Reborn Capital Empire

Chapter Five Hundred and Seven Clippers Finances

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The most famous example of this is the 20-year, $3 billion regional broadcast contract that Time Warner signed with the Lakers in 2012. The Lakers get $150 million in broadcast revenue from Warner each season. That number is higher than the national broadcast cut they get from the league.

Although the current Clippers are not as beautiful as the neighboring Lakers, they have participated in the playoffs for two consecutive years, and now they have reached the level of the finals, which has attracted more and more fans for the team. Today, Canal+ and TNT, two private TV sports channels in Europe and the United States under the Matrix Company, have given the Clippers a 25 million annual broadcast share.

Next is 'Ticket Revenue'.

Today, the Clippers' game venue is the Staples Arena, which is shared with the Lakers, with a maximum seating capacity of 19,000. Proud of the Clippers' excellent record, the Clippers' attendance rate in the last two seasons has been very good, especially this season, basically every game can exceed 70%. Affected by this, the Clippers' ticket revenue exceeded $50 million for the first time this season, reaching 50.13 million.

Next is the team's advertising revenue.

The NBA League stipulates that the advertising of each team is operated by each team itself. And this part of advertising revenue comes from three aspects. First, the advertisements in the arena, that is, the signs placed on the sidelines. Second, the arena naming fee. The Warriors' deal with Seymour is $300 million over 20 years, and the Rockets' deal with Toyota is $95 million over 20 years. Of course, now without Yao Ming, Toyota's cooperation with the Rockets has basically failed. The former is more because it is a contract signed ten years later. At that time, the price of stadium naming rights had already doubled several times.

Finally, jersey advertising revenue. All Clippers jersey advertisements were sold to companies owned by Guo Shouyun. The Clippers can get $12 million a year from it.

In addition to the arena naming rights, the Clippers can earn 35 million in advertising revenue from in-arena and jersey ads.

Finally, there are NBA peripheral products, player jersey sales, consumption income in the arena, and so on. In the 2002-03 season, the Clippers earned $13.8 million from this.

In other words, throughout the 02-03 season, the Clippers' total revenue reached 174 million US dollars.

As for expenditures, there are mainly three aspects, employee salaries, new venue construction expenditures and taxes.

Among staff salaries, player salaries are undoubtedly the largest piece. Among all players, Kidd's salary expenditure is the most, at $12 million before tax. Next is Corey Maggette with $7.5 million, followed by Pau Gasol with $6 million and then Quentin Richardson with $4 million.

As for Yao Ming and Memet Okur, their first year salary will not be very high. The former is 3 million and the latter is 2 million. As for Billups, although now the team's main shooting guard. But when he bought it, he was the water cooler guard for the Raptors, and his salary in his first year with the Clippers was only $2.5 million. Gasol is high because he has proven himself in the last season.

So, even if the Clippers played well this year, beat the Lakers and entered the finals. But it doesn't touch the $40.27 million the league has set for this year's salary cap.

However, given the excellent performance of the team this year, next year's salary expenditure will definitely rise by a large amount.

Expenditures for the construction of new venues. Now the Clippers are building a new arena and training facility in San Jose. The total investment reached 250 million US dollars.

The expenses in the early stage were paid in advance by Guo Shouyun, and in the middle and late stages, they would naturally be deducted from the Clippers’ revenue. Otherwise, wouldn't it be free to pay taxes to the state? !

Finally, there are tax expenses. The most powerful agency in the United States is the IRS. Therefore, in addition to using legal loopholes to avoid tax as much as possible, Guo Shouyun will not evade tax. Because the small loses the big, the wise do not do it.

The three aspects of spending together, the Clippers' 02-03 season's total expenditure is as high as 153 million US dollars. Only $21 million in profit actually fell into the hands.

Of course, all of these numbers are estimates because the season isn't really over yet. However, the in and out will not be too big. After all, broadcast share and advertising revenue are established, and ticket revenue can also be calculated.

"Not bad. Both revenue and net profit this year are higher than last year."

After reading the complete data, Guo Shouyun nodded with satisfaction.

"It's all the wise leadership of the owner that the Clippers have achieved their current achievements. Especially when you insisted on choosing 'Yao' with the No. 1 lottery, the team's advertising revenue was directly doubled."

After enduring Elgin Baylor's flattery with peace of mind, "You are also responsible for the management of the team. Don't worry, I will not treat you badly!"

"Thank you boss!"

After nodding, "I forgot to tell Coach Brown about something just now. I'll pass it on to you later."

"OK!"

"Didn't the team want to cut Corey Maggette and fill the small forward position through the draft. If they can get Wade, that's better. If they can't, it's better than that Kirk Hinrich. , I think Shaun Battier from the Grizzlies is a better fit for us."

