2012-13 Lockout Discussion Part VI: The "What Comes Before Square One?" Edition
View Single Post
11-13-2012, 05:19 PM
Join Date: Mar 2002
Location: New York
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.
For the 2010-11 season, prior to the new CBA and revenue-sharing plan, eight teams were profitable.
Fehr got Bettman up to $220M on revenue sharing.
Last week was not a total waste of time in New York City, the two sides getting closer on one key element to the deal: revenue sharing among teams. The league pushed its total money on revenue sharing to $220 million, up from $150 million in the last CBA, and while the NHLPA might still want to modify how the program is run, the money has the two sides in the same ballpark
The Garden is kicking in $24M into NBA revenue sharing. Bottom of the article. It will be at least $24M in the new NHL program. The max was $14M in the 2005 CBA. I heard it was expected to add $10M the $14M max in the next CBA. Kyper said it cost the Rangers,Leafs,Flyers,Habs $10M more each. That was with the $200M number. Now its $220M. For all of the small market fans screaming about the big market teams. Ask them this. Who is their benefactor?
View Public Profile
Find More Posts by RangerBoy