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And they had the Bucks at like $300-$350 million. They sold for $550 million. Then there was Brooklyn. It's been this way for years. At this point, when I look up the valuation of a sports franchise by mainstream sources, I just tack on 50% to whatever estimate they make, and assume that's the minimum.
You might be on to something. Bids are in on the Buffalo Bills which Forbes values at $870 million. Bids are around $1.3 billion.