Phil knight offers to buy blazers

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wizenheimer said:
in the decade BEFORE Knight invested his first dollar in the UofO, the Ducks had been to 7 bowl games including the Rose Bowl and Cotton Bowl. That's pretty 'relevant'. Knight has been integral in Oregon's rise for sure, but he isn't the only reason for it. After Rich Brooks made Oregon occasionally relevant and competitive, Mike Bellotti built the foundation for the consistently ranked team Oregon has been except for the Helfrich burp
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Exactly. Phil leveled the playing field against the "blue blood" programs that spent lots of money for the last 100 years. But as we have seen with every top program, it is the coaches that bring in the recruits. Every program has dipped when they had the wrong coach.

Helf was a great example, he coached his team in the Championship game and yet still could not recruit effectively enough to keep his job. On the flip side, you had Erickson who had very little to work with but was effective while he was in Corvallis. It always comes down to coaching, which is why they get paid a ridiculous amount of money.
 
Be careful what you wish for. A billionaire owner could be great, and could also suck. Some of these egotistical billionaires think they’re smarter than everybody else, especially if they’re in their mid 80s, they don’t care what they do, just to show their face in a series final, they have no problem mortgaging the entire future to get there. My hope is a billionaire owner that is younger and has a vision how to build a team properly through great trades and acquiring draft choices. as I’ve said, before, on this site, the Phoenix situation is an example of what worries me, they come in there and mortgage all their draft picks all the way to 2030, and if they don’t have a winner, they’re screwed but what do they care, they won’t be around. We will be stuck in a rebuild minus the future to get better. I can guarantee you when we get close to 2028, 2029, GM’s like Danny and the Oklahoma GM will be coming after Portlands draft picks that Cronin was so smart to acquire.
 
I always though that Dame, CJ, Melo and Lebron, Batum, Aldridge or possibly Popovich (who are all in the wine biz or are interested in it and 3 of them have vineyards here) should buy the Blazers. Pops hinted at retiring although none of this would happen until a long stretch from now. Sometimes an investment group is better than a solo rich guy owner.
 
riverman said:
I always though that Dame, CJ, Melo and Lebron, Batum, Aldridge or possibly Popovich (who are all in the wine biz or are interested in it and 3 of them have vineyards here) should buy the Blazers. Pops hinted at retiring although none of this would happen until a long stretch from now. Sometimes an investment group is better than a solo rich guy owner.
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Wine is a losing bet.
 
Eastoff said:
Wine is a losing bet.
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ssshhhh! A gambler is going to gamble and a wine fanatic is going to consider being surrounded by it probably heaven. I don't drink so I'm a poor judge of the market these days
 
riverman said:
I always though that Dame, CJ, Melo and Lebron, Batum, Aldridge or possibly Popovich (who are all in the wine biz or are interested in it and 3 of them have vineyards here) should buy the Blazers. Pops hinted at retiring although none of this would happen until a long stretch from now. Sometimes an investment group is better than a solo rich guy owner.
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All of them together don't have close to enough money to buy the Blazers.
 
SharpesTriumph said:
All of them together don't have close to enough money to buy the Blazers.
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I think Lebron could probably do it by himself. He'd have to finance it but he's got quite an empire of investments. That's why you need minority investors...a lot of celebs own stock in sports franchises without being rich enough to own the whole team. TV comedian Bill Maher owned part of the Mets just for the box seats and parking spot, he sold his shares later beccause he didn't like attending board meetings.
 
kjironman1 said:
Disagree on this. Read those names again and do a net worth analysis. They might have enough now and most certainly will have enough in ten years.
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What are the Blazers said to be going for? 2.5B?

If all those guys pooled every single asset they have to buy a team, any guesses of their collective net worth? The internet says LaBron is worth 1B but who really knows? Mine is that they'd be short of that figure, but I'd also guess is that each of those guys would also like to keep some of their houses, girlfriends, boats etc... probably have to partner up some more. Hey KD!

So who gets to head this collective and how happy will the passengers be just riding?

STOMP
 
STOMP said:
What are the Blazers said to be going for? 2.5B?

If all those guys pooled every single asset they have to buy a team, any guesses of their collective net worth? The internet says LaBron is worth 1B but who really knows? Mine is that they'd be short of that figure, but I'd also guess is that each of those guys would also like to keep some of their houses, girlfriends, boats etc... probably have to partner up some more. Hey KD!

