Just a little something for you pathetic 'player haters' to think about....I will always stand with my guys...the fellas, the players...
Jul 05, 2011 12:08 PM EDT
The operating margin of the NBA was about five percent in 2009-10 and has been about seven percent during the life of the current labor deal.
A five percent or seven percent profit is similar to what other businesses have experienced recently.
Fortune 500 companies, for example, collectively turned a 4.0 percent profit in 2009 and a 6.6 percent profit in 2010 (both figures after taxes).
Profit margins in the entertainment industry, which is probably the appropriate classification for the NBA, have generally been a bit lower than that.
My fortune cookie read today: "He who laughs last thinks slowest"...
Just a little something to think about DMC *aka* Uncle Rukus.
He who go to bed with itchy asshole wake up with stinky finger.
The Uncle Ruckus thing has really caught on since you introduced it.
What this says:
That hard cap is needed, for small-market teams to compete.
Oh, and that some owners are really cheap: Making profit and complaining?
122-86 is that photoshopped?
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