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Basketball

ProfessorGAC

(73,105 posts)

1. Getting Out At Perceived Max Value?

Reply to RandySF (Original post)

Tue May 20, 2025, 08:04 PM

May 20

Pay $10 million, sell for $80 million. Eightfold increase in value in 23 years.
They may see that as a better play than the annual profits from an 8,400 seat arena in a small market.
Even if profitable, it would take a long time to make that kind of return.

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Owners of WNBA's Connecticut Sun Weighing Potential Sale, Relocation [View all] RandySF May 13 OP

Getting Out At Perceived Max Value? ProfessorGAC May 20 #1