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Kings In Anaheim, And The Allure Of Fortune

By | 0 Comments | Feb 17, 2019

When you're a gambler who has never been less than wealthy and you lose your fortune, you get a new fortune. You marry up. You find a new game, and you invest yourself into it totally and you get a new fortune. Anaheim — Los Angeles, HOLLYWOOD — is the Maloofs' new fortune, or so they would hope. When you're a gambler who has never been less than wealthy and you lose your fortune, you don't stick with the old method. You move on, move up. In Donald Trump's America, this is called strategic bankruptcy. Bleach the Earth, and move to the next planet.

The backlash against "If you can't beat 'em, join 'em" has always been based on pride. Or, if you translate the axiom with pride in mind, it becomes "If you can't beat 'em, quit. Watch what they do. Copy them." In this case, that means giving up on Sacramento. Whatever, I'm not that bitter, if that's how the Maloofs want to go out. But it shows a lack of pride in their ability to grind in Sacramento and make it work. They want an easier path.

Everyone balances risks and rewards constantly, in everything we do. The Maloofs' risk in Anaheim is that the new fortune doesn't materialize, and they can't compete even there, and they lose the team to Samueli, the guy bankrolling the grand experiment, the guy who is on the record as desiring an NBA team. But the potential reward? A new fortune, in the form of a more valuable franchise in the No. 2 market in America. The risk in Sacramento is the last two years on repeat, which leads to losing the team to an NBA-selected owner like Burkle; the reward is steady but modest profits. You can't blame the Maloofs for choosing the path of biggest potential. They are gamblers. They don't know what it's like to be "stuck" waiting for that steady growth. They will never know, because they will always be chasing the next fortune.

If they crash? They will never be without; the wealthy are never without. This society worships moxie, and the "boys" have it in spades, and there will always be another opportunity to cash in on. If the NBA doesn't work out for them, and Vegas doesn't work out for them, they will find another chance at fortune, and maybe they'll make better decisions with that one. Maybe they'll pick steady but modest growth over the crapshoot. Maybe they'll pick pride over money.

I doubt it, but anything is possible.

***

This all ignores the fact that the NBA actually stands in the Maloofs' way. What's happening now is the kid kicking and screaming and refusing to do what the parent commands. But I want to play with Anaheim NOW! Go to your room, boys.

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