Not necessarily, as it depends on the negotiations between the buyer and the old franchise holder, please note the facts below:Originally Posted by Alex07
While buying an existing franchise may cost less, Eala said there are advantages to purchasing a new franchise even if it is more expensive. For one, the PBA offers terms to pay for a new franchise. If the value of a franchise is P60 Million, the league is willing to give the buyer a period of five years within which to settle the amount. Buying an existing franchise may not allow terms and will likely be on a cash basis. For another, a new franchise may be given concessions or incentives like elevating a maximum of three players from the amateur ranks without going through the draft and choosing veteran players in an expansion draft. Another concession will be to use a salary floor equivalent to P18 Million a year when a team is required a payroll of at least 75 percent of the P30 Million cap or P22.5 Million.People's Journal said that turnover was approved between P30-40 million, a big drop from the original P60 million the Turbo Chargers wanted The Manila Times, however, reported that it was close to P55 million that Shell wanted. Welcoat put out P60 million as bond for five years, P7 million for participation fee and another P6 million for transfer fee.After the 2001 season, the firesale began as Tanduay traded Dondon Hontiveros to San Miguel, Jeffrey Cariaso to the new Coca Cola, and Menk to Barangay Ginebra. After this, Tanduay sold its franchise to the Bert Lina and the local franchisee of FedEx for a reported sum of PHP 60-75 million.Crispa wanted to rejoin the PBA in 1989 but his P300,000 franchise fee offer to Commissioner Rudy Salud was turned down most probably because Floro couldn't make a long term commitment. One of the crucial factors why Floro wanted to rejoin the league was because at that time, Atoy Co wasn't given a contract extension by his mother team Great Taste forcing him to retire from the play-for-pay league. Likewise, Philip Cezar was inked to a paltry one year contract by the Coffeemakers while Freddie Hubalde was struggling to get some playing time with Formula Shell. Abet Guidaben, on the other hand, was just signed up by Alaska.
Saturday - Sunday, December 13 - 14, 2008
San Miguel Beer walking wounded
By Rey Joble
HAVE we seen the last of the Danny Ildefonso and Danny Seigle in the Philippine Basketball Association?
Ildefonso, a two-time Most Valuable Player, and Seigle, a former Rookie of the Year, have been the face of San Miguel Beer’s dynasty in the PBA. This time around, the old reliables are no longer there either to start the game or finish the job for coach Siot Tanquingcen.
Ildefonso had bone spurs removed from his feet and is still undergoing therapy. He will come back and play next year.
Seigle has an injured back that requires him to sit out the conference. Both players have yet to see action this season.
But the soft-spoken Tanquingcen isn’t bothered at all with the young guns doing a great job in stepping up in the absence of their veterans.
“We’re just peaking at the right time,” said Tanquingcen. “I guess the chemistry is already there.”
But Tanquingcen expects Seigle to be back in six weeks’ time.
Without the two, the Beermen went on a rebuilding stage and loaded their already formidable lineup with superstars like Mick Pennisi and Jay Washington, who were acquired in the off-season. They also took in Bonbon Custodio in the rookie draft.
They joined Lordy Tugade, Dondon Hontiveros, veterans Olsen Racela and Dorian Peña, and Froilan Baguion, the team’s latest acquisition.
Baguion, who was released by Coca-Cola last week to accommodate veteran guard Rodney Santos, made a good impression in his first game as a Beerman.
“I’ve been keeping an eye on him ever since when he was still playing in the PBL and I know his capabilities. It also came at a perfect time as we need to shore up our backcourt and he delivered in his first game,” said Tanquingcen.
Ranidel De Ocampo was traded to Talk n Text in exchange for Don Carlos Allado. Ranidel will be reuniting with his brother Yancy, this was according to NBN Sports.
Boxing is the art of hitting "HARD" and not being hit
does this trade makes sense?
You've got to have it to win it
does it matter? a lot of trades doesnt make any sense in the PBA. and more will come in the future.
