29 Out Of 30 NBA Teams Made Profit In 19-20 At Average Of $70M

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RealGM Wiretap
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29 Out Of 30 NBA Teams Made Profit In 19-20 At Average Of $70M 

Post#1 » by RealGM Wiretap » Tue Feb 11, 2020 7:13 pm

The Oklahoma City Thunder were the only team in the NBA to have an operating loss last season.


Operating profits reached a record $70 million per team last season, which was up 15 percent from the season before.


There were six teams that had profits of at least $100 million.


For the Thunder, they lost $23 million due to their $61 million luxury tax bill in a small market. The owners of the Thunder made the decision out of their own accord to relocate the franchise from Seattle (14th biggest market) to Oklahoma City (41st biggest market).

Via Kurt Badenhausen/Forbes

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Re: 29 Out Of 30 NBA Teams Made Profit In 19-20 At Average Of $70M 

Post#2 » by SeanDaRyan » Tue Feb 11, 2020 7:48 pm

Now what fake stats are the WNBA going to use to validate their existence??
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Re: 29 Out Of 30 NBA Teams Made Profit In 19-20 At Average Of $70M 

Post#3 » by LewisnotMiller » Tue Feb 11, 2020 9:31 pm

SeanDaRyan wrote:Now what fake stats are the WNBA going to use to validate their existence??


Ride that horse, mate...
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Re: 29 Out Of 30 NBA Teams Made Profit In 19-20 At Average Of $70M 

Post#4 » by blind prophet » Tue Feb 11, 2020 11:37 pm

Edit, see the link now.
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Re: 29 Out Of 30 NBA Teams Made Profit In 19-20 At Average Of $70M 

Post#5 » by TheCage4 » Wed Feb 12, 2020 12:15 am

The Hornets made money? I figured MJ just used them as a tax write-off.
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