Chapter 1629 Buying an NBA Team?

The 34-year-old Colauti is an out-and-out super elite in the eyes of others.

At only 34 years old, he is already a senior partner of Goldman Sachs, in charge of billions of dollars of business, and has a very high degree of autonomy.

More importantly, Colauti is also Yin Jun's most important investment adviser in the United States, responsible for Yin Jun's acquisition of two Hollywood companies, Disney and United Artists Pictures, and more cooperation will follow.

Just by helping Yin Jun to buy the company, Colauti made hundreds of millions of dollars in net profits for Goldman Sachs, and he also earned a lot of money.

Then he himself became Yin Jun's friend.

With such a backer, Colauti is of course more confident to do more financial transactions, and more people are willing to ask Colauti to help invest and act as a middleman.

Driving his Lamborghini sports car and parked in the ground parking lot, Colauti walked into the cafe under the envious eyes of a group of people.

The waitress who had obviously seen him parking just now asked in a very warm and sweet voice, "Sir, who are you?"

While talking, she showed her graceful figure to Colauti intentionally or unintentionally.

If the situation were different, Colauti really wouldn't mind having a romantic relationship with such a beautiful woman.

But business was important now, so he smiled politely and said, "My friend is inside, thank you."

As he spoke, he turned his eyes around, and when he saw a young Chinese man sitting in the corner, reading quietly, he smiled slightly.

"Bring me a mocha, please."

After giving the order, he passed the waitress, walked over and sat across from Yin Jun.

"Master Jun!"

Colauti greeted enthusiastically.

"Colauti, I have seen your scandal." Yin Jun put down the book and pointed at the newspaper in front of him, "Tsk tsk, Miss Kate, the famous female model, tried her best to defend that she and the financial tycoon Colauti were just Friendship……"

Colauti shrugged and said cheekily: "I'm just playing for fun. Anyway, everyone is unmarried, so this doesn't mean anything, right?"

He also knew about Yin Jun, Deng Lijun and Lin Qingxia, but Yin Jun could make fun of him about this kind of thing, but he didn't dare to make fun of Yin Jun.

In the United States, there is also the concept of superiority and inferiority.

Colauti thinks very highly of himself, but he admires Yin Jun immensely.

If there is a genius in the world, then Yin Jun is definitely that one.

Ten Colautis cannot resist the power of one Yin Jun.

I remember that when he introduced United Artists Film Company and Disney to Yin Jun, Colauti also thought that if Yin Jun collapsed, not only would he be able to take back these two companies at a low price, but Qilin, who was making money every day, would be able to take back the two companies at a low price. He can also take culture into his hands and resell it at a high price.

As a result, in a few years, Yin Jun not only turned Kirin Culture into a super behemoth with a total market value of more than 10 billion US dollars, but also developed the North American branch of Kirin Group, which owns Disney and United Artists Pictures, into the largest giant in Hollywood. Last year, it was With his assistance, the ABC television network was acquired and became a more comprehensive media group.

Even though Yin Jun now owes more than 10 billion US dollars in loans, Colauti has never doubted that Yin Jun can pay off the account easily.

For those who hope for Yin Jun's misfortune, Colauty secretly laughed in his heart, just dream!

So in January this year, after receiving the commission from Yin Jun, Colauti started a new round of contacts and investigations with full energy.

He came here today to discuss the purchase with Yin Jun.

"After our observation and comparison, we have investigated their operating conditions in recent years, and I solemnly recommend this team to you." After greetings, Colauti took out a document from his bag folder and handed it to Yin Jun.

The boy took it over and looked at it, "New York Knicks?"

"Yes!" Colauti said, "Just take a look at the situation and then talk about it."

Yin Jun nodded slightly, lowered his head and started reading.

In Yin Jun's memory, the New York Knicks are the most famous team in the league, but the Knicks' performance has never been very good.

However, in the past ten years, they have had a golden generation and they have won two championships in one go, which is considered outstanding.

But the good times did not last long. In recent years, with the retirement of the meritorious coach Holzman, the team entered a new round of reconstruction, and the results have not been good.

Last year, they were eliminated by the Philadelphia 76ers in the Eastern Conference semifinals.

In this year's Eastern Conference semifinals, they had even worse luck. They met the Celtics, who had superstars such as Kareem Abdul-Jabbar, in their prime, so they were blocked from the Eastern Conference finals again.

So now the market value of the New York Knicks is only $20 million.

This is also thanks to the economic development of the United States in recent years, so NBA teams have become valuable. Otherwise, 7 years ago, the price of a team was only 5 million US dollars.