With recent PBA trade, De Ocampo brothers reunited at Talk N Text
12/16/2008 | 08:08 PM
MANILA, Philippines - Make that a "Bond of Brothers Part Two" for the De Ocampos.
Ranidel de Ocampo, the six-foot-six member of the national team that will play in next year's FIBA Asia Men's Basketball Championship, will be reunited with elder brother Yancy in the Philippine Basketball Association.
This developed after Air21 and Talk N Text agreed to swap the younger De Ocampo and veteran center-forward Don Allado.
Besides getting Allado, Air21 also acquired the rights to Talk N Text's first-round pick for 2012. Air21 had already locked the rights to San Miguel Beer's future first-round picks for the next three years (2009, 2010 and 2011).
The De Ocampo brothers were former teammates at the Saint Francis of Assisi in the National Capital Region Athletic Association where they starred in a handful of championship seasons for the Doves.
"I told Talk N Text management that Ranidel is a rising star while Don is a veteran. Although they are both receiving maximum salaries, we felt na medyo angat si Ranidel so we got their first round pick as well for 2012," Air21 representative to the PBA board Lito Alvarez told GMANews.TV.
De Ocampo, who has been the Express' main man up front, learned about the trade Tuesday when Air21 management informed him that he will be shipped to the Tropang Texters. He bid his teammates goodbye during practice on the same day, the only team de Ocampo has played for since he was drafted in 2004.
"I told Ranidel to look at the trade positively. He has a chance to shine at Talk N Text. At the same time, I think it's an opportunity for JR Quinahan and Doug Kramer to shine as well," Alvarez added.
The six-foot-six Allado, meanwhile, will be playing for his third team since turning pro in 2000. He played for Alaska Aces before he was traded to Talk N Text.
‘Tropang’ De Ocampos
Written by Joel Orellana / Reporter
Tuesday, 16 December 2008 21:14
THE De Ocampos are reunited once more.
Talk ’N Text and Air21 agreed to swap their big men in a move seen as their efforts to enhance their chances for the two automatic semifinals seats in the KFC-Philippine Basketball Association Philippine Cup.
Ranidel de Ocampo joined older brother Yancy in the Tropang Texters lineup in exchange for Don Allado, plus a future first-round pick.
The deal was consummated late Monday evening. It only needs the approval by PBA commissioner Sonny Barrios.
“Losing Ranidel is like losing a foundation,” said Express head coach Bo Perasol.
“He blossomed with the team, a double-double player with an A-1 attitude. He’s the coach’s ultimate player. I don’t know how anybody can fill in his shoes,” Perasol added.
De Ocampo’s arrival fortified the already talented frontline of Talk ’N Text, which boasts of Yancy, Ali Peek, Harvey Carey and rookie Rob Reyes.
The young de Ocampo was Air21’s fourth pick overall in the 2004 rookie draft and had a career average of 13.9 points, 9.9 rebounds and 3.9 assists. Allado, Alaska’s No. 8 choice in 1999, has career averages of 8.8 points and 6.4 rebounds.
The BusinessMirror learned that Allado, a former De La Salle standout, still attended the practice of Talk ’N Text on Tuesday.
Perasol admitted that de Ocampo was a big loss to the team, especially now that the Express are in a good position for a possible automatic semifinals seat. But he accepted Air21 management’s decision.
“The team understands it is the prerogative of management to do that [trade] and we all respect that,” he said.
Allado’s minutes dwindled this conference with Peek, Yancy de Ocampo, Carey and Reyes sharing playing time for the center and forward positions.
Talk ’N Text and Air21 have been trading partners in the last two years. Jay Washington and Mark Cardona were originally drafted by the Express in 2005 but were immediately traded to the Tropang Texters before that season started.
Renren Ritualo also came from the Express and is also now with Talk ’N Text.
The trading deadline for this conference is on December 26 and there are marquee players who are in the trading block, including Red Bull’s Cyrus Baguio.
