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Cai Chongxin spent $24.5 billion to buy the Nets. How much money can he make by selling it now?
From the perspective of market value alone, the Brooklyn Nets are now ranked fourth in the NBA, worth $3.4 billion. At that time, Cai Chongxin first spent 900 million yuan to buy a 49% stake in the Nets in 20 18, and then spent14.5 million in the following year to realize the complete ownership of the Nets, with a total cost of 2.35 billion US dollars, even if added later. Only 3.25 billion dollars, far from reaching 24.5 billion dollars. Even the RMB is not enough. If we sell it now, Cai Chongxin will definitely make money, because the market value does not represent the actual transaction price, so there will be a premium, and he can earn at least $654.38 billion.

If you want to calculate how much income Cai Chongxin has after owning the Nets, look at his advantages first. The biggest expense of an NBA team is the salary of its players. The Nets lineup is very luxurious, and the salaries of the Big Three are also top salaries. Harden's $465,438 +0.25 million, Durant's $4,065,438+0.00 million, and Owen's $33.32 million. The three of them add up to more than 1 billion dollars. The total salary exceeds $654.38+600 million, and the current luxury tax threshold of NBA is $654.38+320 million. Therefore, the Nets need to pay a lot of luxury taxes, and the personnel expenses will exceed 200 million dollars.

However, if there is expenditure, there is income. First of all, there will be income from TV broadcasting, which is an important source of income for NBA teams. Radio revenue in the United States alone is $2.6 billion. Plus the broadcast income from other countries, each team can get a lot of broadcast fees. In addition to the huge broadcast bonus, advertising revenue is also a big income.

Apart from this part of income, the biggest income is some business cooperation. NBA is a business alliance, which can attract many advertisers to cooperate, especially some big sports brands. The cooperation with NBA teams is very close, which is not a small income for the team. In addition, the sales of NBA jerseys are also a big economic source. The three players of the Nets, Owen, Harden and Durant, have many fans, and the sales of jerseys are naturally not small.

The last part is the ticket revenue. The home of the Nets, Barclays Center, was bought by Cai Chongxin. In addition to being used for competitions, it can also be used for concerts or some activities, and the income is not low. However, due to the epidemic, this part of the income has been greatly affected, but under normal circumstances, it is still quite a lot.

Because the value of NBA teams is getting higher and higher now, especially after Ballmer entered the Clippers, the value of NBA teams is rising, and they are in the Nets of new york, a big city. Although the present value can't be compared with that of new york Knicks, if they can win the championship successfully, it will naturally increase many fans and the market value of the team will be further enhanced.

So generally speaking, although Cai Chongxin spent a lot of money on the Nets, he certainly made money. As for how much he earned, it must be an astronomical figure. But for him, wealth is already a number, and he will not sell the team for a short time because of his love for basketball.