Reply to thread

Message: [QUOTE="Cuango, post: 5314586, member: 3834"] How much did Seinfeld make in profits? While I do not know myself, I’d be willing to bet it made huge amounts of money. That is why the actors also made lots of money! The W on the other hand, has by all accounts [B]never[/B] made a profit. Could this have something to do with how much players are paid? I’m guessing yes. From what I have heard they have lost a minimum of 10 million [B]every[/B] year they have been in existence! I believe they’ve been in existance for 27+ years or so. That means (not counting the reported 40-50 million they lost last year, the owners are now owed somewhere in the neighborhood of 300 million dollars! Give or take 20 or 30 million. Now [B]if[/B] or [B]when[/B] the league does start to make money, the owners and/or the NBA are going to expect that all that lost money will be reimbursed to them. How is that wrong? I have no idea as to the reliability of these numbers but as far as I know the NBA, as the other money supplier to the W, has backed them up as being true. That is why I tend to believe the numbers. Of course, the fact that until Clark arrived, the league’s attendance and viewership numbers were pathetic also lends credence to the contention that the league has been a money pit for its entire existence. I’m actually rooting for the players to make more money but those increases must be paid by profits, not by imaginary “because I deserve it” money. [/QUOTE]