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

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  • Osgrath Cedar Hills - Utah, UT
    Feb. 10, 2018 7:03 p.m.

    I like a good joke as much as anybody, but maybe we need to draw the line before we leave the area of good taste, because -

    Oh, wait! Maybe this is serious. Someone is seriously telling the Millers to give $100 million per year to Utah public education? Wow, that is quite a sum of privately-owned assets to redirect from one private party to a public entity. Do the MIllers have a choice in the matter? Or is our commentator suggesting a dose of Marxist economics be imposed against their will?

    Now a bit a socialism is one thing. It seems to work OK in most of Europe, but there is a huge gap between mild, benign, democratic socialism and the compelling of a commercial entity to donate a 45% of its annual revenues to schools while still paying its corporate taxes, too.

    I'm all for rewarding underpaid teachers - my father was a public school teacher and I grew up with a perception that we were poverty cases - but it is a job of the entire membership of society to support educating our children, not one individual corporation cherry-picked by someone that doesn't seem to understand the system.

  • Long Lost America Salt Lake City, UT
    Feb. 10, 2018 7:32 a.m.

    Sorry Johnny, the Jazz of 25 years ago were playing in a relatively new Delta Center, not the Salt Palace, and while winning arguably does add value to a team, so does having having one of the newer and better team owned NBA arenas of 25 years ago, hence one of the bigger reasons for the #9 overall ranking of 25 years ago.

  • old cuss 101 Salt Lake City, UT
    Feb. 9, 2018 5:38 p.m.

    What do the New York Knicks do to obtain such disproportionate revenue? Is it a tv viewer base, large market population for few teams? It can't be attributed to how wonderful they are.

    It would be interesting to see a comprehensive study of the economics of the NBA.

    It would also be interesting to see an analysis of the economic impact that a team has on its community and where to dollars go as they flow into the organization and then out into the world. I can imagine that only a small portion of the player salaries (largest Owner/NBA expense?) stay in the community. (10% right off of the top to the out of town agent...)

  • Johnny Triumph Salt Lake City, UT
    Feb. 9, 2018 9:41 a.m.

    It's amazing to see how value is affected by wins. Outside of a few teams, like the Lakers, when you win you're worth more. And 25 years ago the Jazz were perennial winners, hence the #9 ranking in value.

    Those were dark days when Larry Miller was deciding to buy the Jazz and to keep them in Utah. The Salt Palace arena was small and outdated. The SL market was much smaller then. It was a huge risk to Miller. But we're all glad he did it!

  • Justiciaparatodos Salt Lake City, UT
    Feb. 9, 2018 9:11 a.m.

    Hey this is great news! And since we now know that the legislature is really concerned to give public school teachers a $6200.00 a year raise (which is justifiable) - let's ask the Utah Jazz to contribute about $100.00 million a year to benefit the public education system!

    That is not an unreasonable suggestion since tax payers support the Utah Jazz and the Miller's auto dealerships. I applaud the Millers in many ways because they have tried to be good members of the community and I'm sure they pay their fair share in taxes, but since they and their wealthy patrons seem to have so much extra money - let them help out the struggling public school teachers.

    The Utah Jazz could pledge a hundred million dollars to public education and ask their rich season ticket holders (the muti-millionaire ones) to match 50% of that.

    It's time to ask the "well healed" in Utah society to do more to help public education and stop asking so many people on fixed incomes to support the obscene increases in their property taxes in this state!