Live broadcast bar, October 5th news according to the famous records of Baker Holmes, Sun boss Savo has entrusted investment bank Moelis & Company to manage the sale of Phoenix Sun. The investment bank has been in charge of projects including Chelsea Football Club (5.3 billion) and Atlanta Hawks (0.85 billion).
Bank officials said that the sun is expected to create a new NBA team selling price record. The previous record was $2.35 billion of basketable nets.
It is reported that there are many potential factors that provide opportunities for the sun to create new records. Phoenix has a warm climate, close to Los Angeles, Las Vegas and the Bay Area. The team has new training facilities and renovated stadium. The alliance is about to sign a new television relay agreement and will also formulate a new labor agreement at that time. Although NBA has a history of 75 years, the growing global audience proves that he is still a young league. There are also potential plans to expand teams in Seattle and Las Vegas. These will attract a lot of interest in acquiring the sun.
Team sources said that in recent days, Jim, executive vice president and chief financial officer of Sun, conveyed to the team staff Pittman that the full sale of the team may take 6-9 months, and the sale will run through the 2022-23 season.
(Stan)