Ranidel de Ocampo now with Talk 'N Text
16 Dec 2008
Ranidel de Ocampo, running 4th in OPE (Overall Player Efficiency) has been traded to the Talk 'N Text Tropang Texters for Center/Forward Don Allado in a surprise move.
The move strengthens TNT's frontline and will certainly be a big help to Ali peek and Yancy de Ocmpo inside the shaded lane.
Here are the conference statistics of both players prior to the trade.
Ranidel de Ocampo - 36.94mpg (minutes per game), 13.94ppg, 9.94rpg (6th in the league), 3.94apg and 36.0708OPE(4th)
Don Allado - 23.94mpg, 5.25ppg, 6.12rpg, 19.6648OPE
OPE is Overall Player Efficiency™
Ranidel de Ocampo 6-5 200 lbs
College Team: St. Francis Doves
Position : Power Forward
Birthdate : December 08, 1981
Birthplace : Tanza, Cavite
Drafted : 2004: 4th overall by FedEx
Don Allado 6-6 210 lbs
College Team: De La Salle University Green Archers
Position : Center
Birthdate : June 10, 1977
Birthplace : Manila
Drafted : 1999: direct-hire by Alaska
TNT BEEFS UP FOR GINEBRA, ACQUIRES DE OCAMPO IN TRADE
San Miguel vs Rain or Shine as 4 teams make final dash for semis spots
Tuesday, 16 December 2008
Determined to make a big push in the homestretch of the 2008-09 KFC PBA Philippine Cup elimination round, Talk n Text acquired on Tuesday Ranidel de Ocampo from Air21 in exchange for Don Allado and a future draft pick.
De Ocampo, a former St. Francis of Assisi mainstay who has just turned 27 on Dec. 8, suits up with the Tropang Texters as they take on the Barangay Ginebra Kings in their penultimate game in the double-round elims Wednesday.
The 6-foot-6 RP team hopeful has moved over to the Smart/PLDT franchise bringing with him his impressive averages of 13.9 points, 9.9 rebounds, 3.9 assists and 1.1 steals in 16 games with the Express.
De Ocampo has churned out nine double-double games – a league-best number he shares with Sta. Lucia's Kelly Williams, San Miguel's Jay Washington and Purefoods' Enrico Villanueva.
"Losing Ranidel is like losing a foundation. He blossomed with the team. A double-double performer with an A-1 attitude, he's the ultimate coach's player," said Air21 coach Bo Perasol.
Allado, a veteran center, norms 5.3 points, 6.1 rebounds and 1.3 assists. Going with Allado in his transfer to Air21 is Talk n Text's first round pick in 2012.
Four of six teams remaining in the hunt for an outright semifinal berth actually figure in a big rumble at the Big Dome Wednesday.
San Miguel Beer clashes with Rain or Shine at 5 p.m. before Talk n Text slugs it out with Ginebra at 7:30 p.m. with each one out to boost its bid for a Top Two finish at the end of the double-round elimination phase on Christmas Day.
The race for the two outright seats in the semis tightened up after Alaska lost its last two games to Red Bull and Barangay Ginebra.
The Aces remain in the lead with a 10-6 win-loss card but the Tropang Texters, the Beermen and the Elasto Painters are now close behind at 9-7. The Sta. Lucia Realtors and the Kings are also breathing down the Aces' neck at 9-8 and 8-7, respectively.
"The entry of Ranidel makes Talk n Text a tougher team. We'll be having a tougher time against them," said Ginebra coach Jong Uichico of their game against Talk n Text.
The Tropang Texters had been on a four-game romp before being stopped on their tracks by the Purefoods Giants Sunday. The Kings, meanwhile, got back in the thick of the fight for the Top Two in winning five of their last six games.
San Miguel and Rain or Shine are wary of one another.
“We have to come into the game with a defensive mind-set and make sure we don’t give up hustle points," said San Miguel coach Siot Tanquingcen.
