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  News  Hawks announced the sale of all equity, and Chinese bosses have noticed it
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Hawks announced the sale of all equity, and Chinese bosses have noticed it

ScarsportsScarsports—March 4, 20230

[Introduction] According to news from the “Atlanta Constitution Journal” on January 9, , the Hawks have officially announced that they will sell the equity of the team.
This team, which is currently progressing by leaps and bounds, is about to change hands.
It is reported that in addition to selling 100% of the team’s equity this time, the owners also agreed to sell the operating rights of the team’s home stadium, the Philips Center.

eagle

“The Atlanta Hawks have announced today that the owners have unanimously agreed to sell the team and the operating rights of the Philips Arena, and the relevant sales negotiations will take effect immediately.” The Eagles’ official Twitter said.

Similar to the previous change of ownership of the Los Angeles Clippers, Eagles owner Bruce Levenson also exposed racially discriminatory remarks.
In 2012, he made racist comments in a team email.
After the email was leaked, the league launched an independent investigation into the matter, and at the same time, former Hawks general manager Danny Ferry was suspended indefinitely.
After that, he began to plan for the sale of the team. At that time, he planned to sell 50.1% of the equity.
The consortium also reached a consensus that the latter two agreed to sell 32.3% and 17.6% of the shares of the Eagles in their respective hands, which means that all the shares of the Eagles will be transferred.
However, judging from the current situation in the NBA, selling the team will be a very cost-effective business.

The Los Angeles Clippers sold for a sky-high price of 2 billion U.S. dollars last year. In addition, the NBA just signed a huge TV broadcast agreement last year.
Several times, even ten times the price tag.

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In addition, the Eagles currently have an impressive record. In the latest power rankings, they became the Black Hawks and soared to the top of the league.
The team’s current record is 27 wins and 8 losses. It has won 6 consecutive victories and only lost 1 game in the last 10 games. It ranks first in the Eastern Conference and tied for second in the league.
The team chose to sell at this time, which is the period when the price is the highest.

The buyer of the Eagles is still unknown. It is reported that the potential acquirers of the Seattle consortium Thomas Tull and Chris Hansen hope to move the Eagles to Seattle, but an NBA spokesperson has since confirmed that the Eagles will not move.
another city.
In addition, the mayor of Atlanta previously revealed that there are Chinese among the owners who are interested in the Eagles.
According to external valuations, the sale price of the Eagles will exceed 600 million US dollars.

The long road ahead for Chinese owners to bid for NBA teams

The Chinese owner’s bid for the NBA team has also gone through a long journey. From the incident of Huang Jianhua’s investment in the Cavaliers, the incident of Yao Ming’s bid for the Clippers, and the incident of the Chinese owner’s bid for the Eagles, it can be seen that the Chinese have never given up on owning an NBA team.
s hard work.

The Clippers exposed the racial discrimination incident of former owner Sterling in April this year. As the incident intensified, Sterling gradually lost control of the Clippers and was eventually forced to choose to sell the team.
The initial valuation of the Clippers was 575 million US dollars, but the final purchase price of former Microsoft CEO Ballmer was as high as 2 billion US dollars.
Basketball superstar Yao Ming, boss Yao is estimated to be worth 3 billion yuan, but he “forms a group” to participate in the bidding is still completely competitive, and Yao Ming himself also maintains an ambiguous attitude towards this rumor. Obviously, Yao Ming formed a group to acquire quickly.
The boat incident is not groundless, but boss Yao did not become the new owner of the Clippers in the end.

In fact, in the process of participating in the bidding for the Clippers, there is also a Chinese boss, that is Chen Songxiong. It is reported that Chen Songxiong, who was born in a medical family, has personal assets of 10 billion US dollars. He is currently a minority shareholder of the Los Angeles Lakers.
Chen Songxiong has not received much attention from the media, and perhaps only has acquisition intentions.

Chinese fans have long wanted a Chinese to take charge of an NBA team. Do you still remember Huang Jianhua back then?
The latter was once rumored to have taken over the Cavaliers. It was even reported that Huang Jianhua’s first task after becoming the owner of the Cavaliers was to renew James’ contract, and then he would go all out to chase Yao Ming to join forces with the “Little Emperor”.
As the small owner of the Cavaliers, the NBA stated that Huang Jianhua has never been an equity owner of the Cavaliers or other NBA teams, and has never participated in the bidding of any NBA team.

But there is no dispute that Huang Jianhua does have a strong interest in acquiring a basketball team, and he also became the owner of a basketball team as he wished in 2009, but it was not an NBA team, but the CBA Jilin team. In 2009, he
Officially became the boss of the Jilin Men’s Basketball Team.

The topic turned back to the acquisition of the Eagles. The news that the Chinese owner participated in the bidding is by no means groundless. This is what Atlanta Mayor Kasim Reed said personally, but it is not easy for a Chinese to become the owner of an NBA team
As for the sale of the Eagles, as many as six buyers have announced their participation in the bid, including Dominique Wilkins, the famous Eagles “human film essence”, who has joined several consortiums to announce the competition.

But the NBA

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