Somebody Explain This Business Model To Me,,,

[CADplans]

OK, Lebron goes to the Lakers for $40 million per year,,

Lets say they have 10,000 seats,, the news reported the cheap season seats jumped from $3800 to $6000 over the weekend.

10,000 times an average of what? $8000 per season seat? That is $80 million,, and Lebron gets half?
The other players get some pay,,,

There is almost no TV revenue, compared to seat revenue, so,, explain the business model,,
Where does the money come from??

 

[RickB]

Not me.

 

[smstonypoint]

This article explains NBA revenue sources:https://www.forbes.com/sites/baileybrautigan/2016/03/21/where-all-that-money-comes-from-nba-team-valuations-visualized/#363223bf444f.

Steve

 

[Streetcar]

Nike stock was down 3% on news roger Federer is leaving Nike endorsement

 

[/pine]

I would not call $24B "almost no TV revenue"...

The NBA's Business Model | Investopedia

 

[buckeyefarmer]

Not me.

Me neither. Pro BBall is the worst.

 

[CADplans]

I would not call $24B "almost no TV revenue"...

The NBA's Business Model | Investopedia

I guess I am saying compared to football,,
basketball does not have a day and a half each week of the season devoted to the entire country watching the sport on TV.

Football has 6 to 8X the number of fans at a game,,

It does work, but, it is not obvious,,, :confused2:

 

[RickB]

I guess I am saying compared to football,,
basketball does not have a day and a half each week of the season devoted to the entire country watching the sport on TV.

Football has 6 to 8X the number of fans at a game,,t






It does work, but, it is not obvious,,, :confused2:

Roundball schedule has a few more than 16 games.

 

[nybirdman]

I really like college basketball,seldom watch the "pro's".

 

[TheMan419]

Roundball schedule has a few more than 16 games.

Plus they only have like 12 players on a team. Football has what 50 plus the practice squad.