Topic: 2022–23 PBA Commissioner&#039;s Cup - page 627. (Read 101716 times)

Quote from: LogitechMouse on July 16, 2020, 07:39:15 PM

Selling the team around Php150 million is unbelievable. Do someone in his right mind will buy this team at this much with it's current status?

What's happening right now is just for the short term and buying a franchise in PBA will be a long term.
Right now, many businessman are calling him to buy his franchise already. They don't care what is happening right now because businessmen always foresee the long term benefits of their decisions. I think that amount is fair already. Lets just wait for whoever will get the franchise.

It won't be long for that to settled, knowing that there are businessman who also wanted to join this league. 150M is not that huge to those billionaires if they see good value of money for long term advertisement, and for sure there are many privilege aside from getting your business a free media advertisements.

Let's wait for further development if this blackwater really serious in selling their franchise and who will be the bidders that will take place in case the process has been made.

Russlenat

hero member

Activity: 2716

Merit: 904

Selling the team around Php150 million is unbelievable. Do someone in his right mind will buy this team at this much with it's current status?

What's happening right now is just for the short term and buying a franchise in PBA will be a long term.
Right now, many businessman are calling him to buy his franchise already. They don't care what is happening right now because businessmen always foresee the long term benefits of their decisions. I think that amount is fair already. Lets just wait for whoever will get the franchise.

I guess that's fair, NBA team market valued is worth $1.9 billion, and the team Knicks is valued at $4 Billion per this report.

https://www.forbes.com/sites/kurtbadenhausen/2019/02/06/nba-team-values-2019-knicks-on-top-at-4-billion/#6b377e6ae667

Quote

The average NBA team is worth $1.9 billion, up 13% over last year and three times the level of five years ago.

not sure if we can use this figure to estimate the market value of the PBA, maybe the insiders know but I can't read it in public articles.

LogitechMouse

legendary

Activity: 2576

Merit: 1043

Need a Marketing Manager? |Telegram ID- @LT_Mouse

Quote from: Vaculin on July 16, 2020, 05:54:40 PM

Selling the team around Php150 million is unbelievable. Do someone in his right mind will buy this team at this much with it's current status?

What's happening right now is just for the short term and buying a franchise in PBA will be a long term.
Right now, many businessman are calling him to buy his franchise already. They don't care what is happening right now because businessmen always foresee the long term benefits of their decisions. I think that amount is fair already. Lets just wait for whoever will get the franchise.

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Thanks for the opinion anyway, that helps, I realized manny has MPBL so he would not venture with the PBA as it could be a conflict of interest.

That's the right definition on why Manny will not buy a team in the PBA, MPBL is his own league, they are a competitor of the PBA I guess, and that league is really getting more popular, it just stop just like the PBA due to the pandemic.

Quote from: Fredomago on July 16, 2020, 10:36:39 AM

Selling the team around Php150 million is unbelievable. Do someone in his right mind will buy this team at this much with it's current status?

I was thinking the price is just fair, lol... I have no idea on the average market value for a PBA team, including the SMB teams.

Vaculin

hero member

Activity: 2940

Merit: 613

Winding down.

Quote from: Fredomago on July 16, 2020, 10:36:39 AM

I guess a lot of business minded people will be interested with that.

Lots of team will likely to occupied and buy this franchise in case the owner is really serious to sell it out, I
remember Chocks to go owner wanted to join the PBA but haven't got the
franchise availability.

Hopefully as there's no reason the owner would still grow the team if he just like to sell it, and hopefully that statement would not affect its players and staff working for the team.

Quote from: Russlenat on July 16, 2020, 04:30:30 PM

I think Manny can acquire the team if he likes, was Manny still the owner of the KIA team in the PBA which is currently the colombyian DYIP?
Anyone know about this team? they always change but the last time I saw Manny was when he is with the KIA.

Not sure but if my memory recalls me way back, it's Mr. Jose Alvarez who own this franchise, but for sure Manny had the influenced
from this team, but after MPBL he haven't seen from the league anymore. If

Thanks for the opinion anyway, that helps, I realized manny has MPBL so he would not venture with the PBA as it could be a conflict of interest.

bisdak40

hero member

Activity: 2072

Merit: 542

DGbet.fun - Crypto Sportsbook

Selling of a team is not new in the PBA, it even happened in the NBA, so let's see who would be interested to by the team, maybe the team would improve under the new owner. I guess the owner was offended and at the same time maybe he is not happy with the team anymore as they have been tanking for many years already, so this timing just happen and I wish there would really interest the team and put their passion to improve Blackwater Elite.

I think now that this is an issue of ego. This is some sort of a counter attack to what sanction PBA might to the team for violating the protocol. The owner issued a statement saying he was bullied but with his actions, i think he is the bully.

