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NBA profits

  1. Stern says NBA revenues should be $5 billion this season

    Nov 14, 2012, 3:14 PM EDT

    David Stern, Adam Silver

    During the NBA lockout, we all got frustrated watching the owners and argue over how to divide up $4 billion in revenue. Billion. With a “B.” Now, make that $5 billion. That is what NBA Commissioner David Stern said speaking Tuesday at Beyond Sport United conference in New York, according to the Associated Press. The…

  2. NBA owners not going to make profit this season, league says

    Feb 29, 2012, 8:01 PM EDT

    David-Stern-all-star-2012

    If you believe the league’s numbers — and we’re still skeptical, to put it kindly — the NBA was a long way from turning a profit, they predicted a $300 million loss last year. A few months into the new collective bargaining agreement that is far more favorable to the owners (no matter what Mark…

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