Ted Taylor is now a little upset, since 2002, when AOL was in the stock market bubble due to Internet companies, the richest businessman in the United States shrank his assets from nearly 10 billion at its peak to just over 2 billion.

And it can be said that it was the lowest point in his life during this period, even the media empire CNN he founded was lost from his hands during this period, although he still has a stake in the broadcaster, but he has been kicked out by the board of directors, and at this time his favorite grandson also died, which made the 60-year-old American billionaire encounter the greatest difficulties at the end of his life.

And what makes him even more uncomfortable is that he has completely lost the ambition of his youth, when he bought the Atlanta Hawks, he never thought of using this team to make money, and at that time a team in the NBA was not worth much, and in a place like Atlanta, where the influence of the NCAA is far greater than that of the NBA.

It's just that since 2002, when he suffered the biggest setback in his life, the only wealth that the American billionaire now has in his hands is only a few assets, and because of the rise of the NBA in recent years, the Atlanta Hawks have become his biggest asset.

Although his assets are now more than $2 billion on Forbes, his current Hill cash is close to drying up, it can be said that like many rich people in the United States, the poor are only left with stocks, for money, this old man is very able to see, at the peak of his life he was with Soros and Buffett. To them, money is just a piece of. Not anymore today. He was able to earn it back tomorrow, and he had the confidence and belief that he had the ability, so at that time he was one of the most generous philanthropists in the country.

It was only when he was depressed that he only had stocks left that he found that now, in the 21st century, the money is not so easy to make, at least in the past few years, he does not want to make a comeback all the time, and in the end he has no chance to make a comeback and has no ability to make a comeback, and now this poor American billionaire with only stocks left wants to get out of the current predicament. In addition to selling his stake in CNN and other companies, he can only sell his most valuable business, the Atlanta Eagles.

The NBA has really developed a lot in recent years, but as the owner of the Atlanta Hawks, in fact, the Hawks have not made any money in recent years, the ball market here is really bad, and now Ted Turner has no money to invest in this team, in this case, he is not qualified to poach free agents with high salaries, and renew the star players of the team with high salaries, which also makes the Hawks' achievements in recent seasons simply unimpressive.

Except for the young leader James and young point guard Nelson, as well as this year's rookie Rudy Gay, who has a decent shot, everyone else is basically making up the numbers. And now he also needs to consider the complaints of James, the team's leading player of the recent times, after all, he is not willing to invest in the team. He also takes out the team's meager profits every year to subsidize his own family, which has made the team more and more degraded now.

You know, the current NBA competition is fierce, and it is impossible to achieve too good results just by relying on James alone with a group of old men and rookies, especially seeing that Wade, who is his contemporary, has won the championship and won the Finals MVP. And Anthony has also become a frequent visitor to the playoffs, a superstar praised by the league, and although he James has extremely beautiful data, but because the team's results are too stinky, he chose to be known as the league's famous data brush and tumor, if you want to get rid of such a title, you can only make the team better, the team wants to get better, the owner of the Hawks naturally needs to invest, but obviously, James is embarrassed for him, and now he doesn't have much money to invest.

Of course, in fact, Ted Taylor can sell this team, two years ago, it was the craziest time in the NBA, at that time, the value of a team in the NBA was almost at least $600 million, the minimum market value was $600 million, and it took at least $700 million to buy it.

At that time, he also had the opportunity to sell the team to a guy from New York for close to $700 million, but at that time, because of the prosperity of the NBA, the NBA team almost sold a price every season, as a successful businessman, how could he easily sell such a team? Even if he is short of money now, but squeezing the team can squeeze out some every year, but now, obviously, he can't do this, after all, now the players are starting to make trouble, the management is also very dissatisfied, the coach has long since resigned how many times, in this case he must shoot the team as soon as possible, but just when he was waiting for the NBA's team value to reach its peak, a bad news came.

That damn Lakers head coach, that damn Chinese actually withdrew from the NBA, and now it has been almost two years, in this case, the minimum market value of the NBA team has fallen from 600 million US dollars two years ago to less than 400 million now, of course, the market value of the New York and Los Angeles Lakers can still be maintained at more than 900 million, but now teams like the Atlanta Hawks have fallen to 400 million.

