"'The pool of American buyers who fit that mold has dwindled. Look at [Oracle CEO] Larry Ellison. Five years ago, he would have jumped on the Warriors like Cuban jumped on the Mavericks. Now he's being much more cautious. He doesn't think they're worth more than $325 [million] and they aren't. Not with the current revenue system, not without a new arena, and not with a lockout coming. It's a dumb investment.'"
- Simmons, quoting a wealthy friend.
I run hot and cold on Simmons, usually cold, but this is one of his best pieces in a while. Especially the part about "The illusion of regret."