The owner of the New York Knicks is the American Cable Television Group, commonly known as CNN.

CNN is not short of money, but they can negotiate if they are willing to give them more money for their less profitable properties.

After all, in the United States, buying and selling of various companies is commonplace. As long as the price is right, there is nothing that cannot be sold.

Their asking price is US$30 million, and they need to bear US$5 million of debt from the New York Knicks.

Don't think this price is too cheap, in fact it is a very normal price.

In March 2010, Jordan bought the Charlotte Hornets for only $275 million.

In October of the following year, when the Philadelphia 76ers were sold, the price was only $280 million.

That was after the N.BA had developed into a very famous sports league in the world!

Moreover, around 2010, various types of inflation have skyrocketed more than several times compared to the 1980s, right?

So Colauti feels that the price is still a bit high, and is preparing to negotiate with them for 30 million without assuming any debt.

At this time, the beautiful waitress just now swayed her body and brought a cup of coffee. When she put it down, she deliberately exposed the deep mountain ditch in front of Colauti.

Colauti was not in the mood to pick up girls at this time, so he thanked her with a smile and ignored her.

This made the beautiful waitress very depressed. When she left, she looked at Yin Jun and thought, is this young Chinese man more attractive than me?

When she returned to the bar, she told her busy colleague. The colleague looked up at Yin Jun and was stunned.

"FK!" The colleague looked at the beautiful waitress, "Don't you know that young man?"

"Which rich young master from Japan is he? I know they are rich." said the beautiful waitress.

"You really don't know where your brain has grown!" The colleague looked at her mountain, swallowed his saliva, and said: "Didn't you watch the Oscars a few days ago? He is Yin Jun!!"

"Yin Jun!?"

When she mentioned the name of this Chinese man, the beautiful waitress suddenly realized. At the same time, her eyes suddenly shone: "It turns out to be him! Oh my god, he is a billionaire!!"

"That's right, his assets are at least 5 billion US dollars. He is a real rich man. Moreover, he is only 22 years old, several years younger than you!" The colleague smiled, "The pretty boy you are interested in. Maybe he is some kind of fund manager who specializes in serving others!"

The beautiful waitress nodded. At this moment, Colauti was completely ignored by her.

Just as the beautiful waitress was thinking about how to strike up a conversation with Yin Jun, the boy had already watched the entire communication process between Colauti and CNN, as well as Colauti's suggestions, and some plans after buying the team.

"So, do you think the New York Knicks are my best choice?" Yin Jun asked, "Why not the Los Angeles Lakers? They are the base camp in Hollywood and are the most suitable for our development!"

"The Los Angeles Lakers are good, but firstly, it's impossible for the owner to sell them. Secondly, does the Kirin Group still need to increase its influence in entertainment?" Colauti said, "Only New York is the center of the world. No matter what happens here, Rich people, celebrities, movie stars, supermodels, and even scientists all appear here, attracting more attention than in Los Angeles, and gaining more reputation for the Kirin Group."

Yin Jun smiled when he heard this, "The reason is very good, but the performance of the New York Knicks is not good, there are no star players, and there is no potential for development. Wouldn't I suffer a loss by buying it?"

"Haha, it's actually very simple. As long as you are willing to spend money and buy all the superstars of this era, then why worry about the New York Knicks not being popular and attracting a lot of attention?" Colauti responded.

He doesn't know much about basketball, but his theory is right.

Whether it's a football field or a basketball court, money can really build a good team.

Didn't the Miami Heat spend money to bring in the three giants of Wade, James, and Bosh? Can they win the championship?

Would Chelsea and Paris have achieved such great success if they were not owned by oil tycoons?

Of course, there are not teams that have failed to spend money.

Many rich people have also fallen into these traps, spending huge amounts of money but not getting the results they wanted.

Looking at these successful teams, in addition to the importance of superstars, a strong head coach is very necessary.

Eleven superstars may not necessarily form a whole, but a strong head coach can enable a group of mid-to-upper-class players to successfully win the championship.

In 2010, Mourinho led a group of Inter Milan who were not superstars all the way to the final and won the Champions League title that Inter Milan coveted.

But when it comes to other people, Yin Jun may not understand, but when it comes to basketball in the 1980s, even if Yin Jun is young and has never been through this era, he still has admired the names of many superstars for a long time!

And this is an important reason why Yin Jun is determined to add an NBA basketball team to the North American branch of Kirin Group!

There is such a superstar in front of me, but I don't take him under my wing. Wouldn't that be an idiot?