Anyone arguing for the side of the owners has my sympathy, cuz you've been duped. This is a high risk luxury to own an NBA team. Very few owners actually LIVE off the money they make from the team solely. It's an investment they made after making tons of money in some other endeavor. Just like Dolan knew exactly how much money he was signing off on during the Layden and Isiah era, all these owners willingly accept the cost of doing business. An owner could simply say NO to a big contract that would bankrupt his franchise. Besides the NBA did way better than they anticipated. Remember before the season Stern warned that the Cap would go down significantly? Only to find that the league did much better than they expected and the major drop in Cap didn't happen!!!
You can imagine that about a 1/2 of the franchises made money, another 1/4 probably were borderline break even and no more than a 1/4 lost money. I don't think it's even that many, but i'd give them that. Now how much of that was due to poor management? I'd say 100% of the teams losing money was self inflicted. The players don't control the purse strings, only the Owners and GM's do. This season was exciting, attendance was up and the playoffs were great. Just look at the team attendance and % of capacity. Some teams like the Kings have an awful and small stadium which is part of the reason for poor turnout in addition to a losing team. If you did some simple math just going with the avg ticket price for an NBA game of $48.00 a team like the Mavs made no less than about 40 mil from home game ticket sale alone. Now we know there are other revenue streams for NBA teams, but the idea that all the NBA teams are losing money is nuts. Only certain teams did really bad. Half the teams were at or near capacity. Viewership was good this year. The owners want to make it nearly impossible for them to lose money no matter how badly they run their teams.
2011 Attendance Home
RK TEAM GMS TOTAL AVG PCT
1 Mavericks 41 824,162 20,101 104.7
2 Bulls 41 893,462 21,791 104.2
3 Trail Blazers 41 840,924 20,510 102.7
4 Magic 41 777,852 18,972 102.6
5 Heat 41 810,930 19,778 100.9
6 Celtics 41 763,584 18,624 100.0
7 NY Knicks 41 808,879 19,728 99.8
8 Lakers 41 778,877 18,997 99.7
9 Thunder 41 744,068 18,148 99.7
10 Spurs 41 750,879 18,314 98.6
11 Jazz 41 799,982 19,511 98.0
12 Cavaliers 41 824,595 20,112 97.8
13 Warriors 41 766,398 18,692 95.4
14 Suns 41 720,249 17,567 95.4
15 Clippers 41 727,462 17,742 93.1
16 Rockets 41 663,839 16,191 89.7
17 Nuggets 41 692,968 16,901 88.2
18 Hornets 41 603,088 14,709 86.1
19 Raptors 41 679,208 16,566 83.7
20 Hawks 41 641,596 15,648 83.6
21 Wizards 41 688,466 16,791 83.2
22 Bobcats 41 649,694 15,846 83.1
23 Bucks 41 631,910 15,412 82.3
24 Grizzlies 41 600,687 14,650 80.9
25 Nets 41 581,378 14,179 80.6
26 Kings 41 569,496 13,890 80.2
27 Timberwolves 41 624,960 15,242 78.8
28 Pistons 41 683,080 16,660 75.5
29 Pacers 41 555,077 13,538 74.5
30 76ers 41 604,823 14,751 72.6