kodo wrote:winning basketball games does not have strong correlation with revenue performance. Hell, last season the Bulls were 2nd in attendance, if we needed any more proof than that.
it does, actually (just not as much as market size). particularly in the long-term. see the golden state warriors being valued at 4.3 bil vs the bulls at 3.2 bil. and that's DESPITE the bulls brand. see the celtics being valued about the same as the bulls despite being in a significantly smaller market. because their brand is winning. see the spurs being middle-of-the-pack in valuation despite being in one of the smallest markets. team value per TV viewer in metro area (forbes/nielson, in dollars) :
2354 thunder
2238 grizz
2195 pels
1963 spurs
1888 bucks
1818 warriors
1662 blazers
1628 jazz
1447 pacers
1347 kings
1346 celtics
1332 hornets
1188 heat
1105 cavs
1062 rockets
1044 nuggets
983 bulls
958 magic
936 mavs
864 suns
855 lakers
835 pistons
810 wolves
744 wizards
725 sixers
674 knicks
670 hawks
505 clippers
366 nets
there's definitely some correlation with winning there. note also the revenue sharing/national audience that makes small market teams more valuable relative to their market size