Quote:
Originally Posted by TheWatchGuy
ticket sales make up a very small portion of the revenue. its all the sponsorships and tv/media deals that bring in the big bucks.
nba made $10bill last season. only about $50mill was from tickets.
like it or not, the nba/nfl are going to continue to make a ton of money off media deals and athletes will be getting more and more money because of it
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Oh I know, but still it's pretty crazy the money that is generated from ad revenue, which is why the TV contracts are so lucrative.
The valuations are also pretty crazy. For my home town team, it's crazy to think that Clay Bennett paid $350 million for the Supersonics and in less than two decades the team is valued at $1.7 billion.