What now? Ownership, etc

[SlyPokerDog]

Well, there is the agreement with the city that the franchise can't move till 2023. Don't know if it is unbreakable, but probably would require some effort/money.

The lease is up in 2025, but note that Allen owns the Moda Center as well as the Blazers. Have to believe they'll be sold as a package deal, because who would want to buy the Moda Center if the Blazers could be leaving?

barfo

The deal can be broken for $40 million. Which is nothing to someone who is paying a billion for the Blazers.

 

[Chris Craig]

We fellas we at least have this season

 

[SlyPokerDog]

Plus here are the markets bigger than Portland:

• St. Louis (#21)
• Pittsburgh (#23)
• Raleigh-Durham (Fayetteville) (#24)

How many of those are getting an NBA team?

Wouldn't go East.

Vancouver BC and Seattle.

 

[EL PRESIDENTE]

He owned the Blazers for years.

I mean, I can see him wanting to be competative. Not sure he would be involved in the new look Lakers or get into ownership there. He did have a bond with Portland as a rival, it would be fitting if one of Portland's greatest villans saved the team.

 

[EL PRESIDENTE]

Portland also has one of the most loyal fan bases and is among the top ten in season ticket renewals. Unless your name is Silent Stan Kroenke, why would you want to fuck with that?

Money Money Money Money.

The team is for sale and the chances are the buyer will have no ties to Portland, Oregon whatsoever.

 

[SlyPokerDog]

Plus here are the markets bigger than Portland:

• St. Louis (#21)
• Pittsburgh (#23)
• Raleigh-Durham (Fayetteville) (#24)

How many of those are getting an NBA team?

Also a city doesn't have to be bigger than Portland. It just has to have more corporate money. Look at Vegas. Sky boxes and corporate sponsorship would be insane.

 

[ripcityboy]

Didn't realize I needed your permission to post. I will ask in the future.

barfo

No. You're fine. Just don't piggy back off my post unless it includes sports content.

 

[EL PRESIDENTE]

The deal can be broken for $40 million. Which is nothing to someone who is paying a billion for the Blazers.

And if they move to Seattle, the team would be worth 2 billion .

 

[barfo]

The deal can be broken for $40 million. Which is nothing to someone who is paying a billion for the Blazers.

Ripcityboy, is it ok with you if I respond to Sly thusly:

Interesting, I don't think I ever heard an amount attached to breaking the lease, although it has been a few years since I was last involved in a discussion of it.

barfo

 

[bodyman5000 and 1]

I really wanted Paul to move here and retire.....and bring the blazers

 

[EL PRESIDENTE]

Also a city doesn't have to be bigger than Portland. It just has to have more corporate money. Look at Vegas. Sky boxes and corporate sponsorship would be insane.

Vegas is looking big time for NBA Team. There is talk that Rio will be torn down to put up an MLB field. Now that an NBA team is in play, they may go for that.

 

[SlyPokerDog]

Arena sponsor - Moda
Jersey sponsor - Biofreeze

Seattle, Vancouver BC, and Vegas could all do better, much better.

 

[ripcityboy]

Money Money Money Money.

The team is for sale and the chances are the buyer will have no ties to Portland, Oregon whatsoever.

If they aren't interested in winning first, I doubt the NBA Ownership group lets them past the door. You don't get into that club unless you're already a blue blood.

 

[hoopsjock]

Portland is a small speck of a city. Any bigger market will increase the franchise value. Any owner would want to maximize the investment, and buying out any leases is the first step.

Dude, the Blazers are 16th in terms of value according to Forbes. It would be one thing if you were stating that about one of the bottom dwellers but they are right smack dab in the middle. Just because a team moves to a bigger city doesn't mean they will automatically be more valuable. The NBA also has to approve it and moving a team away from a city with a strong following isn't smart for their brand.

