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The next day, the Bulls' internal strife was hyped up by the media and became public knowledge.
In the morning, Magic Johnson accepted a TV interview with ESPN at the hotel and said: "The Bulls' internal strife has been reported in recent years, but the Bulls have handled it well. They are still the most competitive team in the league. I hope
I can handle it this time too.
In this regard, I would like to praise the Suns, from the management to the coaching staff to the locker room, they are always united, so they can always be at the forefront of winning the championship."
"Ervin, the Suns also have internal strife. Their offensive assistant coach Mike D'Antoni publicly accused Old K of taking too many tactical positions and shots a few days ago. He believes that the team should reduce Old K's tactical position.
With shooting, I even think that the Suns should play fast-paced offense and defense, just like your show time, play small ball." The reporter reminded.
Magic Johnson laughed and said: "I think the Suns should consider it. The Lakers' show time era was a very popular small ball style and very popular with fans. At that time, we were the Rambo of the league. Playing small ball,
It’s very good for the Suns’ market and will definitely bring many new fans to the Suns, which will help expand the market.”
"Ervin, but in that case, how will the Suns arrange for old K?" the reporter asked.
Magic Johnson smiled and said: "Trade, the Suns can completely trade Old K for a whole team of All-Stars. That way they can maintain championship-level strength and rely on the influence of multiple All-Stars."
Further expand the ball market.
Moreover, Old K’s contract is too big and not cost-effective at all, so the Suns can reduce a lot of expenses, haha!”
"The magician is not a good person!"
…
Lao Wang was having breakfast with a large group of people including Barkley. The TV happened to be the ESPN channel. Hearing Magic Johnson's words, he couldn't laugh or cry.
2k novel
"Old K, the Lakers won't give up on you." Barkley said with a smile.
"Old K, why don't you just join the Lakers? You and I will join forces and beat Michael to death." Dameng said with a smile.
Lao Wang said disdainfully: "Just have your sweet dream. I can kill him by myself. Do I need to give you the honor?"
"Ha ha……"
Barkley, Glider and the others laughed.
Dameng's face turned pale with anger, and he cursed angrily: "You don't know the heart of a good person, old K. When your gang of younger brothers grow up, you will be finished. It depends on how you keep them."
"Hey, aren't we going to implement a luxury tax in the future? Then let the boss use the money to retain people." Lao Wang said with a smile.
Dameng immediately shook his head and said: "Impossible, Phoenix's economy is average, the fans' spending power is only so great, and the football market is not unlimited. Do you think fans' money falls from the sky?
Small ball markets are not like big ball markets like New York and Los Angeles. As long as the record is good and there are stars in the big ball markets, can the price of tickets go up? Small ball markets don’t have enough operating income. Who dares to blindly take advantage of them?
Investing money? Not to mention a contract as big as yours.
Look at the Bulls, Jordan's contract is so big, and the Bulls owners are supporting it so much. Chicago's city size and economic strength are much better than Phoenix. How much luxury tax can the Suns give you? Luxury tax can only be played in big ball markets.
It’s not something a small ball market like yours can afford. If the team doesn’t perform well, it will go into debt and go bankrupt.”
Lao Wang thought for a while, he didn't understand this, but the ticket sales of the Suns were indeed far lower than that of the Knicks and Lakers, let alone the Bulls. He knew this, even in the year when they won two championships, it was the same. So,
The Suns' market is indeed not big.
Buckley analyzed: "Mr. Colangelo is building an MLB team, which may also take away part of the Suns' market. However, if the Suns can continue to maintain strong competitiveness, they are not afraid of Cobra taking away its market.
"
"Forget it, let's not talk about this anymore."
Lao Wang couldn't understand it either, so he simply stopped talking about the topic.
…
"Robert, have you seen Magic Johnson's interview on ESPN? I think what he said makes sense. If we buy the Suns, we should do what he said and have several All-Stars in our hands. We will still have the same benefits."
The ball market, and you don’t have to carry Old K’s big contract.”
At this time, a partner called Robert Sarver. After hearing this, he said disdainfully: "There is a ridiculous reason, trading the number one active player for a few ordinary All-Stars, is it crazy?
Don't listen to Magic. He is from the Lakers. The Lakers have always wanted to get old K. How could I be fooled by him?
Besides, can a few ordinary All-Stars maintain the current football market? Impossible, have you forgotten the influence of old K here?"
…
At this time, Colangelo Sr. was also having breakfast with his family. The TV was not on. He was discussing issues related to the team with his son Colangelo Jr.
"Brian, do you think I should sell the Suns, or just part of it, or none at all?" he asked.
Colangelo Jr. thought for a while and said: "Father, it is definitely not appropriate to sell them all. Now K is still at his peak. During his contract, the Suns still have the strongest ability to compete for the championship.
, I even expect him to play a dynasty, so I don’t recommend that you sell all your shares.”