“This is another big game for us. Mahirap kalaban ang San Miguel and I just hope we continue to play with passion and unselfishly," said Rain or Shine’s Caloy Garcia.
The Beermen and the Elasto Painters are both coming off losses with the former stunned by an Asi Taulava-less Coca-Cola side, 91-105, Friday and the latter whipped by the Tropang Texters, 83-92, Wednesday. (NC)
Last edited by nardy; 12-16-2008 at 11:14 PM.
Tuesday, December 16, 2008
Harbour reaffirms intention to join PBA
By Rey Joble
HARBOUR Centre is reaffirming its intentions to join the Philippine Basketball Association—either as an expansion team or as a replacement squad—buying an old existing franchise in the pro league.
A highly placed source told Standard Today that Harbour Centre, which was supposed to join the PBA three years ago, is going to provide PBA commissioner Sonny Barrios its letter of intent to join the Asia’s first professional league after successful stints in the amateur league.
“They’ve withdrawn their intentions to apply before,” said a PBA insider, who requested anonymity. “But they are now reaffirming their intentions to apply either to buy an old franchise or enter as an expansion team.”
In 2005, Harbour Centre made known its will to enter the PBA as Shell put its franchise on sale.
But Harbour Centre lost interest when the Turbochargers unloaded players from different teams. Among those marquee players who were dispersed to different teams were Tony dela Cruz, Rich Alvarez, Ronald Tubid, Billy Mamaril and Roger Yap.
With one of the teams reportedly in trouble in financing its franchise, Harbour Centre is signifying its intentions to join.
This time, the company, which is reportedly now owned majority by Metro Pacific of businessman/sportsman Manuel V. Pangilinan, is willing even to enter as an expansion team.
Since 1990, RFM, Pepsi Cola, Tanduay and Red Bull were the expansion teams which entered the pro league.
If Coke and Red Bull get's replaced by Harbour Centre and Burger King .....
Then we would have 3 MVP teams (Talk N Text, Harbour Centre and Burger King), 3 Danding teams (San Miguel, Ginebra and Purefoods) plus Air21, Alaska, Sta Lucia and Rain or Shine.
Add air21 to the other 3 but the rumor is air21 replaced by BK so if it this materialize 4 on 3add the RP developmental team if its a guess team
Dec. 18, 2008 Thursday
In her column, she stated "Salaries are dealayed"
There is this team who is delayed in giving salaries. This does not happen in the past and they were on-time before in paying salaries. Maybe it is because the team is a bit hard-up right now, this might be the reason for the delay in giving salaries.
But wait, can't this be an indication that the team is slowly saying good bye to the league?
Gone were the times when star players would volunteer to team management in getting pay cuts in order for the whole team and company get over whatever financial difficulties that the company is in.
Heard some players are enjoying so much the celebrity lifestyle they are getting that they are even asking for an "increase" in order to support their current "luxury needs" despite knowing several of their team mates just earn a fraction of what they are getting and are actually just making ends meet.
This is pretty sad as this is slowly killing basketball.
It is very sad to a PBA basketball fan to see another PBA franchise folding.
But the future is indeed bright if Harbour Centre and Burger King do decide to enter the PBA in two years time.
FOUR-ward for the Big Red Machine
From what I read from another forum, the salaries of several Teams are delayed for some time. Actually one team has the PBA to thank as they are shouldering it for the time being. One or two teams are seriously considering disbanding after this conference at the earliest. Some of the fil-foreign players are contemplating in going home already.
The problem is the companies who are interested to join the PBA are not that ready to just assume the disbanding teams right now. Maybe next season they might be ready.
Perhaps, the PBA could invite Toroman's team to participate as a guest team if a team disbands after the Philippine Cup. Toroman's squad is composed of collegiate stars and the collegiate season is still far away.
FOUR-ward for the Big Red Machine
3 to 4 teams in the PBA are reportedly delayed in giving the salaries of players which is resulting on players either saying they are injured or players just doing the motions of the game without an extra effort.
there are also teams in the PBL that are also late in giving allowances to their players.