And what makes Ted Taylor even more injured is that the market value of the NBA team has shrunk, and the cash he can squeeze out of the team is also shrinking, and the rich New York man who was originally interested in this team has not heard from him for more than a year, which makes him extremely passive now.

Of course, for him, he is the only owner of the Atlanta Hawks, if he wants to sell the team, although the NBA has been going downhill in the past two years, but he can also easily sell the Hawks, but it is obvious that none of those buyers behind him have the generous man from New York, and the last time that guy offered it two years ago was 700 million US dollars, but cash, not only cash but also a lump sum payment, he has not seen many times such boldness, Even fifteen years ago, when his assets were approaching 10 billion US dollars, he couldn't take out 700 million US dollars in cash, the fact is obvious, now thinking back on that guy's 700 million US dollars, it can only be regarded as a retrospective, now it is impossible to come back, and sometimes he really hates himself for being greedy.

"Boss, he said this offer is the last offer, if we don't sell, he won't offer again"

Ted Taylor secretly hated himself for being greedy at this time, but no matter how much he hated it, there was no room for manoeuvre, and two years later, when the New Yorker he had been obsessed with reappeared, The New Yorker's offer has also changed from 700 million dollars two years ago to 450 million dollars now, two years ago, when the NBA was thriving, 600 million teams could sell 700 million, but now the NBA is slowly falling back now 400 million teams are impossible to sell 500 million, even 450 million no one wants, after all, no one knows when these teams will fall now, or as long as the Chinese does not come back, the NBA is estimated to fall, but no one knows whether the Chinese can turn the tide after he returns, in this case, he simply does not have the confidence to bargain two years ago.

$450 million, this is not a small amount, although it has shrunk by more than 200 million compared to two years ago, but as long as the team is sold, this will still be the highest transaction price for an NBA team, but as a businessman, he still doesn't want to sell the team, but he is a little worried when he thinks of the deadline given by the New Yorker.

It's been nearly a month since the New Yorker made the offer on December 28, and according to the New Yorker's wishes, he must be answered before the final round of All-Star voting is revealed, and this year's All-Star voting deadline is January 30, 2007, two days away, and in the last two days, the New Yorker has been coming almost every day.

And this time, it was the last few urgings, and it didn't take long for him to give him.

Looking at his assistant at this time, Ted Taylor was a little confused, and finally after pondering for a long time, the owner of the Atlanta Hawks finally chose to nod on a $450 million acquisition contract, and after seeing that his boss agreed to sell the team, Ted Taylor's assistant, who had been standing on the side, was also excited, after all, as long as the deal was closed, he would no longer have to live a hard life with his boss.

In fact, Chris is the owner of the Eagles, the two of them have been arguing for so long two years ago, that guy will immediately change his mind as long as the two sides reach a deal, and then every time it is like this, for any negotiator or trader to meet such a person is extremely speechless, if it weren't for Zhuang Fei's insistence on buying the Eagles, he would have turned to other teams a long time ago, and now, the order he got from Zhuang Fei is that the first choice is the Eagles, that is to say, he is no longer the only choice for the Eagles, in this case, he is also very confident, and directly threw an offer, which is $250 million lower than two years ago, without any room for negotiation, with a deadline of one month, originally Chris thought that this deal was no drama.

Unexpectedly, on January 29, 2007, almost the last day of the deadline, the Eagles owner replied, and agreed to this contract offer that seemed a little humiliating, and this also made Chris a little regretful, if he knew that the Eagles owner would be the same, he would have lowered the contract offer a little more, he really didn't plan to buy this team, with Zhuang Fei's current financial resources will not be as tight as a few years ago.

Of course, since the Hawks agreed to the deal this time, Chris naturally will not follow the Hawks' boss and backtrack, and soon, the agreement between the two parties was reached, and the Hawks changed hands, as long as the trade contract was handed over to the league for approval, the deal could be completed.

And on February 1, 2007, the NBA league's official website announced that the NBA fish belly team Atlanta changed hands. (To be continued......)