The elder Colangelo laughed, nodded and said: "That's exactly what I think, and even if I can't win the championship in the next few seasons, I won't consider selling all the equity.
The Suns have two championships in hand, and as long as the team maintains a certain level of competitiveness, our football market will not collapse, and there is absolutely no incentive to sell all the shares."
Colangelo Jr. continued: "As for whether to sell part of the equity, father, I'm afraid it depends on how big the funding gap is on Cobra's side.
My suggestion is, father, it is best to get a part of the mortgage loan from the bank, even if it is mortgaged with the equity of the Suns and the family's real estate."
The elder Colangelo said: "I have now raised 35 million US dollars in funds, but there is still a shortfall of 30 million US dollars. Even if I sell all the Suns' equity, it will not solve the funding gap problem, so I have to find another way to solve this problem.
Or just do what you say, we have no other way, I don’t want to reduce our share of equity in Cobra.”
Colangelo Jr. is also very helpless. The family's financial resources are limited. The Suns have not made any money at all in these years. Operations have improved in recent years, but in order to compete for the championship, they have invested a lot, especially the big contract of Old K.
The team's operations are very difficult.
When their family invested in the Suns, the total investment amount was US$44 million. However, their family did not have a lot of money on hand, so they gathered a large group of partners, and together with themselves, they had a total of 20 shareholders. Their family was the largest
shareholders, but only 20% of the shares.
Now the venture capital company has estimated the market value of the Suns to be as high as 80 million U.S. dollars. This is because the team has the number one active player like Old K and its operating income is good. Otherwise, a bad team like Philadelphia would only have 20 to 30 million U.S. dollars.
I sold it, it was very cheap.
In other words, their equity in the Suns is currently worth only US$16 million, and selling it all would not be enough.
He asked with great confusion: "In that case, father, why did you agree to negotiate with Savor's consortium?"
The elder Colangelo laughed and said: "If Robert Sarver's price is reasonable and can reach my psychological price, I can consider selling part of the equity, such as about 5%. And some of my relatives also want to cash out for some reasons.
"
"I see."
Colangelo Jr. nodded.
Their family owns 20% of the equity, but some shareholders are relatives of their family. Their total equity share is 38%. The reason why his father can control the Suns is because he has the voting rights for a total of 58% of the equity.
.
"Father, how much equity do the relatives want to sell? Will it affect our control of the Suns?" he asked.
"15%, plus I can sell up to 5%, for a total of 20%, I can still control 38% of the equity. Without absolute control, the Savor Consortium will become the second largest shareholder, but I believe that I will not lose control.
." Old Colangelo said with confidence.
"Father, must Cobra retain 51% of its equity? If it is reduced, our financial pressure will be much less." Colangelo Jr. said.
He knew that his father had reserved 51% of the equity in Cobra. Based on the current investment amount of US$130 million, his family had to invest US$66.3 million. Now they have only raised half of it, and they are still short of half. They sold 5% of the Suns' equity.
, which is still short of more than 20 million, which cannot solve the big problem.
Old Colangelo shook his head and said: "I am very optimistic about Cobra and don't want to reduce my share."
When he initially invested in the Suns, he didn't take much equity because he didn't have enough financial strength and shared risks.
But now I have experience in investing in Cobras, and the sports atmosphere in Phoenix is better now than it was then, and the environment for sports investment is better. It is time to get more shares, but unfortunately the family still does not have enough financial strength.
He added: "I decided to sell 5% of the Suns' shares, cash out a little, and invest in Cobras."
Speaking of this, he said in high spirits: "I believe that Cobra's investment prospects will be very good. Old K made me see this. I hope that after the team is established, it can recruit some stars to join and achieve results as soon as possible. In this way, the team's
The market value will rise rapidly, just like the Suns in recent years, and our return on investment will be faster."
Colangelo Jr. nodded, sold part of the Suns' equity, and invested in Cobras. This was not wrong, because in any case, investing in Cobras was equivalent to buying the original stock, which was equivalent to bargain hunting, and the Suns' current market value was already equivalent to
On the top of a mountain, who can guarantee whether there is a higher mountain ahead? So partial cash out is necessary.
The elder Colangelo said: "After the Arizona Cobras are established, they will compete with the Suns and Arizona Cardinals in the state's sports market. Among the four major commercial sports leagues, only ice hockey is left. In my lifetime, I must establish another ice hockey team.
team."
Colangelo Jr. said worriedly: "Father, Phoenix's spending power is limited and the market is not big. Have you considered this?"
The elder Colangelo said with a smile: "The Cardinals are in Tucson, the Suns and Cobras are in Phoenix, and we will choose other cities for hockey in the future. This way we can share the burden. I believe Arizona's economic capacity can bear four seasons."
A commercial team.
