Author Topic: BATRA - The Liberty Braves Group  (Read 18738 times)

rogermunibond

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Re: BATRA - The Liberty Braves Group
« Reply #40 on: February 09, 2017, 05:10:03 PM »
Big difference would be Marlin's RSN contract comes up for renewal in 2020 compared to the Braves who can't renegotiate their tv deal until 2027(?) iirc.
« Last Edit: February 09, 2017, 05:13:27 PM by rogermunibond »


smj

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Re: BATRA - The Liberty Braves Group
« Reply #41 on: February 10, 2017, 06:13:56 AM »
Agree, but I believe that would have been taken into account in the Forbes valuation.

My point being, this proves out the Clippers effect. There are a limited number of major sports franchises and when they do sell they typically sell at a huge premium to any justifiable valuation based on economics.

The Marlins, with the exception of maybe Tampa, have the worst fanbase and I would guess one of the worst RSN ratings of any MLB Team.

Braves have a huge regional following due to many years of all games being broadcast nationally on TBS during their glory days.

Add a new state of the art stadium and if team actually turns it around in the field (last year minor league system was ranked #2) value should be a multiple of the Marlins and top 10 in the MLB in excess of $2B.

Now if Liberty can only figure out a tax efficient way to realize this since they have such a low basis.


thefatbaboon

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Liberty

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rogermunibond

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Re: BATRA - The Liberty Braves Group
« Reply #44 on: July 13, 2017, 02:43:43 PM »
Thanks for the link nice write up and more reasonable valuation wise than the Sum Zero write up from Wills Manley. Tho that one has a lot of good info and good discussion on the tax advantages of buying sports teams.

bizaro86

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Re: BATRA - The Liberty Braves Group
« Reply #45 on: July 17, 2017, 07:13:44 AM »
Is there a tax efficient way to sell this while still maximizing price? The usual Liberty playbook seems to be to sell for shares, bit the best buyer here is a prestige and tax motivated buyer who is personally willing to overpay (Steve Ballmer).

Is it possible to trade it tax free for shares the buyer already owns? IE, sell to Zuckerberg for Facebook shares (or whoever, just an example)

Og

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Re: BATRA - The Liberty Braves Group
« Reply #46 on: September 13, 2018, 01:52:02 PM »