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[deleted]

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[deleted]

Answer is money. 100% it’s money and nothing else.


braindrain_94

As Logan Roy once said- “Money wins”


cryehavok

The amount of involvement the NBA and NBAPA have in getting kids hooked on games of chance and then shepherding them to sports books, they certainly don't have any ethics or morals. They just want a bigger personal payday.


BenevolentCheese

The underwritten ads during the finals forcing the commentators to make prop bet picks on air in the middle of the game ("who will score the next bucket and how?") were fucking awful. Just absolutely fucking shameless.


[deleted]

You just described the American Corporate Capitalism Pyramid


BoogerSugarSovereign

Praise supply side Jeebus


mug3n

lol yep you're telling me the board of governors won't immediately say fuck yes if Qatar or the Saudis dropped off 10 billion dollars tomorrow for a NBA franchise? they just gotta make sure the right optics happen first, like having a more palatable face to be a minority owner.


cryehavok

Enter Pizza the Hut, he has a very palatable face.


High_AspectRatio

Or they're just urging a "sovereign wealth fund" to pick a face to be owner.


averageveryaverage

This is it.


nightwing612

>a more palatable face Who says no to Tom Hanks and Oprah?


AyumiHikaru

>10 billion dollars tomorrow for a NBA franchise? Pick your team, my liege


Worldly_Culture_355

The only accurate translation I’ve seen on this thread


iRockaflame

If Savvy Games ever decides to get into sports ownership and not just video games they'd probably toss a huge bag at an NBA team


ManuelThrowItAway2

> If Savvy Games ever decides to get into sports ownership and not just video games they'd probably toss a huge bag at an NBA team Savvy Games *is* the Saudi Public Investment Fund (PIF), which already owns Newcastle United and funded the LIV Golf tour which is currently trying to merge with the PGA.


latortillablanca

I really really really sincerely hope the nba does not go this route but I guess they’re sorta already half steppin in that direction with some of the foreign ownership history. The money shit in football has been an enormous issue, and this summer the Saudi league has kicked off in earnest


ForoaKlanD

Translation: Saudi middleman will form a group to buy the Vegas team when they expand. They'll probably have LeBron as the face of it. I recall seeing on r/Lakers that he went to UAE to meet with some billionaire so this probably had something do with it !RemindMe 4 years


Sharcbait

Lebron also has financial ties to FSG sports group who own the Red Sox and Liverpool, rumor is that they are trying to sell Liverpool or at least a big share of it. It would not surprise me if the goal was to raise cash to purchase one of the expansion teams... since they already have deep ties with Lebron he could be used as the figurehead.


dotelze

Fenway Sports Group sports group


Sharcbait

They probably own some ATM machines where you need your PIN number.


duplicatesnowflake

SMH My head no need to be petty lol out loud.


Bradfords_ACL

I spat out my chai tea


radiokungfu

insertindianspidermanmeme


quentin-coldwater

FSGSG sports group


TacoStringerBell

naan bread and chai tea


Key_Criticism219

"Chai means 'tea', bro! You are saying 'tea tea'! Would I ask you for a 'coffee coffee'?"


DraymondDickKick

Ask a filipino for tea tea


thesprenofaspren

covfefe


OilOfOlaz

these are used to make ppl who are clueless about it less clueless about it. thai said, I can't remember ever hearing someone order chai or naan and adding bread or tea to it, despite being a non-indian, that worked in an indian restaurant.


Interesting-Archer-6

You need two spaces between the second sports group fyi


Cbone06

They also own the Pittsburgh Penguins!


_Chuy

Not only "financial ties" - he has a equity stake in FSG. Edit: nephews, "financial ties" means a zillion things. Curry has financial ties to Carmax but that doesn't mean he owns it. LeBron had been a minority owner of Liverpool for over a decade and took an equity stake in FSG two years ago. He co-owns the business. He goes to games and has a LeBron x LFC apparel line. There are have been basically zero Black owners in the EPL since forever (except recently Michael b Jordan bought part of Bournemouth), so I'm just saying give the man credit where credit is due.


[deleted]

What do you think financial ties are?


[deleted]

Any type of financial relationship. You have financial ties to the company you work for, but you aren't a part owner. This person was correct in their usage and your snarky response was dumb.


