It’s worth what the buyers and sellers believe it’s worth

Let’s say the Milwaukee Bucks owners had agreed to a new contract extension with Giannis to keep him for the next twenty years at a total price tag of $1 billion. Basketball people probably would have flipped the f*** out. “He’s only got ten productive years left in his career! What if he gets injured? What if we can’t sign any other star players under the cap?” they would scream. “He&...

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source https://thereformedbroker.com/2021/01/05/its-worth-what-the-buyers-and-sellers-believe-its-worth/

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