NBA may lose $400 million this year – time for a bailout!
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And the NHL, last I checked, is profitable, despite having twice as many players to pay. Yet basketball is considered the major league sport. You figure that one out.
Interestingly, the team salary cap on both sports is around $55 million, give or take a fiew million.
Who has the broadcast rights for NBA basketball?
The NBA has TNT, ESPN and ABC.
The NHL has Versus and NBC.
Insert comment about “skin in the game” here…