NBA Dynasty Sniper

Chapter 274 Nike changed hands, the storm took over Nike
At this time, in a business hotel in New York, NBA labor and management are starting another round of negotiations.

In order to advance the negotiation process, Stern asked all team owners to participate in the negotiations this time, so all 29 owners were present.

On the labor side, headed by union chairman Ewing and union executive director Billy Hunter, O'Neill and Dameng are among the negotiators.

The last time Stern announced that if no agreement was reached this time, the entire season would be canceled. Therefore, before the start of this negotiation, O'Neill and Dameng, who were negotiators, proposed to hold a secret ballot.

Some players said that regardless of the result of the vote, they want to return to the game.

And some players also said that they will fight to the end.

Therefore, under the pressure of the management and the promotion of Falk and other interested people, serious divisions have actually occurred among the players.

"Flying Dragon is sitting in the Giants Stadium now. I am a little worried that he will lose patience with the NBA." Knicks owner James Dowland said to Lakers owner Buss Sr.

"He might go to boxing professionally, but he shouldn't go to the NFL?" Bass said.

"It's hard to say, but he practiced football at Stony Brook University, otherwise how would he buy the Jets?" Dowland said.

"The stock prices of Nike and Adidas have fallen by 42% today, and Nike is only $[-], returning to the position at the end of last month."

"It's just the beginning. Nike and Adidas have become fat in the eyes of Wall Street."

"They shouldn't mess with Feilong and Miss Lindsay."

"Okay, be quiet, now we have another vote on the salary cap issue." Stern said at this time.

This proposal was a key point in the negotiations.

The labor side wants to increase the salary cap, but the management does not agree, and only wants to increase the basic salary. Of course, this will not be agreed by Ewing and others.

Raising the basic salary is a bad news for big names like them. Their salaries are likely to be reduced. How can they agree?

However, the shutdown has lasted for so long, and both parties have suffered great losses. Both the labor and management have become anxious, hoping to reach an agreement as soon as possible.

In addition, Zhao Dong's signature is still in the retired state, and he has hooked up with professional boxing and the NFL, so now he wants to end the lockout even more.

NO.11 At 9 a.m., the NBA held a press conference, announcing that labor and management had reached an agreement on the most critical salary cap.

The management took a step back and agreed to raise the salary cap. The salary cap for the 97/98 season was raised from $96 million in the 97/2690 season to $3000 million, which is 48% of the league's basketball-related revenue.

This news made all the players cheer, they finally felt the breath of the new season.

"Breakthrough in key points, NBA rematch is imminent!" The New York Times.

"David Stern says the end of the world is coming!" New York Athletic.

Zhao Dong was interviewed by the New York Times, and when asked about this matter, he said: "This is the best news. I hope the new season will start as soon as possible."

"So Feilong, after the new season starts, will you come back?" the reporter asked.

"We'll talk about that day."

To avoid trouble, Zhao Dong avoided the question.

"Feilong, as a member of the players, why didn't you participate in this negotiation?" the reporter asked.

"Haven't I already retired? I have nothing to do with the NBA now." Zhao Dong laughed.

"..." The reporter was speechless.

Jordan also accepted an interview with the media, saying: "Let's start quickly, if it drags on, I will really retire."

In the next few days, both employers and employees will continue to negotiate overtime to resolve the remaining differences.

On the 12th, Nike's stock price was suppressed to 18 yuan. In just 40 days, it skyrocketed from 135 to 18 yuan, and now it plummeted to [-] yuan. All the vitality of Nike has been exhausted.

Adidas and other companies are better. After all, Lindsay's main target is Nike, and the acquisition order is only issued for Nike.

But because they have attracted too much capital, they are only a little bit better, and if they continue to toss, they will also be seriously affected.

After the market closed that afternoon, the Storm Fund had four guests whom Lindsay had agreed upon.

These four people are all bigwigs on Wall Street, and they are also the four largest fund managers who followed suit in the acquisition of Nike.

