Chapter 7 Is there still room for decline?

“Industry Survey Briefing for the National-Basketball Association.”

"The industry category: sports and entertainment."

"A Brief History and Introduction: Founded in 1946, it has grown from the Northeastern Basketball League in the United States with only 11 teams. It has grown and grown for more than 60 years and has become the highest-level basketball league with teams spread across the United States, broadcasting and influenced by the world. It is tied for the four major professional sports leagues in North America with the NFL, MLB and NHL."

(Comment: It has a long history and is hard-working. It is known as the top four, and it is only ranked third.)

"Output value: US$4 billion (2009), ranking third in the four major leagues."

(Comment: Not as output value as the real estate market in China's second-tier cities.)

"Annual revenue: US$234 million (2009), up about 4% from the previous year."

(Comment: Not comparable to the annual sales of real estate in third-tier cities.)

"League structure: 30 teams under the jurisdiction form the main body of the league, without a relegation system. The league is divided into regular season and playoffs, from the end of October to June of the following year. 82 regular season games, home and away round-robin, divided into two major regions. The playoffs, the first eight regions have seven games, four-win knockout matches, three rounds, and the division champion is decided. The division champion is held in the finals and the championship is decided."

(Comment: There are many competition venues, more than 2,500 games a year, and the circus does not perform like this.)

"Revenue structure: 1 broadcasting rights revenue, signing broadcasting contracts with TV stations, accounting for about 30%.

2 Ticket revenue, and the box office that spectators buy on the stadium is about 40%.

3 Advertising sponsor revenue, including jerseys, beverages, courtside advertising, etc., accounts for about 20%.

(Comment: The search for talents from around the world demonstrates the industry's monopoly position.)

"Development prospects: In 2009, the output value of the US sports market is about US$210 billion, accounting for about 2% of the total GDP of the US. The output value of NBA 4 billion is only third in the four major leagues. Judging from the popularity of basketball, there is still room for improvement, especially the development of the global market. Rugby, ice hockey, and baseball have many restrictions, and only basketball is suitable for global promotion and popularization."

"By the way, the task is 300 million US dollars, but if it is not completed, what should I do with my daily expenses? How did I sign my contract?"

The Clippers were founded in 1970. After many migrations and name changes, they settled in Los Angeles and renamed the Clippers.

The comments in the briefing were all notes he added, and they were also professional habits.

The best result of the playoffs was to reach the semi-finals in 2006, and the number of times in the playoffs in history is only a handful: 7 times.

He had only one thought in his mind: "Is it necessary to play a bad team like this? Does it still have room to fall down?"

"Although the output value is only more than 4 billion, it is not easy to destroy such a professional league with a long history and great cultural influence. Fortunately, I just need to destroy a team, 1/30, the Los Angeles Clippers..."

"There are problems: there is no in-depth understanding yet, and further investigation and research are urgently needed."

He remembered that he had read an online novel before, called "Becoming the Richest Man from the Game", and his experience was "Being the Richest Man from the NBA".

"Is it necessary for me to make a bad team like this? Isn't this team ruined me if I trip him up?"

But he can't remember the specific content of the novel, otherwise he could use it for reference.

Min Congda facilitated financing of hundreds of millions of yuan in the bank, creating interest income of tens of millions of yuan for the bank, and the bonus was about one ten thousand.

These information are in English, including the team's financial report, player list, personnel list, etc.

[Losing salary: During the season, the team's performance is checked every week. The system will pay $2,000 in salary for each loss (after tax). There is no salary for winning the game.]

The system responded quickly:

"It seems that the system is still very reasonable. Although the second task is much more difficult than the first task, it is limited in difficulty."

Min Congda feels that this system has a deep routine.

[Note 2: If the team enters the playoffs, they will be deducted $3,000 in salary for each game they win, and they will not have a salary if they lose.]

It took three minutes to understand the situation of the Clippers.

However, this is obviously the most difficult to accomplish, because the team's valuation is related to many factors, including team record, box office revenue, fixed assets, goodwill, and even inflation.

From 1977 to 1991, he failed to enter the playoffs for 15 consecutive years.

Min Congda is full of confidence in Curry. It seems that he is not good at playing basketball and is too thin.

[Note: If the team's valuation rises, the dividend limit will be reduced to one ten thousandth, but the initial valuation value will also be updated and covered.]

