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In a five-star hotel, Stern and Colangelo sat down in a high-end business suite.
Without beating around the bush, Stern said straightforwardly: "Jerry, the Finals are about to end, and Jordan is about to enter the trade market. He is still in his prime. His whereabouts are very important and will have a great impact. Now the league is facing a crisis.
Change the situation.
Let's be honest, because the whereabouts of Old K are also very important. The two most influential giants in the league, I hope they can go to big ball markets."
Colangelo and his son were shocked, especially Colangelo Jr. He is not a shareholder of the Suns and is not very clear about the attitude of the shareholders. There are some things that his father did not tell him. Now Stern's words
, it seems that it has been confirmed that Old K will leave the Suns?
Colangelo Sr. is better. He understands the attitude of shareholders. The shareholders no longer support the management's continued large investment and require the management to reduce expenses and dividends.
And if he disagrees, even his relatives who hold 38% of the shares will probably oppose him. He only holds 20% of the shares, so he will no longer be able to control the Suns, and the shareholders will probably expel him from the Suns.
Management.
In fact, if shareholders want to sell their shares, they are forcing him to pay dividends and stop competing for the championship. This is something he knows very well.
In fact, from a businessman's point of view, he also believes that the Suns' three championships in five years have reached their limit. No matter how many championships they win in the future, they will not bring more benefits to this team, but will instead
It brings a huge burden, and may even lead to bankruptcy due to the competition for the championship.
It is very possible for a small horse to go bankrupt, because the league has basically determined internally that it will renegotiate the collective bargaining agreement next year and prepare to implement a luxury tax system. In the future, the investment of championship teams will only be greater than now.
Talking about the ball market, for example, the Celtics have won eight consecutive championships, 16 championships so far, and so many championships, but they have not made the Celtics the first-tier ball market. What about the Suns?
In fact, he himself is also a little tired. This time he wins three championships in five years, which can be called a quasi-dynasty. On the basis that the Suns' basketball market has reached its limit, this record is enough. Otherwise, he
There is no thought of selling part of the shares.
In fact, this is also the reason why he started to form the Cobras, because the Suns' market has reached the limit of Phoenix.
But this does not mean that he wants to trade Old K, because without Old K, the Suns' market may not immediately fall from the second level back to the third level, but it will definitely fall back to the third level sooner or later. Trading Old K,
Just a short-sighted move.
It's just that he promised Old K that the team would continue to compete for the championship, so now he is looking for another solution to the problem, but he hasn't had time to implement it yet.
Faced with Stern's question, he thought for a while and said: "David, our board of directors has not made a final decision yet. I will make a decision after the finals and before the draft."
Stern nodded, with a smile on his face, and asked again: "Jerry, tell me what you think."
Old Colangelo showed helplessness on his face and sighed: "I personally hope that Old K can stay in Phoenix forever, and the same goes for Phoenix fans, the political circles, and the business world.
He attracted a large number of Chinese to relocate to Phoenix, and the city government even prepared a multi-billion-dollar Chinatown plan.
In this year's playoffs, the number of Chinese watching home games has increased significantly. In fact, our ball market is also slowly expanding. The Chinese who can move to Phoenix and start over will not be poor, there are a large number of middle class people among them."
Stern nodded. He could see that Colangelo didn't want to trade Old K, but he couldn't bear the pressure from the Suns' shareholders.
He also heard that Colangelo Sr. might have a plan, and might use the power of Phoenix to counter the opinions of shareholders.
In other words, old K may not be traded yet.
He thought for a while and said: "Let's see, if the Suns decide to trade Old K, as I just said, I hope he goes to a big market. Jerry, what do you think?"
Colangelo said sincerely: "David, Old K's contribution to the Suns was too great. Without him, we might not have been able to win the championship in 1993, let alone the subsequent championships. And if he came to the Suns, we wouldn't be able to win the championship."
Pay whatever it takes, so if we were to trade him, I would let him make his own decision out of respect for him from our Colangelo family."
Stern nodded appreciatively. Colangelo was indeed a person with an overall view, unlike the accountant Reinsdorf, who only cared about everything.
Colangelo's request is not exclusive to his. Old K will definitely go to a team that competes for the championship, and the only team that can afford Old K's super contract is a big ball market.
As for Old K's Bird Rights contract, of course it will be handled together with Jordan, and the receiving team can enjoy the right to virtual space.
Whether this loophole needs to be closed in the future is up to people to decide the rules, and we will talk about it later.
After talking to Stern, the Colangelos took their leave.
The two returned to the hotel where they were staying and talked again in Colangelo's room. They had a communication between father and son, which was also a communication between management.
"Father, I don't agree to trade Old K."
Colangelo Jr. looked at his father and said firmly: "By trading him, maybe we can share more money in the next two years, but this is too short-sighted.
Because once Old K is traded, his personal fans will immediately abandon the Suns, and our football market will immediately shrink. For this, we can just look at Jordan and the Bulls.
