coldfish wrote:League Circles wrote:I don't know why one would do mental gymnastics to paint the Bulls as not an incredible financial model. They're third in operating income at a level that is about twice league average. Trying to frame it in dollars/household is of very questionable relevance IMO..
That's completely silly. If Apple was making twice as much profit as the hair salon down the street, would you trumpet Apple's excellent management staff or would you say "You know, a multinational corporation with billions of customers should be making a whole lot more than twice as much as a hair salon."?
Number of customers and multinational status and dollars/household don't put food on the table, err, I mean gold in the vaults.
Money (investment) competes against money (investment), not against more limited intra-industry investments.
But if you must limit it to NBA team owners, the Bulls are raking in at least the third highest profits (maybe more if you could figure out how to factor in CSN stakes by JR, etc), on perhaps the smallest capital investment. That's unambiguously, unequivocally phenomenal. You're ignoring factors such as market saturation, competing entertainment options, arbitrary TV market numbers, etc.