Morning links: Utah Jazz are worth how much!? Stockton's son to play for USA & weekend planner

Morning links: Utah Jazz are worth how much!? Stockton's son to play for USA & weekend planner

There’s some good news and bad news for the Utah Jazz in terms of their financial worth, according to the most recent NBA valuations released this week by Forbes.

The bad: The Jazz’s worth is below the league’s average, and Utah is in the lower third of the 30 franchises.

The good: The Jazz are worth a record $1.2 billion — say that in your best Dr. Evil voice … “One-point-two BILL-I-ON dollars!” — with $221 million in revenue, according to the annual report.

So, yes, that is below the average team’s worth — now a record $1.65 billion, 22 percent more than last year. But it’s not a bad return on investment of the $22 million that the late Larry H. Miller paid for outright ownership of the Jazz in 1986.

The Jazz are now the 20th most valuable franchise of an association in which every team is worth at least $1 billion for the first time, Forbes reported.

The author of this Forbes article believes the NBA is coming after the NFL. While pro football franchises’ average worth is $2.5 billion, 52 percent higher than the NBA, the gap has been reduced by more than half in five years. That trend is expected considering how the NBA is beginning to tap into foreign markets like China where 300 million people are estimated to play basketball.

“The NBA is extremely well-positioned for international growth,” Sal Galatioto, president of leading sports finance and advisory firm Galatioto Sports Partners, told Forbes.com. “The product is excellent, and interest in basketball around the world continues to flourish.”

Check out how much growth the NBA has had in 25 years:

Crazy how those numbers resemble some modern player contracts.


TEAM USA OPPORTUNITY

David Stockton, the son of Nada and that Hall of Fame basketball player, and SLC Stars forward Taylor Braun are among 14 players invited to participate in the USA World Cup Qualifying Team training camp Feb. 15-20.

Players will compete for spots on a 12-man team that will compete in the USA’s World Cup Qualifying first round and second round games later this month against Cuba (Feb. 23) and Puerto Rico (Feb. 26) in Santa Cruz, California. Stockton, now with the Reno Bighorns, and Braun, who averages 9.9 points and 5.2 rebounds, will also play in the G-League International Challenge during NBA All-Star Weekend in L.A.

Other roster contenders: Semaj Christon (free agent); Larry Drew II (Sioux Falls Skyforce); Alonzo Gee (Sioux Falls Skyforce); Aaron Harrison (Reno Bighorns); McKinney Jones (Fort Wayne Mad Ants); Terrence Jones (Santa Cruz Warriors); Rodney Purvis (Lakeland Magic); Xavier Silas (Northern Arizona Suns); Rashawn Thomas (Oklahoma City Blue); Marcus Thornton (Canton Charge); Travis Wear (South Bay Lakers) and Devin Williams (Maine Red Claws).

Jeff Van Gundy will coach this U.S. team.

COMMERCIAL GOLD

The Utah Grizzlies are in an Olympic commercial, but don’t blink or you might miss their appearance in the one-minute Ford ad. (h/t Ch. 4)


WEEKEND PLANNER:

Friday, Feb. 9

Olympics: Pyeongchang 2018

NBA: Jazz vs. Charlotte, 7 p.m.

ECHL: Grizzlies at Rapid City, 7 p.m.

Women’s basketball: Utah at Stanford, 8 p.m.

Gymnastics: Utah vs. Arizona State, 7 p.m.; BYU at SUU, 7 p.m.; Utah State at UC Davis/Sacramento State, at Davis, Calif.

Prep sports: 4A/5A/6A swim meet; 3A/4A wrestling tournament, at UVU; 1A/2A wrestling tournament, at Sevier Valley

Saturday, Feb. 10

Olympics: Pyeongchang 2018

ECHL: Grizzlies at Rapid City, 7 p.m.

G League: Stars at Oklahoma City, 6 p.m.

Men’s basketball: BYU vs. San Francisco, 2 p.m.; SUU at NAU, 2 p.m.; Snow at SLCC, 5 p.m.; USU Eastern at CSI, 5 p.m.; Utah Valley at UMKC, 6 p.m.; Utah State vs. Boise State, 7 p.m.; Weber State vs. Northern Colorado, 7 p.m.; Dixie State vs. Hawaii Hilo, 7:30 p.m.; Westminster at CSU-Pueblo, 7:30 p.m.; Utah vs. Cal, 7:30 p.m.

Women’s basketball: Utah State at Boise State, 2 p.m.; SUU vs. NAU, 2 p.m.; Weber State at Northern Colorado, 2 p.m.; BYU at San Francisco, 3 p.m.; SLCC at Snow, 3 p.m.; USU Eastern at CSI, 3 p.m.; UVU vs. UMKC, 3 p.m.; Dixie State vs. Hawaii Hilo, 5:30 p.m.; Westminster at CSU-Pueblo, 5:30 p.m.

Men’s volleyball: BYU at USC, 8 p.m.

Prep sports: 4A/5A swim meet; 3A/4A wrestling tournament, at UVU; 1A/2A wrestling tournament, at Sevier Valley

Sunday, Feb. 11

Olympics: Pyeongchang 2018

NBA: Jazz at Portland, 7 p.m.

Women’s basketball: Utah at Cal, 3 p.m.

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Published at Fri, 09 Feb 2018 15:25:00 +0000