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re: Here is the truth why attendance matters - enough is enough with the arguing!
Posted on 4/14/13 at 11:29 pm to fightingtiger2335
Posted on 4/14/13 at 11:29 pm to fightingtiger2335
quote:
The nba had lossess of $300 million every season since 2005 before the new cba. Seems as it was the model of nba screwed up where everyone lost money
yes that is the NBA as a league. the NBA as a league may have lost money, but most TEAMS have been very profitable every single year. just look it up. here is the 2011-12 numbers -
23 out of 30 teams made profit.
LINK :
1
Posted on 4/14/13 at 11:36 pm to Weebie
so you do you know that operating income, while a measure of profitability, is not a measure of profit?
It's, rather, a measure of profit from operations. So, when you spend a dollar, does it help you make more than a dollar.
There is more to profit, like interest and taxes, which are EXCLUDED from the operating income calculation per force. Depending on the accounting, depreciation and amortization may have entered in.
Remember the loans mentioned above? Shinn was up to his ears in loans from the NBA and they cut him off. His interest payment killed his profit. That's one reason Chouest upped his stake: Shinn sold a part of the team to him to get over the interest hump.
And that's just the Hornets.
The NBA as a whole lost money because most franchises lost money, not the NBA office.
Again, you can toss out things that are true, but they are not the truths you want them to be.
It's, rather, a measure of profit from operations. So, when you spend a dollar, does it help you make more than a dollar.
There is more to profit, like interest and taxes, which are EXCLUDED from the operating income calculation per force. Depending on the accounting, depreciation and amortization may have entered in.
Remember the loans mentioned above? Shinn was up to his ears in loans from the NBA and they cut him off. His interest payment killed his profit. That's one reason Chouest upped his stake: Shinn sold a part of the team to him to get over the interest hump.
And that's just the Hornets.
The NBA as a whole lost money because most franchises lost money, not the NBA office.
Again, you can toss out things that are true, but they are not the truths you want them to be.
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