What to Watch For – Game 17
By Marcus Thompson
Wednesday, January 25th, 2012 at 5:34 pm in Uncategorized.
Here’s something to watch for tonight: Joe Lacob and Peter Guber dancing on the sidelines.
Not because of a Warriors’ victory, but because their investment in the Warriors is turning out pretty good. Forbes put the Warriors’ current value at $450 million, which makes Golden State the eighth-best value in the franchise. That’s got to be good news since they’re only about a year and a half in and haven’t yet executed most of their plans for increasing the franchise value (including a new stadium).
In the 2011 list, Golden State was No. 12 at $363 million – behind the likes of Toronto
Of course, in the past, I’ve heard Warriors’ executives (ex-team president Robert Rowell) rip the Forbes valuations as inaccurate.
Below are the top 10.
1. Los Angeles Lakers
Value: $900 million
Operating income: $24 million
2. New York Knicks
Value: $780 million
Operating income: $75 million
3. Chicago Bulls
Value: $600 million
Operating income: $59 million
4. Dallas Mavericks
Value: $497 million
Operating income: -$3.9 million
5. Boston Celtics
Value: $482 million
Operating income: $7.7 million
6. Miami Heat
Value: $457 million
Operating income: $26 million
7. Houston Rockets
Value: $453 million
Operating income: $18 million
8. Golden State Warriors
Value: $450 million
Operating income: $22 million
9. San Antonio Spurs
Value: $418 million
Operating income: $14 million
10. Phoenix Suns
Value: $395 million
Operating income: $13 million
Click here for the full Forbes list
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The David Lee-LaMarcus Aldridge match-up: Lee usually does pretty well against Aldridge. In four match-ups against Portland, Lee averaged 19 points on 63 percent shooting with 11 rebounds. That includes a 29-point, 20-rebound performance against Aldridge in Portland in April.
Of course, Aldridge got the last laugh, making the playoffs while Lee went home.
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January 25th, 2012 at 6:07 pm
Nice investment when your product stinks but goes up in value!
January 25th, 2012 at 6:47 pm
Surely the $450M is based on the same $450M they just paid for the team?
January 25th, 2012 at 7:07 pm
Marcus – The first thing you do when conducting a valuation is to check for recent sales. In many cases the most recent price paid is the defacto valuation. That’s why they list it exactly at the purchase price, not that they could get that if they tried to sell it.
January 25th, 2012 at 7:17 pm
David,
You’re probably right. But I have to think Forbes puts more into these rankings than last price paid.