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Getbig Main Boards => General Topics => Topic started by: Coach is Back! on March 27, 2012, 08:50:49 PM

Title: Magic Johnson group
Post by: Coach is Back! on March 27, 2012, 08:50:49 PM
Buys the Dodgers for a reported $2 BILLION!
Title: Re: Magic Johnson group
Post by: Nails on March 27, 2012, 08:56:49 PM
Fucking Awesome!

(http://static6.businessinsider.com/image/4f72825569bedd1630000046/magic-johnson.jpg)
Title: Re: Magic Johnson group
Post by: Coach is Back! on March 27, 2012, 08:58:26 PM
Fucking Awesome!

(http://static6.businessinsider.com/image/4f72825569bedd1630000046/magic-johnson.jpg)

I Agree. He'll make a great owner!
Title: Re: Magic Johnson group
Post by: The RedMeatKid on March 27, 2012, 08:59:47 PM
aids
Title: Re: Magic Johnson group
Post by: bike nut on March 27, 2012, 09:02:09 PM
Fucking Awesome!

(http://static6.businessinsider.com/image/4f72825569bedd1630000046/magic-johnson.jpg)

Closet glute pumper.....
Title: Re: Magic Johnson group
Post by: BayGBM on March 27, 2012, 09:02:16 PM
"Job 2012"

Give yourself extra credit if you are under the age of 40 and you know what that means.  ;)
Title: Re: Magic Johnson group
Post by: The RedMeatKid on March 27, 2012, 09:06:08 PM
"Job 2012"

Give yourself extra credit if you are under the age of 40 and you know what that means.  ;)
Bay, what do you know about allegations of a link between Johnson and Michael Hamilton?
Title: Re: Magic Johnson group
Post by: Coach is Back! on March 27, 2012, 09:07:27 PM
aids

That's what YOU get!
Title: Re: Magic Johnson group
Post by: Fallsview on March 27, 2012, 09:10:25 PM
Magic just tweeted this.  Listening to KFI640am and they have complete coverage.  All we need now is Magic's friend Arsenio Hall to be the Dodgers announcer...best thing to happen to LA in a long time. 





EL PACIFICO!
Title: Re: Magic Johnson group
Post by: The RedMeatKid on March 27, 2012, 09:10:50 PM
That's what YOU get!
No. That's what your hero Magic's got, stupid.
Title: Re: Magic Johnson group
Post by: Nails on March 27, 2012, 09:12:18 PM
My elementary school was across the street from the great western forum and every year the entire lakers "showtime" team and pat riley would come to the school to take a team picture that showed the forums from behind.... Magic would always stay there longer then the rest of the players and give high fives to all of us

Title: Re: Magic Johnson group
Post by: Fallsview on March 27, 2012, 09:14:56 PM
Hey, the mega millions is $363 million...gotta check my numbers....I might buy the Dodgers from Magic.




EL PACIFICO!
Title: Re: Magic Johnson group
Post by: Nails on March 27, 2012, 09:19:44 PM
If u didnt see black people at dodger stadium before, u will see alot of them now
Title: Re: Magic Johnson group
Post by: TrapsMcLats on March 27, 2012, 09:22:44 PM
"Job 2012"

Give yourself extra credit if you are under the age of 40 and you know what that means.  ;)

no idea what you're talking about...but is the gay community in agreement that magic got the aids from homosex? I mean, really, who gets aids from women??? ???
Title: Re: Magic Johnson group
Post by: fathead on March 27, 2012, 09:23:52 PM
My elementary school was across the street from the great western forum and every year the entire lakers "showtime" team and pat riley would come to the school to take a team picture that showed the forums from behind.... Magic would always stay there longer then the rest of the players and give high fives to all of us



what gang were u in in elementary school? inglewoooooooood
Title: Re: Magic Johnson group
Post by: The RedMeatKid on March 27, 2012, 09:36:19 PM
no idea what you're talking about...but is the gay community in agreement that magic got the aids from homosex? I mean, really, who gets aids from women??? ???
Check this out:
"Lon Rosen, who says Thomas told him in 1991, "I keep hearing Magic is gay.''

