Originally Posted by gigantes
other owners may be upset, but as i understand it a lot of the penalty money flows back to their revenue streams.
there's also the fact that trying to buy a championship usually doesn't work, especially with stars that are either too young or too old.
so a lot of things... a LOT of things... still have to go very right for the nets to even make the finals. once the razzle-dazzle of all this has passed, the nets are pretty much swimming in the same waters as the other contenders.
also, the NY market brings in way more money than most, not to mention the nets have savaged their drafting for the next several years. nobody should be looking past all the different factors in this equation.
It's irrelevent unless it affects future teams. IF this fails and then the Nets never spend again, it's a problem. Otherwise it's an owner treating a team like a sports team, pumping money in to win and not concerning himself if he makes a profit.
Spurs have during some of their title years lost money and overspent past their budget. Overspending isn't bad unless you overspend, fail and then decide you need to make up the difference by gutting a future team.