USBL Statement

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The Magician
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USBL Statement

Post by The Magician » Wed Jul 18, 2007 4:45 am

I was curious to know if the USBL League Office will, at some point, make an official statement as to the status of their league?

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Post by BreakersFan » Wed Jul 18, 2007 2:00 pm

"The Magician" wrote:I was curious to know if the USBL League Office will, at some point, make an official statement as to the status of their league?


Why on earth would they do that? That would do 2 things: 1) Send the stock price even lower and 2) further devalue the brand that the Messenheimers were reportedly trying to sell for a ridiculous price.

The USBL's best strategy is to continue to pretend all is well so that someone might actaully buy the brand or try to buy an expansion team.

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BreakersFan

Post by The Magician » Thu Jul 19, 2007 12:23 am

Do you know what the SALE price was listed at?

Send me a PM if need be - Thanks!

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Post by SignGuyDino » Thu Jul 19, 2007 1:23 am

If you're looking at buying the league and keeping all the teams, that's a bad idea. Too spread out and their budget was too much. If you're looking at buying the name, website, and logo rights and the current owners keep their debts, maybe not a bad idea.

USBL has had one heckuva run and it's sad to see them go...

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No ...

Post by The Magician » Thu Jul 19, 2007 3:54 am

"SignGuyDino" wrote:If you're looking at buying the league and keeping all the teams, that's a bad idea.


Not looking to buy ... Just curious!

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Post by SignGuyDino » Thu Jul 19, 2007 11:36 am

Oh, I see....

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Post by HAC » Thu Jul 19, 2007 5:43 pm

League supposedly can be bought for $3 million.
Last edited by HAC on Sun Jul 22, 2007 4:12 pm, edited 1 time in total.

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Post by BreakersFan » Fri Jul 20, 2007 7:29 pm

$1 million was the rumor I heard.

In either case, it's ridiculous.

I agree that the USBL brand might be worth something, but the league itself, especially with the debt, is worthless in my opinion.

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Post by nksports » Mon Jul 23, 2007 11:20 pm

"BreakersFan" wrote:$1 million was the rumor I heard.

In either case, it's ridiculous.

I agree that the USBL brand might be worth something, but the league itself, especially with the debt, is worthless in my opinion.


Here's the latest:

http://finance.yahoo.com/q/is?s=usbl.ob

http://biz.yahoo.com/e/070713/usbl.ob10qsb.html

I do like the fact that the league made a net profit of $7,000 for the quarter

USBL stock is at .42
ABA stock is at .06
WHA stock is at .0027

so if you love losing money, invest in minor league sports (outside of affiliated baseball and the upper tiers of AAA and AA hockey).

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Post by bomp » Tue Jul 24, 2007 11:54 am

"nksports" wrote:Here's the latest:

http://finance.yahoo.com/q/is?s=usbl.ob

http://biz.yahoo.com/e/070713/usbl.ob10qsb.html

I do like the fact that the league made a net profit of $7,000 for the quarter

USBL stock is at .42
ABA stock is at .06
WHA stock is at .0027

so if you love losing money, invest in minor league sports (outside of affiliated baseball and the upper tiers of AAA and AA hockey).


Who, in their right mind, would invest in the USBL?

Really if you are out there, please contact me. I have swamp land available right now! :D
Unique ideas lead to prison. Don't name your son after a baseball glove. "Listen dude, do you really want the SEX??"

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