The Bobcats also joined the bidding war, offering the highest bid...
Zhang Yang was surprised when he heard that Joe had offered Peja a 5-year, 70 million US dollar contract; how had the boss become so generous?
But on second thought, boss Joe was frugal because the team itself wasn't making money. He eventually made over a billion US dollars with the Bobcats, which was from the team's appreciation in value. Ticket sales, broadcasting rights, sponsorship deals... they barely made any money from these, and it was said they often had to pay out of pocket for salaries.
This time it was different; the team was making money, and quite a lot of it, especially since the Rockets failed to make the playoffs last season. Many sponsors that had circled the Rockets, looking down on this 'bottom-feeder' team, had jumped ship to them.
Under such circumstances, Joe would certainly be willing to spend money to make the team stronger. The better their results, the more they could earn.
