Raij Quoted on NBA Team Valuations

24 April 2015 CNBC News

CNBC

Partner Irwin Raij was quoted in a CNBC article, “Does a Sub-$1 Billion Atlanta Hawks Signal a Burst Bubble?” on April 24, 2105. The article discussed the recently announced sale price of the Atlanta Hawks franchise and the overall state of valuations in the National Basketball Association.

Raij was quoted saying, “Eight hundred and fifty million dollars is a good price for this team. Putting it into context, not that long ago you could buy a piece of the Hawks at an enterprise value below $400 million. The price reflects the strength of the NBA product right now and takes into account the national and local media deals and the trend of increasing NBA team valuations.”

Related Services

Insights

Review of Recent Whistleblower Developments
30 July 2021
Legal News: Whistleblower Developments
$4.24M Now the Average Cost Per Data Breach!
30 July 2021
Internet, IT & e-Discovery Blog
Podcast Episode 56: All Things Summer Associate Recruiting
30 July 2021
Foley Career Perspectives
Foley Podcast to Live Panel Discussion
29 July 2021
Foley Career Perspectives
30th Annual Law of Product Distribution & Franchise Seminar
29 September | 7 & 20 October 2021
Milwaukee | Chicago | Dallas
7th National Telehealth Summit
4-5 October 2021
Miami Beach, FL
AHLA Fraud & Compliance Forum
21-22 September 2021
Baltimore, MD
2nd Clinical Trial Agreements Forum
16-17 September 2021
Online Livestream