
The $17 Billion Dollar Question: How Much Will It Cost to Bring Back the Sonics? with Kurt Badenhausen & Charting Hoops
Presented by No-Li Brewhouse and Hunt's Services.
What will it really take to bring the Seattle SuperSonics back to the NBA? Danny Ball is joined by guest co-host Chris Gunther of Charting Hoops and Kurt Badenhausen of Sportico to break down the business behind NBA expansion, the latest conversation around Seattle and Las Vegas, and why Mexico City has entered the picture.
Kurt explains how NBA franchise valuations work, why billionaires are willing to pay record prices for teams, and how expansion fees could affect the finances of every current NBA owner. The conversation explores Seattle's ownership group and arena situation, Las Vegas's unique sports and entertainment market, and the questions the league must answer before making a decision.
Plus, Kurt discusses what makes a successful expansion franchise and what Seattle can learn from the Vegas Golden Knights, the Kraken, and the Warriors' rise in value.
This is the business of basketball, and the stakes for Seattle are enormous.
CHAPTERS
00:00 What will it take to bring back the Sonics?
04:00 Kurt Badenhausen joins the show
05:00 Is Mexico City a threat to Seattle's expansion hopes?
08:00 Ownership groups, private equity, and the expansion race
13:00 How NBA franchise valuations work
16:00 Why team prices keep rising
18:00 The economics of buying an NBA team
20:00 Expansion fees and the value of a franchise
22:00 What past team sales tell us
25:20 The math behind expansion for current owners
27:10 Why some owners might oppose expansion
28:00 What the expansion fee means for NBA owners
29:20 Seattle vs. Las Vegas
30:20 Why the Seattle market is attractive
32:00 How Las Vegas makes money from sports
35:00 Arena competition and the Las Vegas market
37:00 Kurt's expansion fee forecast
39:00 Building a successful expansion franchise
40:00 What Seattle can learn from other franchises
41:30 Joe Lacob and the Warriors' rise in value
42:30 Final thoughts and where to find Kurt
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Subscribe for Seattle SuperSonics history, NBA expansion coverage, basketball business, interviews, and conversations about the future of Seattle basketball.
CO-HOST:
Chris Gunther, Charting Hoops
Subscribe to Charting Hoops here: https://chartinghoops.substack.com/
GUESTS
Kurt Badenhausen, Sportico
SPONSORS
No-Li Brewhouse
Hunt Services
CREDITS
Host: Danny Ball
Executive Producer: Brett Goldberg
Editor: Joseph Lipsen
Post-production Supervisor: Madeline Down
Music: Oblé Reed
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