1- Chooks-to-Go
Bounty Agro Ventures
(the company behind Chooks-To-Go) has been involved in organizing the basketball league here in the country that started in just few years back.
The notable one is the 3-on-3 basketball league on which they accompanied the
"Samahang Basketbol ng Pilipinas (SBP)". They also organized a Slam Dunk contest that features some of the high flyers David Carlos, Jalen Green and Kobe Paras.
FIBA even recognized the Chooks-to-Go Pilipinas 3x3 as a Quest level competition which means that the winner of the Cup automatically qualifies for the FIBA 3x3 World Tour. So in terms of reputation, they are highly known.
I hope they are the next company who will acquired a team in PBA. My 2nd is SM Prime Holdings. No need for another SMC or MVP group.
I also see this Chooks-to-Go, they are very active in supporting the sports of basketball in the Philippines, I think even in international competition if I am not mistake. Also, they will benefit more with the advertisement as they needed that compared to SM whom people already know they exist as they are very in the Philippines due to their SM Malls.
Sy siblings; US$17.2 billion
That's a lot of money, that's equivalent to "PHP 847,806,773,786.24", they can spend for PHP 150 million to buy the team if they want to, even more.