I was determined to be bad, but I went straight to the Basketball Hall of Fame

Chapter 496 How Do You Feel Like Cursing (5000 words)
On the phone, Min Congda and Silva were vague. At present, he does not want to share the resources of the Asian Youth Basketball Development Fund with the NBA-before he finds the logic and ideas of losing money.

Although the Basketball Development Foundation has not had any substantial results, and swallows a lot of money every year, it is not nothing.

As far as Min Congda learned while visiting the Goup Forum, the youth basketball training camps and summer and winter games organized by the foundation in some cities along the southeast coast have already had a great influence.

Because of a large amount of capital investment, high-standard training camp specifications, a sound competition system and a very professional competition organization, as well as high bonuses, more and more young people who love basketball have joined in, injecting more and more into the development of domestic basketball grassroots careers. A lot of vitality.

The oil pipe video behind the foundation is booming in the domestic streaming media industry. After obtaining the online media broadcast rights of some NBA games during the offseason last year, it expanded its domestic sports live broadcast business and started to compete with the traditional The TV sports live broadcasts are against each other, and they rub the domestic trendy sports live broadcasts and Baodao's future sports on the ground.

Youtube even used the Basketball Development Foundation to advertise aggressively and was the only designated endorser for the event.

In the commercial squares of many cities, there are open-air stadiums built by oil pipelines and foundations, and some events are held here to attract spectators.

The foundation went deep into primary and secondary schools, and paid for organizing some basketball games in primary and secondary schools, so as to standardize grassroots basketball games.

This year, YouTube has decided to increase the sponsorship fee of the foundation to 2000 million US dollars, allowing the organization to move towards cities in northern and western China and continue to expand its influence.

Min Congda was powerless to stop this point. The good news is that there are still no basketball geniuses unearthed, but there are some young star players who are not bad and have some influence in the small sports circle.

But according to the standards of the NBA, they are far from qualified. According to Fan Chen, only Lu Yuan is qualified.

But Min Congda really didn't see where he was qualified, but this kid is really interesting.

Now that Adam Silva sees that the foundation is developing well and looks good, he naturally wants to come in and get a share.

Min Congda didn't mind getting a piece of the pie, since he didn't expect to make money anyway.

He is afraid that the NBA official will intervene, really make it bigger and stronger, develop the Chinese market to a high degree, dig out talents, and get some benefits for the Clippers, wouldn't it blow up?

"No, I can't let Adam Silva mess with me...Unless, he can promise me to help me with the financing of the new arena..."

The most troublesome thing for Min Congda now is not the Clippers' triumphant record, nor is it the hot ball market brought by Lin Crazy, nor is it the Asian Youth Basketball Development Fund that is on the right track.

It was the most important plan in his mind, the funding issue of the "Efang Palace Project", which was the key to the bankruptcy plan.

At present, the Clippers have successfully won the Great Western Forum Arena and spent 3000 million US dollars in funds. All the previous employees have stayed and continue to pay them wages.

For the operation and development of the arena, the undertaking of activities, etc., the Clippers inherited the experience and model of the previous team, as well as the political resources of the Inglewood area.

Min Congda has led the establishment of a new arena construction planning working group to prepare for the approval and construction of the new arena.

The preliminary work is mainly divided into two lines, one is the approval line, which is mainly to win a piece of land near the Great Western Forum Arena for venue construction.

Min Congda handed over this line to Bauer and Richley. They connected with the original team of the Great Western Forum, and discussed and negotiated with the members of Inglewood.

Min Congda's request is very clear: solve all problems at any cost.

It is easy to talk about everything when you are rich, and you can build bridges when you meet mountains and rivers, and Min Congda has made a promise that in the future, workers on the construction site will recruit local voters selected by parliamentarians to create enough jobs for the Inglewood District. Lines are no problem.