And without Old K, can we have up to 50 or 60 national broadcasts in a season? Can we still reach the Western Conference Finals and the Finals? There is no income from the Western Conference Finals and Finals, and there is no large broadcast income.
A big chunk of our operations will be reduced.
Those shareholders only focus on our operating income, but don’t think about who gets these incomes. Five years ago, did we have such a good football market and so much operating income?”
Old Colangelo couldn't help but nodded and sighed.
Colangelo Jr. said excitedly: "Father, in the long run, it is right for us to keep old K.
Although his contract is large, he will also bring a larger market to the Suns, more broadcast rights revenue, more stadium revenue, more playoff revenue, and higher ticket revenue...
By the way, we haven't sold its peripherals in China yet. The economy there is developing, and sooner or later we will have a lot of income there..."
The elder Colangelo looked at his son, nodded with relief and said: "Bryan, I'm very happy that you can see this. I have a plan. There are too many small shareholders in the Suns, and I am going to find a suitable local shareholder."
A big businessman, a major shareholder who hopes to keep old K, uses him to replace those small shareholders. After all, they want to sell their shares, so I will help them."
Little Colangelo suddenly said excitedly: "Father, this plan is good, but it won't work for Savor, it will definitely not work."
Old Colangelo said seriously: "That's for sure, I will look for it elsewhere. The most important thing at the moment is not to expose this matter, and don't make it look like a bull."
Colangelo Jr. nodded and reminded: "Father, I suggest that after the finals, we take the initiative to communicate with Old K.
The K Martial Arts Hall in his hands has a large number of local businessman VIP customers, and we can completely use the K Martial Arts Hall’s network to seek support and find suitable candidates.”
Old Colangelo was startled, then laughed and said, "Bryan, if you don't mention it, I really ignored his martial arts gym."
Colangelo Jr. nodded and smiled: "Actually, we don't have to worry. As long as Old K comes forward, some of his local VIP customers will be willing to pay to sell the Suns. I don't think those people are willing to trade Old K.
"
Old Colangelo nodded repeatedly, and suddenly sighed: "Old K is indeed a talent. In just a few years, he has established such a large network of contacts in Phoenix."
Colangelo Jr. laughed and said: "There are actually not many rich people in Phoenix. K-Martial Arts gyms are in New York and Los Angeles, and there are more VIP customers in San Francisco."
Nodding, Old Colangelo said with a strange expression: "It's a pity that Old K completely wasted such a large network of contacts. It seems that he never thought of using that network to do anything."
Colangelo Jr. laughed and said: "He helped two Chinese martial arts stars hold several parties in Hollywood and released a movie in the United States. I heard that another one will be released this time, and that's it."
.”
Old Colangelo shook his head and said helplessly: "Poor old K, he has read too few books. I have to suggest him to read more."
Speaking of this, he said to Colangelo: "Old K's agent should have arrived. Maybe he knows something. He made an appointment with me. I plan to have a good communication with him and try to gain his understanding."
…
At this time, Lao Wang met his agent Lance Hoxman in the hotel room.
Hawksman first wished him a third championship and then informed him of some news.
For example, Mengma's first phase of domestic factory has been put into production, the cost of its products will drop significantly, and Mengma will enter a rising period of healthy development.
There are also some previous sponsorships and endorsements that have expired, and I am planning to replace them with some better brands this time, etc.
After chatting, Hawksman naturally changed the topic to the topic of Jordan being traded by the Bulls, and contacted Lao Wang.
He said: "Old K, do you have any thoughts about leaving Phoenix?"
Lao Wang did not hesitate, shook his head and said: "The contract only lasts for two seasons, and there are still five years left. If no special circumstances arise, I will not take the initiative to apply for a trade."
Hawksman nodded and said: "If Sarver, the racist person who wants to buy the Suns, takes over the Suns, or someone like that takes control of the Suns, then I will help you get out of there immediately."
"certainly."
He nodded and asked with some confusion: "Lanqi, although Mr. Colangelo intends to sell some of his shares, it is not much. Do you think he will lose the power to control the Suns?"
Hoxman laughed: "In addition to him, there are also some shares that he can influence that also have the idea of selling. As long as these shares are sold and then controlled by a person or a consortium, he may lose control of the Suns.
"
Lao Wang nodded thoughtfully. He didn't understand much about this, but even if Colangelo no longer controls the Suns, he still hopes to stay in the Suns as long as there are no racist elements like Sarver in the team management.
, the opportunity is rare, he hopes to defend his title and even become a dynasty. If he leaves the Suns at this time, everything will have to start again.
Hawksman said: "The Suns have won two championships in four years and are about to win three championships in five years. The team's market value has increased and operating income has increased rapidly. It has become one of the few teams in the NBA that can make money..."
Lao Wang interrupted Hoxman and asked in surprise: "Lance, are most teams in the league losing money?"
Hoxman said: "Of course, only a few teams in the first and second tier markets can make money. In fact, the real money is made in the first tier market, and only in the second tier market.
