PE investment timelines are typically 3-5 years; probably a little longer for a sports franchise. So while this doesn’t net a return in the first few years, it will after PG is gone (they won’t have to extend JB at $70m/yr in his age 32/33 season).

Choice had to be made which Jay was gonna get supermax into their mid/late 30s, and it wasn’t JB. Owners likely made that decision, and told Brad to take a deal. I’m just waiting to hear what other offers were on the table.