SBD/September 20, 2017/Leagues and Governing Bodies

Nine NBA Teams Lost Money Last Season After Collective-Revenue Sharing Payouts

Fourteen of the NBA's 30 teams "lost money last season before collecting revenue-sharing payouts, and nine finished in the red even after accounting for those payments," according to confidential financial records cited by Windhorst & Lowe of The gap between the league's "mos...

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