Selling a small share

You don't know lk

Is why there has been such a big drive for National NBL1, better product for him to sell

Lovebroker it's never happening loser

There are only 2 leagues in the world (from memory) that play 48 mins. Let that fucker go

VT no 48 mins is not

I guess some prefer quantity over quality. Seems like a slightly higher score means "better" basketball in some peoples' books.

Is the length of games the broken thing here. Do commentators and fans after the game go, gee, wish it went for another 8 minutes.
Get rid of the stupid unsportsmanlike fouls and some deliberate fouls having to be reviewed at end of games. Extremely frustrating.
I'm not a fan of possession arrow, but it's not a huge drama.

Thank goodness the people actually in charge don't make the rules based on the worst case scenarios
What if the finals aren't an epic matchup? Lets make them a single game instead of a series
What if a game is a poor standard? Lets make them all 10 minutes instead of 40
What if a ref makes a mistake? Lets have a full review from 3 different angles after every decision and every non decision
What if the tv ratings are bad? Lets save embarrassment by not televising the games
What if too many shots miss? Lets use hula hoops for rims

He bought it for $7 mil, he could sell a small share in it now more than that and maintain control.

The NBL could become the latest Australian sport to sell a stake of the league to a private equity company. On the back of the A-Leagues' landmark deal with US firm Silver Lake, NBL owner Larry Kestelman has expressed interest in following football’s lead in an attempt to secure Australian basketball’s future. Kestelman is travelling to New York in the New Year to talk to potential investors about expanding the ownership of the NBL. However, there could be challenges as some clubs have privately expressed concern about the private equity model. Kestelman owns the 10-team NBL league, meaning the majority of profit goes to him and not the clubs. This will prompt further discussions between Kestelman and the NBL clubs on the game’s future direction.

Unlike the A-League’s private equity arrangement with Silver Lake, the clubs will reportedly receive funds for marquee player signings. Silver Lake have taken a 33.3 per cent minority stake in the A-Leagues (men and women) worth nearly AUS$140 million (US$100 million). The sum values the entire A-Leagues organisation at AUS$425 million (US$303 million). Kestelman purchased the Australian men’s domestic league for $7 million in 2015, but basketball has since surged, raising the question: how much is the NBL now worth? The league has sold the TV rights for the first time via ESPN, Foxtel, Kayo and 10 Peach, while crowds and viewership numbers have increased. The overall total NBL game views are 43 per cent up on last season after two rounds. Over 650,000 viewers have switched on across Free to Air, subscription TV and streaming to watch Sunday hoops between 1-5pm over the first two rounds. The total attendance is up close to 100 per cent on last season, with both rounds 1 and 2 attracting over 40,000 spectators each.

NBL owner Larry Kestelman will fly to the US for talks with potential investors.

This is the first time since 1994 that more than 40,000 fans attended each of the first two rounds. All these statistics, combined with basketball’s global popularity and the NBL’s respected link to the NBA as a genuine pathway, have sparked Kestelman’s interest in private equity.

The private equity craze has particularly exploded in the United States. In the last 20 months, Arctos Sports Partners has taken stakes in 12 American teams, including Major League Baseball’s Boston Red Sox and the NBA’s Golden State Warriors. Blue Owl Capital’s Dyal Capital has also purchased portions of the NBA’s Phoenix Suns and Sacramento Kings. Until recently, top sports leagues in the US refused to allow private equity ownership of teams, fearing it would create an unwieldy and unstable ownership structure. This has changed and now the craze is catching on globally with the BBL cricket looking at selling off teams, while rugby’s highly successful New Zealand All-Blacks are also interested in private equity.

They said potentially 70 mill for the nbl.

So in a jump ball, 100% of the time it goes to the team with the tallest player in the jump. Sure they have an advantage but not always, in the immortal words of Lloyd Christmas, you're saying there's a chance? Yes!
Would much rather a defensive team have a chance to get the ball back for a hustle play. And that crap about disrupting flow, sure it takes an extra 30-60 seconds to get everyone positioned, but there is strategy in stealing the tip sometimes, as well as a real quick hitter. Imagine if the AFL had a possession arrow instead of a ballup. Would that speed up the game?
Bring back the jump ball!

$70,000,000? That's simply not possible based on current spend of each club, let alone the minimal profits Larry makes. Again, if the majority of clubs don’t make money, that places them in a precarious position - they, unlike other major codes, do not make anything from TV revenue, regardless of how minimal it is. Clubs are overspending to remain competitive and that model is boom or bust - and it’s rarely boom.

Matt logue said about 70

"That's simply not possible based on current spend of each club, let alone the minimal profits Larry makes."
So you can tell us what Larry makes in profit from the NBL? Please do so.

Your above statement says it all ME. One of the best

So answer the question ME. What is the profit that LK makes owning the NBL?

Apparently it's huge - if he thinks $70m is a conservative estimate....classic ME.