“National-Basketball-association Industry Investigation Brief.”
"Major industry category: sports and entertainment."
"Brief History and Introduction: Founded in 1946, it has grown from a minor basketball league in the Northeastern United States with only 11 teams to more than 60 years ago, and has become the highest level basketball league with teams all over the United States and broadcast and influence around the world. . Together with the NFL, MLB, and NHL, it is one of the four major professional sports leagues in North America."
(Comments: It has a long history and a long history. It is known as the Big Four, but only ranks third.)
"Output value: US$4 billion (2009), ranking third among the four major leagues."
(Comment: Not as good as the real estate market output value in China’s second-tier cities.)
"Annual revenue: US$234 million (2009), up about 4% from the previous year."
(Comment: Not as good as the annual real estate sales in third-tier cities.)
"League structure: 30 affiliated teams together form the main body of the league, and there is no promotion or relegation system. The league is divided into regular season and playoffs, which lasts from the end of October to June of the following year. There are 82 regular season games, with a home and away round-robin system. It is divided into two regions: east and west. In the playoffs, the top eight in each region will play seven best-of-three elimination games in three rounds to determine the division champion. The division champion will go to the finals to determine the championship."
(Comment: There are many competitions, more than 2,500 competitions a year, and no circus performs like this.)
“Revenue structure: 1. Broadcasting rights income, broadcasting contracts signed with TV stations, accounting for about 30%.
2Ticket revenue, the box office purchased by spectators watching games at the stadium, accounts for about 40%.
3 Advertising sponsor income, including jerseys, drinks, courtside advertising, etc., accounts for about 20%.
4 Other income, mainly including peripheral products, various licensing, related activities, etc., accounting for about 10%. "
(Comment: The revenue structure is relatively balanced, but box office revenue accounts for too much, which may be adversely affected in the future.)
"Draft system: A talent selection system unique to American professional sports and related to college sports. Draws and selections are conducted in April and May every year, and selection rights are allocated according to certain rules based on the team's record to select candidates who sign up for the draft from all over the world. Basketball talents, adding fresh blood to the team and the league."
(Comment: Searching for talents from all over the world demonstrates the monopoly of the industry.)
"Development prospects: The output value of the US sports market in 2009 was approximately US$210 billion, accounting for approximately 2% of the total US GDP. The NBA's output value of US$4 billion ranked only third among the four major leagues. Judging from the popularity of basketball, there is still room for improvement. space, especially the development of the global market. Football, ice hockey, and baseball all have more restrictions, but only basketball is suitable for global promotion."
"There is a problem: it has not yet been fully understood and further investigation and research is urgently needed."
Due to work habits, after waking up from a long sleep, Min Congda used the laptop in his apartment to check NBA-related information and compiled an NBA industry survey briefing.
Through this briefing, he had a preliminary understanding of the NBA, a professional basketball league.
The comments in the briefing are all notes he added himself, which is also a professional habit.
"Although the output value is only over 4 billion, it is not easy to bring down such a professional league with a long history and great cultural influence. But fortunately, I only need to bring down one team, 1/30, Los Angeles Clippers…”
After writing the industry briefing, Min Congda opened his exclusive email inbox.
It contains various information related to the Los Angeles Clippers sent by Ada.
This information is all in English, including the team's financial report, player list, personnel list, etc.
"It's too complicated. Forget it, I'll look at Baidu Encyclopedia first to get a general idea of the situation!"
Baidu Encyclopedia played a role in popular science at this time.
It took three minutes for Min Congda to have a general understanding of the Clippers' situation.
He only had one thought in his mind: "With such a bad team, does it still need to be bad? Does it still have room for decline?"
The Clippers were founded in 1970. After many moves and name changes, they settled in Los Angeles and changed their name to the Clippers.
It has a history of 40 years now. It can be regarded as having a long history and orderly inheritance.
But Min Congda was surprised to find that in the Clippers' 40 years of playing in the NBA, the number of team honors they have received is: 0!
Needless to say, the highest honor is the championship. Others, such as the regular season championship, the Western Conference championship, and even the first place in the Pacific Division, they have never won!
The best result in the playoffs was reaching the semifinals in 2006. The number of times in history that the team has reached the playoffs is even less: 7 times.
From 1977 to 1991, they missed the playoffs for 15 consecutive years.
"Does a bad team like this still need me to mess with it? If I give it a little stumbling block, wouldn't this team be ruined?"
