Forbes pries open the books for all 30 teams

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 Forbes pries open the books for all 30 teams  Links4
 Forbes pries open the books for all 30 teams
This is probably going to ruin the rest of your Friday. Let’s get that out of the way before we proceed. [link]

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  • Patrick Patrick
    +4
    God bless the Knicks. They lost 42 million last year. But you got to do what you got to do to build a championship caliber team.
    Posted 12/7/2007 [reply] [flag]

Links (4)

Despite Terrible Arena, Maloofs Making Money
Published 12/7/2007 by TZ <info@sactownroyalty.com> at Sactown Royalty: Front Page Posts
Via Kelly Dwyer, Forbes digs into the ledger of all 30 NBA teams. The report breaks down franchise value, revenues, player expenses, and earnings. You'll be... interested to note the Kings franchise has turned a profit for the Maloofs each of the past four years, and seven of the 10 years the family has owned the team. In 2007, the Maloofs turned a $21 million profit. Forbes notes amortization, taxes and interest on debt (of which the franchise has some) are not included; it's likely the actual profit seen by Maloof Sports & Entertainment ...

The Franchise's Finances
Published 12/7/2007 by Bret LaGree at Hoopinion
Forbes.com has published a ton of financial information about all 30 NBA teams. (HT: Kelly Dwyer) Sortable team rankings in five categories are here. The page specific to the Hawks' details is here and features the following accurate assessment of the state of the franchise: The Atlanta Hawks are among the worst franchises in the NBA. The team has not made the postseason since 1999 and has failed to flirt with a winning season this decade. The Hawks have ...

BLINKS -- Friday, Dec. 7, 2007
Published 12/7/2007 at Fan Voice: Recent Topics in The Court Reporters: The NBA.com Blog
Forbes breaks down the league by the numbers , and it's more positive than you might expect. And Phoenix 's rise to becoming the NBA's eighth-most-valuable franchise ($449 million) makes for an interesting case study . --via Kelly Dwyer . After a week of worries, Joe Johnson found his shot just in time for the Hawks. If he hadn't, Britt Robson writes Marko Jaric would've been on the front page . Stephon Marbury joined the Knicks in Philadelphia and will play tonight against the 76ers. Avery Johnson and George Karl ...

Hawks Broken, But Not Broke
Published 12/7/2007 by Tom Ziller at FanHouse
... years after Joe Johnson made it so. Consensus opinion is that the Hawks cannot pursue major personnel moves, fire the coach or even re-sign their young stars solely because of the unsettled boardroom. And you have heard all the 'Hawks fans dressed up like empty seats tonight!' jokes you can stomach. Even with the expected upswing this year (talent can only be suppressed so long), Atlanta is not an enviable franchise. Now what if Forbes (via Kelly Dwyer) told you the Hawks were a profitable enterprise? Not only are the Hawks ...

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