This is now the second NFL minority ownership purchase we have seen discounted. The Brady - LV deal was under what the team is valued at and now we have this deal where Tom Gores is only paying $750 million for 27% of the team at a value of $4 billion when the value is $5.83 billion. What are yalls feelings about this type of thing?
Interesting. It's hard to glean if this is really a steep discount or not. We don't know the voting rights, profit sharing that come attached. There could be adjacent revenue streams that are included in the total valuation but that this stake doesn't have access to.
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Yeah there were more details about Brady's like the check that was cut to the rest of the owners for him to buy in. Brady 110% got the celeb/legend discount though that helped out.
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That makes sense though. Brady being an owner and being able to be the brand ambassador for the team, theoretically brings the team a lot of value.
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Thanks for sharing
Same guy owns the pistons
Non controlling share
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