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Cavaliers lost $40 million after 2015-16 season

Posted on 1/28/17 at 12:52 pm
Posted by LewisBell
Member since Jan 2017
16 posts
Posted on 1/28/17 at 12:52 pm
LINK

Dan Gilbert spending up the butt to get one for the land
Posted by Fus0623
Lafayette, LA
Member since Jan 2015
88913 posts
Posted on 1/28/17 at 12:54 pm to
Now granted, he does have the Quicken Loans money pouring in. But man he's throwing a lot of cash at an unprecedented amount
Posted by wildtigercat93
Member since Jul 2011
112383 posts
Posted on 1/28/17 at 1:02 pm to
Feel like this is some fudging of accounting numbers to leak this to the media basically as a way to shut Lebron up


Kind of like how pretty much every movie loses money on paper
Posted by hiltacular
NYC
Member since Jan 2011
19693 posts
Posted on 1/28/17 at 1:02 pm to
You could make an argument that he has raised the value of the team but the second LBJ leaves they are back to being a terrible team with no value. Hopefully the championship was worth it
Posted by TheWalrus
Member since Dec 2012
40845 posts
Posted on 1/28/17 at 1:18 pm to
I'm surprised more owners don't view their team as a recreational activity rather than a business.
Posted by SarkAfterDark
Member since Nov 2016
52 posts
Posted on 1/28/17 at 2:51 pm to
Nice 1st
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