Tsai Chongxin spent 2.35 billion to buy the Nets back then, so how much is the Nets worth now?

Mondo Sports Updated on 2024-02-26

Recently, it was said that Boss Tsai was going to sell the Nets and spend 23 from Tsai500 million to buy the Nets, almost 5 years now, the Nets according to the latest valuation of **sportico, the current market value of the Nets is nearly 4 billion US dollars, that is to say, Tsai Chongxin in just five years, relying on the appreciation of the Nets, can earn about 1.7-1.8 billion US dollars.

It doesn't look like it's going up much, but it doesn't include the Barclays Center, and the actual value transaction has not been completed, and the valuation will eventually be much lower than the actual transaction value, just like the Hornets can sell more than 3 billion, with a valuation of less than 20, not to mention that the Nets have a lot more market than the Hornets. In fact, the Nets' final trade value should be much higher than the valuation, so even if Boss Cai earns more than $2 billion, it is very possible.

So why is Tsai selling the Nets now?

In fact, it is a very simple truth, in the next 5 years or so, the popular stars have basically retired, the popularity of young players is definitely not as high as it is now, it is better to shoot now than to shoot at that time, the NBA is going to decline, it has almost reached the peak, the introduction of betting, so that everyone began to doubt more and more about the authenticity of the game competition, the idol, entertainment, motivation, and health of sports have degraded in the NBA.

Now that the global development of the NBA has basically reached the ceiling, in another three years at most, the real global high-quality idols will decline, and a generation of stars such as James, Curry, and Durant will retire, and the NBA will have a significant decline. Therefore, many NBA owners will take advantage of the contract in the past few years, the valuation has reached the historical peak, and the businessman is just to make money, and now the Nets are starting to make a profit, if you don't make a move, you have to buy players to build a team, the risk is greater, and now is the best time to make a move.

Tsai Chongxin is indecisive in handling things in the Nets, and he is not suitable to be the owner of the Nets, you look at how good the previous lineup was, not to mention because of Irving? In fact, there are problems with leadership and management, and now, Tsai Chongxin is the chairman of Alibaba, and Alibaba is too busy to take care of the NBA.

This Nets team from Garnett, Pierce, Delon, Joe Johnson, Lopez in 13 years to Durant, Deng, and Irving in 2019-2020 has failed, which is really unsatisfactory! #nba#

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