0
Step 1: Get a detailed value of the franchise. For example, the current estimated value of the Los Angeles Lakers is around $550million.
Step2: Gather enough investors to buy a major share of the team, usually in a piecemeal (so, buying the shares/team piece by piece).
Step 3: Submit an offer to the current ownership, generally done through the NBA League Office (specifically, the Office of the Commissioner)
Step 4: Make the offer, put up the cash, purchase the team
Step 5: Run the team, make sure everyone is properly paid, continue increasing the value of the team once owned.
Step 6: Sell the team when you are ready to sell it or it can't stay solvent.
Shop on the NBA Store website. On the home page, click the "Jerseys" link, then select a team on the left-hand side. Click on a category to choose what type of jersey you want. After you've selected a category, browse through the liste jer
rseys until you find what you're looking for
The Green Bay Packers are the only team with stockholders and is considered a public agency.
Add your answer:
Earn +20 pts
Who is the owner of the NBA team Charlotte Bobcats?
Robert JohnsonRobert Johnson is the majority owner of the Bobcats with NBA legend, Michael Jordan as minority owner ... Johnson made NBA history as the first African-American to become a majority owner of a NBA team ... It is also worth noting that Johnson is also the owner of the WNBA team Charlotte Sting ...
Can a NBA player be a part owner of a team?
no..only if he was trained too.
What nba team is usher part owner?
Music superstar Usher is part owner of the Cleveland Cavaliers. He joined one of the top NBA teams featuring superstar Lebron James. He is following suit after Jay-Z, who is part owner of the New Jersey Nets.
Does nba team owner get a chmpionship ring?
no they dont
What nba team is rapper young jeezy part owner of?
ur thinkng of jay z, he co owns the New Jersey nets.
When did Magic become an NBA team?
1989
Does magic johnson own a percent of the la lakers franchise?
He does not own an NBA team, although he was a part-owner of the L.A. Lakers for several years.
Which NBA team was named after a car part?
The Detroit Pistons, if you meant to say car part.
When did the New York Knicks become an nba team?
When they were created
Can i become part of the NBA even tou that i live in Sweden?
not unless Sweden has a NBA team. even if it does, i don't think so because NBA is manily played in USA and only good players in Canada are eligible to play in us.
Does Will Smith own a NFL team?
The actor Will Smith is not an owner or minority owner of an NFL Franchise. While he is not an NFL owner, Will Smith is a minority owner of the NBA's Philadelphia 76ers.
What current NBA team did the Chaparrals become?
San Diego Clippers
