Ball Don't Lie - NBA

This is probably going to ruin the rest of your Friday. Let’s get that out of the way before we proceed.

Forbes’ latest issue contains their yearly breakdown of the overall earnings, expenditures and the relative impetuses behind the money-making and money-spending instincts of the NBA’s 30 teams.

The magazine’s website also houses a must-read valuation breakdown for each team (divided into Sport, Market, Brand Management and Stadium revenue), a bar graph detailing the last 10 seasons worth of value, revenue, operating income, player expenses and a wins-to-player cost ratio. Also included are stadium facts, a listing of major sponsors, ownership history, a precise and insightful breakdown of the storm and stress surrounding each organization and a chart with a detailed comparative ranking of each team separated by five significant financial categories.

For an NBA junkie, every team profile is a must read. At the very least, one should check out the individual page devoted to their favorite team for a better idea about what to carp about and what to appreciate most regarding their top rooting interest.

For a Bulls fan already frustrated with the money-saving deal that sent Tyson Chandler (pictured) down to the New Orleans Hornets, the following passage has to enervate a little:

"The Bulls have been the NBA's most profitable team this decade thanks to a huge fan base and low payrolls. The team has averaged $46 million in operating profits the past eight seasons versus a league average of $7 million."

That’s right. After selling out nearly every game even during the lean post-MJ years, after sometimes compiling a minuscule payroll that often had to be spiked with a late-offseason signing just to vault past the league’s minimum salary cap basement, after taking advantage of a large market and reeling in the cash due to the onset of lucrative home playoff games over the last three seasons; the Chicago Bulls are the NBA’s most profitable team. Does this mean the team will take advantage of those earnings, dive into luxury tax and pony up for a championship contender?

Hardly. But Chicago brass at least has the hope that Bulls fans will be distracted by some interesting sign-and-trade options for Ben Gordon next summer.

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8 Comments

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  1. rmejme
    1. Posted by rmejme Thu Sep 03, 2009 8:46 pm EDT

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    Bulls & Cubs Fan here. I feel sick to my stomach....what's worse is Reinsdorf was/is spending the money on the White Sox, a World Series winner a couple years ago.... A Cubs fans nightmare.......
  2. Erich S
    2. Posted by Erich S Thu Sep 03, 2009 8:24 pm EDT

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    Cubs, Bulls, Bears..... I'm thinking of moving.
  3. Fran T
    3. Posted by Fran T Thu Sep 03, 2009 3:11 pm EDT

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    Looks like Reinsdorf plays the owner game a hell of a lot better than his team has been playing basketball.
  4. Fran T
    4. Posted by Fran T Thu Sep 03, 2009 3:11 pm EDT

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    looks like reinsdorf plays the owner game a hell of a lot better than his team has been playing basketball.
  5. Basketman
    5. Posted by Basketman Thu Sep 03, 2009 4:51 pm EDT

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    The bulls could afford 2 superstars and still make a ton of money. Management never understands that a winner adds tons to the bottom line and can offset money spent. Ask the Yankees. We will never have good teams in Chicago until all of the current owners and management pass on get replaced. Watch the Black Hawks roll.
  6. Jay
    6. Posted by Jay Thu Sep 03, 2009 4:29 pm EDT

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    I think i recall that dirk is a free agent next year might as well pick him up and let the players that are here just play the year out.
  7. Michaelc
    7. Posted by Michaelc Thu Sep 03, 2009 3:29 pm EDT

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    What about the Suns?? They're the third most profitable team in the league and they can't go a dollar over the luxury tax even if its the difference between winning a championship or not? I'd be pissed if I were a Suns fan right now.
  8. lorenl
    8. Posted by lorenl Thu Sep 03, 2009 6:48 pm EDT

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    what has happened to the once mighty Bulls? They paid Jordan & Pippen, why aren't they trying? The ownership should have learned that it pays to have a winner, they've been living the residual high life of the Jordan era since. That's just crap! It's like the Marlins in baseball only in a large market! I'd like to know their excuse. Chi fans have supported them strongly, and for what? So they can keep everything at a minimum and pocket huge profits at the cost of winning and screwing their fans?? My God. What would Michael and Scottie say about this? I'm pissed, and I'm a Blazer fan.

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Ball Don't Lie is an NBA blog edited by J.E. Skeets. Email him, and follow him on Twitter.

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