Silver: "A significant number of teams are continuing to lose money"

[JohnMax]

http://sports.yahoo.com/blogs/nba-ba...181655210.html

Failure of LeBrons to captivate the Globe. Imagine the Bulls in this social media Era. It would be the Beatles all over again.

[chips93]

pre lockout posturing from silver

this is exactly what stern said before the last lockout

its bs. people dont pay 200 million for businesses that dont turn a profit.

[kentatm]

"A GOOD PORTION OF THE LEAGUE IS LOSING MONEY!!!"

meanwhile, in Detroit...



"This guy makes as much as me now? WTF?"

Adam Silver sir,

[TripleA]

http://sports.yahoo.com/blogs/nba-ba...181655210.html

Failure of LeBrons to captivate the Globe. Imagine the Bulls in this social media Era. It would be the Beatles all over again.

How is it his fault that the hornets lose money you troll.

[Bernkastel]

Contraction is the only answer.

[Rooster]

pre lockout posturing from silver

this is exactly what stern said before the last lockout

its bs. people dont pay 200 million for businesses that dont turn a profit.

Yes. We heard this losing money BS before and awful franchise like the Clips got sold for 2 billion.

[Haymaker]

Contraction is the only answer.

This. Time to take away shitty franchises.

Hornets
Knicks
Nets
Timberwolves
Jazz
Magic
Nuggets

[ALBballer]

Paper losses just like the losses the Nets reported when their financials were leaked...

http://goingconcern.com/2011/6/who-w...ial-statements

[outbreak]

pre lockout posturing from silver

this is exactly what stern said before the last lockout

its bs. people dont pay 200 million for businesses that dont turn a profit.

Mainly bullshit but more misleading. Some don't turn a profit from basketball related activities but do through other means and deals. Also they make back more than their losses in the value of the franchise when they sell it or borrow against it

[Bernkastel]

This. Time to take away shitty franchises.

Hornets
Knicks
Nets
Timberwolves
Jazz
Magic
Nuggets

RIP, poor franchises. Don't forget the Kings though.

[MP.Trey]

I blame LeBron.

[outbreak]

RIP, poor franchises. Don't forget the Kings though.

TIME had DeVos in the top 10 richest NBA owners....
The franchise was also valued as the 17th most expensive....

[Bernkastel]

TIME had DeVos in the top 10 richest NBA owners....
The franchise was also valued as the 17th most expensive....

They should move to New York.

[Lebron23]

Contraction is the only answer.

First time I agree with you.

[bluechox2]

This. Time to take away shitty franchises.

Hornets
Knicks
Nets
Timberwolves
Jazz
Magic
Nuggets

you confuse shitty with poor...shitty can still be shitty when they can keep the doors open