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Originally Posted by chumdawg
The last NBA expansion franchise garnered, what, $350MM for the league? Just stop down and ask yourself why businessmen would pay $350MM for the right to lose money year in and year out.
That's really all you need to know, right there, if you will think about it. The NBA is a money-making operation, as of course you would expect it to be if you weren't held to a romantic notion of a diehard owner who wants a championship at all cost.
You can't sell franchises for $350MM if all those franchises are going to do is bleed money.
Let's use some common sense here.
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People that have upwards of 1.6 B in cash don't deal in the same common sense world that you and I live in.
IMO - Mark still owns the team because he needs them for uses other than basketball. He considered selling the team back in '06 but didn't. Ask yourself why. If Mark sells the team who is he? Just another jackass with alot of money. Does Dancing With The Stars care about him if he's not that "crazy NBA billionare owner"? Does what he says on his blog carry as much weight? Do people still beg him for interviews?
This is why people buy sports franchises. The majority of them DON'T make money, and as was already mentioned, what you do make in profit gets partially shared with the rest of the league anyways.
Another thing to remember is that Mark doesn't own 100% of the team, so therefore if the Mavs post losses, he isn't the only one out of pocket.