Nearly half of all NBA Teams LOST money last season.....

Discussion in 'Portland Trail Blazers' started by THE HCP, Sep 19, 2017.

Moderators: 7

Moderators

  1. BrianFromWA
  2. Chris Craig
  3. Darkwebs
  4. Ed O
  5. PtldPlatypus
  6. SlyPokerDog
  7. Strenuus
Page 1 of 2
  1. THE HCP

    THE HCP NorthEastPortland'sFinest

    Joined:
    Sep 16, 2008
    Messages:
    65,993
    Likes Received:
    52,278
    Trophy Points:
    113
    Location:
    N.E.P.
    THE HCP, Sep 19, 2017
    #1
    Orion Bailey likes this.
  2. julius

    julius Global Moderator Staff Member Global Moderator

    Joined:
    Sep 16, 2008
    Messages:
    42,483
    Likes Received:
    30,105
    Trophy Points:
    113
    Occupation:
    singer songwriter
    Location:
    Washington
    Maybe it's because I have an add blocker on or something, but that graph makes no sense to me.

    So Portland *didn't* lose money?
     
    julius, Sep 19, 2017
    #2
  3. THE HCP

    THE HCP NorthEastPortland'sFinest

    Joined:
    Sep 16, 2008
    Messages:
    65,993
    Likes Received:
    52,278
    Trophy Points:
    113
    Location:
    N.E.P.
    Screen Shot 2017-09-19 at 9.34.53 AM.png
     
    THE HCP, Sep 19, 2017
    #3
  4. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

    Joined:
    Oct 5, 2008
    Messages:
    116,524
    Likes Received:
    114,543
    Trophy Points:
    115
    Moda beer prices going up.
     
    SlyPokerDog, Sep 19, 2017
    #4
    BonesJones likes this.
  5. julius

    julius Global Moderator Staff Member Global Moderator

    Joined:
    Sep 16, 2008
    Messages:
    42,483
    Likes Received:
    30,105
    Trophy Points:
    113
    Occupation:
    singer songwriter
    Location:
    Washington
    Yeah, thats what I saw. Doesn't make much sense to me.

    why can't they just use the #'s? Did Portland lose money until the revenue sharing kicked in?
     
    julius, Sep 19, 2017
    #5
  6. Rastapopoulos

    Rastapopoulos Well-Known Member

    Joined:
    Oct 30, 2008
    Messages:
    37,580
    Likes Received:
    22,110
    Trophy Points:
    113
    Occupation:
    Ballin'
    Who gives a shit? They're toys for billionaires. They don't make money on their yachts or private islands, do they?
     
    Rastapopoulos, Sep 19, 2017
    #6
    theprunetang, BonesJones, dviss1 and 4 others like this.
  7. Rastapopoulos

    Rastapopoulos Well-Known Member

    Joined:
    Oct 30, 2008
    Messages:
    37,580
    Likes Received:
    22,110
    Trophy Points:
    113
    Occupation:
    Ballin'
    You know who consistently made a profit? Donald Sterling.
     
    Rastapopoulos, Sep 19, 2017
    #7
    BBert likes this.
  8. THE HCP

    THE HCP NorthEastPortland'sFinest

    Joined:
    Sep 16, 2008
    Messages:
    65,993
    Likes Received:
    52,278
    Trophy Points:
    113
    Location:
    N.E.P.
    Well it's a tad bit scary if you ask me sir.
     
    THE HCP, Sep 19, 2017
    #8
  9. Rastapopoulos

    Rastapopoulos Well-Known Member

    Joined:
    Oct 30, 2008
    Messages:
    37,580
    Likes Received:
    22,110
    Trophy Points:
    113
    Occupation:
    Ballin'
    I'll care when there aren't any billionaires or when the teams are publicly owned.
     
    Rastapopoulos, Sep 19, 2017
    #9
    bodyman5000 and 1 likes this.
  10. illmatic99

    illmatic99 formerly yuyuza1

    Joined:
    Sep 16, 2008
    Messages:
    56,232
    Likes Received:
    54,033
    Trophy Points:
    113
    Location:
    NYstateofmind
     
    illmatic99, Sep 19, 2017
    #10
  11. Rastapopoulos

    Rastapopoulos Well-Known Member

    Joined:
    Oct 30, 2008
    Messages:
    37,580
    Likes Received:
    22,110
    Trophy Points:
    113
    Occupation:
    Ballin'
    Thanks for making me hate Paul Allen...
     
