Charlotte Bobcats Article: Ownership

Discussion in 'Charlotte Hornets' started by Vintage, Sep 22, 2003.

  1. Vintage

    Vintage Defeating Communism...

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    Further proof that the NBA is a business first, like I have been arguing for months now.


    http://www.charlotte.com/mld/observer/sports/6823871.htm


    <div class="quote_poster">Quote:</div><div class="quote_post">
    Johnson, the billionaire owner of the Charlotte Bobcats, said Monday night he expects his new NBA team to be profitable "from Day 1." Johnson added that he couldn't conceive of losing money to pursue victories, and that any major player signing would have to pay for itself by generating new revenue.
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