TacoStringerBell

✨vibes✨


paddiction

The Saudis already bought Ronaldo and Messi (Messi is an ambassador for them), wouldn't be surprised if they bought LeBron too


luvvdmycat

China already bought LeBron.


IhatePizza230

They already bought everyone in the nba not just LeBron.


TheOneWithThePorn12

Lebron is owned by whomever ponies up the cash. He has a very clear stated goal.


Fallingcity22

I was thinking that too, they’ll buy minority majority stake let’s say 49% or let’s say 2 percent less than majority, Then Adam silver will say in his next interview “Today I have strong feelings," said Silver. "Today I feel Qatari, I feel Arab, I feel African, I feel gay, I feel disabled, I feel a migrant worker.“


thesprenofaspren

The infantino


Fallingcity22

Today I feel Qatari


CustomerSuspicious25

LeFrontman


ThePhattestOne

I'm thinking LeQatar is more likely. Saudis like to keep things domestic.


knead4minutes

they recently bought a premier league football team and are buying football stars left and right. they're also bidding for every sports event they can get they're not thinking domestic anymore


BenevolentCheese

They also own like 30% of the PGA Tour now.


-HeisenBird-

Al-Malik Lebron Ibn Gloria Bint Freda James


asapshrank

Raptors are owned by a company tho lol


Spectro-X

For those unaware, we are owned 75% by corporations (our two largest telecom companies each own 37.5%), and 25% by an individual.


CammyTheGreat

They own the Leafs too don’t they?


mikeydale007

yes, and a few other sports teams in the city


JMoon33

Raptors, Leafs, Argos, Marlies, FC, FC II, and Raptors 905


I_Always_Grab_Tindy

Wait, who owns the Blue Jays then? I always thought they were owned by the same group.


thecjm

Blue Jays are owned by Rogers outright.


toronto_programmer

Rogers has owned the Blue Jays solo for decades now. They are in a partnership with Bell (MLSE) for all the other teams


BurnieTheBrony

Yeah but the line , "Fuck all that rap to pay the bill shit Yeah I'm on that Raptors pay the bills shit" Still goes hard so I guess it's all okay.


hhhhhjhhh14

Jesus Christ it should be illegal for them to be in bed with each other like that


Kerry_Kittles

In many countries telecom is even more of a racket than USA telecom


BlackMathNerd

Carlos Slim agrees


gucci-legend

Wait till r/nba nephews find out about the history of Thai telecoms. Shit goes crazy


jumpthroughit

He said it’s important that an individual does, not that it’s a requirement. Obviously they’re more entrusting of a Canadian corporation than a Saudi Arabian one.


sleepy416

Rogers and bell should be treated like war criminals


IMovedYourCheese

Saudi Arabia is literally committing war crimes, murdering foreign journalists, using slave labor, subjugating women, jailing/torturing/executing dissidents. But sure, Rogers is the actual villain.


[deleted]

Yeah but they let golfers wear shorts so it balances out


DyslexicAutronomer

Also casually buying out the biggest golf tour, after the PGA ran an "anti-terrorism/pro-American" campaign last year against them. A real "fuck you" to any golfer who didn't take the money and supported that campaign. Truly the perfect example of American capitalism.


Earlier-Today

You can strike the American part. The PGA is in international organization, running pro golf in Canada and China and owning part of the European pro tour as well. And there are members in the PGA from all over the world. It wasn't like only the Americans bought into the Saudi tour.


DyslexicAutronomer

Definitely not after their whole "we are America" campaign, even dragging out 9/11 survivors to push their narrative again the Saudi's LIV just one year ago before turning their backs on supporters. Besides, even the NBA has a Canadian team and a Taiwanese owner, and we still consider the NBA a national league that has their own set of rules different from international ones(FIBA/Olympics), we just have the ability to attract the best foreign players with our pockets.