The reason why Lindsay met four people was because she was going to complete the acquisition of Nike.

The supermarket shooting has been under investigation, but the investigation of the cash cannot go on, so the investigation has actually reached a deadlock. The shooting cannot be turned into a murder because there is not enough evidence.

Although there is no evidence, she believes that the shooting is a murder against her and her husband, and the murderer is most likely Nike.

"Mr. Morris, please," she said to one of the four.

This Morris has six investment funds under his control, controlling nearly tens of billions of dollars in funds, and is the most experienced and powerful of the four Wall Street tycoons.

In the hands of this person, there is now at least 5% of Nike shares, and her goal is to acquire these shares.

There are not enough chips in the market now, and they are all in the hands of Nike and these predators. Without these chips, she cannot complete the acquisition.

"Miss Lindsay, the highest price of Nike is US$135, and the stock price before the acquisition was US$40. If you want, we will make a discount and we will make a deal at US$100." Lindsay said tired.

"100?"

Lindsay smiled mockingly, and said with a confident smile: "From last year to now, the return rate of Storm Fund, whether it is venture capital or stable investment, is the highest in the world.

As long as I want, I can easily raise another tens of billions of dollars, or even more, at any time. A lot of money in Europe wants to go to the Storm Fund, not to mention the money in the United States. A lot of small investment brokers on Wall Street want to Take refuge in me, including some of your investment clients.

Perhaps, I should accept some funding with a purpose? "

Morris frowned, feeling a little underestimating the little girl.

They now have a lot of Nike chips in their hands, but the use of their funds comes at a price. If Lindsay keeps holding on to the stock price, their chips will not be cashed out. Once Lindsay releases the capital restrictions, they will take away their customers Once their capital chain is tense or even broken, they will only be forced to sell their Nike chips at a low price.

Maybe they can team up to stalemate with Lindsay, but if there is not enough return rate, their clients will probably switch to Storm Fund, and the result will be the same at that time.

They knew very well that talented investors like Lindsay could not be offended easily, otherwise they might be tricked to death one day if they made a game of it.

Lindsay's last sentence just now was an absolute threat.

If they get stuck with Lindsay this time, there is a real possibility that they will be tricked, and their heads will be broken.

The four discussed it together, and finally Morris said: "Miss Lindsay, the four of us have a total of 15% of the Nike chips, and we can give them all to you. The transaction price is 65 US dollars. This is our bottom line."

Lindsay began to consider whether to accept the transaction price.

$60, compared to the current stock price, is of course very high, more than three times, but compared to the $40 before the acquisition, it is only a [-]% premium.

Moreover, the current stock price is the result of their joint suppression, and this stock price must not be used for trading.

She estimated that the chip price of the four should be around $50, and if the deal was sold for $60, the four would have a 20% profit.

The Storm Fund now has 25% of the chips in its hands. Because of the early layout and the repeated cost spread during this period, the average cost is 35 US dollars. If you start with 60% of the chips at 15 US dollars, the overall chip cost is about 42 US dollars. .

Before the acquisition was $40, the cost of completing the acquisition could be controlled at $42, which means that the Storm Fund completed the acquisition at almost no cost.

"So……"

She knocked on the table and said with a smile, "...deal."

"Great!"

The four of Morris were overjoyed.

They have a total of 500 million Nike shares in their hands, and they can make a profit of nearly [-] million U.S. dollars in this transaction.
In just half a month, such a high rate of return is not in vain for them to follow Miss Lindsay.

"Miss Lindsay, with the acquisition of Nike, Adi won't be far away, right?" Morris tentatively asked.

"Adi? Let's talk." Lindsay said noncommittally.

The reason why she chose Nike was mainly because Nike was the most likely force to murder Zhao Dong, but she did not choose Adidas because Adidas is a German company, and [-]% of the funds in her hands are European funds.

But it is impossible for her to tell the reason, otherwise it will be easily resisted by Wall Street, and then the storm fund will be finished no matter how strong it is.

