Sources: Chargers Expected To Move To L.A. In '17 Yanks Set To Benefit From New MLB CBA Losing Revenue Sharing Could Cut A's Payroll More 'Canes Allowed To Withhold Some Financial Figures TFC Becoming MLS' Premier Franchise? Rockets Hire E-Sports Front Office Exec Orioles To Keep Season-Ticket Prices Flat Blackhawks Reward Fans For Watching At Bars A's Ballpark Talks To Pick Up Pace With New CBA? 76ers Postpone Game Due To Moisture On Court
SBD/November 28, 2011/Franchises
Greg Miller Says His Family Has No Intention Of Selling The Jazz
Published November 28, 2011
PLAYING A NEW TUNE: In Utah, Randy Hollis noted the Jazz "will benefit greatly from a more generous share of the BRI" under the NBA's new CBA. It will give a small-market team like the Jazz a "huge financial boost which will help offset the type of losses the franchise was forced to endure last season -- reportedly around $17 million." Adding in the CBA's "new-and-improved salary cap restrictions/luxury tax penalties along with its revenue sharing possibilities, it should not only make the Jazz franchise increasingly solvent and profitable, but help put Utah's front office in a better position to make the team increasingly competitive in the future." All of these factors "would help improve the league's competitive balance and serve to give a team like the Jazz an enhanced opportunity at possibly winning an NBA championship" (DESERET NEWS, 11/27). Also in Utah, Kurt Kragthorpe wrote, "Utah needs the Jazz to play basketball, beyond any economic factors. The team is a unifier, a rallying point" (SALT LAKE TRIBUNE, 11/27).