guaranteeed
Pretty much a regular
Might want to check some facts larry
Donald Sterling: Dont bring people to my games!!!
- Thread starter Silkydiamonds
- Start date
- Status
hugh613
Pretty much a regular
That or him and Jordan must have cleaned up at the craps table during the Olympics...
CASH
Pretty much a regular
Look at what you wrote.... You said he doesn't have much money?????
guaranteeed
Pretty much a regular
Yes he only owns a part of the doyers
But magic Johnson enterprises as a whole is worth like 1b
The theatre's the restaurants
He owns like 250 Starbucks
But magic Johnson enterprises as a whole is worth like 1b
The theatre's the restaurants
He owns like 250 Starbucks
CASH
Pretty much a regular
Didn't think starbucks franchised their stores out
CASH
Pretty much a regular
He sold them for 75 million..
L
Lareux
Guest
In the grand scheme of sports ownerships, he doesn't. And that was also in reply to you (or someone) asking how he has enough money to be "buying sports teams." He's not buying the teams himself, or anywhere near that, as evidence by his 2.5% ownership in the Dodgers. He was a face more than anything.
I also said he doesn't have "that much money," and in this case "that" was the word I was using to say he doesn't have as much money as someone who can go around buying pro sports franchises on his own. I didn't say he doesn't have "much money."
guaranteeed
Pretty much a regular
They don't usually but magic convinced Howard Schultz to put them in more urban centers
I googled it and he sold them back 2 years ago
He sold Starbucks ownership...but has a boatload of a lot of other stuff
http://en.m.wikipedia.org/wiki/Magic_Johnson_Enterprises
http://en.m.wikipedia.org/wiki/Magic_Johnson_Enterprises
guaranteeed
Pretty much a regular
Would be deserved but won't happen
NBA can't have a 'we fired your racist owner but instead a are moving the team'
nbafan88
Pretty much a regular
Right now he is banned from all clippers facilities. Games practices, etc. He's basically banned from the nba. If he wants to go a kings game I don't think anyone will stop him.
L
Lareux
Guest
All I was saying. I wasn't saying Magic isn't wealthy or doesn't have money. I was talking more on the grand scale of everything involved with owning a sports franchise on your own, as opposed to within a group.
T
tipyerbartender1
Guest
So if this old kook completely fights it and attempts to attend a game, what happens? Security personnel allowed to physically prevent him?
Agreed
nbafan88
Pretty much a regular
Is what a big deal? The ban? Yeah it's a huge deal.
detroit187
Pretty much a regular
The NBA is a joke as a whole. If it folded tomorrow doubt many would care. Certainly nobody I associate with.
Blacks and whites are equally racist in general, the guy is a dirtbag like 99% of the owners and players. Only difference is they weren't set up by a whore and had their private convo recorded.
Love how he was all set to receive the NAACP award after worse comments years prior? How, why? Must have given them some chedda...
Now hopefully they get this crap off my tv, watching every media blowhard act like they are mr right for ratings and a popularity contest has made me queasy.
Dirtbags on Dirtbags on Dirtbags.
Blacks and whites are equally racist in general, the guy is a dirtbag like 99% of the owners and players. Only difference is they weren't set up by a whore and had their private convo recorded.
Love how he was all set to receive the NAACP award after worse comments years prior? How, why? Must have given them some chedda...
Now hopefully they get this crap off my tv, watching every media blowhard act like they are mr right for ratings and a popularity contest has made me queasy.
Dirtbags on Dirtbags on Dirtbags.
scdoggy
Moderator (Honorary)
No NBA. I don't think what this guy did was that big of a deal. His bitch illegally taped him saying racist shit. And everyone who watches the NBA apparently knew he was racist before this.
As I said, I think he's a loser. But what he said he my eyes is just stupid bigotry. Not sure there deserves to be any sort of ban for this.
As I said, I think he's a loser. But what he said he my eyes is just stupid bigotry. Not sure there deserves to be any sort of ban for this.
P-Unit
Beacon of Calmness
That's not the NBA's fault. That's the problem Sterling created for himself. He personally devalued the team with his comments. Sponsors have left, thus the lower valuation along with public perception...
