The Chicago Bulls: Fiscal NBA Champions

by chicago-homesick-blues on Jul 21, 2009 10:18 PM CDT Comment 21 comments

As fans, we want the Bulls to win games, win games, and win games. Winning games is how we-fans measure success. But what about the team owners? How do they measure success? With professional sports being a business, I expect the team owners to measure success partially on net profit (aka operating income). So, which team is the NBA Fiscal Champion? The Chicago Bulls.

For fiscal 2008, The Chicago Bulls Organization earned $55.4 million net profit. This year, the Lakers won the championship, the Cleveland Caveliers won the most games, the NY Knicks and Dallas Mavericks spent the most money. The Chicago Bulls was the most successful NBA business organization.

Below, is a ranking of the teams by net revenue. As fans, we should be proud. Be proud!

team revenues

Is winning everything? Is winning the only thing?
What about making a profit by staying under the luxury tax, with possible plans of spending the stashed dough on something/someone worthwhile in 1 or 2 years?

Trading for Boozer or Shaq, or signing BG or Iverson would not make the Chicago Bulls title contenders. Signing Wade and Bosh in 1 or 2 years would.

So, hey, this Bulls' ownership may have a real long term plan. They sure do have the stash for it.

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6 recs | Comment 21 comments

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Comments

I've definitely heard from multiple sources that this is true

but just out of curiosity do you have a link or can you cite the source?

Again, I’m not questioning the validity — I just would like to know for my own sake (and future reference).

Good stuff though. Rec’d.

by Rose Colored Goggles on Jul 21, 2009 10:54 PM CDT reply actions 0 recs

From Forbes

link

by NPR1998 on Jul 22, 2009 2:33 PM CDT up reply actions 0 recs

They should broadcast what happens in the board room.

So we could cheer for where the real victories are achieved.

Everything I post is speculation. I have no insider information nor ideas deemed concrete enough by those who are self-elected to regulate post content.

by cranscape on Jul 22, 2009 12:19 AM CDT reply actions 0 recs

Rec. Agreed! we should be able to share in the celebration!

"I tried being reasonable, I didn't like it."
"Go ahead, make my day"
"We boil at different degrees"
"A good man always knows his limitations"
"You've got to ask yourself one question: 'Do I feel lucky?' Well, do ya punk?"

by exult463 on Jul 22, 2009 10:29 AM CDT up reply actions 0 recs

Wow.

I wouldn’t have guessed we had the best profits. Your chart says it was from December of 2008 though.

by KJBidz on Jul 22, 2009 8:24 AM CDT reply actions 0 recs

That's what fans get

for filling the seats no matter how bad the team is. Ownership doesn’t feel the pressure to put a better product on the field. Cubs fans should know something about that.

I can also see why the Knicks were willing to pay so much money for so long. Their revenue is so far above everyone else, that they can afford it. Just think if they had actually spent the money wisely.

by runningman on Jul 22, 2009 10:51 AM CDT reply actions 0 recs

Agreed

Making money is of course very important for them as businessmen. However, for the fans that are putting money in their pockets I do think an attempt to field a team that can contend for a championship is warranted. We have been some of the most loyal fans in the NBA. We stood with them when they could barely win ten games and kept putting money into their pockets by attending games and buying merchandise. I think the fans deserve to have a team that is capable of getting into at least the 2nd round of the playoffs.

The Dude Abides

by Savage23 on Jul 22, 2009 11:40 AM CDT up reply actions 0 recs

Waste

I’m pretty sure I’d give up on the Bulls if they looked like the Knicks for the past five years. What a waste. However, I wouldn’t be opposed to signing Stephon Marbury to a max contract!

by chapuforyou on Jul 22, 2009 11:58 AM CDT up reply actions 0 recs

Are you serious

If we signed Marbury then we would become the second coming of the Knicks. The guy is cancer; how could you even consider him in Bulls uniform.

by bluezman7 on Jul 28, 2009 6:16 AM CDT up reply actions 0 recs

I'm pretty sure that was sarcasm

Things could be worse. We could have kept Boylan.

by stupidgenius on Jul 28, 2009 9:55 AM CDT up reply actions 0 recs

I hope so

by bluezman7 on Jul 28, 2009 10:25 AM CDT up reply actions 0 recs

Then why did you have a serious reply?

Things could be worse. We could have kept Boylan.

by stupidgenius on Jul 28, 2009 5:13 PM CDT up reply actions 0 recs

I did not think or realize it could be sarcasm until you pointed it out.

by bluezman7 on Jul 29, 2009 1:33 AM CDT up reply actions 0 recs

so what

this will not help the bulls bring in any championships

by left shark on Jul 25, 2009 11:36 PM CDT reply actions 0 recs

Bulls have been pulling the most revenue for the last couple of years now

"I'm going to enjoy an apple in bed." - Derrick Rose

by E-Grizzle on Jul 28, 2009 10:49 AM CDT reply actions 0 recs

Time to boycott Bulls games

No championship team, no profits!!!

by bull83 on Jul 29, 2009 6:35 AM CDT reply actions 0 recs

Chicago helps

Bulls are profitable because corporations waste money on tickets, and there are more big tome corporations than there was in kansas city to support the Kings back in the day and today in Sacramento. Ditto for other small markets. so really who cares they are profitable. Its only because there are rich foolsih people in the city who are willing to keep spending big money hopeing for another jordon era.

take it easy
why care about a bloggers grammar

by angryandy on Aug 1, 2009 6:58 AM CDT reply actions 0 recs

Holy crap!

Angryandy had an entire comment where the only mistakes were jordon, kansas city not capitalized, hopeing, foolsih, tome, then instead of than, and was instead of were. He’s learning, I didn’t even realize it was him until I saw his name at the bottom.

Things could be worse. We could have kept Boylan.

by stupidgenius on Aug 1, 2009 11:46 AM CDT up reply actions 0 recs

i feel sorry for you

that your life is so consumed by proofreading everything that comes before your eyes Do you expect compensation for this dingbat oh here is a ? for your pathetic obsession sorry :(

take it easy
why care about a bloggers grammar

by angryandy on Aug 1, 2009 5:04 PM CDT up reply actions 0 recs

Only proofread your comments andy

Only yours.

Things could be worse. We could have kept Boylan.

by stupidgenius on Aug 2, 2009 7:30 PM CDT up reply actions 0 recs

that your life is so consumed by proofreading everything that comes before your eyes Do you expect compensation for this dingbat oh here is a ? for your pathetic obsession sorry :(

take it easy
why care about a bloggers grammar
no matter how much you hate me you still read and comment me

by angryandy on Aug 1, 2009 5:06 PM CDT reply actions 0 recs