basketballRob wrote:pepe1991 wrote:J the Drafter wrote:The Magic have made several moves aimed at saving money. It’s pretty obvious that they value money more than they do second rounders right now. Why, and if their judgment is accurate, I couldn’t say. I will say that multiple small moves of any type add up, even if they mean little on their own.
I assume they are one of teams that are bleeding money. That's, imo, main reason why they refuse to sell Vuc, Evan, Gordon and Ross.
rian Windhorst and Tim Bontemps of ESPN:
“The truth is, things are changing so fast that, when it comes to next season, the best we can do is put a stake in the ground and make a guess,” an Eastern Conference team president said. “The reality is nobody is probably going to operate in the black next season.
“The only question is how much each of us are going to lose.”
Cuban said that he'll lose more than $100 M with Dallas in upcomming season. Said it last week...

The Devos family bought the team for 85 million and the value is 1.43 billion now.
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Umm,, inflation?
What cost $85000000 in 1991 would cost $161563014.62 in 2019.
Also, if you were to buy exactly the same products in 2019 and 1991,
they would cost you $85000000 and $43818138.77 respectively.
So team, by economy, was worth more before they bought it.
ALSO, company's worth ( estimated value) and current earnings ( profit or losing money) are two completley separated things.
You can have company that is going bunkropt and still worth millions due infractruction, machinery, property it owns.
There is good reason why NBA had to inject $30M per team,hint, it wasn't made for Knicks, Lakers or Nets.
Life is what happens when you're busy making other plans. -John Lennon