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Mike Vorkunov

👤 Speaker
367 total appearances

Appearances Over Time

Podcast Appearances

The Athletic NBA Daily
Why the Clippers didn’t want Paul George | Celtics potential sale

And if you talk to people who are interested in investing in NBA teams and sports teams altogether, they think prices are going to keep going up, but maybe not like hockey stick prices. Up and to the right as it's been, but just maybe like a little bit slower. And so if you see some slower growth, what does that mean? The new media rights deal should really help.

The Athletic NBA Daily
Why the Clippers didn’t want Paul George | Celtics potential sale

And if you talk to people who are interested in investing in NBA teams and sports teams altogether, they think prices are going to keep going up, but maybe not like hockey stick prices. Up and to the right as it's been, but just maybe like a little bit slower. And so if you see some slower growth, what does that mean? The new media rights deal should really help.

The Athletic NBA Daily
Why the Clippers didn’t want Paul George | Celtics potential sale

And if you talk to people who are interested in investing in NBA teams and sports teams altogether, they think prices are going to keep going up, but maybe not like hockey stick prices. Up and to the right as it's been, but just maybe like a little bit slower. And so if you see some slower growth, what does that mean? The new media rights deal should really help.

The Athletic NBA Daily
Why the Clippers didn’t want Paul George | Celtics potential sale

But I think that's been baked into prices the last few years. People have been expecting it. Although, from what I understand, if I think it came in a little bit higher than maybe, you know, some people are expecting it. And the big question, really, and this goes back to what we were talking about with the tax rates and how much you want to pay for this.

The Athletic NBA Daily
Why the Clippers didn’t want Paul George | Celtics potential sale

But I think that's been baked into prices the last few years. People have been expecting it. Although, from what I understand, if I think it came in a little bit higher than maybe, you know, some people are expecting it. And the big question, really, and this goes back to what we were talking about with the tax rates and how much you want to pay for this.

The Athletic NBA Daily
Why the Clippers didn’t want Paul George | Celtics potential sale

But I think that's been baked into prices the last few years. People have been expecting it. Although, from what I understand, if I think it came in a little bit higher than maybe, you know, some people are expecting it. And the big question, really, and this goes back to what we were talking about with the tax rates and how much you want to pay for this.

The Athletic NBA Daily
Why the Clippers didn’t want Paul George | Celtics potential sale

If you are paying for a team to be really good and you're paying a lot. Right. That means you're over the first April and you're over the second April. That's around generally the point where it's actually maybe not even profitable to own a team anymore. Again, if you're losing a few mil and the valuation of your team goes up by like three billion dollars over the course of your ownership.

The Athletic NBA Daily
Why the Clippers didn’t want Paul George | Celtics potential sale

If you are paying for a team to be really good and you're paying a lot. Right. That means you're over the first April and you're over the second April. That's around generally the point where it's actually maybe not even profitable to own a team anymore. Again, if you're losing a few mil and the valuation of your team goes up by like three billion dollars over the course of your ownership.

The Athletic NBA Daily
Why the Clippers didn’t want Paul George | Celtics potential sale

If you are paying for a team to be really good and you're paying a lot. Right. That means you're over the first April and you're over the second April. That's around generally the point where it's actually maybe not even profitable to own a team anymore. Again, if you're losing a few mil and the valuation of your team goes up by like three billion dollars over the course of your ownership.

The Athletic NBA Daily
Why the Clippers didn’t want Paul George | Celtics potential sale

you know, small potatoes type of thing. But to some people that matters, right? And it gets into what and how you want to run your team. The Celtics and the Grasbeck family and this entire investor group bought them for $360 million 22 years ago. They're going to make, I don't know, 15, 18 times that, right? When they eventually sell, depending on where this all lands.

The Athletic NBA Daily
Why the Clippers didn’t want Paul George | Celtics potential sale

you know, small potatoes type of thing. But to some people that matters, right? And it gets into what and how you want to run your team. The Celtics and the Grasbeck family and this entire investor group bought them for $360 million 22 years ago. They're going to make, I don't know, 15, 18 times that, right? When they eventually sell, depending on where this all lands.

The Athletic NBA Daily
Why the Clippers didn’t want Paul George | Celtics potential sale

you know, small potatoes type of thing. But to some people that matters, right? And it gets into what and how you want to run your team. The Celtics and the Grasbeck family and this entire investor group bought them for $360 million 22 years ago. They're going to make, I don't know, 15, 18 times that, right? When they eventually sell, depending on where this all lands.

The Athletic NBA Daily
Why the Clippers didn’t want Paul George | Celtics potential sale

But they also, you know, they're in that place where they're paying so much into the luxury tax where they might not be able to turn a profit year after year, year over year, just like when you're taking all that into consideration.

The Athletic NBA Daily
Why the Clippers didn’t want Paul George | Celtics potential sale

But they also, you know, they're in that place where they're paying so much into the luxury tax where they might not be able to turn a profit year after year, year over year, just like when you're taking all that into consideration.

The Athletic NBA Daily
Why the Clippers didn’t want Paul George | Celtics potential sale

But they also, you know, they're in that place where they're paying so much into the luxury tax where they might not be able to turn a profit year after year, year over year, just like when you're taking all that into consideration.

The Athletic NBA Daily
Why the Clippers didn’t want Paul George | Celtics potential sale

I think you're going to have people begging to pay $150 a month for their old cable service. Like, it's going to be super annoying. You're going to have to have... You know, Amazon, you're going to have NBC, Peacock, ESPN, ABC, depending on the night of the week. Right.

The Athletic NBA Daily
Why the Clippers didn’t want Paul George | Celtics potential sale

I think you're going to have people begging to pay $150 a month for their old cable service. Like, it's going to be super annoying. You're going to have to have... You know, Amazon, you're going to have NBC, Peacock, ESPN, ABC, depending on the night of the week. Right.

The Athletic NBA Daily
Why the Clippers didn’t want Paul George | Celtics potential sale

I think you're going to have people begging to pay $150 a month for their old cable service. Like, it's going to be super annoying. You're going to have to have... You know, Amazon, you're going to have NBC, Peacock, ESPN, ABC, depending on the night of the week. Right.

The Athletic NBA Daily
Why the Clippers didn’t want Paul George | Celtics potential sale

Like League Pass, as you mentioned, you know, there will be more games on national TV, which will, you know, I guess help things in this in one sense. But also it just means you're going to have to subscribe to more different services to be able to watch those games. Right. And not to mention whatever happens with local TV, which at this point really is just super hard to predict.

The Athletic NBA Daily
Why the Clippers didn’t want Paul George | Celtics potential sale

Like League Pass, as you mentioned, you know, there will be more games on national TV, which will, you know, I guess help things in this in one sense. But also it just means you're going to have to subscribe to more different services to be able to watch those games. Right. And not to mention whatever happens with local TV, which at this point really is just super hard to predict.