So I checked this out with a buddy of mine who used to be with Goldman Sachs and has specifically worked on sports team acquisitions. He said he’s heard nothing about a Pels sale but said that buy-side guys—basically billionaires who want to get in the club + the camp advisors who stand to make a small fortune on an acquisition—are always chumming the waters about teams being “on the block.” It’s the equivalent of short-sellers in the market trying to drive a stock down with a whisper campaign. Of course the team could be sold, but apparently there is a ton of disinformation being spread around. My buddy said he actually thinks expansion is much more likely than a relocation. NBA doesn’t like it. Plus the expansion fees paid to the owners would enormous. Take it for what it’s worth.





 
			
			 
					
					
					
						 Reply With Quote
  Reply With Quote Originally Posted by UNO Gracias
 Originally Posted by UNO Gracias
					
 
			 Contributor
 Contributor 