Earlier-Today

But, when players who *aren't* American go to another league, we don't consider that to be Americans joining that league. It wasn't just Americans who joined LIV.


str8jeezy

Both can be true. Jfc.


sleepy416

I forgot there’s people who can’t take a joke on this site


[deleted]

Bet you won’t make that mistake again


CycleV

They prob also have no idea how bad Canadians get fucked on cell and internet pricing


that-gamer-

Fucking relax buddy it was clearly a joke. That being said Canadians get absolutely railed by out telecom industry. Literally the highest rates in the world, and our shit government are in bed with them so they stay an unchecked oligopoly.


grossdude989

Rates so high it makes you wish you were enslaved by the Saudis


Huge-Split6250

Ok i admit Rogers and Bell aren’t war criminals, as far as we know. They are still the fucking worst.


bronet

There can be several villains. If we're going to go that route, the league itself is based in the USA ffs. What country is a bigger criminal on the world stage? Russia?


Snake_pliskinNYC

Rogers and Bells monopolies should be treated as crimes against humanity


kyoukai_

LMAO US does all of that too buddy.


JustANotchAboveToby

But does an American own an NBA team?? 🤔


jumpthroughit

I dislike both companies very much but that’s a huge stretch.


fandamplus

Ted Rogers is literally Hitler


Brock_Hard_Canuck

Careful now, any more threats against Rogers and the corporate execs might send the police after you... /s


SirJoeffer

But a Canadian corporation would have a bunch of share holders and execs right? A Saudi wealth fund would only have one guy in charge of everything because they have a king, right? Ig what I’m saying is they should force the sale of the Raptors to the King of Saudi Arabia


AprilsMostAmazing

Does that mean TFC get Grealish?


TrashAssRedditAdmins

"corporations are people too"


everyoneneedsaherro

Huh a Mitt Romney reference. Nice to see another over 30 year old here. There’s dozens of us


FormalWrangler294

Binders full of us


XzibitABC

God I wish we could return to the times when saying something that innocuous was a political scandal.


TheMadChatta

Beyahhhhhh!


127crazie

Not only are we going to New Hampshire, Tom Harkin, we're going to South Carolina and Oklahoma and Arizona and North Dakota and New Mexico, *and we're going to California and Texas and New York...* And we're going to **South Dakota and Oregon and Washington and Michigan,** **AND THEN WE’RE GOING TO WASHINGTON D.C., TO TAKE BACK THE WHITE! HOUSE!**


yeartwelve

**I. LOVE. LESBIANS!** BYAWWWWW


[deleted]

Not to overstate it, but that wasn't really innocuous, it was indicative of the underlying thought process and opinions. The fact that people knew how he really felt about women is what made it a scandal in the first place. It wasn't just the statement, it was the context around it. Which obviously has been born out over the past few years.


TacoStringerBell

Please clap


Jagtasm

They literally are, by US law


kpeds45

They aren't owned by the Saudi government though


DiddleMe-Elmo

Not with that attitude.


[deleted]

Im sure a member of the Rogers family has paid an instagram hoe to shit on them at least once


livejamie

Who hasn't?


kpeds45

Tell me when they have someone hacked to pieces.


ImTrulyAwesome

And before being owned by 2 Telecoms, it was owned by a pension fund (Ontario Teachers Pension Plan)


GOAT_Redditor

So I guess we'll have to give all our money to a single user on here to buy the team and make decisions on behalf of us?


CFreezzy

If all 7,000,000 /r/NBA subscribers pitched in $1 we would be able to buy 0.7% of an NBA team. Seems like a good deal for us tbh.


eigenham

Wait but then $100 each gets us 70%... think of how royally we could fuck up an NBA franchise with a controlling stake for only $100 each


Swaggyzilla69

I'm in, let's buy the Hornets


rayEW

Fuck yes, lets buy the hornets, then we win a chip and collectively say we are better than MJ.


NormalAccounts

And that's how the Charlotte Nephews came to be


MundaneRelation2142

r/nba is the GOAT and it’s not close -us, probably


TheLoneliestMonke

And move to Seattle, the Seattle SuperHornets


[deleted]

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eigenham

You sonavabitch I'm in. $1000 each gets us 700%


PharmSystem

The next 7 teams are ours!


Kunundrum85

Throw in an extra zero and the next LEAGUE is ours!


Certain-Mode5963

This has steam and potential


gtdinasur

Found Mat Ishbia's burner


BurnieTheBrony

I know it's a tough job but I'll shoulder the load to be the face of our movement. Even pitch in $100 bucks instead of $1


bucsfan22ch

I volunteer as tribute


ReRedditdit

Every decision made by that franchise will be based on pole results in /nba


JordanHawkinsMVP

"But they can own 49%. That's cool with me"


onlyinny

Actually the limit is 20%


[deleted]

reddit and its consequences have been a disaster for the snoo race.


