1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

Real Billionaire Owners:Steve Ballmer in advanced negotiations to buy The Forum

Discussion in 'NBA Dish' started by tinman, Mar 2, 2020.

Page 2 of 3
  1. tinman

    tinman Contributing Member
    Supporting Member

    Joined:
    May 9, 1999
    Messages:
    97,954
    Likes Received:
    40,575
    Especially now that the clippers are a legit contender to the lakers

    Balmer has to rebrand this team as a team for the lower class and blue collar Los Angeles residents

    the Lakers is glitz and glamour
     
    #21 tinman, Mar 4, 2020
  2. hooroo

    hooroo Member

    Joined:
    Oct 16, 2003
    Messages:
    18,912
    Likes Received:
    1,504
    #22 hooroo, Mar 4, 2020
  3. J.R.

    J.R. Member

    Joined:
    Jun 30, 2008
    Messages:
    107,476
    Likes Received:
    156,303
     
    #23 J.R., Mar 24, 2020
    pippendagimp likes this.
  4. ThatboyPhuong

    ThatboyPhuong Member

    Joined:
    Feb 1, 2012
    Messages:
    2,849
    Likes Received:
    4,938
    Don't think pg and kawhi would like that move, they should have moved somewhere else in Cali.
     
    #24 ThatboyPhuong, Mar 24, 2020
  5. TilmanFinancialWindfall

    TilmanFinancialWindfall Member

    Joined:
    Jul 15, 2019
    Messages:
    1,395
    Likes Received:
    1,195
    daaaaaaaaaaaaaaaaaamn. BALLERmer is RICH $#$$$$ G DOLLA DOLLLA G Y'ALl

    CREAM IT!

    BALLERmer just paid $400 million for the FORUM with his F U MONEY.

    FORUM probably isn't even worth $50 million today, but BALLERmer just don't give a FUDGEEEE!
     
    #25 TilmanFinancialWindfall, Mar 24, 2020
    Clips/Roxfan likes this.
  6. TilmanFinancialWindfall

    TilmanFinancialWindfall Member

    Joined:
    Jul 15, 2019
    Messages:
    1,395
    Likes Received:
    1,195
    Twitter is blocked/disabled


    IS THIS NSFW like MURRAYMOREY THREAD???? My boyfriend thought I was gay and then he saw me watching MURRAYMOREY
     
    #26 TilmanFinancialWindfall, Mar 24, 2020
  7. Dr of Dunk

    Dr of Dunk Clutch Crew

    Joined:
    Aug 27, 1999
    Messages:
    45,180
    Likes Received:
    31,144
    Kinda funny that James Dolan/Madison Square Garden Co. owned The Forum. From what I'm reading, MSG bought The Forum in 2012 for $23.5 million. Not bad, Mr. Dolan, not bad ...
     
    #27 Dr of Dunk, Mar 24, 2020
  8. forchette49

    forchette49 Contributing Member

    Joined:
    Jun 7, 2003
    Messages:
    2,914
    Likes Received:
    1,458
    This, I think Seattle and Las Vegas get the next 2 teams, probably in the next 3-4 years. Any teams leases coming up soon? Orlando?
     
    #28 forchette49, Mar 24, 2020
  9. TilmanFinancialWindfall

    TilmanFinancialWindfall Member

    Joined:
    Jul 15, 2019
    Messages:
    1,395
    Likes Received:
    1,195
    Yea, DOLAN is a horrible owner as a Basketball team owner...but he sure made a HUGE AZZZ PROFIT selling to BALLERMER

    Turn $23 million into $400 million in only 8 years and this during the Greatest Drepression since 1929. We're talking about 30% unemployment in the USA. Not even the Great Depression ended up with 30% unemployment.

    But it does remind us of the Roaring 20 and the Great Gatsby....everything was booming and then BLAM! I sure hope we don't have another Hitler and WW3 to get the USA and the World 's economy back like it took WW2 to get us out of Hooverville





    "The owners of New York’s famed Madison Square Garden on Tuesday added the Los Angeles Lakers’ old stomping grounds, the Fabulous Forum, to its stable of entertainment properties in a $23.5 million deal."
     
    #29 TilmanFinancialWindfall, Mar 24, 2020
  10. J.R.

    J.R. Member

    Joined:
    Jun 30, 2008
    Messages:
    107,476
    Likes Received:
    156,303
    LOLOLOL No

    "Clippers owner Steve Ballmer will purchase the Forum for $400M in cash after reaching an agreement with MSG."
     
