12-01-2024, 03:04 PM
(11-28-2024, 12:35 PM)SleepingHero Wrote: I hope they do flex their wallet. Their reserves are hilariously large compared to basically everyone sans Balmer.
While the Wolves ownership is still up for question, regardless who comes ahead, it's easy to see why they blew up their team due to money. The Lore+ARod duo is worth at most 3 billion dollars according to sources. Glen Taylor is a staple for not spending money his entire ownership.
Meanwhile the Adelsons are worth 10x the amount on the low end at 35billion.
Excellent point. The Adelsons are in essence real estate moguls. Cuban is a technology/new product investor. The difference between the two differ drastically as far as timeline. Cuban wants to see ROI immediately. The Adelsons are used to waiting on ROI, more from a long term wealth (value) view. This long play and focus on worth lends itself to making the franchise more and more valuable and less focus on current profit.