Billion-Dollar Knicks and Lakers Top List Of NBA's Most Valuable Teams

Billion-Dollar Knicks and Lakers Top List Of NBA's Most Valuable Teams

National basketball association commissioner David Stern was vilified by fans and gamers for his role within the lockout that removed 20% of last season. But Stern works best for the proprietors, also it seems the commish, who's retiring in 12 several weeks after 3 decades in control, is heading out on the top. Stern is worth it of his salary, believed to approach $20 million.

The National basketball association locked out its gamers hoping of constraining their salaries, improving profitability and raising franchise values. Annually later, proprietors ought to be ecstatic using the results.

The typical National basketball association team may be worth $509 million, a 30% increase over this past year. The rise is because of greater revenue from television, new and refurbished arenas, and also the NBAs new collective-negotiating agreement, which reduced player costs from 57% of revenues to roughly 50%. The labor deal also elevated how much money high-revenue teams provide low-revenue teams.

Knicks fans have re-accepted the franchise following a miserable decade. Rankings for Knicks games greater than bending this past year on Monosodium glutamate because of Linsanity and also the 2012 playoff appearance. These were up  an additional 74% this year by The month of january. Fans clicked up Knicks gear  the teams merchandise was the 2nd-best-selling within the National basketball association last season. Knicks merchandise was the NBAs hot seller between April and November after point guard Jeremy Lin had performed his last game for that team.
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