claims that last season, 23 of the 30 teams experienced a net income loss and the league collectively lost $340 million. that figure was previously recorded at $370 million, which prompted this tweet from nick silver, if david stern really thinks the nba lost $370 million last year, shouldn t he fire himself? he questioned whether the nba misrepresented losses using accounting tricks. independent estimates of the nba financial commission reflect a sport that s an undeliberated revenues between teams, but which is a profitable business. those came from forbes, which concluded last season 17 of the 30 teams lost money and the league made a profit of $183 million.
bargaining ended yesterday. players say not so fast. in negotiations, the owners are primarily represented by nba commissioner, david stern, who claims that last season, 23 of the 30 teams experienced a net income loss and the league collectively lost $340 million. that figure was previously recorded at $370 million, which prompted this tweet from nick silver, if david stern really thinks the nba lost $370 million last year, shouldn t he fire himself? he questioned whether the nba misrepresented losses using accounting tricks. independent estimates of the nba financial commission reflect a sport that s an undeliberated revenues between teams, but which is a profitable business. those came from forbes, which concluded last season 17 of the