Kirk Hinrich, Guo Shouyun didn't have an impression at all in his mind. But Sean Battier is very familiar to him. It's not that Guo Shouyun deliberately remembered it, but was forcibly instilled by friends around him. Because this guy is Yao Ming's teammate, every time my colleagues watch the Rockets game and chat, they are full of praise for this guy.

Comprehensive skills, strong defense, honest, polite, Batman, etc., although not an All-Star, but the best sixth man indispensable to every team.

Once, twice, three times, over the years, even if Guo Shouyun doesn't watch the NBA, he repeats it in his ears a lot. As long as he's not a fool, anyone can remember it.

After writing down the team and name, "I will notify Coach Brown in time and be ready to engage with the Grizzlies."

Gasol, Yao Ming, Billups, Mehmet Okur, these four newcomers chosen by Guo Shouyun, except the latter is slightly weaker, the first three are all-star players in their respective positions .

With such experience, Elgin Baylor has almost 100% confidence in his vision for selecting players.

"Except for Kidd, Gasol, Yao Ming, Billups, Mehmet Okur, the rest of the team, as long as Coach Brown agrees, you can trade anyone with the Grizzlies, including next year. Our first- and second-round picks."

"Yes!"

"Okay, that's all I have to say. You can do it, I'll go first!"

"I'll send it to the boss!"

After leaving the Clippers' training hall, Guo Shouyun came to his home in Los Angeles. Although it has been a long time. But the bodyguards and servants kept it well maintained.

After settling down, he first explained to Qian Dongpo that he would continue to go to the training hall for the test tomorrow. After the training, Guo Shouyun calmed down and dealt with the company's affairs.

"boss!"

"Stephen, how are things going? Does National City Bank agree to our merger plan?"

"I've been talking to Ruben Durstein about this again. But he's very opinionated about the boss's behavior of splitting the Thunder Fund from Phoenix Bank. So, the negotiations between the two sides have been deadlocked during this time."

"It seems that even if there is no Thunder, he still can't bear us!" Guo Shouyun said with a smile.

"Of course! Although the Phoenix Fund and the Phoenix Trust cannot achieve too high excess returns, the revenue obtained by the Phoenix Capital is no worse than that of the Thunder Fund. Ruben Destin is not blind, he naturally sees it, and is even more reluctant. The reason for the stalemate is nothing more than trying to get better conditions from us."

After nodding his head in agreement, "Do you think it's a little bit of pressure on him? I don't want to drag this on for too long. Also, I believe you can feel that the US economy is recovering, and the real estate industry is growing faster. It's coming sooner. More and more people will notice the cornucopia of real estate subprime debt. I don't want what we like to be shared by too many people."

"I understand that. So I've already called Ruben Destin. Give him another week or we'll give up on the merger."

"Are there any concessions on the terms of cooperation?"

"No! In fact, when we agreed to merge, we were already conceding. Phoenix is ​​the most popular financial firm on Wall Street."

"Haha, I like your confidence! Looking forward to your good news!"

"Don't worry, boss!"

After a brief chat ~www.wuxiaspot.com~ Guo Shouyun hung up the phone.

"Dong dong...!"

"Come in."

Wang Jue pushed open the door and walked in.

"Boss, what's for dinner?"

"Dinner?" Guo Shouyun looked up and looked out the window. He didn't know when, the originally bright sunshine had now turned into a sunset.

"what time is it?"

"Another hour is six o'clock in the evening."

"It's so late, time flies so fast."

After tidying up the documents on the table, Guo Shouyun, who was inexplicably agitated, stood up.

"Where's Matthew?"

"boss!"

Matthew, who was standing outside the door, heard the sound and walked in.

"Let's go out to eat tonight. You go with me."

"Yes!"

Always eat at home, although home is different from home, but he also wants to change the taste, change the atmosphere, change the environment.

"By the way, Wang Jue, you and Xiaojing can stay at home to eat. Matthew and I will just go out."

"Yes!"

Wang Jue reluctantly agreed. As an assistant, the closer you stick to your boss, the better your future will undoubtedly be. But now that the big boss has spoken, she does not dare to disobey.

"Let's go!"

Greeting Matthew, Guo Shouyun and the two drove out of the house.

"Boss, where are we going to eat?"

"Driving around, I'll take a look first!"

I don't know why, every time I come to Los Angeles, Guo Shouyun always wants to look around and relax.

Hearing his words, Matthew nodded, slowed down and drove aimlessly on the streets of Los Angeles. Of course, for the safety of Guo Shouyun, he also drove in the direction of the community or commercial center with good security.

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