So You Want to Buy an NBA Team? How Much Does an Atlanta Hawks Jersey Cost... Compared to the Whole Team?
Let's be honest, who hasn't dreamt of owning a professional basketball team? Calling the shots, drafting the next superstar, and high-fiving Trae Young after a game-winning three (while secretly pocketing some of that sweet endorsement money). But before you dust off your piggy bank, there's a slight hurdle: the price tag. Buying an NBA team is like buying a small country, with slightly less paperwork (hopefully).
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| How Much To Buy The Atlanta Hawks |
The Big Leagues: Ballin' on a Billion Dollar Budget
The Atlanta Hawks are no exception. In 2023, the franchise was valued at a cool $3.33 billion. That's a lot of chicken wings, folks. This price considers not just the players' salaries (though those can be pretty hefty too), but also the value of the team's brand, stadium, and future potential.
Think of it like this: You could buy a million, very fancy umbrellas for every rainy day in Atlanta for the rest of your life, or you could own the team that provides shelter from the storm... of disappointment during a losing season. (But hey, at least you'd have a courtside seat!)
Tip: Don’t rush — enjoy the read.
Breaking it Down: The Cost of Owning a Slice of the Pie (Chart Not Included, But Trust Us, It'd Be Fancy)
While $3.33 billion might seem like a downer, there is a glimmer of hope for the less billionaire-esque among us. Sometimes ownership groups are formed, where a bunch of rich folks pool their money to buy a team. So, maybe you and your closest 3,329 friends could chip in and become the coolest friend group ever? Just make sure you have a good prenup... I mean, ownership agreement... sorted out before things get messy.
Okay, But Seriously, How Much Would It Actually Cost?
This is where things get fuzzy. The exact cost of buying into an ownership group depends on a bunch of factors, kind of like that mystery meat chili recipe your grandma refuses to share. Generally though, you'd be looking at millions, not thousands. So, while owning the whole team might be a pipe dream, becoming a minority owner could be within reach for some serious high rollers.
Tip: Compare what you read here with other sources.
FAQ: So You Want to Be an NBA Team Co-Owner?
Here are some quick answers to your burning questions:
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How to become a billionaire? Unfortunately, I can't help you there. But hey, winning the lottery is always an option!
QuickTip: Pay attention to first and last sentences.
How to convince your friends to buy an NBA team with you? Pizza and powerpoint presentations are a good start. Maybe throw in some inspirational sports movie quotes for good measure.
How to manage a team of divas (looking at you, Trae Young)? This one requires Jedi-level negotiation skills and a bottomless supply of coffee.
Tip: Check back if you skimmed too fast.
How to celebrate a championship win? Stock up on champagne (and maybe some Advil for the next day's headache).
How to deal with a losing season? Blame the refs, fire the coach (virtually, of course), and drown your sorrows in moderately-priced nachos.
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