One is the funding line. The Clippers need to raise enough funds. The budget plan given by Rosser is 6 million US dollars, and Min Congda doubled this figure-he asked for a budget of 12 billion!

If various taxes, insurance, employee wages, operating expenses and other expenses are included, the budget may reach 14 billion US dollars.

The Nets' latest construction of the Barclays Center cost only 17000 million U.S. dollars, and the number of seats in the Barclays Center is only more than [-], which is relatively small among many arenas.

Of course, the number of seats in the arena is not the only criterion for measuring the quality of the arena. In fact, some older arenas often have more seats.

However, some modern arenas are reducing the number of seats and spending money on improving the quality of watching games and the environment of the arena. Too many people is not a good thing.

Not Min Congda, as an adult he wants both!
He has to spend the most money to build the largest and most luxurious arena in the league, and he has to make the Clippers have enough debt.

In Min Congda's opinion, 6 million yuan is still too little. According to the current situation of the league's development and inflation, maybe after the arena is built, 6 million yuan in debt is not too much.

It's like buying a house in 2000, with a monthly loan of 3000 yuan, which seems a lot, because at that time, the job was only [-] yuan.

But after five, six, seven or eight years, the loan of 2000 a month is just a drizzle, just a sprinkling of water.

Min Congda, who was born in a bank, knows this, so he must fully pay his debts.

However, how can it be so easy to borrow money?Your team's assets are only over 4 million. If you want to borrow 15 billion to build an arena, who would be willing?

Unless the Clippers can win the championship and show enough market potential.

But how could Min Congda let the Clippers win the championship?

As a result, this has become a pair of insoluble contradictions, which has been bothering Min Congda recently.

Ballmer is rich, but his money did not come from strong winds, nor did he open a bank to lend usury.

And Ballmer is too rich, if he is introduced to the Clippers, it is almost impossible for the Clippers to go bankrupt.

This series of problems troubled Min Congda, and he couldn't help thinking that if the president of the alliance could help, he might have a chance to get a loan of 15 billion US dollars.

The league itself has a large amount of funds as the team's shared money. The team can borrow money if necessary, but the amount is limited.

Silva and Stern have met countless political and business people who may be able to provide sufficient resources.

After hanging up the phone, Min Congda pondered for a while:

"Now that Silva is the acting president, he definitely wants to achieve some development and achievements in his career, which is different from what Stern did before. Stern has already done a good job in the development of the international market. But to be honest in the Chinese market, after Yao Ming retires, the popularity will definitely continue to decline. Silva definitely wants to do more in-depth promotion and cooperation. And the Asian region is not only China, but also South Korea and Japan. My foundation is linked to Asia anyway. name."

"So, I will use this as a bargaining chip to exchange interests with Silva and ask him to provide me with financial support? This is a good idea."

After thinking about this point, Min Congda called Silva again, talking about the foundation, and the two had a chance to have a face-to-face meeting.

Silva said bluntly: "No problem, I'm going to Oklahoma City tomorrow to watch your game against the Thunder. Let's chat on the spot then."

"Okay, then it's settled."

One of the habits left by Stern is to go to watch NBA games live every week to inspect and feel the heat of the NBA arena.

It has been uninterrupted for more than 20 years, and Silva, as his successor, will naturally maintain this habit.

The Thunder and the Clippers are a focused match, and Silva chose this game to watch.

Of course, another purpose is to suppress Min Congda and give the referees a reassurance.

With the president of the league around, Silva thought that Min Congda would not dare to make a fuss, just watch the game with peace of mind.

The next day, Min Congda got up early, went to Los Angeles Airport, met the players, and went to Oklahoma City together.

It has been more than a month since he took a plane to watch an away game with everyone, and he feels very kind in his heart.

When he got on the plane, everyone in the cabin applauded and high-fived Min Congda, congratulating him on his return from ban.

Sitting in the seat he was familiar with, Min Congda felt at ease, and Sloan said to Min Congda: "Welcome back, Mr. Smart."