    #30 J.R., Mar 24, 2020
    tinman likes this.
  11. Nook

    Nook Member

    Joined:
    Jun 27, 2008
    Messages:
    54,172
    Likes Received:
    112,817
    Why would he go to Seattle? That is a terrible business move. The Clippers are worth twice as much in LA.
     
    #31 Nook, Mar 24, 2020
  12. TilmanFinancialWindfall

    TilmanFinancialWindfall Member

    Joined:
    Jul 15, 2019
    Messages:
    1,395
    Likes Received:
    1,195
    "
    The Forum was the previous home to the Lakers, where the club played from 1967-1999. The Lakers won five of the clubs’ 16 NBA championships in the 1980s while playing at the Forum before moving to the Staples Center in 1999. MSG purchased The Forum for $23.5 million in 2012.

    Ballmer, 64, purchased the Clippers in 2014 for a then record $2 billion. He’s currently ranked 19th on Forbes’ world billionaires list with an estimated worth of $41.2 billion

    Meanwhile, Tilman and the other mob guy that owns the Sixers/Devils, are ranked as #1 and #2 cheapest Billionaire sport team owners. They make their Sugar Baby pay for hotel rooms and Uber fares."

    https://www.cnbc.com/2020/03/24/los...e-ballmer-buys-the-forum-for-400-million.html
     
    #32 TilmanFinancialWindfall, Mar 24, 2020
  13. tinman

    tinman Contributing Member
    Supporting Member

    Joined:
    May 9, 1999
    Messages:
    97,954
    Likes Received:
    40,575
    $400M in cash
     
    #33 tinman, Mar 24, 2020
  14. TilmanFinancialWindfall

    TilmanFinancialWindfall Member

    Joined:
    Jul 15, 2019
    Messages:
    1,395
    Likes Received:
    1,195
    in CASH???? $$$$ G'Y"ALL.


    You mean...BALLERmer isn't going to leverage the purchase by using debt or "raising liquidity?"

    WOW....A real billionaire
     
    #34 TilmanFinancialWindfall, Mar 24, 2020
  15. tinman

    tinman Contributing Member
    Supporting Member

    Joined:
    May 9, 1999
    Messages:
    97,954
    Likes Received:
    40,575
    or threaten to move the team to Kentucky
    @Reeko
     
    #35 tinman, Mar 24, 2020
    htwnbandit likes this.
  16. tinman

    tinman Contributing Member
    Supporting Member

    Joined:
    May 9, 1999
    Messages:
    97,954
    Likes Received:
    40,575
    that's just the land.

    He's going to demolish it and build a new stadium, which is what? another 300 mill at least
     
    #36 tinman, Mar 25, 2020
  17. TilmanFinancialWindfall

    TilmanFinancialWindfall Member

    Joined:
    Jul 15, 2019
    Messages:
    1,395
    Likes Received:
    1,195
    Cost Warriors around $300 million to $500 millions in labor cost, supposely.

    Total cost to built was $1.3 to $1.4 Billions.

    Ballermer probably want to out do the Warriors and probably spend more than that. He hates the Warriors owners more than anyone else.

    He stole Jerry West from the Warriors and then ended up with KL and PG. This dude ain't fooling around\
    Meanwhile, Warriors have the worst team in the NBA!!!
     
    #37 TilmanFinancialWindfall, Mar 25, 2020
  18. tinman

    tinman Contributing Member
    Supporting Member

    Joined:
    May 9, 1999
    Messages:
    97,954
    Likes Received:
    40,575
    they are purposely tanking
    I won't be surprised if they get the #1 pick
     
    #38 tinman, Mar 25, 2020
  19. Clips/Roxfan

    Clips/Roxfan Member

    Joined:
    Jun 30, 2006
    Messages:
    1,718
    Likes Received:
    642
     
    #39 Clips/Roxfan, Mar 25, 2020
  20. ThatBoyNick

    ThatBoyNick Member

    Joined:
    Dec 8, 2011
    Messages:
    28,441
    Likes Received:
    43,633
    [​IMG]
     
    #40 ThatBoyNick, Mar 25, 2020
(You must log in or sign up to post here.)
Page 2 of 3

Share This Page

Toggle Width
Style
ClutchFans Original

  • About ClutchFans

    Since 1996, ClutchFans has been loud and proud covering the Houston Rockets, helping set an industry standard for team fan sites. The forums have been a home for Houston sports fans as well as basketball fanatics around the globe.

  • Rockets Content

  • Support ClutchFans!

    If you find that ClutchFans is a valuable resource for you, please consider becoming a Supporting Member. Supporting Members can upload photos and attachments directly to their posts, customize their user title and more. Gold Supporters see zero ads!


    Upgrade Now