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re: Report: NBA came in $1.5 billion under revenue projections in 2020

Posted on 10/25/20 at 10:04 am to
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41187 posts
Posted on 10/25/20 at 10:04 am to
quote:

A regional niche.


they have the greatest world wide audience

quote:

3. The NBA: $7.4 billion
Despite ranking third here, no American league has international appeal like the NBA. With a focus on stars and the bonus of a Chinese market that makes up a large part of its fan base, the NBA is the most global American sporting league in terms of impact. It’s also the league that covers the most international territory both in the preseason and regular season.
Posted by High C
viewing the fall....
Member since Nov 2012
53790 posts
Posted on 10/25/20 at 10:10 am to
quote:

With a focus on stars and the bonus of a Chinese market that makes up a large part of its fan base


Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 10/25/20 at 10:19 am to
quote:

have the greatest world wide audience


they don't wanna listen to facts
Posted by Roll Tide Ravens
Birmingham, AL
Member since Nov 2015
42325 posts
Posted on 10/25/20 at 10:20 am to
The Chinese Communist Party can probably make up that difference for the NBA.
Posted by High C
viewing the fall....
Member since Nov 2012
53790 posts
Posted on 10/25/20 at 10:21 am to
quote:

Blanket labeling everyone a racist, nice!


It’s their MO. Never fails.
Posted by Fus0623
Lafayette, LA
Member since Jan 2015
88765 posts
Posted on 10/25/20 at 10:34 am to
Y’all hate the NBA...we get it
Posted by QJenk
Atl, Ga
Member since Jan 2013
15298 posts
Posted on 10/25/20 at 10:35 am to
Seeing as how they had to cancel the season and then renew it in a bubble, while allowing no fans... What did you expect to happen.
Posted by Lou Pai
Member since Dec 2014
28117 posts
Posted on 10/25/20 at 10:39 am to
quote:

Revenue projections for the league this season were missed by about $1.5 billion, the person said. The losses were the result of a combination of factors — the shutdown caused by the pandemic, the cancelation of 171 regular-season games, completing the season in a bubble at Walt Disney World without fans, the nearly $200 million price tag for operating that bubble and a yearlong rift with the Chinese government that saw NBA games not shown on state television there.


I know it's sports writers with journalism degrees who don't know anything, but a reduction in revenues or a miss relative to projections is not a "loss." Also, the expenses associated with the bubble don't have anything to do with a decline in revenues.
Posted by Lou Pai
Member since Dec 2014
28117 posts
Posted on 10/25/20 at 10:40 am to
quote:

they don't like facts dude. since revenue sharing is 50/50. it works out to be a loss of a little over $1 milli per player


quote:

Mr Perfect


Tell us some more about your stock picks dude fr
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 10/25/20 at 10:41 am to
The number of NBA cocksuckers in spite of the NBA's slavish support for an organization that would just as soon see you dead is mindblowing.
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 10/25/20 at 10:43 am to
did you buy PINS when I told you it would print big-time when it was $43?

anyways dude, I haven't been doing many stock picks these days bc I'm mostly in Bitcoin since fancy nancy will not get the stimmy deal completed
Posted by BZ504
Texas
Member since Oct 2005
9451 posts
Posted on 10/25/20 at 10:48 am to
That’s what I like to hear from an organization that is far left.
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 10/25/20 at 11:04 am to
quote:

The number of NBA cocksuckers in spite of the NBA's slavish support for an organization that would just as soon see you dead is mindblowing.



QFT
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 10/25/20 at 11:05 am to
quote:

NBA total revenue in 18-19 was 7.7 billion.
NHL total revenue in 18-19 was 4.6 billion.
MLB total revenue in 19 was 9.8 billion.


NBA is officially in the NHL tier of sports. A regional niche. Despite sucking every dick that will jizz a penny down its throat.

Boom


How you doing after last night my baw? Wife Atleast give you some after to get your mind off the game?
Posted by NawlinsTiger9
Where the mongooses roam
Member since Jan 2009
34898 posts
Posted on 10/25/20 at 11:16 am to
quote:

The losses were the result of a combination of factors — the shutdown caused by the pandemic, the cancelation of 171 regular-season games, completing the season in a bubble at Walt Disney World without fans, the nearly $200 million price tag for operating that bubble and a yearlong rift with the Chinese government that saw NBA games not shown on state television there.


I mean, does this explanation really not seem like a possibility to you?
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11096 posts
Posted on 10/25/20 at 11:27 am to
So does European Soccer and Cricket
Posted by G The Tiger Fan
Member since Apr 2015
103652 posts
Posted on 10/25/20 at 11:30 am to
quote:

The losses were the result of a combination of factors — the shutdown caused by the pandemic
Seems to me the government and the media are more responsible for the shutdown.
quote:

a yearlong rift with the Chinese government that saw NBA games not shown on state television there.
Well, it's a damn shame the NBA has a rift with a brutal Communist dictatorship. Maybe they'll get that fixed up.
Posted by SeeeeK
some where
Member since Sep 2012
28052 posts
Posted on 10/25/20 at 11:32 am to
Uh oh, that's a lot of Chinese Dick for Bron Bron to suck.
Posted by ProfFrink
Springfield
Member since Nov 2018
3407 posts
Posted on 10/25/20 at 11:33 am to
Not an issue. League was forced to cancel 170+ games and fully financed the bubble at Disney.

Lost a ton of money on playoff tickets which are higher in addition to the loss if regular season tickets.

All sports leagues are taking a hit.

NBA wil be fine long term. They accepted this when the bubble was created.
Posted by Dantheman504
N/A
Member since Jun 2013
3588 posts
Posted on 10/25/20 at 11:39 am to
I mean I get what you are saying but you can't really see a company miss out on 1.5 BILLION and not call it a loss.

That 1.5 billion was lost throughout the season and as things changed.

So the bubble didn't effect revenue when they moved every team to 1 facility without fans and had to pay and extra 200 mil to do it without gaining revenue?



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