Nick Mills philosophy to an NBL franchise is "it's my money so it has to work, I will do everything I can to make it work because it's my money". This is why he doesn't want to be involved in a part owner/shareholder stake with this other bid as he believes there are too many people involved with not a lot to lose if it flops.
Something I read said Mills had been involved in BBL in NZ for something like 30 years. THAT is EXACTLY what the (A)NBL needs.
All these dreamers who prattle on about community based clubs, have obviously never been involved in one. I have heavily involved with several such organisations, and their universal strength is their unparalleled ability to attract lazy brainless fuckwits. In each of those organisations I took a leading role and turned them around through a bit of smarts and a LOT of hard work. Increased numbers, got new sponsors on board, raised thousands of dollars... And in the end I gave up because in every case the committee was split between those of us actually working our assess off for the club, and the clueless morons doing nothing but coming up with one stupid idea after an other. Worst part is that because those leeches never actually contribute anything, they never get browned-off. The Committee meetings are the highlight of their lives because they don't actually do anything in between. It's actually HARD to get the real contributors on board, because they're the ones running businesses and coaching teams.
One of the big problems in Australia, is that nomatter what you want to do, or how much money you want to give back to the community, there will always be a bunch of self-righteous prats who think they know how to do it better.
Ultimately, lets say you need to tip in say $1M a year to keep a franchise running. ONE guy with a $1M is far, far better than 10 guys with $100k each. Go with the 10 guys, and I can guarantee that by the end of the year, half will have left because they're pissed off at how the other half are running things.
I also come back to the point, that If you have a Nick Mills backing a team, and they have a bad year or two, he has the income and reserves to carry it. A Community organisation doesn't