I think @goinmerry is right, this team owner of Blackwater is arrogant. Selling the team around Php150 million is unbelievable. Do someone in his right mind will buy this team at this much with it's current status?

Russlenat

hero member

Activity: 2716

Merit: 904

Quote from: goinmerry on July 16, 2020, 02:47:59 PM

Blackwater is leaving the PBA. This might have something to do with Blackwater's alleged violation of quarantine protocols where the team return to practice prematurely.

https://www.spin.ph/basketball/pba/blackwater-selling-its-pba-franchise-for-p150-million-a793-20200715?ref=home_featured_2

Quote

I'm open to entertain interested parties as it's hard for me to continue supporting the PBA when my heart is no longer there.

Is the owner of the team serious?

I have read first in the social media news feeds that Blackwater Elite violated the PBA protocol to return practice even IATF already gave a go signal to some sports leagues that they can resume the practice. PBA has its own protocol before resuming the practice which is good. Allowing the practice should be on July 22 which is just few days to go. What the heck this team is thinking?

And now their team owner thinks he was offended because of the penalty so now he is now making sounds that he is offering the team on the sale.

I think this is more personal than financial issues. The league will truly hurt if the franchise will exit but PBA doesn't need this arrogant team owner to be part of the league. Let's wait for the progress of the story.

Selling of a team is not new in the PBA, it even happened in the NBA, so let's see who would be interested to by the team, maybe the team would improve under the new owner. I guess the owner was offended and at the same time maybe he is not happy with the team anymore as they have been tanking for many years already, so this timing just happen and I wish there would really interest the team and put their passion to improve Blackwater Elite.

goinmerry

legendary

Activity: 2940

Merit: 1083

Blackwater is leaving the PBA. This might have something to do with Blackwater's alleged violation of quarantine protocols where the team return to practice prematurely.

https://www.spin.ph/basketball/pba/blackwater-selling-its-pba-franchise-for-p150-million-a793-20200715?ref=home_featured_2

Quote

I'm open to entertain interested parties as it's hard for me to continue supporting the PBA when my heart is no longer there.

Is the owner of the team serious?

I have read first in the social media news feeds that Blackwater Elite violated the PBA protocol to return practice even IATF already gave a go signal to some sports leagues that they can resume the practice. PBA has its own protocol before resuming the practice which is good. Allowing the practice should be on July 22 which is just few days to go. What the heck this team is thinking?

And now their team owner thinks he was offended because of the penalty so now he is now making sounds that he is offering the team on the sale.

I think this is more personal than financial issues. The league will truly hurt if the franchise will exit but PBA doesn't need this arrogant team owner to be part of the league. Let's wait for the progress of the story.

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

I guess a lot of business minded people will be interested with that.

Lots of team will likely to occupied and buy this franchise in case the owner is really serious to sell it out, I
remember Chocks to go owner wanted to join the PBA but haven't got the
franchise availability.

I think Manny can acquire the team if he likes, was Manny still the owner of the KIA team in the PBA which is currently the colombyian DYIP?
Anyone know about this team? they always change but the last time I saw Manny was when he is with the KIA.

Not sure but if my memory recalls me way back, it's Mr. Jose Alvarez who own this franchise, but for sure Manny had the influenced
from this team, but after MPBL he haven't seen from the league anymore. If

Vaculin

hero member

Activity: 2940

Merit: 613

Winding down.

Blackwater is leaving the PBA. This might have something to do with Blackwater's alleged violation of quarantine protocols where the team return to practice prematurely.

https://www.spin.ph/basketball/pba/blackwater-selling-its-pba-franchise-for-p150-million-a793-20200715?ref=home_featured_2

Quote

I'm open to entertain interested parties as it's hard for me to continue supporting the PBA when my heart is no longer there.

Is the owner of the team serious?

I guess a lot of business minded people will be interested with that.
I think Manny can acquire the team if he likes, was Manny still the owner of the KIA team in the PBA which is currently the colombyian DYIP?
Anyone know about this team? they always change but the last time I saw Manny was when he is with the KIA.

LogitechMouse

legendary

Activity: 2576

Merit: 1043

Need a Marketing Manager? |Telegram ID- @LT_Mouse

Blackwater is leaving the PBA. This might have something to do with Blackwater's alleged violation of quarantine protocols where the team return to practice prematurely.

https://www.spin.ph/basketball/pba/blackwater-selling-its-pba-franchise-for-p150-million-a793-20200715?ref=home_featured_2

Quote

I'm open to entertain interested parties as it's hard for me to continue supporting the PBA when my heart is no longer there.

Is the owner of the team serious?

I've watched a video just hours ago and it also came from a reputable site (spin.ph) so this is true.

In the video I watched, the owner said that he isn't passionate with basketball anymore and if they will just be penalized with what they've done it would be better if they will just sell the franchise to other teams or companies. He will just focus on Boxing he said.

zhea

full member

Activity: 560

Merit: 101