P-Unit
Beacon of Calmness
Magic would be the face as he has deep-pocketed hedge fund guys wanting to buy pro sports teams in his group.
guaranteeed
Pretty much a regular
Also the sale is easy
You determine market value by a sealed auction
You determine market value by a sealed auction
KJ
Bump. Set. Shuma!
fallout has been huge from sponsors, fans and players, whether it's just a delayed reaction is irrelevant. Social media the way it is this had to be done or the brand is completely tarnished whether it was illegally recorded or not.
P-Unit
Beacon of Calmness
He's worth a lot, but he's not LIQUID. That's what matters - what you can outlay in cash or through debt service to buy out the current ownership group. Magic doesn't have the liquidity to be a majority owner, but he does have the wealth....
YoungGun11
Collaborating w/ Tip
I have followed it, and heard the tapes. Although I wouldn't condone them myself nor do I think they are wise, they simply aren't that bad. I think his requests not to bring them to the game arises more out of jealousy versus racism. HE is an older male who doesn't appreciate his hot younger COLORED gf to not flaunt these men around at games. His statements about paying them and giving them clothes, cars, and houses is all fact and has nothing to do with race.
This is a man who turned around the Clippers organization and spent millions on these players regardless of color or his personal opinion. Doc should remember there are plenty of great coaches out there who aren't black he could have opted to overpay. I just find this disturbing in todays society this can be so blown up. I mean for christ sake Obama is making comments about slavery at a internation convention. Sorry for blasting off, but earth to RETARD, you are black and you were voted our president. Lets not set ourselves back, but holy shit does the president need to comment on this while in China?
If he is banned for his comments using descriptive language (while being clearly set up) then RIley Cooper should be hung by the Black Panthers.
I should note I think he needs to be smarter and shouldn't have said it, but this is crazy the publicity.
This is a man who turned around the Clippers organization and spent millions on these players regardless of color or his personal opinion. Doc should remember there are plenty of great coaches out there who aren't black he could have opted to overpay. I just find this disturbing in todays society this can be so blown up. I mean for christ sake Obama is making comments about slavery at a internation convention. Sorry for blasting off, but earth to RETARD, you are black and you were voted our president. Lets not set ourselves back, but holy shit does the president need to comment on this while in China?
If he is banned for his comments using descriptive language (while being clearly set up) then RIley Cooper should be hung by the Black Panthers.
I should note I think he needs to be smarter and shouldn't have said it, but this is crazy the publicity.
nbafan88
Pretty much a regular
I get what you're saying. But it came out in the public and he acknowledged that it was his voice. The mans words were just downright disgusting. It came out and being in a position of his stature, Silver HAD to do what he did. There's way too much money involved and too many players/fans affected.
guaranteeed
Pretty much a regular
Check out the clippers website. Not sure who did this.
http://www.nba.com/clippers/one
http://www.nba.com/clippers/one
braves
Pretty much a regular
Not sure, but isn't half the team hers anyways by virtue of the length of their marriage
nbafan88
Pretty much a regular
He received the award because he donated money. Nothing else.
Your comments about the league itself are foolish. Any other league would do the same thing.
Good point and Silver stressed that this applied only to Sterling himself and not any family members
L
Lareux
Guest
Agreed, but none of that comes into play unless he is forced to sell the team. Again, I don't necessarily agree with it, but it's damn sure what the lawyers will be arguing.
D'Brickashaw @DragonflyJonez <small class="time" style="font-size: 13px; color: rgb(187, 187, 187);"> 26m</small>A dude couldnt keep the women in his life happy and now a professional sports franchise is gonna switch hands. Pussy is undefeated.
L
Lareux
Guest
Again, he doesn't have THAT much money, when we are comparing to those who can afford to buy a pro sports franchise on their own (which was my point, not that he wasn't rich). It was implied that he could buy up sports franchises, which is why I made the comment to begin with. We agree, the way the posts were written may have caused some confusion.
:shake:
L
Lareux
Guest
And that would definitely be fair market value (at the very least). Cuban will probably be the voice of reason in the upcoming owner's meeting on this topic. He knows they don't want to get an anti-trust lawsuit, so if he can somehow ensure that enough money is paid for the franchise, he (and the owners) can most likely avoid any potential lawsuits.
- Status
Similar threads
