OT: More NBA Teams Projected as Profitable
Team profitability is on the rise in the NBA, fueled by a projected $200 million in revenue sharing among the clubs this year.
Total league revenue for 2012-13 is expected to reach $5 billion, according to league estimates, up from about $4.2 billion for the lockout-shortened 2011-12 campaign. It is expected that 22 of the league’s 30 teams will make money this year, up from 18 clubs last season, which was the first year operating under the NBA’s new 10-year collective-bargaining agreement and with the installation of its new revenue-sharing system.
Full Story: http://www.sportsbusinessdaily.com/J...A-revenue.aspx
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