So who gets to head this collective and how happy will the passengers be just riding?

STOMP
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The key word on this is "Stakes". They need someone to help no question and then there is the 10 year part. Of course all of that is relative because what will the team be worth in 10 years?
Lebron being 1 Billion is what is said on the internet with a casual search but I would guess it's higher due to the sheer enormity of his endorsements. Jordan is worth 3 billion with his investments into ownership so I'm assuming Lebron could come up with some support. We all know Lillard is a shrewd businessman. He's already bought a couple things in the area. He also has his endorsement money.
CJ is the president of the players union but actually the real power is the executive director who is Andre Iguodala. CJ seems to be the weak link but maybe has just enough juice to be involved?
The next name mentioned is Carmelo Anthony. Another pretty good business mind though he has only about a quarter billion net worth.

I agree there is probably no way they can do this without help but I would not be surprised one bit if this group came up with a strong ownership group beings they have ties to both to so many avenues.
Just my opinion.
 
STOMP said:
What are the Blazers said to be going for? 2.5B?

If all those guys pooled every single asset they have to buy a team, any guesses of their collective net worth? The internet says LaBron is worth 1B but who really knows? Mine is that they'd be short of that figure, but I'd also guess is that each of those guys would also like to keep some of their houses, girlfriends, boats etc... probably have to partner up some more. Hey KD!

So who gets to head this collective and how happy will the passengers be just riding?

STOMP
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That might be what Knight offered, but most teams are going for over 3B now, so they would have to pony up a lot more.
 


Remember when people were annoyed Jody wouldn't sell the team for a third of this? Seems like she did the right thing not accepting a lowball offer.
 
^ Well, one could argue that Paul Allen is Jody Allen's sugar daddy.

Creepy, perhaps, but not far from the truth.
 
Jody isn’t selling the team until she’s dying. She likes this shit a lot by the looks of it. She’s found a way to let a trust own the team even though the NBA has said that a team in a trust has to be sold in a “reasonable” time.

For it to be almost 10 years she’s clearly found a way to get past that stipulation.
 
Yeah I'm wondering what happens to the trust when Jody dies? Whoever is the manager might just want to hold onto the team same as her. That person gets nothing from the proceeds of a sale but gets many of the benefits of being an owner.
 
In Washington State, a family trust's lifespan is generally limited to 21 years after the death of the last identifiable individual with an interest in the trust at the time of its creation, though dynasty trusts can last for 150 years.
Here's a more detailed breakdown:
  • General Rule:
    Washington law generally prevents a private trust from continuing longer than 21 years after the death of the last living person with an interest in the trust at its creation.
  • Charitable Trusts:
    Charitable trusts can continue indefinitely.
  • Dynasty Trusts:
    These trusts, designed to benefit multiple generations, can remain in existence for 150 years.
  • Trust Termination:
    Trusts typically end when the settlor dies or when one of the beneficiaries dies, or after a certain period or event, as outlined in the trust document.
  • Revocable Living Trusts:
    These trusts are active as soon as they are created and can be altered, changed, or eliminated completely during the trustor's lifetime.
  • Distribution of Assets:
    After a trust's termination, the trustee distributes the assets according to the terms of the trust document.
  • QTIP Trust:
    A Qualified Terminable Interest Property (QTIP) Trust ensures the surviving spouse receives income for life while preserving the principal for the beneficiaries designated by the first spouse.
 
If Im Phil Knight (I'm probably wondering why Im chatting on a message board with a bunch of nerds) I'm calling up the Blazers and saying "ok, 5 billion".
 
julius said:
If Im Phil Knight (I'm probably wondering why Im chatting on a message board with a bunch of nerds) I'm calling up the Blazers and saying "ok, 5 billion".
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He should have offered 3 to 3.5 billion two years ago. Instead he reportedly lowballed for something in the 2's.
 
julius said:
If Im Phil Knight (I'm probably wondering why Im chatting on a message board with a bunch of nerds) I'm calling up the Blazers and saying "ok, 5 billion".
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upload_2025-3-20_8-52-13.png

If I'm Phil Knight I would buy the Moda and MC from the city of Portland for $20 million so I'm in control of where the Blazers currently play and all future developments on that land.

It would be a move similar to how Robert Kraft ended up owning the Patriots.
 
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