The next morning, a news shocked the relevant circles.

Storm Fund announced that it has acquired the Nike shares of several investment funds such as Morris, and together with its own bargaining chip, owns a total of 40% of Nike shares, surpassing other holders, and has officially become the major shareholder of Nike.

This acquisition is the first acquisition of Storm Fund.

A huge amount of more than US$50 billion has been mobilized, with an average cost of US$42.5. The acquisition cost is so low that there is almost no premium and no additional cost.

Therefore, this acquisition was extremely successful. As soon as the news was announced, Storm Fund's reputation on Wall Street was further improved.

"It's over!"

Nike headquarters, president Philip Knight slumped in the executive chair.

He only has 7.5% of the stock in his hand, plus the entire Knight family, it is only 17%, plus what he can influence, it is only 32% at most, which is far lower than the share of the Storm Fund, his president and chairman of the board , To change owners, Nike is going to change.

"You shouldn't have provoked Feilong and Lindsay!" He could only sigh.

In Chicago, Jordan was also dumbfounded.

"You are so poisonous! You are so poisonous!"

Miss Lindsay didn't buy the Bulls, but now she bought Nike. This woman looks like an angel, but why is she so poisonous?

This afternoon, a group of people ushered in the Nike headquarters, led by Lin Sai and Zhao Dong, followed by a large number of bodyguards and subordinates, as well as their huge lawyer team, with a total of six to seventy people.

"Don't get close."

They took several elevators up to Nike's floor. Nike's security personnel tried to stop them, but they were blocked by their bodyguards. Lin Sai and Zhao Dong continued to lead the crowd forward.

"Go back."

New York's most famous barrister, John Lex, stepped out of the crowd and said seriously to the security and Nike staff:

"I am Barrister John Lex, and I am now formally notifying you that your boss has changed, and this Miss Lindsay will be the new boss of Nike."

"..."

Everyone in Nike looked at each other in blank dismay.

"boom!"

The door of Philip Knight's office was pushed open by one of Lindsay's men.

Lindsay, Zhao Dong and others walked in with several barristers, and Philip Knight's beautiful female assistant followed in at a loss, but didn't know what to do.

"Miss Lindsay?"

Philip Knight stared blankly at Lindsay. It was this girl who easily took away his life's effort. She was a devil in the appearance of an angel.

At five o'clock in the afternoon that day, Nike announced a change of ownership, Storm Fund took over Nike and became Nike's major shareholder, and Nike announced that it would hold a general meeting of shareholders on the 16th.

"boom!"

In Chicago, Jordan had just returned home and was about to drive to pick up his child. When he got the news, he kicked the door of the car angrily, and the door of the luxurious Ferrari suddenly slammed open.

"Nike's change of ownership is likely to trigger a major reshuffle of sporting goods around the world." The New York Times.

"Miss Lindsay, President of the Storm Fund, has publicly expressed that she wants to split Nike, so will other shareholders of Nike allow it?" New York Business News.

The next day, countless media reported the news of Nike's change of ownership.

As a major sponsor of the NBA, 42% of the NBA's active players are signed by Nike, and Nike's change of ownership naturally caused turmoil in the NBA.

At the same time, several companies such as Adidas also began to contact some funds they recognized, introduced them to the board of directors, and then used these funds to continue to repurchase stocks, so as not to become the next target of the Storm Fund.

"Feilong, I want to talk to you and your wife, is that okay?" Stern immediately called Zhao Dong himself.

Lindsay into Nike, of course, Stern is worried that Lindsay will use Nike to build a super lineup for the Knicks.

But he thought too much, even if Lin Sai wanted to, Zhao Dong would not agree, he didn't want to share a ball with others.

"Mr. Stern, what are you worried about?" Zhao Dong asked on the phone.

"Flying Dragon, last time I stopped the Lakers from trading the postman, you understand what I'm talking about." Stern said.

