YachtCharterFleet.com does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information and/or images displayed. The Dodo founder’s $13 million Sunseeker pleasure palace might look like the Titanic, but at least there are no icebergs in the bay. • Clippers at 76ers, 7 p.m. on ESPN The NBL privately acknowledges that it could have made the negotiations a bit easier for Durant, who, sources say, hasn’t ruled out giving the NBL another look in the future. “After 20 minutes, I’m thinking, ‘Zach Randolph is rebounding for me.’ It was surreal. Another pushed back on Kestelman's insistence that the teams were in a phase where financial investment was vital. THE NBL is enjoying a moment.The league set an average attendance record last season of 6,348 and is up another nine percent this season. (3:14). VIRTUALLY EVERYONE WHO has an ownership stake in the NBL cites the product's NBA feel as one of its positive attributes. The $13 million Sunseeker motor yacht named Vegas is 37 metres long and has a fulltime crew of seven. Another pushed back on Kestelman’s insistence that the teams were in a phase where financial investment was vital.A couple of drinks in, Kestelman had heard enough. ", During the past three decades, the average NBA player salary has multiplied more than seven times. Fender Katsalidis, Oculus and the owner of Australia’s National Basketball League have put together a radical proposal for a new sporting precinct on Wilkinsons Point, Hobart that would be home to a new Tasmanian basketball team.. "And the NBL is intriguing for someone in their mid-30s to own and run a team in professional sports.". "You want to play with a big car, first you play with the little car. Basketball is still Marion’s true love, the sport he intuitively knows and the one in which he can imagine playing the most central role post-retirement. In the past year, Martin has purchased the majority of the Brisbane Bullets with former NBA exec and agent Jason Levien. Both top prospects are part of the NBL’s Next Stars initiative to lure elite North American high school players away from a year in the NCAA in favor of a season in Oceania as first-year pros. This is a feature that Martin, Marion and Kestelman emphasize: The NBL is a nice starter home for any NBA player. "I look at it as a matchbox car," Kestelman said. NBL owner Larry Kestelman and his luxury yacht Vegas. Kelly Defina/Getty Images. Marion racked up salary earnings of $134 million over his 16-year career. In 2012 Larry decided that simply owning NBL franchise Melbourne United wasn't enough. "He was gassing me up a little bit," Madgen said. We're nothing like an NBA club by resources, but in some ways that's good because you get to actually get your hands dirty and get involved with everything that needs to be done around a club.". IN SEPTEMBER, the team owners of the National Basketball League gathered on a three-story, 37-meter yacht named “Vegas” for their annual excursion off the coast of Australia. When Ball and Hampton faced off in late October, nearly 2 million viewers across the globe watched on Facebook. +7 … Picture: Luke Marsden “I stood up and was looking at the crowd, they were going absolutely nuts, there was not an empty seat in the house, music was blaring, it was a good feeling. Martin and Levien bought controlling stake of the Bullets based on a valuation of $9 million to $10 million, a boon for a league that could barely give away a franchise seven years ago. He is the NBL's uber-authority, which means that when a team owner wants to air a grievance, it gets fired in his direction. It's not dissimilar. Vegas belongs to Larry Kestelman, ... Kestelman challenged any owner on the yacht who had buyer's remorse or an irreconcilable issue with his vision: I'll cash you out. He considered joining a group to bid on an MLB team, and another for an MLS franchise, but both deals fell through. Australian NBL boss Larry Kestelman told The Sunday Herald Sun: 'This is bigger than any NBA game, this is the combination of every best player in the USA coming here to play Australia. ", Kevin Martin: From NBA star to NBL owner (3:14). In September, the team owners of the National Basketball League gathered on a three-story, 37-meter yacht named “Vegas” for their annual excursion off the coast of Australia. "After 20 minutes, I'm thinking, 'Zach Randolph is rebounding for me.' He can imagine a future as a CEO of an NBA team once he has the requisite knowledge of the business. He also made millions as a property developer. Like Randolph, he made the rounds at the arenas, to the delight of Australia's rabid basketball fans, and did a slew of media hits on behalf of the Breakers and the NBL. Marion flew down in October for the start of the NBL season to watch the Breakers' first three games. Now that I've been, I would say that the way we have it set up over there, it's the closest thing to NBA ball. Australia's NBL might be the gateway to NBA ownership, D-Wade leaps into ownership with stake in Jazz, Lakers' Davis cleared for practice, nearing return, USC 7-footer Mobley declares for NBA draft, MJ to serve as Kobe's presenter at Naismith HOF, Nets' Aldridge abruptly retires due to health scare, Scorching Curry eyes Klay's 'gettable' 3-pt. At a recent showdown between the Kings and Melbourne United in Sydney that drew 9,512 in attendance, the texture and mood of the venue was very NBA -- from the corporate hospitality to game operations (right down to the kiss cam). “And none of us are billionaires.”. 