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Enjoying the latest stop on our Champions 4-In-A-Row Trophy Tour! πŸ‡―πŸ‡΅πŸ†

Thanks for welcoming us, Tokyo 🩡
πŸ€‘ How To Make $800 Million on Basketball Team Which Played 0 Matches in NBA?

πŸ’ΈOne of The Most Successful And Strange Deals in the Sports Industry History

πŸ€ When the American Basketball Association (ABA) merged with the NBA in 1976, four teams joined the NBA: the Denver Nuggets, Indiana Pacers, New York Nets, and San Antonio Spurs. Kentucky Colonels did not enter the NBA as part of the ABA-NBA merger in 1976, their owners received a settlement of $3 million from the NBA.

🀝 However, the Spirits of St. Louis, another ABA team, was left out.
Instead of accepting a one-time payout, the team's owners, Ozzie and Daniel Silna, negotiated a remarkable deal.

πŸ“Ί The Silna brothers secured a percentage of the NBA's television revenueβ€”specifically, 1/7 of what the four ABA teams joining the NBA would receive. At the time, NBA TV contracts were relatively small, making the deal seem minor. However, as the NBA's popularity soared, the value of its TV contracts exploded, turning the Silnas' agreement into a financial windfall.

πŸ’° Between 1976 and 2014, the Silnas reportedly earned around $300 million without having a team in the NBA. Finally, in 2014, the NBA bought out the Silnas' TV revenue rights for $500 million, ending one of the most extraordinary deals in sports history.

πŸ“Έ: Getty Images

Total Sports Investments – Your Daily Playbook for Sport Industry Insights!
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π…πŽπ‘π“π‘π„π’π’ π„π“πˆπ‡π€πƒ locked in tonight. πŸ”’
Tonight’s UCL squad! πŸ“‹

XI | Ederson, Lewis, Akanji, Dias, Gvardiol, Rodrigo, De Bruyne (C), Bernardo, Savinho, Grealish, Haaland

SUBS | Ortega Moreno, Carson, Walker, Stones, Kovacic, Doku, Gundogan, Nunes, Foden, McAtee
Pep Guardiola: β€œIt's so nice to be here, it's so nice.”

β€œSooner or later [@Erling_Haaland's 100th Man City goal], it's going to happen.”

Pep Guardiola says he gave β€œzero” consideration to Man City's upcoming PL game against Arsenal (H) when selecting his line-up vs. Inter tonight.
KICK-OFF | Under way here in Manchester! 🩡
[19'] CHANCE! @Erling_Haaland's first clear opportunity, meeting a Savinho cross but denied comfortably by Yann Sommer. 0-0.
[30'] HUGE SAVE! Ederson keeps the scores level with a big save on the goal-line, denying Marcus Thuram from point-blank range. 0-0.
Yellow Card: Ruben Dias (Foul), Man City 0-0 Inter. [32’]
[35'] SO CLOSE! A period of intense pressure ends with @Erling_Haaland, whose left-footed efforts goes narrowly wide of the post. 0-0.
HALF-TIME | Goalless at the break 🀝

🩡 0-0 πŸ”΅
BACK UNDER WAY! COME ON CITY!

Ilkay Gundogan and Phil Foden come on for Man City, replacing Kevin De Bruyne (injured) and Savinho.

🩡 0-0 πŸ”΅
Jeremy Doku replaces Bernardo Silva.

🩡 0-0 πŸ”΅
FULL-TIME | It ends all square βš–οΈ

🩡 0-0 πŸ”΅
Ruben Dias: β€œA very intense game against a very strong opponent.

We knew what was coming, they're a top team as well, they're used to winning, and we knew we're not going to have an easy job. In the end, I think the team had a great performance, we were very close to scoring.

But we take it, and obviously we move forward, but it was a very good test as well for us to play against such a strong side.”
2024/10/03 04:30:07
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