Clippers are in disarray. Lakers are in some sort of quasi retool. For the purposes of this thread, Lakers are up in rings, 1-0, and have more movable assets. Lakers have also been much more profitable (not a fan concern), but that will change with Intuit Dome. _________________ On Lakersground, a concern troll is someone who is a fan of another team, but pretends to be a Lakers fan with "concerns".
Clippers are in disarray. Lakers are in some sort of quasi retool. For the purposes of this thread, Lakers are up in rings, 1-0, and have more movable assets. Lakers have also been much more profitable (not a fan concern), but that will change with Intuit Dome.
Same..what I'm worried about in future free agencies, players will want to head there to play. Heard the Bruno Mars concert there recently was a hit.
Clippers are in disarray. Lakers are in some sort of quasi retool. For the purposes of this thread, Lakers are up in rings, 1-0, and have more movable assets. Lakers have also been much more profitable (not a fan concern), but that will change with Intuit Dome.
Same..what I'm worried about in future free agencies, players will want to head there to play. Heard the Bruno Mars concert there recently was a hit.
The Lakers brand is still the best when it comes to cross marketing for superstars. The fanbase is huge and global. The Intuit dome isn't going to change that. But for players below that top tier, I think we're not going to be popular going forward. We've treated players as disposable, and our current leadership has made a habit of pointing the finger at others for their failures. We also don't invest as much as other teams in staff infrastructure.
Add all of that to a brutal state income tax, and there are going to be players that don't jive with the Lakers experience. _________________ Los Angeles Lakers Leadership: Jeanie Buss, Robert Pelinka, Kurt Rambis, LeBron James, Rich Paul.
Clippers are in disarray. Lakers are in some sort of quasi retool. For the purposes of this thread, Lakers are up in rings, 1-0, and have more movable assets. Lakers have also been much more profitable (not a fan concern), but that will change with Intuit Dome.
They are going to need to raise ticket prices by a lot to cover that $2 billion. After the shine wears off are people going to keep wanting to pay?
Joined: 14 Apr 2001 Posts: 145017 Location: The Gold Coast
Posted: Sat Aug 24, 2024 9:02 am Post subject:
ducasse wrote:
Dr. Laker wrote:
Clippers are in disarray. Lakers are in some sort of quasi retool. For the purposes of this thread, Lakers are up in rings, 1-0, and have more movable assets. Lakers have also been much more profitable (not a fan concern), but that will change with Intuit Dome.
They are going to need to raise ticket prices by a lot to cover that $2 billion. After the shine wears off are people going to keep wanting to pay?
Basketball revenue from Intuit will be a small part of total revenue. Look how much they just made from 3 nights of Bruno Mars. $300 a ticket adds up real fast. Throw in the Forum and rents from the properties surrounding the dome ($30,000 a month or more) and the Clipper revenue is just one piece of the pie. And if their club is approved so that they can stay open and serve alcohol until 4 am, every high roller coming to LA will be there. _________________ RIP mom. 11-21-1933 to 6-14-2023.
Joined: 24 Dec 2007 Posts: 36540 Location: Santa Clarita, CA (Hell) ->>>>>Ithaca, NY -≥≥≥≥≥Berkeley, CA
Posted: Sat Aug 24, 2024 10:22 am Post subject:
ducasse wrote:
Dr. Laker wrote:
Clippers are in disarray. Lakers are in some sort of quasi retool. For the purposes of this thread, Lakers are up in rings, 1-0, and have more movable assets. Lakers have also been much more profitable (not a fan concern), but that will change with Intuit Dome.
They are going to need to raise ticket prices by a lot to cover that $2 billion. After the shine wears off are people going to keep wanting to pay?
Ballmer is worth $123 billion, so he can afford to use the Clippers as a loss leader. _________________ Damian Lillard shatters Dwight Coward's championship dreams:
Clippers are in disarray. Lakers are in some sort of quasi retool. For the purposes of this thread, Lakers are up in rings, 1-0, and have more movable assets. Lakers have also been much more profitable (not a fan concern), but that will change with Intuit Dome.
They are going to need to raise ticket prices by a lot to cover that $2 billion. After the shine wears off are people going to keep wanting to pay?
Basketball revenue from Intuit will be a small part of total revenue. Look how much they just made from 3 nights of Bruno Mars. $300 a ticket adds up real fast. Throw in the Forum and rents from the properties surrounding the dome ($30,000 a month or more) and the Clipper revenue is just one piece of the pie. And if their club is approved so that they can stay open and serve alcohol until 4 am, every high roller coming to LA will be there.
Not just that but the value of the real estate is going to go up astronomically once the neighborhood is fully re-imagined. _________________ KOBE
Clippers are in disarray. Lakers are in some sort of quasi retool. For the purposes of this thread, Lakers are up in rings, 1-0, and have more movable assets. Lakers have also been much more profitable (not a fan concern), but that will change with Intuit Dome.