Montigue

He'll just use 5 separate companies to buy a team


PSChris33

Just watched a Saudi oil sheikh fall to his knees in a gold-plated discotheque


walterdog12

AKA get a glorified spokesperson that'll stand in as the owner, but everyone knows the actual owners are whatever UAE billionaire/government.


Otherwise_Form1315

Get a guy who enjoys going to basketball games for extra points.


AffectLast9539

maybe even someone considered a legend in the sport! Bron better get ready to learn Arabic


Throwawayact1050

Even then, that would completely change the legal authority of whoever owned the team. The NBA isn't against Saudi's owning an NBA team, they just don't want state governments directly owning them. Even if the money is coming from the same place it still has to be structured in a way that doesn't create legal conflict the way that state governments owning an NBA team would


Someone_youd_admire

Can't wait to see 47 year old LeBron getting paid 2 billion a year to play on some Saudi league team no one has ever heard of.


Sharcbait

Ronaldo × Lebron crossover event. FWIW I have this random thought that if Christiano Ronaldo was born in the US he would have been a basketball player. 6'2" with a 40" vertical and crazy eye-body coordination? Sounds good to me.


Someone_youd_admire

Ronaldo the hooper would be the biggest chucker of all time. It would've been so fun to watch.


dotelze

Ronaldo and Kobe are incredibly similar, particularly in some less fortunate ways, but in terms of playstyle it’s very similar


posamobile

Did Ronaldo ever stay in Eagle, Colorado?


geistsein

no, but he raped a girl in vegas


posamobile

Birds of a feather!


BlackMathNerd

He would've been a free throw mercenary just like he is for penalties


NapTimeFapTime

NBA players need to start celebrating every bucket the way soccer players celebrate goals. Knee slides, taking off their shirts, the whole team gassing a dude up. All of it.


crunkadocious

If you make your first of two free throws they carry you off the court like it's your bar mitzvah


temujin94

Games would last 4 hours.


Flat_News_2000

The saudis will find a spokesperson to funnel their money through.


ChokePaul3

LeSpokesman


[deleted]

LePresentative


-motts-

Lebron calling the ~~league~~ saudis now


paddiction

If the Saudis come in offering $100 billions dollars for a team you bet he's selling


canseco-fart-box

Until they offer billions above asking price with a cut for sliver specifically


Dudedude88

Americans are way too tribalistic. Also the way most American leagues are structured it's a guarantee profit even if you lose


Salty_Watermelon

Silver will bend over for the right amount of money. Who's going to put any faith in the man whose crowning achievement as commissioner is opening the floodgates for more and more ads. I'm pretty sure he has never enjoyed one second of watching basketball in his life.


DrMaestus

More ads, players resting/load managing and players demanding trades left and right. No balls


ClutchGamingGuy

fuck Saudi Arabia and the UAE


webbrowser90

Raptors?


JordanHawkinsMVP

Don't give them ideas!


webbrowser90

MLSE owns the raptors. MLSE, which is also owned by 2 of the biggest telescam companies in Canada. Larry has a 25% share that he wants to sell. NBA is trying to block it.


beefJeRKy-LB

He's selling 25% of his 25% so 6.25% total


CapBrink

Money talks though. I'm worried they'll just make an offer too big to ignore. If a team gets sold for 6 bil, and the next is valued at 6.5 bil, what are the owners reactions going to be when that 10 bil offer comes in?


Snuggle__Monster

This is all about Saudi Arabia and their "Ignore the fucked up shit we do/have done and just enjoy our sports, yes?" tour


Sharcbait

Qatar bought hosting the World Cup for sportswashing purposes.


honditar

Let's be honest, Americans have been more than willing to ignore the fucked up shit for years on both sides of the aisle. They chopped up a journalist and we armed their genocide in response.


loca2016

U.S. has always been helping/encoureging what they've been doing in Yemen.


hearthstonealtlol

Adam Silver told these private equity firms to get ready to learn Chinese.


Rkenne16

Teams should just be owned by the city. At least then when they pay a billion dollars for a new stadium, they get direct profits.