"Please rest assured, Mr. Stern, the Storm Fund will never intervene in league affairs through Nike, I can guarantee this." Zhao Dong laughed.

Stern pondered for a moment. He was a little worried about Zhao Dong's influence on Lindsay. What if Zhao Dong was a softie like the rumors?
"you do not believe me?"

Zhao Dong said with some displeasure: "Okay then, I'll let Lindsay tell you personally."

"Avril, tell him, this old man doesn't believe me."

After speaking, he called Lindsay, and Lindsay called Stern on the phone.

"Hello, Mr. Stern, I'm Mr. Zhao Dong's wife, Avril Lindsay."

"Miss Lindsay, I'm David Stern, glad to take your call."

"Just now my husband complained that you didn't believe him, saying that you were worried about the Storm Foundation meddling in the alliance's affairs. Now let me tell you, Mr. Stern, my husband is everything to me. He said one thing, but I won't say two. "

"I can only say thank you, Miss Lindsay, and wish you and Feilong all the best." Stern hung up the phone with satisfaction.

At five o'clock in the afternoon on the 14th, the NBA labor and management reached an agreement on the luxury tax and the soft salary cap, which also symbolized that a new labor agreement is about to be reached.

After the meeting, James Dowland found Stern, and the two came to Stern's office to talk.

"David, I talked to you last time. We hope that Feilong will get the same salary as Jordan. We hope to take additional subsidies to make up for the contract. What do you think?" Dowland said.

"James, I'm afraid I can't do that this time. The agreement is about to be reached, and I don't want to make any more troubles."

Stern considered the latter for a moment.

"Then what should we do? Do you think Feilong will still play for the NBA with an annual salary of 300 million? He and Tyson made hundreds of millions of dollars in boxing matches. You know that. So, David, don't send him to the NBA. Extrapolation, we can't afford to lose."

James Dowland said seriously.

"I know that."

Stern nodded and said, "I've been thinking about this issue these days too."

"Then what are you going to do? If the Knicks can't keep him, other teams won't be able to keep him. The same annual salary as Jordan is actually nothing to him, but we can't take his love for basketball as the low price we give him. The reason for the salary," Dowland said.

Stern nodded and said: "Well, you give a contract lower than Jordan's and pay part of the luxury tax to the league. For the rest, I allow you to make up for it in other ways, so that you can also explain it to other teams. "

Dolan laughed, and said helplessly, "This way our expenses will be even greater."

But he still nodded and agreed to this method.

That night, Knicks management and owner James Dowland held an emergency meeting.

In addition, Zhao Dong's agent Ringo Wells was also invited to attend the meeting.

There was only one topic of the meeting, how to sign Zhao Dong.

Grant said: "Larry Johnson's contract is $1019 million, Madman's contract is $830 million, and everyone else's contract is not high. All established contract players add up to $2720 million."

Having said that, he regrets trading Larry Johnson very much, which is one of his career stains.

"Nell, what are you going to do?" James Dowland asked.

"Boss, I'm going to buy out Larry Johnson to make room for 1000 million."

Grant said decisively: "In this way, our total salary is 1701 million US dollars, and we can use 1000 million annual salary to sign Fei Long.

Of course, the league makes us pay part of the luxury tax. I think we can give the dragon a $1500 million contract, so that we only need to pay the luxury tax of $500 million. "

"500 million? I'm afraid other teams will not be satisfied." Someone said.

At ten o'clock, the meeting ends.

Wells notified Zhao Dong of the relevant news, and Zhao Dong called Larry Johnson immediately.

"Hey, Dragon."

"Larry, did you hear the news?"

"The management has notified me just now and asked me to negotiate with my agent tomorrow morning." Larry Johnson said.

"What are you going to do?" Zhao Dong asked.

"I didn't think about it, maybe I will sign back to the Knicks with a basic salary, do you welcome it?" Larry Johnson said jokingly in a good mood.

"Of course, let's fight a dynasty together this year." Zhao Dong laughed.

(End of this chapter)