Here’s a must-read article by Nate Silver of the New York Times about the NBA’s financial situation and why David Stern and the NBA might be lying.
A few note-worthy facts from the article:
- NBA’s revenues have grown by 11% over five years, adjusted for inflation, or by 30% over 10 years.
- Ticket sales are down 6% compared to 5 years ago but up 22% since 1999-2000.
- Growth in non-player expenses has outpaced that of salaries, having increased by 13% over five years and 43% over 10 years.
I’ll touch up on this subject more this week including exploring how NBA owners make money from non-BRI (basketball related income) methods which are a direct result of team ownership, until then, I still believe that the NBA is misleading with their facts and all owners profit from owning an NBA team.
Check out this piece on the NBA Lockout by Nate Silver (via nbaoffseason).
Check out this piece from Buzzfeed/The New York Times (Via @WillowSprings)
The final post from FreeDarko.
Check out this piece on Captain Beefheart and Gilbert Arenas from The Awl
I am loving these videos from FreeDarko and Outside the NBA.
Check out this post on the PBA from Rafe Bartholomew at FreeDarko
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