Panos
Posts: 30131
Alba Posts: 3
Joined: 1/6/2004
Member: #520
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Posted by nyk4ever:
Posted by Panos:
This logic is absurd. Yes, this is a business and Dolan wants to make money. Part of making money is lowering your expenses. There are two sides to the coin. So while Indiana, Miami, Chicago, Detriot (last year's CHAMPS!), New Jersey, Seattle, Houston, Sacramento, Washington, Boston, Denver, Pheonix and SAN ANTONIO (the CHAMPS!!!) made the playoffs all paying $45M-65M, the Knicks paid $102M which comes to like $160M after luxury taxes!!!
Now you tell me what business man would not want to cut into that cost structure. Give me a break. NOW, add to that the benefit of actually being able to sign Free Agents, I think the choice is clear for any business man.
(Caveat: this numbers may not be complete accurate, I cannot vouch for the web site I got them from, but I think the illustrate the point)
2004-05 Team Payrolls Team Payroll 1. New York Knicks $102,442,544 2. Dallas Mavericks $91,553,496 3. Portland Trailblazers $83,671,312 4. Philadelphia 76ers $71,951,888 5. Minnesota Timberwolves $70,060,920 6. Memphis Grizzlies $67,010,824 7. Orlando Magic $66,445,252 8. Indiana Pacers $65,792,068 9. Los Angeles Lakers $65,059,100 10. Boston Celtics $64,577,356 11. Sacramento Kings $61,807,688 12. Toronto Raptors $61,703,772 13. Houston Rockets $60,222,300 14. Miami Heat $58,949,072 15. Chicago Bulls $57,276,136 16. Milwaukee Bucks $57,137,128 17. New Orleans Hornets $56,572,880 18. Golden State Warriors $54,943,724 19. New Jersey Nets $54,729,028 20. Detroit Pistons $54,574,980 21. Seattle Sonics $53,821,300 22. Washington Wizards $49,547,056 23. Cleveland Cavaliers $49,175,272 24. San Antonio Spurs $47,149,172 25. Los Angeles Clippers $45,170,768 26. Denver Nuggets $45,621,812 27. Phoenix Suns $44,256,720 28. Utah Jazz $43,160,808 29. Atlanta Hawks $40,684,848 30. Charlotte Bobcats $23,380,124
And the logic that IS NOT absurd is the fact that the Knicks are still one of the most profitable teams in the NBA year in and year out becuase.....THEY SELL TICKETS!!! you can't sell tickets with a 20 win team. Jimmy Dolan makes money off this team with a 102 million dollar payroll, its been noted and its been on this board before in various thread. I remember reading he made an absurd amount of money last year off the Knicks and Rangers(Madison Square Garden.) He doesn't care what the team does as long as the butts are in the seats.
[Edited by - nyk4ever on 07/12/2005 22:01:07]
Hate to beat a dead horse, but I don't care if the Knicks ARE one of the most profitable franchises (which I'm not really sure that they are, please post some numbers). Point is they could be MORE profitable if they paid $100M less in salary and luxury tax every year(that is a TON OF MONEY, even for Dolan, he's not Bill Gates) AND if they made the playoffs like those 12 teams I listed.
[Edited by - panos on 07/13/2005 08:28:30]
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