NBA Economics
This article is a very interesting expose of NBA economics and why I think the owners' arguements are a charade.
8 months ago
hlac
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Hmm
This is still New Jersey, or the Metro NYC region which provides a large TV and fan base. The Nets may not be that popular, but they are in a good area where they can turn that around with so many people to appeal to.
Now, what if you’re the Spurs or the Wolves or the Kings or the Grizzlies or the Cavs or the Bucks or the Hornets? Are these clubs sitting on potential real estate speculation gold mines?
I can predict the future using Norm Van Lier's crystal balls.
"Sam has a tendency to denigrate reports coming from any reporter who didn’t also cover the day Naismith first put up the peach baskets." - snley
In this case it happened to be real estate .
The point is that there’s tends to be more to an NBA team than just that team’s balance sheet and income statement.
He took his what to where?!
i thought the point about teams reimbursing municipalities who subsidized them was really interesting. i hadnt heard that before.
"Ponchon," says Courteline, "has lived for over twenty-five years in the same house. It has been sold several times, and the different owners always stipulate in the deed that Ponchon will have no rent to pay; all this, without his ever having asked for it."
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