Moreover, the consumption intentions of fans are not single. Some like basketball, some like ice hockey, some like baseball, and some like rugby. We can actually create a larger comprehensive sports market, and the focus should not be limited to basketball.
Above that, the pattern needs to be bigger. Although the Suns’ market is limited, we will engage in Cobra to tap the fans’ consumption potential in disguise.
You have to know that in addition to sports, people also have various other consumptions, and we can definitely shift more of people's other consumptions to sports, and this is the potential football market."
"I understand, father." Colangelo nodded.
…
"It seems that the Lakers haven't given up on old K yet."
In Boston, Cardinal Auerbach happened to see this interview program. After weighing it carefully, he picked up the phone and called.
"Hello, Mr. Auerbach."
"Let the news get out. I want this news to appear on the front pages of major media as soon as possible, even on TV media." He said to the person on the other end of the phone.
"OK."
The man on the other end of the phone immediately hung up the phone.
…
After Lao Wang had breakfast, he went to the fighting hall with Lei Gong, Huang Sanshi, Barkley, Cheng Long and others. There was no training today. The G2 game was on the 4th. The team has arranged training tomorrow, so you can have a day off today.
Dameng and Glider have to teach Dayao and Lao Hu and don't have time to play. Now their families have taken over and they eat and drink in the martial arts gym every day, so they have to work harder.
After practicing for a while, several people went back to the living room to take a rest. Dameng lay half-lying on the sofa, looked at Lao Wang's villa, and said with disdain: "Old K is so stingy, I have been to Michael's villa, that is called luxury, the garage
There are seven or eight of them, and more than a dozen bathrooms, which are ten times bigger than Old K’s house.”
The glider also looked at it, and suddenly stood up and walked towards the stairs, saying at the same time: "Hakim, we have been here for several days and haven't seen much yet. Why don't you give it a visit?"
"What's there to see in this broken house?" Dameng said in disgust, but he still got up and went up the stairs.
Dayao and Lao Hu sat motionless, and the latter said: "Dayao, how are you studying?"
"I have learned a lot." Dayao chuckled.
"I also gained a little bit, mainly in terms of experience." Lao Hu said with a smile.
At this time, Dameng visited a room. When he opened the door and took a look, their eyes widened.
When Glider saw the two MVP trophies, one FMVP trophy, two AMVP trophies, two replica championship trophies, a total of seven shining trophies placed on the wooden frame, he was very envious and said: "It turns out it's the old man.
K’s room of honor.”
"Here?"
Dameng's eyes wandered around the seven trophies, and he was suddenly attracted by the series of baskets above.
He counted them, and there were eight in total. They were hung on the wall like the five Olympic rings. They covered an entire wall and were very eye-catching.
"What a bastard!"
Seeing these baskets, he immediately thought that there must be one of his among them.
Back then, damn old K took away so many baskets, and then engraved their names on them, and finally used them as some bullshit trophies to show off, causing them great embarrassment. He always remembered this.
"Eight baskets? Haha!" Glider also noticed a string of baskets and couldn't help laughing.
"Laugh your ass off!"
Dameng cursed angrily.
Glider wasn't angry with Dameng, an old classmate and friend. He was very sympathetic. He must have been very depressed when Old K took away the basket, right? Thinking of this, he laughed again.
"roll!"
Dameng pushed the glider, then walked to the wall, jumped up, and took down a basket hanging on the wall.
"Patrick Ewing?"
Seeing the names on this side, he cursed loudly: "Damn old K, has he really engraved our names on it?"
"Haha..." Glider leaned against the door and laughed again.
Looking back and glaring, Dameng jumped up continuously and took down the top baskets one by one. When he got to the fourth basket, he found his basket.
Sure enough, his name was engraved on it, Hakeem Olajuwon.
This made him so angry that he smashed the basket against the wooden frame with a bang, almost hitting an MVP trophy.
"Be careful, old man, if you smash Old K's trophy, he can kill you." Glider reminded with a smile.
"Know."
Dameng said angrily.
He looked at the other baskets, thought for a moment, and hung them up as they were, leaving only his own basket, then turned and walked toward the door.
The smiling glider remained silent and allowed Dameng to take the basket out of Old K's room of honor.
Dameng left the honor room, went directly to his room, and stuffed the basket into his suitcase.
He was not afraid of Old K discovering that there were seven baskets on it. Could it be that Old K had nothing to do all day long to count the baskets? Besides, what if he discovered it? This is called returning the thing to its original owner.
Glider reminded: "Hakeem, there is a Lakers basket over there, don't you take it back?"
"I wasn't with the Lakers at that time, so what does that basket have to do with me?" Dameng shook his head.
"Jordan's basket is also there. If you help him get it, he will definitely be grateful to you." Glider smiled.
Dameng's heart moved, it was true, but let's forget it, there were too few baskets, and it would be easy for Old K to find it.