They are going to need to raise ticket prices by a lot to cover that $2 billion. After the shine wears off are people going to keep wanting to pay?
Basketball revenue from Intuit will be a small part of total revenue. Look how much they just made from 3 nights of Bruno Mars. $300 a ticket adds up real fast. Throw in the Forum and rents from the properties surrounding the dome ($30,000 a month or more) and the Clipper revenue is just one piece of the pie. And if their club is approved so that they can stay open and serve alcohol until 4 am, every high roller coming to LA will be there.
Not just that but the value of the real estate is going to go up astronomically once the neighborhood is fully re-imagined.
Word is the current occupants of Inglewood are not too happy with the gentrification from the Intuit Dome and Sofi Stadium.
Clippers are in disarray. Lakers are in some sort of quasi retool. For the purposes of this thread, Lakers are up in rings, 1-0, and have more movable assets. Lakers have also been much more profitable (not a fan concern), but that will change with Intuit Dome.
They are going to need to raise ticket prices by a lot to cover that $2 billion. After the shine wears off are people going to keep wanting to pay?
Basketball revenue from Intuit will be a small part of total revenue. Look how much they just made from 3 nights of Bruno Mars. $300 a ticket adds up real fast. Throw in the Forum and rents from the properties surrounding the dome ($30,000 a month or more) and the Clipper revenue is just one piece of the pie. And if their club is approved so that they can stay open and serve alcohol until 4 am, every high roller coming to LA will be there.
Not just that but the value of the real estate is going to go up astronomically once the neighborhood is fully re-imagined.
Word is the current occupants of Inglewood are not too happy with the gentrification from the Intuit Dome and Sofi Stadium.
Joined: 24 Dec 2007 Posts: 36540 Location: Santa Clarita, CA (Hell) ->>>>>Ithaca, NY -≥≥≥≥≥Berkeley, CA
Posted: Sat Aug 24, 2024 7:16 pm Post subject:
lakersken80 wrote:
jonnybravo wrote:
venturalakersfan wrote:
ducasse wrote:
Dr. Laker wrote:
Clippers are in disarray. Lakers are in some sort of quasi retool. For the purposes of this thread, Lakers are up in rings, 1-0, and have more movable assets. Lakers have also been much more profitable (not a fan concern), but that will change with Intuit Dome.
They are going to need to raise ticket prices by a lot to cover that $2 billion. After the shine wears off are people going to keep wanting to pay?
Basketball revenue from Intuit will be a small part of total revenue. Look how much they just made from 3 nights of Bruno Mars. $300 a ticket adds up real fast. Throw in the Forum and rents from the properties surrounding the dome ($30,000 a month or more) and the Clipper revenue is just one piece of the pie. And if their club is approved so that they can stay open and serve alcohol until 4 am, every high roller coming to LA will be there.
Not just that but the value of the real estate is going to go up astronomically once the neighborhood is fully re-imagined.
Word is the current occupants of Inglewood are not too happy with the gentrification from the Intuit Dome and Sofi Stadium.
There are so many KPop concerts in Inglewood these days between the Kia Forum, YouTube Theater, and SoFi stadium. I go there frequently these days. _________________ Damian Lillard shatters Dwight Coward's championship dreams:
If Clippers were the B team, then Lakers have been the B+ team at best. Not an A team imo. Actually, last season we finished worse than the Clippers in the standing so if Clippers were B team, then maybe Lakers were C team. I want an A this season.
From the time AD/Bron and Kawhi/Pg formed the Clippers won a total of 5 playoff series
The lakers won a ring, won the tournament, won more series, had better attendance and revenue, made only one conference finals, and Bron/AD also played in more games
Pelinka and Jeanie were better at their actual job and results than Balmer, West, and Frank. Even the decision not to hire Lue doesn’t look as a bad for Pelinka when Frank won a title and Lues only won 4 series all these years. Add
Add in the fact Ham won 3 series 😂 and they still had to pay Doc much like the lakers had to pay Ham and Frank
Bron and AD are both still here , PG left, their draft capital is gone, SGA is better than Ingram/Ball/Hart all together, and Kawhi is often injured. And again if JJ wins 4 series or makes a conference finals in 5 years he too will have accomplished what Lue has with the clippers
Clippers are in disarray. Lakers are in some sort of quasi retool. For the purposes of this thread, Lakers are up in rings, 1-0, and have more movable assets. Lakers have also been much more profitable (not a fan concern), but that will change with Intuit Dome.
They are going to need to raise ticket prices by a lot to cover that $2 billion. After the shine wears off are people going to keep wanting to pay?