It is a bleak Christmas to several players as some does not have enough savings to cover the expenses for the holidays. Also heard a lot of the players are having problems with their credit cards.
Red Bull to ship two key men to TNT?
12/24/2008
Reports yesterday are ripe struggling Red Bull may yet lose another high-caliber players for merely two first round picks in next year’s rookie draft.
Slam-dunking Cyrus Baguio and playmaker Celino Cruz are reportedly set to be shipped to Talk ‘N Text for future first round picks when the 2009 KFC-PBA Philippine Cup playoffs unfold next week.
Although league sources said the trade is almost a done deal, Tropang Texters coach Chot Reyes claimed no knowledge of the negotiation while Bulls’ team manager Tony Chua flatly denied its veracity.
“Kung sa level naming mga managers wala pang usapan,” Chua said. “Ewan na lang sa level ng mga nasa itaas.”
Even those outside the loop confirmed the veracity of the deal, including Rain or Shine coach Caloy Garcia and a coach from Ginebra who refused to be identified. Ginebra even tried to work on a deal in an attempt to acquire Baguio, but talks bogged down late Monday night.
The deal, which came on the heels of the Ranidel de Ocampo-Don Allado trade, needs the final approval of PBA commissioner Sonny Barrios. But Barrios said nothing has reached his office as of late yesterday.
He also said there is still enough time for both parties to mull over their decision.
“The deadline for the trades is at 12 noon of Dec. 26 — if there will be no playoff,” Barrios said. “If there will be a game on the 28th, then the deadline will be at 12 noon the following day, Dec. 29.”
His last statement refers to the scenarios of tomorrow’s Christmas Day showdown between Talk ‘N Text (10-7) and Air21 (8-9) and Ginebra (9-8) against Rain or Shine (10-7).
If Talk ‘N Text and Ginebra win, then the Tropang Texters will clinch the second spot along with the automatic semifinal slot with pacesetter Alaska Aces (12-6). The Kings, however, would wind up third for an outright slot in the quarterfinals.
Should Talk ‘N Text and Rain or Shine win, meanwhile, they will engage in a one-game playoff for the second spot while Ginebra will face San Miguel in a playoff for the fifth spot and last quarterfinal slot. If Air21 and Ginebra win, Talk ‘N Text and Rain or Shine will vie in a playoff for the second spot while the Kings will take the fifth spot and the Express take the seventh place.
If Air21 and Rain or Shine win, the Elasto Painters wind up second, Talk ‘N Text at third while San Miguel and Air21 will fight for the fifth spot. Ginebra, however, will be relegated to the seventh place.
“We all know that he is really a very good player,” Reyes said. “But the problem I can see right now if ever those talks are true, yung pwesto nya (two-guard) is already filled na sa amin. I don’t know yet how it will affect our preparation.”
http://www.tribune.net.ph/sports/20081224spo1.html
""failure is not the end but just the beginning of a victorious journey..just keep on dreaming and we will be back on the olympics''''
it is like the Tanduay fire sale all over again ......... in case Red Bull does disband, it would have no star players who could entice probable buyers to get an interest to buy the franchise.
then they will let harbour in and allow them to carry their top 8 players from the amateurs.
"There are only three kinds of mathematicians: those who can count, and those who can not."
Ana "The Hurricane" Julaton - 1st Filipino Female Boxer Double Word Champion.
I'm just suprised it's not one of the SMC teams that got Baguio and Cruz...
Red Bull is becoming an embarassment to the league. They should just disband if they really can't afford a PBA team.
When Red Bull was making fire sales the last couple of years, the excuse then was that Guiao has a "system" which had allowed them to win despite losing stars from their team. This conference, they finally reached a point where they can't win anymore despite Yeng Guiao's system.
Now there are reports of delayed salaries, etc., its really sad to see these things happening to the team.
If they don't have the money anymore to support the team, then just quit. It will hurt their brand more if they end up looking like paupers and losers.
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