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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).