I was determined to be bad, but I went straight to the Basketball Hall of Fame

Chapter 7 Is there still room for decline?

“National-Basketball-association Industry Survey Brief.”

"Major industry category: sports and entertainment."

"Brief History and Introduction: Founded in 1946, from a minor basketball league in the Northeastern United States with only 11 teams, it has grown over the past 60 years and has become the highest level basketball league with teams all over the United States, broadcasts, and influence around the world.

.Joined with the NFL, MLB and NHL as the four major professional sports leagues in North America."

(Comments: It has a long history and a long history. It is known as the top four, but only ranks third.)

"Output value: US$4 billion (2009), ranking third among the four major leagues."

(Comment: Not as good as the real estate market output value in China’s second-tier cities.)

"Annual revenue: US$234 million (2009), up about 4% from the previous year."

(Comment: Not as good as the annual real estate sales in third-tier cities.)

"League structure: 30 affiliated teams together form the main body of the league, and there is no promotion or relegation system. The league is divided into regular season and playoffs, which lasts from the end of October to June of the following year. There are 82 regular season games, with a home and away round-robin system.

It is divided into two regions: east and west. In the playoffs, the top eight in each region will play seven best-of-seven elimination games in three rounds to determine the division champion. The division champion will go to the finals to determine the championship."

(Comment: There are many competitions, more than 2,500 competitions a year, and no circus performs like this.)

“Revenue structure: 1. Broadcasting rights income, broadcasting contracts signed with TV stations, accounting for about 30%.

2Ticket revenue, the box office purchased by spectators watching games at the stadium, accounts for about 40%.

3 Advertising sponsor income, including jerseys, drinks, courtside advertising, etc., accounts for about 20%.

(Comment: Searching for talents from all over the world demonstrates the monopoly of the industry.)

"Development prospects: The output value of the US sports market in 2009 was approximately US$210 billion, accounting for approximately 2% of the total US GDP. The NBA's output value of US$4 billion ranked only third among the four major leagues. Judging from the popularity of basketball, there is still improvement

space, especially the development of the global market. Football, ice hockey, and baseball all have more restrictions, but only basketball is suitable for global promotion."

"By the way, there are 300 million US dollars for completing the task, but if it is not completed, what will happen to my daily expenses? How did I sign the contract?"

The Clippers were founded in 1970. After many moves and name changes, they settled in Los Angeles and changed their name to the Clippers.

The comments in the briefing are all notes added by himself, which is also a professional habit.

The best result in the playoffs was reaching the semifinals in 2006, and the number of times in history it has reached the playoffs is even less: 7 times.

He only had one thought in his mind: "With such a bad team, does it still need to be bad? Does it still have room for decline?"

"Although the output value is only over 4 billion, it is not easy to bring down such a professional league with a long history and great cultural influence. But fortunately, I only need to bring down one team, 1/30,

Los Angeles Clippers…”

"There is a problem: it has not yet been fully understood and further investigation and research is urgently needed."

He remembered that he had read an online novel called "Becoming a Richest Man from Losing Money Begins in the Game", so his experience was "Becoming a Richest Man Begins from the NBA".

"Does a bad team like this still need me to mess with it? If I give it a little stumbling block, wouldn't this team be ruined?"

But he couldn't remember the specific content of the novel, otherwise he could use it as a reference.

Min Congda facilitated a financing of several hundred million in the bank, creating tens of millions of interest income for the bank, and the bonus he received was almost one ten thousandth.

This information is all in English, including the team's financial report, player list, personnel list, etc.

[Salary for losses: During the season, the team's record will be reviewed every week, and the system will pay a salary of US$2,000 (after tax) for every game lost. There is no salary for winning games.]

The system responded quickly:

"It seems that the system is still very reasonable. Although the second task is much more difficult than the first task, the difficulty is limited."

Min Congda feels that this system has very deep routines.

[Note 2: If the team enters the playoffs, the salary will be deducted by US$3,000 for every win, and there will be no salary for every loss.]

It took Min Congda three minutes to get a general understanding of the Clippers' situation.

However, this is obviously the most difficult to accomplish, because team valuation is related to many factors, including team record, box office revenue, fixed assets, goodwill, and even inflation, etc.

From 1977 to 1991, they missed the playoffs for 15 consecutive years.

Min Congda is full of confidence in Curry, but it seems that he is not good at playing and is too thin.

[Note: If the team’s valuation increases, the dividend amount will be reduced to one ten thousandth, but the initial value of the valuation will also be updated and covered.]