"It seems that the system is still very reasonable. Although the second task is much more difficult than the first task, the difficulty is limited."
"I think it won't be long before I can successfully complete this task, start the next task, and move towards a higher peak in life!"
Min Congda is full of confidence, thinking that when he brings down the Clippers and gets 300 million US dollars, he can start the next task and continue to mess up, maybe he will become the world's richest man along the way and reach the pinnacle of life!
He remembered that he had read an online novel called "Becoming a Richest Man from Losing Money Begins in the Game", and his experience was "Becoming a Richest Man Begins from the NBA".
But he couldn't remember the specific content of the novel, otherwise he could use it as a reference.
"By the way, there are 300 million US dollars for completing the task, but if it is not completed, what will happen to my daily expenses? How did I sign the contract?"
Thinking of this, Min Congda took out the alarm clock, tapped it, and started talking to the system.
"Master of spoiling, I have to bankrupt the Clippers to get 300 million U.S. dollars. Then how will my usual salary be calculated?"
The system responded quickly:
[Your income will be divided into three parts, which are closely related to the team's performance and asset valuation, including year-end settlement dividends, loss wages and fine bonuses. 】
[Year-end settlement dividend: The valuation of the team in each season is the initial value, the valuation at the end of the season is the settlement value, and the initial value minus the settlement value is your year-end dividend. 】
[Note: If the team’s valuation increases, the dividend amount will be reduced to one ten thousandth, but the initial valuation will also be updated and covered. 】
[For example: In the 2009-2010 season, the Clippers' current team valuation is US$300 million. At the end of the season, if the valuation is US$250 million, your year-end dividend will be US$50 million. If the valuation at the end of the season is US$350 million, the year-end dividend will be US$5,000, but the initial value next season will become US$350 million. 】
[Salary for losses: During the season, the team's record will be reviewed every week. The system will pay a salary of US$2,000 (after tax) for every game lost. There is no salary for winning games. 】
[Note 1: The summer league and preseason games are discounted. Salaries of US$200 and US$500 will be paid if you lose, but none if you win. 】
[Note 2: If the team enters the playoffs, their salary will be deducted by US$3,000 for each win, and there will be no salary for each loss. 】
[Penalty Bonus: When you are fined by the league for some reason, the system will pay the fine for you and an equal amount will be subsidized to your salary account (after tax)]
Min Congda saw that the system was well organized, including wages, dividends, and bonuses.
Judging from the rules, dividends are obviously the big one. Once the team's valuation declines, it will be hundreds or tens of millions in income.
However, this is obviously the most difficult to accomplish, because team valuation is related to many factors, including team record, box office revenue, fixed assets, goodwill, and even inflation, etc.
Fortunately, if the valuation rises, the initial value will also rise accordingly.
"If the team's valuation rises to 1 billion US dollars and then goes bankrupt, wouldn't I get 1 billion in dividends? Why does this routine feel so familiar? First raise the valuation, then cash out and leave..."
Min Congda feels that this system has very deep routines.
"After the team appreciates, the dividend will only be one ten thousandth? I, RTNN, aren't this the same as when I was at work! The system is insulting me! No, it's better to go bankrupt as soon as possible and get 300 million US dollars."
Min Congda facilitated a financing of several hundred million in the bank, creating tens of millions of interest income for the bank, and the bonus he received was almost one ten thousandth.
As for the salary for losing games, Min Congda still feels very satisfied.
Based on data from the previous year, the Clippers had a regular season record of 19 wins and 63 losses.
Based on this result, Min Congda can get a salary of US$126,000.
Calculated based on the exchange rate of 6.8 in 2009, there are 850,000 yuan! And that’s after tax!
According to pre-tax calculations, the annual salary is one million, and the treatment is really good. This is 2009.
And with bonuses for summer league and preseason games, the treatment is really good.
"After choosing Curry this season, the team must continue to work hard and hit new lows!"
Min Congda is full of confidence in Curry, but it seems that he is not good at playing and is too thin.
As for the playoffs, Min Chongda is not worried at all that the team will enter the playoffs.
As for the final fine and bonus, Min Congda doesn't know the relevant rules at the moment, so the bonus cannot be forced.
Due to the Clippers' fine tradition of being a bad team, Min Congda decided to remain unchanged for now and wait for opportunities.
"Maybe I don't have to do anything and the Clippers will continue to suck until they go bankrupt. Wouldn't that be wonderful?"