Basketball revenue from Intuit will be a small part of total revenue. Look how much they just made from 3 nights of Bruno Mars. $300 a ticket adds up real fast. Throw in the Forum and rents from the properties surrounding the dome ($30,000 a month or more) and the Clipper revenue is just one piece of the pie. And if their club is approved so that they can stay open and serve alcohol until 4 am, every high roller coming to LA will be there.
Of course, none of that revenue can go to payroll, but it will fund support staff and facilities, etc.
The Mavs will be the next team to do a new super building. _________________ On Lakersground, a concern troll is someone who is a fan of another team, but pretends to be a Lakers fan with "concerns".
Hey at least we also got a severely needed new video display at the Crypt, nothing to compare to the Dome's halo display however.
I think till now we had the oldest main scoreboard in the league as it hadn't been replaced since the season following Game 7 vs. Boston.
Lakers are staying at Staples Center until 2041, after that they should seriously consider a new building.
Yes post Buss era tech billionaire $$$ please but would they keep the team in footprint of the current arena or leave the immediate area for there own Lakers Live community.
Buss family can never afford nor have the motivation to build a Laker only arena.
They can certainly afford it - they own a 6+ billion dollar asset free & clear, along with a huge cash reserve. What they probably won't do is agree to mortgage the team to build one. Jeanie has decades of experience running The Forum and monetizing it to the max, but at 63, she may not have the energy and the younger brothers were not involved with running the Forum. _________________ On Lakersground, a concern troll is someone who is a fan of another team, but pretends to be a Lakers fan with "concerns".
PG felt disrespected by the Clippers because they didn't offer him the Kawhi extension. _________________ On Lakersground, a concern troll is someone who is a fan of another team, but pretends to be a Lakers fan with "concerns".
Buss family can never afford nor have the motivation to build a Laker only arena.
They can certainly afford it - they own a 6+ billion dollar asset free & clear, along with a huge cash reserve. What they probably won't do is agree to mortgage the team to build one. Jeanie has decades of experience running The Forum and monetizing it to the max, but at 63, she may not have the energy and the younger brothers were not involved with running the Forum.
I wouldn't want to bet on that.
The Buss Trust is asset rich (i.e. the Lakers), but that doesn't mean the Buss family has a lot of cash.
remember, it was only 6-8 years or so ago that Jimbo was trying to sell the team out from under the rest of the Buss kids because he was having financial difficulties.
Since some of the Buss kids are apparently dependent on the Lakers for their yearly income, it'd probably be hard to convince all of them to invest $billions into a self built stadium. Same thing WRT financing it, since the payments for a loan would have to come out of Lakers revenue, reducing their dividends _________________ LBJ + AD = More rings
Never argue with a fool - listeners can't tell you apart
Wilt's unstoppable fadeaway: www.youtube.com/watch?v=8O9MgNfcGJA
NPZ's Magic Johnson mix: www.youtube.com/watch?v=q8Qbo0WqvOI
Buss family can never afford nor have the motivation to build a Laker only arena.
They can certainly afford it - they own a 6+ billion dollar asset free & clear, along with a huge cash reserve. What they probably won't do is agree to mortgage the team to build one. Jeanie has decades of experience running The Forum and monetizing it to the max, but at 63, she may not have the energy and the younger brothers were not involved with running the Forum.
I wouldn't want to bet on that.
The Buss Trust is asset rich (i.e. the Lakers), but that doesn't mean the Buss family has a lot of cash.
remember, it was only 6-8 years or so ago that Jimbo was trying to sell the team out from under the rest of the Buss kids because he was having financial difficulties.
Since some of the Buss kids are apparently dependent on the Lakers for their yearly income, it'd probably be hard to convince all of them to invest $billions into a self built stadium. Same thing WRT financing it, since the payments for a loan would have to come out of Lakers revenue, reducing their dividends
Mortgage payments would come out of the revenues of the building (including any rent that the Lakers charge themselves) and not impact team finances.
The downsides for the Buss family are:
1 - management of the venue is a bear and added work,
2 - LA County has a ton of "new-ish" venues of all sizes already - and Crypto ain't going away,
3 - the long term benefit of owning a building really only accrues to Joey and Jesse. It's a dead man's trust, so as Jimmy, Jonny, Jeanie & Janie die, their kids won't inheret anything from the trust. That's why Jimmy & Jonny want to sell - they'll be able to leave a much bigger legacy for their kids. _________________ On Lakersground, a concern troll is someone who is a fan of another team, but pretends to be a Lakers fan with "concerns".
Joined: 13 Jan 2002 Posts: 8074 Location: Lake Forest
Posted: Mon Sep 16, 2024 12:22 pm Post subject:
Dr. Laker wrote:
It's a dead man's trust, so as Jimmy, Jonny, Jeanie & Janie die, their kids won't inheret anything from the trust. That's why Jimmy & Jonny want to sell - they'll be able to leave a much bigger legacy for their kids.
