Forbes: Blazers are the 12th most valuable franchise in the NBA

[BlazerBeav]

Operating profit last year of $30 million. Guess there's no reason to move the team afterall.

http://www.forbes.com/pictures/mli45eheim/12-portland-trail-blazers/

 

[Draco]

Operating profit last year of $30 million. Guess there's no reason to move the team afterall.

http://www.forbes.com/pictures/mli45eheim/12-portland-trail-blazers/

Well ya never know, Sonics were probably ranked about that high in profitability.

We at least got 9 years left on the lease with the city though.

 

[Draco]

Heres the details;

Current value: $587 million
Revenue: $140 million
Operating profit: $30 million

The Trail Blazers' 195 game home sellout streak ended last season as the team missed the playoffs for a second straight year. The team still finished with the NBA's fourth highest attendance at 19,829 per game, but luxury suite sales were a problem with only 30 of 57 all-event suites leased for the season. The team added Moda Health as a naming rights partner in August in a 10-year, $40 million deal. The agreement left only three NBA venues without a corporate name out front: Palace of Auburn Hills, New Orleans Arena and Madison Square Garden.

 

[jlprk]

It seems like Forbes updates some NBA list every couple of months.

 

[BoBoBREWSKI]

I think 12th is impressive considering we are one of the smaller market teams.

 

[cmeese47]

Operating profit last year of $30 million. Guess there's no reason to move the team afterall.

http://www.forbes.com/pictures/mli45eheim/12-portland-trail-blazers/

We maybe number 12 on the list but we are still under the NBA average. With the average value being 634 million.

 

[illmatic99]

We maybe number 12 on the list but we are still under the NBA average. With the average value being 634 million.

Outliers on the top end distort the distribution. That's why you need to look at the median (we're 12th) rather than mean for a better indication of the true value.

It's similar to real estate prices.

 

[cmeese47]

Outliers on the top end distort the distribution. That's why you need to look at the median (we're 12th) rather than mean for a better indication of the true value.

It's similar to real estate prices.

Maybe so but you want to be one of those teams worth over a billion with a large tv contract

 

[BlazerBeav]

Maybe so but you want to be one of those teams worth over a billion with a large tv contract

Sure, but you're never going to be if not in LA, Boston, NYC. That's not realistic for 24+ franchises.

 

[cmeese47]

Sure, but you're never going to be if not in LA, Boston, NYC. That's not realistic for 24+ franchises.

Why not the NFL has done it.

 

[Strenuus]

Why not the NFL has done it.

They play 16 games... you can't compare the two sports when one play 66 more games, diluting the numbers (or spreading them out)... it's more condensed. Just because you play more, doesn't mean you make more, especially if your team isn't marketable (not the LA's and NY's, CHI, etc.) or has a sucky team, or both... again, unless you're LA NY, CHI. They make money regardless of what they do, because the media doesn't care about the team, they only care about the money. See: NFL. Most of the teams actually suck, but since they play so few games, and it's on one day (the majority of it that is...I don't count the outlier games on Monday, or Thursday, as those are just gimmicks anyway)they can pack the rest of the week with hype and bullshit to brainwash and sell. It's pretty much the reason why I have not watched one NFL or CFB game in 3 years. It's not about the game, it's about money.

Then again, you can say that about any of the big sports. If we had no NBA team, I'd never follow it.