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How did Al Davis make his money? He got investors willing to buy the team and he found a way to pay the luxury tax for the franchise. How did he do it? He bought the Los Angeles Lakers and he re-ran them for two years. You might say he inherited a successful business.
There are two schools of thought about how did Al Davis make his money. The first school believes that he simply borrowed it from some wealthy friends and that his business sense was so good that he could convince them to pay him back. The second school of thought is that he was so good at what he did that he became a millionaire in two short years. I am sure there are those who believe Al Davis was smarter than the guys who came before him and that he just knew how to make money. Whichever school of thoughts you have, you can be sure that Al Davis knows how to make money as a basketball team owner.
In order for a basketball team to be successful there must be a solid owner or principal who controls the team and makes sure that the vision of the team and the logo are carried through to the players, coaches and fans. That is only one way there is money for a team to be raised. There are other ways including merchandise sales and television rights and other ways of raising money.
Al Davis has always been open about how he brought a championship team to prominence and how he used his knowledge to bring fresh young talent into the NBA and then groomed those players so that when the time came to sign them to professional contracts they were well prepared. He never hid his desire to be a dominant force in the National Basketball League and he was able to fulfill that goal by signing standout free agents like Larry Hughes and Chris Paul. He also signed other great free agents like Clyde Drexler and Sam Perkins who made the Boston Celtics very successful. He also signed such stars as Mike Bibby and Ron Artest and brought in some good players to help make the Los Angeles Lakers into a title contender.
How did Al Davis get so good at buying and selling sports franchises? In fact, he is so good at it that some people wonder if he is the best owner in all of professional sports. The man knows how to buy and sell sports teams because he did it with the Lakers when they won three titles in four years. There is no question that Al Davis was a driving force behind the growth of the Los Angeles Lakers into championship contenders and has done it again with the expansion Los Angeles Clippers.
When the team first moved to Los Angeles, they struggled to find a place to live because of the lack of space and they had to play in the home arena of the rival Houston Rockets. They finally found a place to call home and it turned out to be the Forum Gardens in downtown Los Angeles. This was one of the most prestigious arenas anywhere in the world. Al Davis knew that if he hired the right people to build a championship team, he would have a winning team every single time. He was absolutely right.
In fact, he signed a number of players who became some of the best in the NBA and created the Hall of Fame team that we have today. When you think about how did Al Davis make his money? He did it by putting together a great basketball team and making sure that the right people were placed in charge of the basketball team. He was so smart and so ruthless in his business sense that he knew what he was doing when he bought the team and he was able to turn it into a very profitable enterprise.
There are many people who question how did al davis make his money and rightfully so. It wasn't by winning a lot of championships, although he did that with the Lakers. It was through the marketing of the team and how did al davis make his money? Through the marketing of the new television show, the NBA playoffs and the current team that he owns. That's a good question, though if you really want to know how did al davis make his money, you need to look into the marketing of this basketball team and how did he do it?
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