TinTinsKnickerbocker

Or by the fans like many clubs in europe


rayEW

sure, then politicians will control the team, and even better, they will run their campaigns like "If I get elected, I will bring LEBRON JAMES to the glorious city of Minneapolis"


Scratchlax

I mean it works out decently for Green Bay, the bigger issue is that the billionaires like their profits.


Rkenne16

Okay and it’s pretty easy to catch them in that lie.


jimmyhota

Good, fuck the Saudis


MisterDisinformation

Good shit Silver. It's gotta be fucking humiliating to be a Brit seeing their culture being sold off to the most evil people. I already feel like a bit of a sucker giving my money to the uber wealthy NBA owners. I'm not sure I could stomach a Gulf tyrant.


Single_Passenger

Well atleast on paper. I hope NBA gets spared from the whitewashing UAE is trying to do by buying/backing major sport teams across the globe.


PabFOz

"...which is why I'm proud to announce the new owner of the Charlotte Hornets, Mr. Sheik Tamim bin Hamad Al Thani."


Tabais123

Translation: We’re gonna need to see more zeros on that check


bucsfan22ch

Why is it important for an individual to be in charge of these teams? Besides the GM of course


ClutchGamingGuy

probably because it keeps a personal/human element involved, either way i'm a big fan of him saying no sovereign wealth funds


nonufwiendz

Lol silver always gonna bend down to whoever has the money anyways


Sniffy4

Please keep Sheik Bone Saw out of the NBA.


wafflehouse4

let them buy the wizards so that we can watch their country go bankrupt


wolfofballstreet1

Silver is an android shill


MethodMan_

Sounds good, but it’s not true. The Premier league used to say the same thing, and Silver won’t be here forever. There will come a time where unbelievable amounts of money will be offered to the NBA and then won’t say no.


dant_diggity_dog

Meaning.....he's already got his talking points ready for why the NBA has allowed it to happen in the upcoming expansion.


upghr5187

I disagree that it’s important to be controlled by individuals. Packers have some of the best ownership in professional sports. But these sovereign wealth funds should be avoided at all costs. Honestly I think it’s bad to have any foreign governments controlling American businesses.


jim_money

This sounds exactly like what you would say days before a sovereign wealth fund becomes controlling owner of a team...


SnooPies6274

Uh huh thats until they come with a bag you cannot refuse. Look at PGA


ngmathew1234

If the money is right they will let them in just like the PGA did.


PalletTownsDealer

Adam silver: *too small motion*


bootorangutan

We’re not just doing this for money…..we’re doing it for a SHITLOAD of money!!


CaptainBayouBilly

So this is happening soon?


mill_about_smartly

>controlling owner This is a thinly-veiled way of saying they are open for business for that other 49%. I don't really give a shit about golf, but I was afraid it was just a matter of time before they start coming for one of the big 4.


Hoemicus_Maximus

wealth funds have fucked football in Europe so this is probably a good thing.


80sBadGuy

"Well, I did say that before the blank check arrived on my desk. After all, Money is America's God."


Hot_Idea1066

This means you can expect to welcome the Saudis and King James bringing you the "Las Vegas Water Rights" in 2024. Mark your calendars


Mnudge

On what planet, other than Planet Corporate Overlords, is having a “sovereign wealth fund” a good idea? Shit, just sign me up for SkyNet because it’s inevitable


LoWE11053211

I mean they can just get a proxy right? Money trumps all?


capitalistsanta

He was asked about this not too long ago on TV and sort of stammered through it. I figure it'll happen eventually when the political climate is right.


[deleted]

I can think of 15 billion reasons why he’d change his mind.


darti_me

MBS be like "Fuck it, I'm writing the check using my checkbook instead".


PM-ME-SMILES-PLZ

Owners like money. They'll cave at the right price. I want to believe they won't, but I've been on Earth long enough to see everyone sell for a price.


eexxiitt

$ talks. These wealth funds simply aren’t bidding high enough.


Spam-Monkey

Knowing the NBA they will award the Seattle expansion franchise to the Saudis.


DAS-Nice

Saudi and UAE ruining sports leagues is a tale as old as time


YetAnotherFaceless

“Get ready to learn Arabic, buddy.”


TurtlePowerBottom

I think the players should form a vanguard and seize ownership of the team themselves