Based on data from the previous year, the Clippers had a regular season record of 19 wins and 63 losses.

But Min Congda was surprised to find that in the Clippers' 40-year history in the NBA, the number of team honors they have received is: 0!

[Your income will be divided into three parts, which are closely related to the team's performance and asset valuation, including year-end settlement dividends, loss wages and fine bonuses. ]

Thinking of this, Min Congda took out the alarm clock, clicked it, and started talking to the system.

It contains various information related to the Los Angeles Clippers sent by Ada.

Calculated based on the exchange rate of 6.8 in 2009, that’s 850,000 yuan! And that’s after tax!

According to pre-tax calculations, the annual salary is one million, and the treatment is really good. This is 2009.

[Example: In the 2009-2010 season, the current team valuation of the Clippers is US$300 million. At the end of the season, if the valuation is US$250 million, your year-end dividend will be US$50 million. If the valuation at the end of the season is US$350 million

, the year-end dividend is US$5,000, but the initial value next season will become US$350 million.】

"Master of spoiling, I have to bankrupt the Clippers to get 300 million U.S. dollars, so how do I calculate my usual salary?"

[Penalty Bonus: When you are fined by the alliance for some reasons, the system will pay the fine for you, and an equal amount will be subsidized to your salary account (after tax)]

Baidu Encyclopedia played a role in popularizing science at this time.

"After choosing Curry this season, the team must continue their efforts and set new lows!"

As for the salary for losing games, Min Congda feels very satisfied.

[Note 1: The summer league and preseason games are discounted. Salaries of US$200 and US$500 will be paid if you lose, but none if you win.]

Min Congda is full of confidence, thinking that when he brings down the Clippers and gets 300 million US dollars, he can start the next task and continue to mess up, maybe he will become the world's richest man along the way and reach the pinnacle of life!

(Comment: The revenue structure is relatively balanced, but box office revenue accounts for too much, which may be adversely affected in the future.)

"Draft system: A talent selection system unique to American professional sports and related to college sports. Draws and selections are conducted in April and May every year, and selection rights are allocated according to certain rules based on the team's record to select candidates from all over the world to participate in the draft.

Basketball talents, adding fresh blood to the team and the league."

"If the team's valuation rises to 1 billion US dollars and then goes bankrupt, wouldn't I get 1 billion in dividends? Why does this routine feel so familiar? First raise the valuation, then cash out and leave..."

Judging from the rules, dividends are obviously the bulk of the revenue. Once the team's valuation drops, it will be hundreds or tens of millions in income.

"I think it won't be long before I can successfully complete this task, start the next task, and move towards a higher peak in life!"

Min Congda saw that the system was well organized, including wages, dividends, and bonuses.

4Other income, mainly including peripheral products, various licensing, related activities, etc., accounting for about 10%.”

"After the team appreciates, the dividend will be only one ten thousandth. I, RTNN, aren't this the same as when I was at work! System, you are insulting me! No, it's better to go bankrupt as soon as possible and get 300 million US dollars."

[Year-end settlement dividend: Take the valuation of the team in each season as the initial value, the valuation at the end of the season as the settlement value, and the initial value minus the settlement value is your year-end dividend.]

"It's too complicated. Forget it, I'll look at Baidu Encyclopedia first to get a general idea of ​​the situation!"

It has a history of 40 years now. It can be regarded as a long history and an orderly inheritance.

Needless to say, the highest honor is the championship. They have never won other titles, such as the regular season championship, the Western Conference championship, or even the first place in the Pacific Division!

Based on this result, Min Congda can get a salary of US$126,000.

Due to work habits, after waking up from a long sleep, Min Congda used the laptop in his apartment to check NBA-related information and compiled an NBA industry survey briefing.

And with bonuses for summer league and preseason games, the treatment is really good.

After writing the industry briefing, Min Congda opened his exclusive email.

Through this briefing, he had a preliminary understanding of the NBA, a professional basketball league.

Fortunately, if the valuation rises, the initial value will also rise accordingly.

As for the playoffs, Min Chongda is not worried at all that the team will enter the playoffs.

As for the final fine and bonus, Min Congda doesn't know the relevant rules at the moment, so bonuses can't be forced.

Due to the Clippers' fine tradition of being a bad team, Min Chongda decided to stay the same and wait for the opportunity.

"Maybe I don't have to do anything and the Clippers will continue to suck until they go bankrupt. Wouldn't that be wonderful?"

(End of chapter)