    Rastapopoulos, Sep 19, 2017
    #11
    bodyman5000 and 1 likes this.
  12. Rastapopoulos

    Rastapopoulos Well-Known Member

    Joined:
    Oct 30, 2008
    Messages:
    37,580
    Likes Received:
    22,110
    Trophy Points:
    113
    Occupation:
    Ballin'
    Serious question: are the Packers the only publicly owned team in US Pro Sports?
     
    Rastapopoulos, Sep 19, 2017
    #12
    BonesJones likes this.
  13. julius

    julius Global Moderator Staff Member Global Moderator

    Joined:
    Sep 16, 2008
    Messages:
    42,483
    Likes Received:
    30,105
    Trophy Points:
    113
    Occupation:
    singer songwriter
    Location:
    Washington
    If this is true, that 30% of the league is losing money, this could potentially be bad for the next CBA agreement.
     
    julius, Sep 19, 2017
    #13
  14. kjironman1

    kjironman1 Well-Known Member

    Joined:
    May 16, 2014
    Messages:
    19,156
    Likes Received:
    19,917
    Trophy Points:
    113
    I place most of the blame for this on Super Teams. The league needs to be more competitive as a whole. If it continues the entire league will begin to suffer. Even large market teams will lose support. No one like knowing the Warriors are going to win the Championship and the Cavs will be in the finals against them before the season even starts. People lose respect for the game.
     
    kjironman1, Sep 19, 2017
    #14
    santeesioux, Eastoff and Strenuus like this.
  15. Pinwheel1

    Pinwheel1 Well-Known Member

    Joined:
    Oct 13, 2008
    Messages:
    21,081
    Likes Received:
    13,621
    Trophy Points:
    113
    Yet the Rockets just sold for the highest price in history. 2.2 billion.......
     
    Pinwheel1, Sep 19, 2017
    #15
  16. kjironman1

    kjironman1 Well-Known Member

    Joined:
    May 16, 2014
    Messages:
    19,156
    Likes Received:
    19,917
    Trophy Points:
    113
    The league is strong still but changes do need to be made. If they have to reduce the number of teams because they don't make money there will be problems.
     
    kjironman1, Sep 19, 2017
    #16
  17. BBert

    BBert Weasels Ripped My Flesh

    Joined:
    Sep 24, 2008
    Messages:
    26,329
    Likes Received:
    19,817
    Trophy Points:
    113
    Occupation:
    Selfless Public Servant
    Location:
    South Blazerlandia
    Some teams are losing money on the annual balance sheet, while the value of the team is skyrocketing. I'm not an accountant, but to me that screams of a very high performing tax free (or tax deferred) investment. So put me down for BFD.
     
    BBert, Sep 19, 2017
    #17
    bodyman5000 and 1, Eastoff and Pinwheel1 like this.
  18. THE HCP

    THE HCP NorthEastPortland'sFinest

    Joined:
    Sep 16, 2008
    Messages:
    65,993
    Likes Received:
    52,278
    Trophy Points:
    113
    Location:
    N.E.P.
    You see the Lakers paid amongst $50Million in Luxury tax and STILL made $150Million! The local TV deal they got from Time Warner is bananas! And Detroit was what -$45Million....ouch. At least they get to play in a new arena next season.
     
    THE HCP, Sep 19, 2017
    #18
  19. Charcoal Filtered

    Charcoal Filtered Writing Team

    Joined:
    Aug 11, 2009
    Messages:
    4,691
    Likes Received:
    2,302
    Trophy Points:
    113
    This.

    Owners cannot complain about losing a small amount of money in one area when they are making HUUUGGEE money in franchise valuation. They never open up their books fully anyhow and would never claim what they are fully making. New CBA is coming up and they have started the propaganda.
     
    Charcoal Filtered, Sep 19, 2017
    #19
    Nate, bodyman5000 and 1, Eastoff and 2 others like this.
  20. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

    Joined:
    Oct 5, 2008
    Messages:
    116,524
    Likes Received:
    114,543
    Trophy Points:
    115
    Why? The CBA is based on a 50/50 split of revenue. Players get half, owners get half. If that half for the owners isn't enough that's up to them to figure out how to increase it for everyone. No one comes to game to see the owners. "Ohhh... I hope I get to see Paul Allen eat popcorn tonight! So excited!" It's the players people come to watch.

    This is like saying 50% of the players file bankruptcy within 10 years of retirement so they should ask for 70% of the revenue so they don't have to do that.
     
    SlyPokerDog, Sep 19, 2017
    #20
    GrandJury likes this.
Page 1 of 2

Share This Page