Per Grantland Hawks lost $13 M last year(tied for 2nd behind Nets $144 M

[HawkItus]

So $15M from trading Lou Will(hmmm)  I'm just saying.  

[DrReality]

surprised.  they need some talent to fill the seats.  

[yungsta]

A link or atleast a quote from the article would be nice.

[GameTime]

@Vol4ever

[MaceCase]

Wow, when you are that far behind #1 ( should it be 0?)  I don't think #2 should even count.

 

Link I found

http://basketball.realgm.com/wiretap/234028/Report-Nets-Projected-To-Take-$144M-Loss-In-13-14

 

Mentions the Wizards though being in 2nd.

The Brooklyn Nets are projected to have a loss of $144 million for the 13-14 season, according to a confidential memo the NBA sent to all 30 teams in early June.

The NBA expects nine teams will end up having lost money once luxury-tax distribution and revenue-sharing payments are finalized.

The Washington Wizards are second in projected loss of about $13 million.

Edited June 30, 2014 by MaceCase

[Guest]

Yeah, I don't see where this is at all true. The original grantland article is: http://grantland.com/the-triangle/grantland-exclusive-the-jason-kidd-mess-has-a-144-million-pricetag/ and if you do a ctrl+f there is no mention of Atlanta or Hawks.

 

DELETE!

[matt52500]

Listening to the BS Report today with Lowe, says we were right there with the Wiz for this season.

[Twinblade]

surprised.  they need some talent to fill the seats.  

 

Hawks need a superstar to fill the seats. And that will never happen. 

[NBASupes]

That really hurts my idea of Jeremy Lin being a Hawk. Them paying 7.8 mil out of pocket for him even with a 1st or two 1st's coming our way as well might not be enticing. I guess the one plus is Lin sells you about 200 extra tickets. If him and Horford work extremely well together and have great success than his hype plus wins would sell instantly in Atlanta and that could make us a lot of money but other then that. It's no guarantee that will make us money like a Melo signing instantly does much less a Lebron signing.

 

Hey @hawksfanatic, If the Hawks sign Deng and their player salary goes up but our hype and attendance remains the same, how much could they be in the market to lose as they will spend 5 more million than expected before the Lou trade with all options met?

 

 

Thanks!

[HawkItus]

Listening to the BS Report today with Lowe, says we were right there with the Wiz for this season.

Yeah BS report

Ye of little faith. Give me a little credit for not coming and spreading falsehoods.

Edited July 1, 2014 by HawkItus

[Nicholasp27]

The article also mentions "basketball side of business"

So if you include Phillips Arena, the owners likely made money

[Guest]

Yeah BS report

Ye of little faith. Give me a little credit for not coming and spreading falsehoods.

 

Well if you just said that in the first place! {/sarcasm}

 

But seriously post a link or reference the podcast. No one on this site has enough credit to just say things without backing it up. No one.

[NineOhTheRino]

My type of problem.  Wish I were lucky enough to lose 13 mil.