NBA news: NBA economy (page 10)
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Tuesday, November 4, 2014
Nets owner Mikhail Prokhorov said Monday he will not give up control of the team and downplayed the club's money losses last season as "not a big deal."
Thursday, October 30, 2014
Steve Ballmer stands to gain as much as $1 billion in tax benefits as a result of his $2 billion purchase of the Los Angeles Clippers basketball team.
Thursday, October 30, 2014
Dozens of construction workers stood in the background Wednesday as the Sacramento Kings officially kicked off construction of their $477million downtown arena.
Friday, October 24, 2014
The Hawks have hired investment banker Goldman Sachs and Inner Circle Sports to sell the franchise, according to a person familiar with the situation.
Tuesday, October 21, 2014
Brooklyn Nets minority owner Bruce Ratner is putting his majority share of Barclays Center on the market.
Monday, October 20, 2014
Former Hawks player Dikembe Mutombo has met with a group of investors about joining their bid to buy the Atlanta Hawks.
Thursday, October 16, 2014
Chris Webber is part of a potential ownership group that has submitted a letter of interest to the NBA about its desire to purchase the Atlanta Hawks.
Monday, October 13, 2014
The National Basketball Association is moving its logo patch to the back of team jerseys next season, citing stylistic reasons.
Monday, October 6, 2014
ESPN and TNT retained the rights to show NBA games for the next nine years in a new deal announced Monday. The deal's value is $2.66 billion per year.