The Pels aren’t losing money. Revenue sharing keeps them in the black. They aren’t going anywhere.
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Excuse me, but I don’t recall the sharing changing since Benson took over. The previous owner was losing double digit millions. Granted he was a terrible owner and maybe he was mostly at fault.
We have no factual knowledge of the profit they’re making or not. But the actual fans in the stadium aren’t overcoming double digit millions loses.
I’m hopeful that I’m wrong and they’re here forever. I’m just not sold on their financial strength.
So we have no factual knowledge of the profit they are making or not. But you know that the previous owner was losing double digit millions?
This report from espn says the Pels lost money before revenue sharing, but are in the black after receiving their share.
http://www.espn.com/nba/story/_/id/2...eason-now-what
I disagree. I think we have to do it like the Warriors did. They are a small market team that had little attractiveness before Steph and Klay got there. They were smart in the draft and they obviously hit it big with those guys. You are right that the Pels have been inept in getting good free agents to come to town and they've failed in the draft outside of Davis. Solomon Hill is getting paid roughly $15 million to be a situational player. Bad move. They kept Asik way too long with a big price tag before dumping him for nothing. They have still not been able to fill the void at the wing position which they've lacked big time since Trevor Ariza left. They've drafted guys like Diallo, Frank Jackson, Hield ( Not bad but gave him up for a one year player in Cousins) when they could have made better choices. I agree that the front office has been a joke and they are cap heavy at the top of their roster and have not made the moves for younger players who could make an impact but the bottomline is that you are seeing it firsthand that the bigger free agents just don't want to come to NO, even with Davis around. I think the draft is where we need to make an impact but the problem is that we don't have a lot of great pics right now due to previous trades. Its a tough situation.
Just saw the title of this thread and thought Tulane or UNOs athletics director wanted to leave. I quit following the NBA in the 90s. The NBA was so much better to watch back in the 80s.