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Forbes Richest 400 - Sports Owner Category
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k2tigers Offline
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Post: #1
Forbes Richest 400 - Sports Owner Category
I think it's great to have the Grizz owner be in this position to support a great franchise in our so-called 'old, backwater river town'

https://www.forbes.com/sites/justinbirnb...e98d296c2c
09-28-2022 08:47 PM
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UofMark Offline
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Post: #2
RE: Forbes Richest 400 - Sports Owner Category
We are. There's such a huge difference in the way this team is funded today from the Michael Heisley ownership era. Heisley probably would've bought the plane the Cleveland Indians used in the movie Major League if it were available.
09-29-2022 09:59 AM
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JerryJeff Offline
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Post: #3
RE: Forbes Richest 400 - Sports Owner Category
Remember when Ron Tillery used to say that Pera really wasn't worth anything because everything he owned was Ubiquiti stock? I wonder what ole Tillery is up to these days. He turned into a real bitter s.o.b.
09-29-2022 10:41 AM
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Tiger1983 Offline
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Post: #4
RE: Forbes Richest 400 - Sports Owner Category
Pera and group paid $377 million for the Griz in 2012 and he bought out two minority owners in 2018. In ten years, the franchise's value is about $1.5 billion for a return of 298%.

https://www.commercialappeal.com/story/s...512554001/

https://www.forbes.com/sites/justinbirnb...ce6536c2c4

https://www.si.com/nba/2018/04/10/grizzl...m-buy-sell
(This post was last modified: 10-02-2022 02:27 PM by Tiger1983.)
10-02-2022 02:25 PM
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