The going price is $550 million dollars:
That's insane money. Insane.
Is there a bigger bubble than that of the valuation of a fringe professional sports franchise? We're not talking the New York Yankees or the Dallas Cowboys. We're talking about the Milwaukee Bucks.
The Bucks are about as a valuable as a Kia Dealership, if that. And if you tell me a Kia dealership is worth a half of a billion dollars, then I'll concede the point. Holy crap.