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Old 07-06-2011, 01:00 AM   #7
Sarcastic
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Default Re: NYTIMES reporting that nba crying foul over financial crisis

Quote:
Originally Posted by boozehound
the point is, during this last CBA (which the owners "won", a really stupid platitude the media like to use that means nothing), the operating margin went from a pre-cba average of nearly 20% to barely over 7% during the current cba. of course the owners want to move it back. just look at the operating income 5yr and 10 yr changes.

Right, they are a lot less profitable since their "other expenses" have grown out of proportion with their revenues. That is the expense that has gotten out of hand.
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