Min Congda smiled and said: "It feels good to be back. Everyone has performed very well recently. But, don't be too aggressive, don't work too hard, and enjoy basketball. Victory is not the only pursuit, understand?"

Hearing what he said, everyone didn't take it to heart, Mr. Smart is still so joking.

In fact, Min Congda was not joking, if you continue to win like this, I will have no pocket money at all.

Recently, Min Congda's salary for losing games is pitifully low. Originally, there were few games this season, and even if he lost less games, this salary is really worthless.

Fortunately, Apple's stock price began to enter an explosive period in February and March, directly rising to more than 2 yuan.

From more than 200 when I bought it at the beginning, the stock price has doubled in two years, and dividends will also be ushered in in August this year.

This investment is quite stable for Min Congda, so he has no worries.

The plane arrived in Oklahoma City very quickly, and Sloan naturally arranged everything properly.

The players don't have to worry about anything from the beginning to the end. When they get to the place, they follow the instructions to pick up their luggage, walk, get in the car, go to the hotel, get their room cards and rest.

The fool-like high-quality service throughout the whole process, Min Congda's money on Sloan is really not wasted.

In the afternoon, Min Congda followed the players to the home court in Oklahoma City. The energy center is also an old place that Min Congda is familiar with.

Even though it was the opponent's away game, it also made Min Congda feel very cordial.

In the evening, Min Congda sat courtside with Adam Silva, waiting for the game to start.

"The Chesapeake Energy Arena, which can accommodate 18203 people, was built in 2002 with a cost of 8920 million US dollars. It was originally named the Ford Center. This arena is too broken, and the cost is less than [-] million. No wonder you are sitting here watching The ball doesn't feel right."

Min Congda and Silva "complained", saying that it was uncomfortable to sit here and watch the game, and they didn't know why he was uncomfortable.

"Not every team has that much money to rent or build an arena. I heard that your budget for the arena is 12 billion US dollars. Is it too much? Does Sterling have that much money?"

"Boss Sterling certainly doesn't have that much money, but we can borrow money, but we haven't found a suitable financing channel yet. Adam, can you provide some advice?"

"My suggestion is, don't build such a luxurious arena. You are not a football team. The Dallas Cowboys Stadium only cost $12 billion."

The Dallas Cowboys Stadium was built in 2008. It is the home of the NFL Dallas Cowboys and once served as the home of the Dallas All-Stars.

When Min Congda went to watch the game, the gymnasium was really big. It could accommodate [-] spectators, five times that of the NBA.

This is determined by the nature of the game of rugby, and their stadium must be large enough.

The number of NFL games is much less than that of the NBA. There are only 16 games in the regular season, which is exactly one-fifth of the NBA.

In this way, the box office revenue of 16 games is almost the same as that of 82 games of NBA teams.

Coupled with higher ratings, the NFL's production value is much higher than the NBA.

"Dallas Cowboys only need 16 games to complete the box office revenue of 82 games in the NBA, because their stadium is so big! Think about it, if our Clippers' stadium is big enough and has enough seats, wouldn't it be possible to earn a lot more? ?”

Min Congda is talking nonsense on purpose here, 2 people is almost the limit of the number of spectators at a basketball game, because the basketball court is that big.

No matter how old you are, the people above can't see the movements of the players below at all, so it's better to watch TV at home.

And how can an NBA team have such a big influence, unless your team has five All-Stars, the popularity is not enough.

Silva shook his head and said: "You Clippers cannot support such a large arena and such a high debt. Even if you can win the championship, it will be difficult to support such a high debt ratio. There will be big problems, and then bankruptcy will be troublesome."

Min Congda thought to himself, I just want to go bankrupt!

"Adam, do you think the NBA has so much potential now? We still have a lot of room for development. As long as the increase is large enough, this little debt will eventually become an asset, which is nothing at all!"