 

[Pinwheel1]

Why is he wrong?

really you don't understand how stupid it is to suggest that the NBA wants to abandon a huge section of the country to avoid "scheduling hassles"

 

[craigehlo]

Plus here are the markets bigger than Portland:

• St. Louis (#21)
• Pittsburgh (#23)
• Raleigh-Durham (Fayetteville) (#24)

How many of those are getting an NBA team?

I doubt there is much appetite for a tax payer-funded arena in any of those markets. Per capita income in those areas is much lower than the West Coast.

 

[Rastapopoulos]

Wouldn't go East.

GUARANTEED PLAYOFFS, BABY!

 

[BrianFromWA]

Ripcityboy, is it ok with you if I respond to Sly thusly:

Interesting, I don't think I ever heard an amount attached to breaking the lease, although it has been a few years since I was last involved in a discussion of it.

barfo

I don't remember the details, other than I feel like it was something onerous like "pay off the Moda mortgage" or something.

 

[ripcityboy]

Ripcityboy, is it ok with you if I respond to Sly thusly:

Interesting, I don't think I ever heard an amount attached to breaking the lease, although it has been a few years since I was last involved in a discussion of it.

barfo

You have my permission.

 

[EL PRESIDENTE]

Dude, the Blazers are 16th in terms of value according to Forbes. It would be one thing if you were stating that about one of the bottom dwellers but they are right smack dab in the middle. Just because a team moves to a bigger city doesn't mean they will automatically be more valuable. The NBA also has to approve it and moving a team away from a city with a strong following isn't smart for their brand.

5 years post-Portland Trailblazers, no one will even care outside of the die-hards. Just the marketing push of a new franchise, new branding, will get a city excited. Look at the NHL team in Vegas, out of no where, people don't even know the sport or rules and it because the hottest ticket in town. Look how many people are at OKC games when they were new and how big time it was. People there don't know SHIT about hoops.

 

[SlyPokerDog]

I don't remember the details, other than I feel like it was something onerous like "pay off the Moda mortgage" or something.

No.

 

[barfo]

I mean, I can see him wanting to be competative. Not sure he would be involved in the new look Lakers or get into ownership there. He did have a bond with Portland as a rival, it would be fitting if one of Portland's greatest villans saved the team.

Saved the team? Seems a lot more likely that Kobe would buy it and move it to Vegas.

Not sure most of us would consider that saving the team, or that we'd hail him as a hero for doing so.

barfo

 

[hoopsjock]

5 years post-Portland Trailblazers, no one will even care outside of the die-hards. Just the marketing push of a new franchise, new branding, will get a city excited. Look at the NHL team in Vegas, out of no where, people don't even know the sport and it because the hottest ticket in town.

Yeah, that's really working well for the Chargers!

 

[BlayZa]

im sure there is a process on both sides for this. but if the estate wants to sell im sure it'll be tendered out to interested parties and everyone will need to jump thru X hoops for both the estate and the NBA.

cingers frossed it stays put in portland and that we get some highly competent new overlords.

 

[EL PRESIDENTE]

Yeah, that's really working well for the Chargers!

Rams are doing really well. No one really cares about football in LA though.

 

[Chris Craig]

Doesn't Vulcan control the Blazers?

 

[oldmangrouch]

A bit of a history lesson regarding the St Louis market.

At the time of the NBA/ABA merger, the owners of the SL team agreed to fold their franchise in return for an annual % of NBA earnings and perpetual ownership of the market. A few years back, the NBA bought their way out of the deal and allowing SL to have a team. Strange that the NBA would do that if they didn't think SL was a potential market.

 

[ripcityboy]

I wouldn't be surprised if one of the investors is from out of the country. A party who has his/her money outside of the US is just interesting in ownership similar to UEFA level football and the high profile it brings. It would be a way to guarantee the team stays in the city. Somebody from Dubai can't move the team to Dubai. Think about it.

 

[SlyPokerDog]

The Portland Trump Blazers!

 

[ripcityboy]

The Portland Trump Blazers!

You want our uniforms, Frito Lay style?