QQ-Sports > Basketball > Seven years ago, Tsai Chongxin bought the Nets for 3.3 billion yuan. How much is it worth selling now? You may not believe it if you say it.
Seven years ago, Tsai Chongxin bought the Nets for 3.3 billion yuan. How much is it worth selling now? You may not believe it if you say it.
If you want to say that the boss in the NBA is most willing to spend money, then Cai Chongxin must be one of them. As the first Chinese boss in the NBA, Tsai Chongxin is not only a basketball enthusiast, but also "at all costs" when operating the team. As long as the team can have the ability to compete for the championship, he is willing to spend money. So, since the acquisition of the Nets in 2018, has Cai Chongxin made a profit or lost money? Let’s take a look together below.
In 2017, Tsai Chongxin acquired 49% of the Nets' shares for US$1 billion, and then spent another US$1.35 billion to buy the remaining 51% of the shares in 2018, becoming the Nets' only boss for a total price of US$2.35 billion. At the same time, Tsai Chongxin also won the team's home Barclays Center for US$700 million and assumed US$325 million in debt, with a total cost of approximately US$3.38 billion, equivalent to approximately RMB 24.5 billion.
Although the Nets were the "bottom" in the league at that time, Cai Chongxin's acquisition brought a big turn to the team's fate. After taking office, he made drastic reforms, cleared up premium contracts, signed Durant and Irving with a lot of money, and traded Harden, quickly turned the Nets into a favorite to win the championship. Now, the Nets' performance is still impressive, and the team's market value has also risen.
According to the latest data in 2025, NBA teams' market value has generally increased. According to Forbes, the Nets are valued at $4.8 billion in the 2024-25 season, ranking eighth in the league. Considering the Nets' market influence, star effect, and New York's superior geographical location, if Tsai Chongxin sells the Nets at this time, including assets such as Barclays Center, the total transaction price is expected to reach US$5 billion to US$6 billion.
Tsai Chongxin's investment vision is impressive. Since the acquisition in 2018, the team's market value has increased by nearly US$2 billion in just a few years, and it has made a lot of profits. The Nets' performance and popularity have also gradually increased. Although they have not won the championship yet, the team's commercial value has greatly improved. Tsai Chongxin's love and investment not only made the Nets shine on and off the court, but also became a successful work on his personal investment map. In the future, if the Nets can win the championship, their market value and influence will further increase.
In general, Tsai Chongxin's acquisition of the Nets in a gamble back then has gained a lot now. The Nets' valuation in 2025 far exceeded the acquisition price that year, which fully proves Tsai Chongxin's keen insight and decisive decision-making ability in the business field. It is worth mentioning that Tsai Chongxin sold part of the Nets' equity to the Koch family last summer, with a total valuation of about $6 billion. The deal also made Cai Chongxin's assets exceed US$10 billion.
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