to get them. NBA Commissioner Adam Silver played it straight on Thursday. He confirmed that the Trail Blazers will eventually have to be sold and the Paul G. Allen Trust liquidated. This flies in the face of the Blazers’ claims that they’re not for sale. Link to post Share on other sites More sharing options...
Charles Fischer Author Administrator No. 3 Share Posted June 3, 2022 I think this is “bargaining” blather, as you have to appear uninterested to leverage a higher price. It is smart to try to offset the “must-sell” leverage against you to get a better price. It is just posturing… Mr. FishDuck Link to post Share on other sites More sharing options...
ICamel No. 4 Share Posted June 3, 2022 I'm sure PK knows what the right price is for Trailblazers. Just the opening bid so far. Also testing the water for other competitive bidders. Link to post Share on other sites More sharing options...
Vandownbytheriverduck No. 5 Share Posted June 5, 2022 (edited) If history is any metric, the blazers will screw it up. Phil Knight might just turn it around. Edited June 5, 2022 by Vandownbytheriverduck Better word choice. Link to post Share on other sites More sharing options...
1Ducker1 No. 6 Share Posted June 5, 2022 I read a few years back that the Blazers were worth about 2. 5 billion, so Im thinking the offer will now have to be in the 3 bil range. Link to post Share on other sites More sharing options...
30Duck No. 7 Share Posted June 5, 2022 On 6/5/2022 at 9:53 AM, 1Ducker1 said: so Im thinking the offer will now have to be in the 3 bil range. Very likely. The current owners now need to make sure it looks like they are selling the Trail Blazers, not that Phil just came in and grabbed them. Link to post Share on other sites More sharing options...
Haywarduck Moderator No. 8 Share Posted June 5, 2022 What we are seeing is how shrewd money does a deal. Compare that to how Ballmer bought the clippers and you can see the difference between how smart money is used and those who really don't care. I realize the Clippers are now worth more than he paid, but he overpaid. Ballmer's wife on the other hand, is a savvy lady! I won't go into their home states, but it is telling. The Clippers Are Worth Nowhere Near What Ballmer Is Paying TIME.COM A sports economist crunches the numbers on how much the basketball team is worth, and says the former Microsoft CEO has no reason to bet the Los Angeles team will ever be worth $2 billion Link to post Share on other sites More sharing options...
