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I'm with you Ryan. I actually think the NBA is split into three grpous: big market teams loaded with stars, small/mid market teams that are well managed and poorly run small market teams. Forget about average p&l, instead look at bottom line of each team. No need to worry about the Lakers, Bulks, Heat, Knicks, etc. They sell out at top dollar and generate huge revenues through sponsorships and broadcast rights. Call them the elite. The middle class roughly break even through solid management and a loyal fan base. The bottom rung includes poorly run teams in markets that can't support them. You are right-sounds just like baseball. Great blog by the way! I'll add it to my resource tab! | |||
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