"C'mon, Isiah, you know Earvin better than anyone,'' Rosen replies.

"I know,'' Thomas answers, "but I don't know what he's doing when he's out there in L.A."
Title: Re: Magic Johnson group
Post by: BOW on March 27, 2012, 10:12:44 PM
With this Magic Johnson is far and above the most successful athlete ever.  To be one of the greatest players to ever grace the court to how incredible of a businessman he had become is just awesome! Funny growing up as a kid ive always found magics personality more appealing and down to earth than jordan.
Title: Re: Magic Johnson group
Post by: The RedMeatKid on March 27, 2012, 10:15:55 PM
With this Magic Johnson is far and above the most successful athlete ever.  To be one of the greatest players to ever grace the court to how incredible of a businessman he had become is just awesome! Funny growing up as a kid ive always found magics personality more appealing and down to earth than jordan.
aids
Title: Re: Magic Johnson group
Post by: BOW on March 27, 2012, 10:18:37 PM
He must have the world record for living with hiv/aids. If u ever meg the man hes big as fuck in person. He must be getting the finest gh the world can offer with his billions
Title: Re: Magic Johnson group
Post by: The RedMeatKid on March 27, 2012, 10:21:15 PM
He must have the world record for living with hiv/aids. If u ever meg the man hes big as fuck in person. He must be getting the finest gh the world can offer with his billions
Whatever. He'll be quietly selling this team three years from now.
Title: Re: Magic Johnson group
Post by: Nails on March 27, 2012, 10:32:00 PM
aids


HIV .... Will be dead by 90
Title: Re: Magic Johnson group
Post by: OptimusPrime1980 on March 28, 2012, 04:49:51 AM
He must have the world record for living with hiv/aids. If u ever meg the man hes big as fuck in person. He must be getting the finest gh the world can offer with his billions
or maybe a lot of the stuff about hiv/aids that is being spread thru the media is not true????????????
magic is making good money of his hiv.... lol....
Title: Re: Magic Johnson group
Post by: Mattyh7688 on March 28, 2012, 04:55:07 AM
Magic Johnson is proof only the gays and poor people get side effects from AIDS.
Title: Re: Magic Johnson group
Post by: Red Hook on March 28, 2012, 04:57:23 AM
"Job 2012"

Give yourself extra credit if you are under the age of 40 and you know what that means.  ;)


I just turned 40   

I stopped qualifying for shit now :(
Title: Re: Magic Johnson group
Post by: BayGBM on March 28, 2012, 06:22:05 AM

I just turned 40   

I stopped qualifying for shit now :(

OK... If you are under 50 you can still get the credit. ;)
Title: Re: Magic Johnson group
Post by: makaveli25 on March 28, 2012, 06:25:39 AM
Wonder how much sertoism that girl is on.
Title: Re: Magic Johnson group
Post by: djcuuna on March 28, 2012, 06:26:49 AM
aids
how the hell is this man still alive hes been hiv for 40yrs it seems like lol
Title: Re: Magic Johnson group
Post by: musclecenter on March 28, 2012, 07:20:52 AM
Buys the Dodgers for a reported $2 BILLION!
Title: Re: Magic Johnson group
Post by: dr.chimps on March 28, 2012, 07:32:19 AM
I Agree. He'll make a great owner!
Couldn't be worse than being a late-night show host.    :-X
Title: Re: Magic Johnson group
Post by: El Diablo Blanco on March 28, 2012, 07:34:56 AM
He'll be a great baseball owner just how Michael Jordan is a great basketball owner  ::)
Title: Re: Magic Johnson group
Post by: The RedMeatKid on March 28, 2012, 07:36:31 AM
aids
Title: Re: Magic Johnson group
Post by: El Diablo Blanco on March 28, 2012, 07:43:20 AM
aids

does he have the full blown AIDS or just HIV?
Title: Re: Magic Johnson group
Post by: Option D on March 28, 2012, 07:47:16 AM
My elementary school was across the street from the great western forum and every year the entire lakers "showtime" team and pat riley would come to the school to take a team picture that showed the forums from behind.... Magic would always stay there longer then the rest of the players and give high fives to all of us



You went to that school on manchester... the private school?
Title: Re: Magic Johnson group
Post by: kwri298 on March 28, 2012, 07:58:13 AM
Buys the Dodgers for a reported $2 BILLION!