According to data from the previous year, the Clippers' regular season record was 19 wins and 63 losses.

But Min Congda was surprised to find that the Clippers' 40-year history of playing in the NBA has won the team honors: 0!

[Your income will be divided into three parts, which are closely related to the team's performance and asset valuation, including year-end settlement dividends, loss wages and fines.]

Thinking of this, Min Congda took out the alarm clock and patted it, and started a conversation with the system.

There are various information sent by Ada about the Los Angeles Clippers.

Calculated at the exchange rate of 6.8 in 2009, there is 850,000 yuan! And it is after tax!

According to pre-tax calculations, the annual salary is one million yuan and the salary is really good. This was in 2009.

[For example: In the 2009-2010 season, the Clippers' current valuation is US$300 million. At the end of the season, if the valuation is US$250 million, your year-end dividend is US$50 million. If the valuation is US$350 million at the end of the season, the year-end dividend is US$5,000, but the initial value of next season will become US$350 million.]

"Master, I have to bankrupt the Clippers to get 300 million US dollars. So how do I calculate my usual salary?"

[Fine Bonus: When you are fined by the alliance for some reasons, the system will pay you a fine and the subsidy will be equally subsidized to your salary account (after tax)]

Baidu Encyclopedia played a role in popular science at this time.

"If Curry is chosen this season, the team must continue to work hard and hit a new low!"

As for the loss salary, Min Congda felt very satisfied.

[Note 1: Summer League and preseason discounts, and you will be paid $200 and $500 in losing, but you won.]

Min Congda was full of confidence and thought that when he destroyed the Clippers, he got 300 million US dollars, and started the next task and continued to play badly, he might be able to become the richest man in the world and reach the peak of his life!

(Comment: The revenue structure is relatively balanced, but the box office revenue accounts for too much, which may be adversely affected in the future.)

"Draft system: a talent selection system unique to American professional sports and related to university sports. Lottery and selection are carried out in April and May every year, and the selection rights are allocated according to certain rules based on the team's record to select basketball talents who sign up for the draft from around the world to supplement fresh blood for the team and the league."

"If the team's valuation rises to $1 billion and then goes bankrupt, then I will get a dividend of 1 billion? Why do I feel that this routine is so familiar? First raise the valuation, then cash out and leave the scene..."

Judging from the rules, dividends are obviously the big ones. Once the team's valuation declines, it will be a few million or tens of millions of dollars.

"I don't think it will take long to complete this task successfully, start the next task, and move to a higher peak in my life!"

When Min Congda saw that the system was arranged very clearly, his salary, dividends and bonuses were all available.

4 Other income, mainly including peripheral products, various authorizations, related activities, etc., account for about 10%.

"After the team appreciates, the dividend is only one ten thousand? I, RTNN, isn't this the same as when I was at work? System, you are insulting me! No, it's better to go bankrupt as soon as possible and get $300 million."

[Year-end settlement dividend: The valuation of the team in each season is the initial value, and the valuation at the end of the season is the settlement value. If the initial value is subtracted from the settlement value, it will be your year-end dividend.]

"It's too complicated and too complicated. Forget it, I'd better take a look at Baidu Encyclopedia first and learn about the general situation!"

It has a history of 40 years. It can be regarded as a long history and has an orderly inheritance.

Needless to say, the highest honor of championship. They have never won the other ones, such as regular season champions, Western Conference champions, and even the first place in the Pacific Division!

According to this result, Min Congda can get a salary of US$126,000.

Out of work habits, after waking up after a sleep, Min Congda used his apartment laptop to check NBA-related information and compiled an NBA industry survey briefing.

And there are bonuses from Summer League and preseason games, and the treatment is really good.

After writing the industry briefing, Min Congda opened his exclusive email.

Through this briefing, he gained a preliminary understanding of the NBA basketball professional league.

Fortunately, if the valuation rises, the initial value will also be raised.

As for the playoffs, Min Congda is not worried about the team entering the playoffs at all.

Min Congda doesn’t know much about the final fine bonus for the time being, so the bonus cannot be forced.

Between the Clippers' excellent tradition of bad teams, Min Congda decided to remain unchanged and wait for an opportunity to act.

"Maybe I don't have to do anything, and the Clippers will keep rotting until they go bankrupt. Wouldn't it be nice?"

(End of this chapter)
Chapter completed!