What exactly does a dead man's trust mean? Last standing gets everything?
Buss family can never afford nor have the motivation to build a Laker only arena.
They can certainly afford it - they own a 6+ billion dollar asset free & clear, along with a huge cash reserve. What they probably won't do is agree to mortgage the team to build one. Jeanie has decades of experience running The Forum and monetizing it to the max, but at 63, she may not have the energy and the younger brothers were not involved with running the Forum.
I wouldn't want to bet on that.
The Buss Trust is asset rich (i.e. the Lakers), but that doesn't mean the Buss family has a lot of cash.
remember, it was only 6-8 years or so ago that Jimbo was trying to sell the team out from under the rest of the Buss kids because he was having financial difficulties.
Since some of the Buss kids are apparently dependent on the Lakers for their yearly income, it'd probably be hard to convince all of them to invest $billions into a self built stadium. Same thing WRT financing it, since the payments for a loan would have to come out of Lakers revenue, reducing their dividends
Mortgage payments would come out of the revenues of the building (including any rent that the Lakers charge themselves) and not impact team finances.
The downsides for the Buss family are:
1 - management of the venue is a bear and added work,
2 - LA County has a ton of "new-ish" venues of all sizes already - and Crypto ain't going away,
3 - the long term benefit of owning a building really only accrues to Joey and Jesse. It's a dead man's trust, so as Jimmy, Jonny, Jeanie & Janie die, their kids won't inheret anything from the trust. That's why Jimmy & Jonny want to sell - they'll be able to leave a much bigger legacy for their kids.
1. assuming that you can make enough $$ off events to pay for it. The construction loan would also have to be guaranteed by something tangible - i.e. the Lakers income, since the trust owns the Lakers per se and ownership of that can't be mortgaged.
2. that may have been part of the goal, but the way Jeannie's lawyer got Jimbo to drop out of being the manager of the Buss Trust was because the lawyer was going to subpoena Jimbo's finances because they knew he was near bankrupt. Without going back to look it all up again, there was either a rule or a law that someone who is bankrupt can't manage the trust. Jimbo (and Johnny) dropped out after that threat from Jeannie's lawyer.
Word was that Jimbo had invested in a bunch of properties that were underwater and about to be foreclosed on. i.e. he needed big money right now.
Also, given the infighting between the Buss kids, it's unlikely that they'd ever be able to get everyone of them to agree to something like a new arena. It's more likely that if something like that was done, it'd have to be 1 (or a few) of them with outside partners. That'd definitely put this outside the Buss Family Trust and just make it a separate business. That would be a whole other can of worms wrt conflicts of interest concerns and other legal issues. _________________ LBJ + AD = More rings
Never argue with a fool - listeners can't tell you apart
Wilt's unstoppable fadeaway: www.youtube.com/watch?v=8O9MgNfcGJA
NPZ's Magic Johnson mix: www.youtube.com/watch?v=q8Qbo0WqvOI
It's a dead man's trust, so as Jimmy, Jonny, Jeanie & Janie die, their kids won't inheret anything from the trust. That's why Jimmy & Jonny want to sell - they'll be able to leave a much bigger legacy for their kids.
What exactly does a dead man's trust mean? Last standing gets everything?
yep. Probably either Jesse or Joey, who are 36 & 39
the older Buss kids were with Jerry's first wife, and are much older - Johnny 67, Jimbo 64, Jeannie 62, Janie 60.
So, eventually 100% ownership of the Lakers will go to either Jesse or Joey. _________________ LBJ + AD = More rings
Never argue with a fool - listeners can't tell you apart
Wilt's unstoppable fadeaway: www.youtube.com/watch?v=8O9MgNfcGJA
NPZ's Magic Johnson mix: www.youtube.com/watch?v=q8Qbo0WqvOI
Joined: 14 Apr 2001 Posts: 145017 Location: The Gold Coast
Posted: Mon Sep 16, 2024 5:31 pm Post subject:
P.K. wrote:
LakersRGolden wrote:
Dr. Laker wrote:
It's a dead man's trust, so as Jimmy, Jonny, Jeanie & Janie die, their kids won't inheret anything from the trust. That's why Jimmy & Jonny want to sell - they'll be able to leave a much bigger legacy for their kids.
What exactly does a dead man's trust mean? Last standing gets everything?
yep. Probably either Jesse or Joey, who are 36 & 39
the older Buss kids were with Jerry's first wife, and are much older - Johnny 67, Jimbo 64, Jeannie 62, Janie 60.
So, eventually 100% ownership of the Lakers will go to either Jesse or Joey.
One of the original trust members, Doc’s ex, has already passed. I assume that her portion was split amongst the survivors but I don’t know that for sure. _________________ RIP mom. 11-21-1933 to 6-14-2023.
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