They overpaid.
Title: Re: Magic Johnson group
Post by: 225for70 on March 28, 2012, 08:02:19 AM
These guys overpaid for the dodgers..

Forbes values Manchester United of England as the Most valuable sports franchise in the world...Forbes valued Man U at 1.86 Billion.. I can't not why Magic Johnson's consortium paid so much for the lackluster franchise. Last i heard the dodgers were bleeding cash

Below is a list of Most valuable sports franchise according to Forbes, 2011

No.1 Manchester United
Value: $1.86 billion

No. 2 Dallas Cowboys
Value: $1.81 billion

No. 3 New York Yankees
Value: $1.7 billion

No. 4 Washington Redskins
Value: $1.55 billion

No. 5 Real Madrid
Value: $1.45 billion
Title: Re: Magic Johnson group
Post by: Nails on March 28, 2012, 08:05:24 AM
McCourt who bought the dodgers for almost nothing down from FOX and is 900,000,00 in debt to fox, his wife, and MLB, can now pop champaign He just made 1,000,000,000 dollars I guess he gets the last laugh
Title: Re: Magic Johnson group
Post by: The RedMeatKid on March 28, 2012, 08:12:20 AM
Title: Re: Magic Johnson group
Post by: 225for70 on March 28, 2012, 08:38:19 AM
They overpaid.

Forbes Team Value: 2011 $800 mil
I don't know why they paid so much damn money ?
Title: Re: Magic Johnson group
Post by: Coach is Back! on March 28, 2012, 08:49:21 AM
Forbes Team Value: 2011 $800 mil
I don't know why they paid so much damn money ?


TV rights.
Title: Re: Magic Johnson group
Post by: njanvi on March 28, 2012, 10:11:48 AM
TV rights.

in Theory...except the next closest bid, from people who supposedly had access to the same information were outbidded by almost $800. They better know something that the others didnt if they will ever get a return on their investment
Title: Re: Magic Johnson group
Post by: BOW on March 28, 2012, 10:41:39 AM
He'll be a great baseball owner just how Michael Jordan is a great basketball owner  ::)
like jordan even has half the track record being a businessman than johnson is ::)
Title: Re: Magic Johnson group
Post by: 225for70 on March 28, 2012, 08:22:31 PM
http://espn.go.com/los-angeles/mlb/story/_/id/7747848/economist-2b-los-angeles-dodgers-makes-no-sense

They overpaid big time..Team is valued at 800 Million-850 million , The dodgers aren't a world known club like Real Madrid, NY Yankees, Manchester united.

Let's say the dodgers generate a 30 million dollar profit this year, and 50m the next year after that.

That like a current PE of ratio of 60, and a forward PE of 40..Way to much me thinks

Plus the old owner(frank) still has the rights to the parking lots..
Title: Re: Magic Johnson group
Post by: Nails on March 28, 2012, 08:26:53 PM
http://espn.go.com/los-angeles/mlb/story/_/id/7747848/economist-2b-los-angeles-dodgers-makes-no-sense

They overpaid big time..Team is valued at 800 Million-850 million deal..

Let's say the dodgers make a 30 million dollar profit this year, and 50m the next year after that.

That like a current PE of ratio of 60, and a forward PE of 40..Why to much me thinks

Plus the old owner still owns the parking lots..


Maybe thats why they over paid, so that McCourt can continue to provide dodger stadium/MLB with Parking... If they bought it low, McCourt might be a dickHead (and its his right to do so) and Build Condos all over the Stadium Parking lot, good luck trying to find parking at the game after that
Title: Re: Magic Johnson group
Post by: 225for70 on March 28, 2012, 08:33:10 PM

Maybe thats why they over paid, so that McCourt can continue to provide dodger stadium/MLB with Parking... If they bought it low, McCourt might be a dickHead (and its his right to do so) and Build Condos all over the Stadium Parking lot, good luck trying to find parking at the game after that


The padres had the highest operating income in all of Baseball in 2011...They recorded a 37 million profit...

