Lasry Says He Paid Too Much for the Bucks

The transcript discusses the speaker's decision to buy a basketball team, motivated by a love for the sport and family involvement. The speaker details the bidding process, including a significant overbid, and the challenges faced. Despite initial financial losses, the team's value increased significantly, making the investment worthwhile. The speaker reflects on the positive impact of Steve Ballmer's purchase of the LA Clippers on the league.

What was the main reason the narrator wanted to buy a basketball team?

• To relocate to Milwaukee

• To make a quick profit

• To compete with Steve Ballmer

• To engage in a family activity

Which team did the narrator end up purchasing?

• Chicago Bulls

• Milwaukee Bucks

• New York Knicks

• LA Clippers

How much more did the narrator bid compared to the next highest bidder?

• $50 million

• $100 million

• $200 million

• $150 million

What was the initial financial state of the team when purchased?

• Profitable with $10 million earnings

• Losing $5 million

• Breaking even

• Profitable with $5 million earnings

What was the league's reaction to Steve Ballmer's purchase of the LA Clippers?

• Concerned

• Thrilled

• Indifferent

• Disappointed