Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: are here illegally, your next you will be fined nearly
Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
Speaker 1: never return. But if you register using our CBP home
Speaker 1: app and leave now, you could be allowed to return legally.
Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
Speaker 1: border and families will be protected.
Speaker 2: Sponsored by the United States Department of Homeland Security.
Speaker 3: Michael Michael, Jeffrey, Billy Got Man. Billy got so many
Speaker 3: different things. Man you know has done so much as
Speaker 3: far as culture, sports, business, you know, just an iconic
Speaker 3: person all the way around. So he purchased the Charlotte Bobcats. Yes,
Speaker 3: at the time, they were called the Charlotte Bobcats. Twenty
Speaker 3: ten and they were called the Charlotte Bobcats because Rob Johnson,
Speaker 3: Bob Johnson, the owner, former owner of BT who shot
Speaker 3: to Tyler Perry. He just purchased BT. He named the
Speaker 3: team and then they renamed it to the Charlotte Hornets.
Speaker 3: They named it because after him. That's what I'm saying.
Speaker 3: His name, his name is Bob. Name the Bobcats, and
Speaker 3: then you know, they bought it. They changed it to
Speaker 3: the Charlotte.
Speaker 4: Which was an existent franchise in New Orleans but originally
Speaker 4: started Charlotte.
Speaker 3: And that hasn't really worked out. They haven't really been
Speaker 3: too good at all. They had a few good years
Speaker 3: with Kimba was there the.
Speaker 4: Early years with Jerald Willa's Stephen Jackson. They made the playoffs,
Speaker 4: but it's been downhill. The great investment for him though.
Speaker 3: Yeah, But so he brought the team for one hundred
Speaker 3: and eighty and sold it sold for three billion. Now
Speaker 3: he doesn't get all three billion because he wasn't the
Speaker 3: only owner in it, but he was majority owner. So
Speaker 3: he's gonna walk away with a nice paycheck.
Speaker 2: Yeah, so just really quick.
Speaker 4: So people understand that he bought sixty five percent majority
Speaker 4: state from Bob Johnson in twenty ten, right, so that
Speaker 4: was one hundred and eighty million dollars investment. Now the
Speaker 4: reports are saying that it's sold for three billion, so right,
Speaker 4: he doesn't get three billion, right, he owned sixty five
Speaker 4: percent of that, But then in twenty nineteen he also
Speaker 4: sold shares of it. So let's say it got diluted
Speaker 4: down to sixty percent. Even with this sale, he's still
Speaker 4: going to be a minority owner owner. It's just not
Speaker 4: a just gave up his majority stake. So let's say
Speaker 4: he sold fifty percent of it. Let's say he kept
Speaker 4: a ten percent steak ten percent, so that means he
Speaker 4: has a He let go of forty percent of his ownership,
Speaker 4: forty percent of.
Speaker 2: Three billion till one point two. That's a hell of
Speaker 2: a win's that's one point fourteen.
Speaker 5: Like you we were talking about like not in the
Speaker 5: major city and to get this kind of return in
Speaker 5: a few years, I mean we talked about it a
Speaker 5: couple of weeks ago. But Gabe a kudos to him, ploking.
Speaker 5: He's a huge venture Capital guy. But also like Jake
Speaker 5: Colet ends up being a minority. That's that's the dope
Speaker 5: part of it.
Speaker 4: And I was like, this, amazing, that's the dope part
Speaker 4: of shark gresson North Carolina guy. But that's one hundred
Speaker 4: and eighty million dollars that'stment in twenty ten is now
Speaker 4: worth one point two billion in twenty twenty three.
Speaker 2: The power of a.
Speaker 5: Long term holder, that's the only thing I thought. It was, like,
Speaker 5: the longer you hold any asset class, the higher the
Speaker 5: yield it's going to be, especially when you factor inflation.
Speaker 5: Like imagine if you were the own part of the
Speaker 5: Lakers with the exit would have been.
Speaker 3: But then also, we live in a world where everything
Speaker 3: goes up. So you have one barrel apartment in Manhattan
Speaker 3: selling for one point three million dollars, like you know
Speaker 3: what I mean. So it's like buy real estate, is
Speaker 3: going to go up, by good stocks, is going to
Speaker 3: go up, by a sports franchise. It's going to go
Speaker 3: buy something that has value, and it's going to go up.
