| Author | Message | ||
     Saarang Side Hero Username: Saarang Post Number: 6325 Registered: 06-2012 Posted From: 174.21.102.174 Rating: N/A |
TV and jerseys are included in this. Only non-basketball revenues like stadium rentals and parking lots will not be included. Since Lakers don't own Staples Center...I think this is it for them. | ||
| Tombrady Megastar Username: Tombrady Post Number: 20942 Registered: 05-2012 Posted From: 216.163.216.56 Rating: N/A |
lakers no.1 | ||
| Saarang Side Hero Username: Saarang Post Number: 6324 Registered: 06-2012 Posted From: 174.21.102.174 Rating: N/A |
The basketball side of the Nets’ business is projected to have lost $144 million over the 2013-14 season, according to a confidential memo the league sent to all 30 teams in early June. (Grantland has reviewed and verified the memo with a half dozen sources.) If that strikes you as out of whack, that’s because it is. The NBA expects nine teams will end up having lost money once luxury-tax distribution and revenue-sharing payments are finalized. The Nets, with that monster $144 million figure, are the biggest losers. Next in line? The Wizards, with projected losses of about $13 million. That’s right: The Nets lost $131 million more than any other NBA team last season. This is what happens when you pay $90 million in luxury tax for an aging roster and play in a market so large you are ineligible to receive any revenue-sharing help. It’s important to note the figures here stem from basketball activities only, and do not appear to include benefits the Nets and Prokhorov get from their ownership stake in the Barclays Center. And Prokhorov, of course, is heli-skiing levels of rich. But taking a $144 million bath when the rest of the league is swimming in profits does not sit well. | ||
| Saarang Side Hero Username: Saarang Post Number: 6323 Registered: 06-2012 Posted From: 174.21.102.174 Rating: N/A |
Lakers ippatilo (next 2-3 years)...luxury tax kattaru...they will have one of the lowest payrolls in the league. | ||
| Thokkalohdi Side Hero Username: Thokkalohdi Post Number: 2997 Registered: 01-2008 Posted From: 24.130.117.120 Rating: N/A |
thats y lebron needs to cme to lakers we can pay 20million more in luxury taxes and lakers owners will not even feel the pinch.. cause the 100mil (iam guessing) doesnot involve other revenues like TV deal and jerseys and stuff Ranbir Kapoor is god of acting | ||
| Saarang Side Hero Username: Saarang Post Number: 6322 Registered: 06-2012 Posted From: 174.21.102.174 Rating: N/A |
Knicks keka...net loss...no play-offs...no lottery picks. Next year will be a loss due to Phil Jackson, and paying for 2 coaches emo (Woodson+Fisher).  | ||
| Saarang Side Hero Username: Saarang Post Number: 6321 Registered: 06-2012 Posted From: 174.21.102.174 Rating: N/A |
Links to original source: http://grantland.com/the-triangle/grantland-exclusive-the-ja son-kidd-mess-has-a-144-million-pricetag/ Holy cow, the Lakers! They end up with that huge profit despite contributing a league-high $49 million to revenue-sharing. The league’s revenue-sharing is complex, with payouts and contributions tied to all sorts of variables — market size, profitability, earnings benchmarks, and other stuff. A few teams, including the Lakers and Knicks, play in markets so large they are disqualified from ever receiving revenue-sharing payouts. Speaking of the Knicks: They’re actually expected to take a net loss for the season — something around $3.5 million. But don’t worry, they’re still insanely profitable. They made $58 million on their own, and will “lose money” only because of their huge revenue-sharing contribution (nearly $27 million, no. 2 behind the Lakers) and the giant tax bill they paid for a lottery roster. And, again, the figures do not account for the value of Madison Square Garden, on which the Knicks do not pay any property taxes. Hooray, civic handouts! | ||
| Saarang Side Hero Username: Saarang Post Number: 6319 Registered: 06-2012 Posted From: 174.21.102.174 Rating: N/A |
So, top 8 in profits...5-8 is surprising. 1) Lakers: 100 Million (After giving out 49 million in revenue sharing + some 10 million in luxury taxes) 2) Bulls: 61 million 3) Rockets: 40.7 million 4) Celtics: 33.1 million 5) OKC: 29 million 6) Spurs 7) Jazz 8)Nuggets | ||
| Saarang Side Hero Username: Saarang Post Number: 6318 Registered: 06-2012 Posted From: 174.21.102.174 Rating: N/A |
The Los Angeles Lakers are projected to make $100.1 million in profit for the 13-14 NBA season, comfortably the best in the NBA. The Chicago Bulls are second at $61 million, followed by the Houston Rockets ($40.7 million), Boston Celtics ($33.1 million) and Oklahoma City Thunder ($29 million). The Lakers have a huge profit despite contributing a league-high $49 million to revenue-sharing. The New York Knicks are expected to take a net loss of $3.5 million due to $27 million in revenue-sharing contribution and paying a large luxury tax bill. The San Antonio Spurs, Utah Jazz and Denver Nuggets finished sixth, seventh and eighth, respectively, in net profits. The Brooklyn Nets will post a loss of $144 million for the season. |