The Padres are only valued at 400 million dollars..That's like a 10.8 PE..Which would represent a good buy.

Where this 2 Billion came from is beyond me..2 Billion is more than any sports franchise in the world is currently worth. 

Looks like magic Johnson is taking Investment advice for M. Jordan
http://www.forbes.com/lists/2011/33/baseball-valuations-11_rank.html
Title: Re: Magic Johnson group
Post by: Nails on March 28, 2012, 08:50:24 PM
The padres had the highest operating income in all of Baseball in 2011...They recorded a 37 million profit...

The Padres are only valued at 400 million dollars..That's like a 10.8 PE..Which would represent a good buy.

Where this 2 Billion came from is beyond me..2 Billion is more than any sports franchise in the world is currently worth. 

Looks like magic Johnson is taking Investment advice for M. Jordan
http://www.forbes.com/lists/2011/33/baseball-valuations-11_rank.html

i heard somewhere that with this sale, the win less , But historic Chicago Cubs might ask for $3 billion dollars when they are finally sold
Title: Re: Magic Johnson group
Post by: G_Thang on March 28, 2012, 09:02:55 PM
Well, MJ's business dealings are all in the urban sector.

http://magicjohnson.com/enterprises/our-work.php (http://magicjohnson.com/enterprises/our-work.php)

His group will never build a TV/Cable network similar to the Yankees before the interest and debt force them to sell at a lost.

Dodger stadium needs upgrades but it only has about 8-10 years of life left.  On top of that they got sold the island but they have to rent the water around it from the old owner.

Farm system is a mess.

They have no real structure built for Asian and the Americas.

I don't know how much of his money is tied into this but it's out of his league and business history.  

Blacks aren't going to baseball games or buy cable packages like they go to TGI, theaters in the hood, housing and buy services from Aetna and Aon with him getting a nice cut.

No reason from him to even bother with this deal other than ego.

Title: Re: Magic Johnson group
Post by: Busted on March 28, 2012, 09:05:00 PM
The Coach is upset a black man owns a sports team now...
Title: Re: Magic Johnson group
Post by: G_Thang on March 28, 2012, 09:08:21 PM
The Coach is upset a black man owns a sports team now...

Coach is a b e a n e r.
Title: Re: Magic Johnson group
Post by: funk51 on March 31, 2012, 12:17:44 PM
Fucking Awesome!

(http://static6.businessinsider.com/image/4f72825569bedd1630000046/magic-johnson.jpg)
billion dollar smile 2 cent brain. ;D
Title: Re: Magic Johnson group
Post by: King Shizzo on March 31, 2012, 12:19:14 PM
They overpaid.
Extremely!!!!!! I know they also paid 150+ million for surrounding land, but still!   The former owner is laughing all the way to the bank!
Title: Re: Magic Johnson group
Post by: Bodybuilder Lex Reeves on March 31, 2012, 12:21:53 PM
billion dollar smile 2 cent brain. ;D
Same brain that was used to catch AIDS.
Title: Re: Magic Johnson group
Post by: King Shizzo on March 31, 2012, 12:22:58 PM
Same brain that was used to catch AIDS.
I might catch aids too, If I knew I would live another 30-40 years, and be worth 100's of millions.
Title: Re: Magic Johnson group
Post by: Nails on March 31, 2012, 12:38:42 PM
Now said to have paid $2,150,000,000.00
Title: Re: Magic Johnson group
Post by: Bodybuilder Lex Reeves on March 31, 2012, 12:42:23 PM
I might catch aids too, If I knew I would live another 30-40 years, and be worth 100's of millions.
Yes, but let's not the forget the part about him being sentenced to an eternity in Hell. Adultery is a mortal sin.
Title: Re: Magic Johnson group
Post by: King Shizzo on March 31, 2012, 12:43:04 PM
Yes, but let's not the forget the part about him being sentenced to an eternity in Hell. Adultery is a mortal sin.
Hi Uberman.