Speaker 3: And you know, some things go up higher than others.
Speaker 3: But that's just you know, in the simplest sixth grade explanation,
Speaker 3: buy good investments over the course of time, hold them
Speaker 3: and you will be able to sell out a profit.
Speaker 4: Yeah, And there's a difference between the investment and the
Speaker 4: performance of the team. Right, So people look like they've
Speaker 4: never been good will people go into games? But were
Speaker 4: people watching the NBA where the TV rights deals going
Speaker 4: up during that time? Right, So when they talk about
Speaker 4: profit sharing, that goes to all the teams. Right, and
Speaker 4: we're talking about licensing deals. Anytime you know, Jordan's involved
Speaker 4: with something, I mean alone, his name alone is strong.
Speaker 4: But this is this is one of those those times
Speaker 4: it's like wow.
Speaker 3: But then also this goes back to the real estate
Speaker 3: situation where your neighborhood is more important than the actual
Speaker 3: house a lot of times, because like, you can have
Speaker 3: the best house, but if it's in a bad neighborhood,
Speaker 3: the appreciation is not going to be that much. You
Speaker 3: can have a decent home and never really do anything
Speaker 3: to it, but if it's in a great neighborhood, then
Speaker 3: the house is just valuable just because like the worst
Speaker 3: home in Beverly Hills costs more than the best home
Speaker 3: in a middle class neighborhood, even if it's not even
Speaker 3: a good home, because where it's at somebody will just
Speaker 3: tear it down just for the land. So it's like
Speaker 3: the same thing with the NBA, Like it doesn't matter
Speaker 3: NBA NFL what Yeah, just because you're in a league
Speaker 3: that has such value and it's going up over the
Speaker 3: course of time. You have the worst team, your team
Speaker 3: is still valuable.
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Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christine Nohm, the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest level ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: were here illegally, your next you will be fine nearly
Speaker 1: one thousand dollars a day, imprisoned and deported, you will
Speaker 1: never return. But if you register using our CBP home
Speaker 1: app and leave now, you could be allowed to return legally.
Speaker 1: Do what's right.
Speaker 3: Leave now.
Speaker 1: Under President Trump, America's laws, border and families.
Speaker 2: Will be protected. Sponsored by the United States Department of
Speaker 2: Homeland Security.
Speaker 4: It's why the Knicks are the number two most valuable team.
Speaker 4: They haven't because where are they located? Where did they play?
Speaker 4: They play in the middle of Manhattan, they play in
Speaker 4: New York City. I mean it's prominently and you know,
Speaker 4: massive square garden he holds.
Speaker 2: What would he get for it?
Speaker 4: I mean if Charlie so for three billion, and I
Speaker 4: think the number one evaluated team right now is Golden
Speaker 4: State and that's because of the recent history of winning.
Speaker 4: Is that like I think seven billion or six maybe
Speaker 4: six billion. I mean, if they ever for New York
Speaker 4: for the next is I'm thinking we're going double digits.
Speaker 4: I think we're going double It's got to be over
Speaker 4: ten today. Yeah, over ten for sale. Okay, the Sun
Speaker 4: sold last season for four billion.
Speaker 2: It's a good point.
Speaker 4: So right, Lakers, you put a couple franchises in there,
Speaker 4: Lakers would be up there. Knicks Celtics maybe, uh, definitely
Speaker 4: the Lakers and the Knicks. I think double digit billion valuation.
Speaker 5: And the reason why we're talking about this it's really
Speaker 5: important to know the evaluation of everything. Like the first
Speaker 5: time I went to F one, and I've now been
Speaker 5: watching the Racist, there are some money and those like.
Speaker 2: Wait, the car costs how much?
Speaker 5: And their pit crew a certain amount of millions, like
Speaker 5: I was playing Hitman le Xander, like last year. That
Speaker 5: was the first time I ever knew about F one.
Speaker 5: So to then go and see the business behind it,
Speaker 5: Like once you understand the evaluations of these teams, now
Speaker 5: they're looking a hole for the same team cycle.