If the team owner can barely maintain operations, if he wants to make money, he can only rely on the increase in the market value of the ball market and then cash out his shares, just like the shareholders of the Suns.
Of course, there are exceptions. Like the Clippers and Mosaic, they can rely on stars to sell tickets and not compete for the championship."
Speaking of this, he gave an example: "For example, for a second-tier team like the Bulls that aims to win the championship, the boss is worried that the team will age, its performance will decline in the future, operating costs will be too high, and it may incur losses, so he will be forced to trade Jordan.
.
Another example is the Suns. Although their operating income has increased significantly in recent years, their operating costs have also increased significantly. Especially after your new contract is implemented, the Suns' operating costs are close to the limit.
There has been no dividend distribution to shareholders in the past few years, which means that the owners of the Suns have not made any money from it, and the championship bonus has nothing to do with them, it has all been earned by the league and players."
"you mean?"
Lao Wang more or less heard some meaning from these words.
Hollisman said solemnly: "Old K, just because the Suns shareholders have not made any money, they can only share the championship dividends by cashing out their shares, including the Colangelo family."
"What consequences will there be?" Lao Wang asked immediately.
Hawksman said thoughtfully: "Judging from the history of the league, once a team in a small market wins the championship, it is difficult to defend it.
Because to defend the title, it is necessary to build a stronger lineup, which means more financial investment, which is precisely what is difficult to achieve in small ball markets.
Therefore, after a small team wins the championship, the famous stars all want to move to a larger football market to develop. Small teams cannot retain people, and the team's owners and shareholders also want to share the championship dividends, losing the motivation to defend the title."
Lao Wang was shocked and said hurriedly: "Do you think the Suns can't defend the title?"
Hawksman shook his head and said: "No, the Suns' market is similar to that of the Chicago Bulls. They are both in the second tier, but this is already the limit. It is difficult, very difficult to continue to grow.
But depending on the current football market, it is possible to defend the title. After all, the Bulls have defended the title before, but there is a consequence. The Suns' owners and shareholders still cannot share the championship dividends."
Lao Wang frowned, and at this time he somewhat understood.
To put it in perspective, if K Martial Arts Hall never makes money and there is a possibility of losses, can he still continue to run it?
No, given his character, if a martial arts gym suffers a loss, he will immediately reduce its size and close down any branch that is losing money.
Even if he doesn't make money for a long time, he can persist for a year or two, but he won't persist for a long time. He will definitely choose to sell or close the martial arts gym.
Therefore, what will Suns shareholders do if they cannot make money for a long time, or cannot share the dividends from three championships? Of course, they will sell their shares to cash out.
But he knew that when Hawksman mentioned this matter, the consequences might not be so simple, and hadn't the consequences already come out?
At this time, Hoxman said again: "Old K, actually selling the shares to cash out is just a last resort, a one-time way to share the dividends.
The Suns have too many small shareholders, and now I'm worried about a situation. If they want to share the dividends of three championships in the long term, they may not sell their shares anymore."
“You don’t want to sell your shares, but you want to share the dividends in the long term?”
Lao Wang was shocked. There was only one result, which was to reduce expenses and distribute the invested funds as dividends. And this result must cause the team to lose the hope of defending the title.
"This won't work. The team must continue to invest. I made an agreement when I renewed my contract with Mr. Colangelo. The team must support me in competing for the championship and aim to compete for the championship every year." He immediately shook his head and said.
.
Hawksman nodded and said: "Old K, if shareholders push management to reduce expenses and give up defending the title, what do you think they are most likely to do?"
"do what?"
Lao Wang didn't understand, but when he saw Hawksman staring at him, he suddenly understood. He stood up from the sofa with a roar and said angrily: "Do they still want to trade me?"
Now he understands why Jordan hit Jerry Krause out of anger that day. If the Suns really want to trade him, his goodwill towards the Colangelo family will be wiped out.
"You're right!"
Bang, Hawksman snapped his fingers, signaled Lao Wang to sit down, and said: "Your contract is the largest contract in the history of the league. It is not only a 100 million yuan contract, but also a 200 million yuan contract. As long as
Get rid of your super big contract, even if you find another All-Star to come back to maintain the team and lineup, the Suns will save a lot of expenses every year, and the money saved will go into the pockets of the shareholders."
"What the hell!"
Lao Wang cursed depressedly.
People are selfish. He can understand that shareholders want to make money, but he cannot understand the same thing when he is the bargaining chip.
"What can I do?" he asked.
Shaking his head, Hoxman said: "These are just some of my thoughts, I will talk to Mr. Colangelo about it.
No matter what, your interests cannot be lost. If the Suns don't want to defend their title, they have no choice but to leave."
"All right."
Lao Wang also nodded helplessly.
At this time, he thought of Jordan. He didn't expect that he might follow in Jordan's footsteps, and he couldn't help but feel very depressed.
Then Hawksman left. He had already made an appointment with the elder Colangelo.
