Thread: News Article: Betmann's salary tops $7M
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07-12-2010, 06:39 PM
  #17
felixd
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Quote:
Originally Posted by Namso View Post
really? considering that Lebron's "Decision" got like 10x better ratings than any NHL game ever broadcast on Versus.
Let me re-phrase...Teams like the Lakers/Celtics/Heat are in great financial shape.

Overall though, if you look at the number of teams that made/lost money last year, the ratio is better in the NHL. NBA is also the league that has highest % of expenses on player salary.

Let me try to find the article again, but yes, overall the average NHL team is stronger financially than the average NBA team.

edit: found it and from quickly scanning the article and it's even worse than I thought:

http://www.washingtonpost.com/wp-dyn...070704772.html

for the 2009-10 season, 25 of 30 NBA teams lost money. Stern has said as a whole the league will be losing approx $380-400 million this year.

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