Arenas: The Lakers asked the Mavericks for Luka in order to increase their valuation, and all teams increased their value as a result.
6686 Sports November 15th Former NBA player Arenas talked about the Doncic trade on Matt Barnes' show "All The Smoke".
Arenas: "This transaction sounds very similar to the case where the Celtics introduced Kevin Garnett. That transaction also seemed to be completely unilateral. The combination of Kevin Garnett and Ray Allen, the entire transaction framework has obvious Boston characteristics-all the players involved. It is highly related to Boston's need to win the championship. Therefore, if a transaction occurs, the Lakers will naturally have market appeal. Every beneficiary in the league, or everyone in the league, will automatically benefit."
Before the Lakers were sold, the price was 6 billion. In this regard, Arenas said: "After Boston made a move, they and the New York Knicks were like the teams with the top commercial value. Like anything, there is a hierarchical order between the teams. The New York Knicks and Lakers are at the top, and other teams are ranked below.
Suppose you are a team owner and I propose a plan to you: 'I am ready to sell my team, but I need to get the best players in your team. If I get your best players, I can increase the value of my team and now I can sell it for 10 billion. Once I successfully sell, the value of your team will automatically increase to 6 or 7 billion. Of course, you can also choose to keep your team. ’Because when that deal happened, if you compare the valuation of each team before and after the transaction, the valuation of the entire league became very good. Because it was like a hierarchical order, the value of all teams will rise.”
Barnes: “This is the business side of basketball.”
After the Celtics won the championship, they sold at a valuation of $6 billion. After acquiring Doncic in the trade, the Lakers immediately sold him at a valuation of $10 billion.