2018 started in style for the Society of Women Leaders with a sunset cruise around Melbourne on board super yacht Vegas. NANCY-JEAN is a 37m luxury motor super yacht available for charter built in 2009. Martin plans to spend a full month in Australia in early 2020, and he anticipates spending a third of his time in Brisbane each year, immersing himself in his education of the Australian market. That’s the thing I was in awe of.” IN SEPTEMBER, THE team owners of the National Basketball League gathered on a three-story, 37-meter yacht named "Vegas" for their annual excursion off the coast of Australia. Randolph owns a small percentage of the Phoenix, and like the other NBA players who have bought into the NBL, he has entered into a mutually beneficial arrangement by investing with a friend in a franchise. The players, coaches, facilities, trainers, marketing — it really felt like a small-scale NBA.”. Like Randolph, he made the rounds at the arenas, to the delight of Australia’s rabid basketball fans, and did a slew of media hits on behalf of the Breakers and the NBL. Vegas belongs to Larry Kestelman, the Melbourne entrepreneur widely regarded as the individual most responsible for resuscitating professional basketball in Australia and New Zealand. More Aussies than ever play NCAA basketball, with many returning to compete in their home league. He moved through his shooting routine, with Randolph playing the role of cameo assistant coach.“He was gassing me up a little bit,” Madgen said. Larry Kestelman is the immigrant turned entrepreneur who co-founded phone and internet company Dodo, which sold for a cool $230 million. Last month, more than 17,500 fans packed Qudos Bank Arena to watch Ball's Illawarra Hawks play the Sydney Kings. But there he was, soaking wet in street clothes, on the floor at Melbourne Arena an hour after watching his new holding — the Phoenix — get nipped by a point by Melbourne United. For former players who are looking for a sweet spot that connects their entrepreneurial ambitions with their area of expertise, the NBL offers the ultimate perks: affordability and opportunity.“The next 10 to 15 years, there are going to be a lot of players who retire with 50 to 100 million dollars,” Walsh said. There aren't many franchises where an owner will get on the court and rebound for a player.". “I look at it as a matchbox car,” Kestelman said. We were ready to launch the life rafts when we heard National Basketball League chief executive Larry Kestelman’s super yacht ran aground in Port Phillip Bay. Since retiring from the NBA in 2015 -- four years after winning a title with Dallas -- Marion had been itching to move into an ownership role in pro sports. He is the NBL’s uber-authority, which means that when a team owner wants to air a grievance, it gets fired in his direction.As the owners downed their pre-dinner drinks while gliding atop the turquoise waters between Hamilton Island and Queensland, the conversation grew more spirited. Three years after purchasing the Melbourne Tigers in 2012, Kestelman bought a majority stake in the NBL and began pouring tens of millions of dollars into rebuilding a league that had fallen into disrepair. "You have to be a billionaire to own an NBA team," said Kevin Martin, who retired in 2016 after playing 12 seasons and earning $83 million in salary with five NBA teams. When the chance to join Walsh presented itself, Marion jumped.“I didn’t know anything about the NBL,” Marion said. Early in 2018, former Phoenix Suns forward Shawn Marion joined a group led by Matt Walsh -- who played briefly for the Miami Heat -- to acquire the New Zealand Breakers. "Australia is a gem," he said. The NBL privately acknowledges that it could have made the negotiations a bit easier for Durant, who, sources say, hasn't ruled out giving the NBL another look in the future. "You're not getting [an NBA] team for less than $1.5 billion. Larry Kestelman is on Facebook. Vegas belongs to Larry Kestelman, the Melbourne entrepreneur widely regarded as the individual most responsible for resuscitating professional basketball in Australia and New Zealand. View Larry - Kmiecik’s profile on LinkedIn, the world's largest professional community. That's the thing I was in awe of. “You can always find someone to write a check [to join an ownership group], but how many are walking around with NBA championship rings?”Since retiring from the NBA in 2015 — four years after winning a title with Dallas — Marion had been itching to move into an ownership role in pro sports. "The next 10 to 15 years, there are going to be a lot of players who retire with 50 to 100 million dollars," Walsh said. Picture: Luke Marsden. On April 2, NBA prospect LaMelo Ball told ESPN that he and his manager have purchased his Australian NBL team. Editor’s note: This story was originally published on Dec. 26, 2019. "And none of us are billionaires.". In court, Mr Numa's defence lawyer included a character reference from NBL executive director Larry Kestelman, who has known Mr Numa for 11 years. In Sydney, longtime Golden State Warriors veteran Andrew Bogut now starts at center for the Kings, and he will have an option to vest in the franchise upon his retirement.Prior to Martin coming into Brisbane, Kevin Durant flirted with purchasing the team. Watch on ESPN+. Jerome Miron/USA TODAY Sports.Virtually everyone who has an ownership stake in the NBL cites the product’s NBA feel as one of its positive attributes. Three games Clive Palmer is rumoured to have bought himself a yacht was originally published on Dec. 26 2019... 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