Speaker 4: It's the reason why you see people fighting to get
Speaker 4: an NBA team in Las Vegas. Yeah, it's the reason
Speaker 4: why you see somebody trying to bring a franchise back
Speaker 4: to Seattle. Like Stan Hanky, who just won a championship
Speaker 4: with the Nuggets. That's great, but that's his NBA team.
Speaker 4: You know who His NFL team is, the La rent Right,
Speaker 4: he won a Super Bowl with them a couple of
Speaker 4: years ago. Just won an NBA championship right in Denver.
Speaker 4: And now he's looking at like what other sports league
Speaker 4: he owns? The Colorado Avalanche. They've won a Stanley Cup
Speaker 4: over the past ten years, and so he's taking care.
Speaker 4: He's just not looking at it like, wait, I have
Speaker 4: a franchise in Denver, let me stay in Denver. He's
Speaker 4: looking at it like where's the best place for me
Speaker 4: to own a franchise. Now his next thing they're saying
Speaker 4: is like he's looking to bring football back to San
Speaker 4: Diego or bring an NBA team to San Diego, a
Speaker 4: great sports town that lost the Chargers, right, they haven't
Speaker 4: had a professional basketball team maybe ever.
Speaker 2: And so they're looking at these cities.
Speaker 4: Seattle is another city to have basketball history, how do
Speaker 4: we get it back? And so now having franchises in
Speaker 4: different cities and different sports. This is bigger than just like, hey,
Speaker 4: I'm fan of the team. Now, this is a business
Speaker 4: transactions business behind that. And these same people that are
Speaker 4: investing in owning these teams. Homework assignment number two, go
Speaker 4: do some research on them to see what their investment
Speaker 4: philosophy is. Because if he was able to win titles
Speaker 4: in multiple sports, there's a philosophy that he has on
Speaker 4: ownership and turning the team around.
Speaker 2: Please gonna study that.
Speaker 5: To help you in your investment journey so you can
Speaker 5: print more games in the market.
Speaker 3: But James Dolan, and he's probably one of the best
Speaker 3: in business that we've ever seen because the Knicks, the Rangers,
Speaker 3: but Madison Square Garden owns Square Garden. Yeah, So I mean,
Speaker 3: you can say what you want about him, but my
Speaker 3: commentation is only the next not No, I'm just saying
Speaker 3: a lot of people, you know, they a lot of
Speaker 3: people don't like James Dolan. But I'm just saying, Madison
Speaker 3: Square Guarden, can you even put a price tag on that?
Speaker 3: The world's most famous, right, I'm just saying, like if
Speaker 3: you just had, like you know, it's like Madison Square
Speaker 3: Garden is such an iconic that's the nu.
Speaker 4: He's making money when the Knicks don't play, and he's
Speaker 4: making money when the Rangers don't play because when they're
Speaker 4: not playing, there's a concertent.
Speaker 5: I couldn't get into that Hairstyles concert to save my life.
Speaker 3: He's the CEO of MSG. Yeah, he's the owner of
Speaker 3: the Knicks, the owner of the Rangers. So yeah, I
Speaker 3: mean he could do nothing else for the rest of
Speaker 3: his life and just and just be super good just
Speaker 3: off of that alone, that that one building, just that
Speaker 3: one building.
Speaker 2: Yeah, he got everything.
Speaker 4: Even inside of that building, that structure, you got penstation
Speaker 4: that that translates into another vertical right. It's it's a
Speaker 4: like you said, it's publicly trade. I don't even think
Speaker 4: people really know that, but yes, it's publicly traded. So
Speaker 4: he's gonna make money regards which is kind of why
Speaker 4: people to test him, because it's like he doesn't if
Speaker 4: they win.
Speaker 2: Or not, it doesn't don't matter exactly does Dicks fans.
Speaker 4: I know it sucks and shout out to the Dix fans,
Speaker 4: But he's gonna make money regardless.
Speaker 3: My graduates from my school being forced back drop drop
Speaker 3: Mike drop back drop drop.
Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: are here illegally, your next you will be fined nearly
Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
Speaker 1: never return. But if you register using our CBP home
Speaker 1: app and leave now, you could be allowed to return legally.
Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
Speaker 1: border and families will be protected.
Speaker 2: Sponsored by the United States Department of Homeland Security,