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3.38 billion bought the Nets. How much did Cai Chongxin earn in just over two years?
As the highest stage of basketball, NBA has high commercial value, and it is very common for players to get a contract of 100 million yuan. Recently, Sportico evaluated the value of 202 1 NBA teams and found that there are three teams with more than $5 billion, namely Knicks, Warriors and Lakers.

Although the Knicks have been hovering at the bottom of the league, they are of high value and have always occupied the first place in the league. No wonder Dolan has been reluctant to shoot. Behind them are warriors. In recent years, the Warriors are definitely the hottest team, with 73 wins and 3 championships. The Lakers rose to the third place, on the one hand, it is a traditional giant, on the other hand, James joined, he is a signboard. More interestingly, the Nets rose to fourth place, ranking fourth in the league with $3.4 billion.

You know, the Nets officially changed hands in 20 19, and Cai Chongxin bought all the shares of the Nets from Russian tycoon prokhorov for $2.35 billion, becoming the real owner of this team. Later, he bought the Barclays Center, home of the Nets, for $700 million, and took on $325 million in debt. In other words, Cai Chongxin spent about $3.38 billion to acquire the Nets and the home court of the team, which also set a new transaction record for global sports clubs.

After buying the Nets, Cai Chongxin also invested heavily, signing contracts with Durant and Owen successively. Durant was still recovering. Not long ago, the Nets reached a big deal with the Rockets, and won james harden, which successfully formed Durant+Owen+Harden's Big Three lineup, and also made them the most concerned team in the league, and the ratings naturally increased greatly. If it weren't for the epidemic, the ticket revenue would also make a lot of money.

But judging from the current market value of the Nets, it has become $3.4 billion. At that time, the market value of Cai Chongxin was only $2.3 billion at the time of acquisition, and the acquisition was finally completed with $2.35 billion. In other words, if Cai Chongxin chooses to sell now, he will earn 654.38 US dollars+005 million US dollars, which is really outrageous. Don't forget that this is only the market value of the team, not other income.

Just over 2 years, the market value of the Nets made Cai Chongxin a fortune. In addition, the Nets still have a chance to compete for the championship. Once they win the championship, their market value will increase again, which is why Cai Chongxin is willing to invest heavily. He has never won a championship in the history of the Nets, and he also wants to help the team win the first championship trophy in the history of the team.