Min Congda fooled Silva with his mouth, but this is indeed the truth.

In the period of rapid development, buying assets with high leverage and high debt will indeed greatly increase the value of your assets in the end.

This has been effectively verified in China's real estate market.

Min Congda's words really hit Adam Silva a bit. After he became the president, his goal is to bring faster development to the NBA.

Let players, let shareholders, earn more benefits, this purpose will not change.

As for the fans?What basketball dream, what pure basketball, all a little behind.

"Smart, in fact, I have always wanted to ask you a question." Silva thought for a while, and did not answer Min Congda directly, but changed the subject.

"I like women..."

"..."

"Don't be kidding, I seriously ask you. You are just the general manager of the Clippers. Why are you so keen on some things that the general manager should not do? For example, building a new arena. This is something the boss should consider."

This question really stumped Min Congda.

His motives cannot be shown, and many things he does do go beyond the scope of the general manager.

In addition, Sterling has been absent from various NBA activities all year round, and even the Clippers' daily operations can no longer see his shadow.

So in the past two years, many fans wondered, did Sterling sell the team to Min Congda?
Min Congda's power in the Clippers is so powerful that he is no different from the boss.

Now the new employees of the Clippers all regard Min Congda as their boss, but they don't know Sterling.

In addition, now that Min Congda is going to borrow money to build an arena, it is normal for Silva to feel strange.

Min Congda sighed, and said: "Mr. Sterling entrusted me with the full power of the team's management. Naturally, I have to think hard and think about it for the team. The Clippers are a small team. If they want to come from behind, they must spend a lot of money. That’s right. Look at the Warriors next door, the Hornets, and the Pistons. With a new boss, they are all moving forward. Of course, the Clippers must work hard to catch up.”

Silva didn't believe Min Congda's plan.

He approached Min Congda and whispered, "Smart, tell me, do you want to be the owner of the Clippers?"

Min Congda's tireless hacking of himself on NBA-batman is still effective.

Silva can't get rid of this account now, but thinks that many things mentioned above make sense.

He is very suspicious now that Min Congda wants to usurp Sterling's position, but Silva doesn't mind it.

After all, Sterling doesn't have a good reputation in the league. He runs a bad Clippers team all the year round, and he still loses money.

This kind of bad team is a headache for the president, because the income of strong teams is often used to subsidize bad teams, resulting in a deficit in the league.

If Min Congda can become the owner of the Clippers, with his great talent, he may be the next sign of the NBA.

Silva needed such a signboard, so he tested Min Congda with words.

Min Congda didn't deny it, just smiled, thinking that I'm still the boss, so I let myself go bankrupt?
But if you think about it carefully, it's not impossible to be a boss, although with his assets, he can only be a minority shareholder.

Because he once asked the system, if he invests in the team to obtain shares, can he get normal dividend income.

The system says yes, and if the team goes bankrupt, these shares will be returned along with the bankruptcy dividends.

This is also in line with the basic rules formulated by the system: income can only come from the team's three basic income and investment.

Investing in the Clippers is also an investment.

Min Congda also thought about investing in some technology companies.

In the end, I gave up, after all, it was an area I was not familiar with.

On the contrary, in the NBA, Min Congda is already an insider, and he is very familiar with it.

Seeing that Min Congda didn't speak, Silva smiled meaningfully. At this moment, the game is about to start.

"Smart, think about it carefully. If you become the owner of the Clippers, 12 billion may not be a problem. After all, your work in the past two years is still worthy of recognition."

As the game approached, the scene became more and more noisy, and it was no longer suitable for chatting.

Silva's words echoed in Min Congda's ears, which was obviously praising Min Congda, saying that he is a person worth investing in.

If he is just the general manager, many people are unwilling to borrow money.

If he is a shareholder, there must be many people willing to borrow money.

Listening to what Silva praised him, Min Congda thought to himself: "Why do I feel like I'm swearing?"

(End of this chapter)