: News Article:
Betmann's salary tops $7M
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07-12-2010, 06:39 PM
Join Date: Jan 2003
Originally Posted by
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:
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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