City: I Create The Nba!

New York, Manhattan cbd.

Olympic Building, nba headquarters.

Inside the conference hall.

Steve Ballmer, Judy Allen, Mark Cuban, Joe Lacob, Tony Ressler, Robert Pera, Tsai Chongxin and other well-known rich people came to the scene.

As the owners of the nba team, they specially came to participate in the nba league dividend conference.

At the beginning of the season, everyone spent huge sums of money or a premium to buy nba teams, in order to treat the team as a long-term investment and real estate, waiting for appreciation.

Now that the season is over, it's time for their harvest.

Jiang Han, president of the nba, is telling the team owners about the profitability of the nba league at the moment.

"Nba 2021-2022 season, a total of 72 companies sponsor the NBA, with a total sponsorship amount of 5.6 billion U.S. dollars, a year-on-year increase of 116%."

"This season, the sales of league logo products, the development of league derivative products, and global promotion have made a total profit of 880 million U.S. dollars."

"This season, the total ticket revenue of 30 teams handed over to the league is 420 million US dollars, a year-on-year increase of 135%."

"Not counting the profits of each team, the total revenue of the NBA league is 6.9 billion U.S. dollars!"

As soon as the words fell, the 28 NBA team owners on the scene took a deep breath, quite surprised.

They are leaders in all walks of life in the world, but the profitability of the nba league still surprises them.

This $6.9 billion is net profit!

The ability to absorb money is outrageous!

Jiang Han continued: "Last season, the NBA returned 48.04% of its revenue to each team on average.

This season, after the NBA official, the players union, the NBA committee, and the three-party negotiation, this ratio has increased to 51%!

Since the ticket revenue of 420 million yuan will be used to distribute bonuses to the playoff teams, and to reimburse travel expenses and subsidies for on-the-spot referees and competition area staff, the money will not be shared equally among the teams.

Therefore, the NBA will distribute 51% of the $6.48 billion to the 30 NBA teams.

That is, each team can get 110 million US dollars!

The finance department of the nba league will transfer the money into the accounts of the bosses. "

When the team owners heard this, they immediately burst into smiles.

They all have an account in mind.

Team profits include ticket revenue, on-site advertisements, jersey advertisements, sales of jerseys and other souvenirs, etc.

Add in the $110 million league dividend.

This season, the team has not only made a lot of money, but it can also be said to be a bumper harvest!

Originally, they spent money to buy nba teams, mainly for long-term investment and real estate appreciation.

Short-term investment does not make money, but long-term investment is absolutely stable!

But now, they found that the profits of short-term investment are also considerable.

In the crowd, Grizzlies owner Robert Pera and Thunder owner Clayton Bennett had big smiles on their faces.

Last season, the Grizzlies lost $6 million and the Thunder lost $15 million, making them the only two teams in the NBA to lose money.

When the two took over at the beginning of the season, they were still a little apprehensive, for fear that the team would continue to lose money.

However, as soon as the league's dividends came out, they all found that the team had reversed its profit and loss this season, and its net profit exceeded the $20 million mark.

At this time, nba president Jiang Han waved to his female assistant Cui Yue, signaling her to distribute the latest market value statistics of the nba team to everyone.

When everyone took the form and looked at it, they were shocked.

On the latest market capitalization rankings of nba teams, the market capitalization of each team is growing very fast.

New York Knicks, the latest market value of 2.162 billion US dollars.

The latest market value of the Los Angeles Lakers is $2.068 billion.

Golden State Warriors, the latest market value of 2.021 billion US dollars.

Boston Celtics, the latest market value of 1.457 billion US dollars.

Chicago Bulls, the latest market value of 1.41 billion US dollars.

Los Angeles Clippers, the latest market value of 1.222 billion US dollars.

Brooklyn Nets, the latest market value of 1.175 billion US dollars.

...

Detroit Pistons, the latest market value of 681 million US dollars.

Orlando Magic, the latest market value of 672 million US dollars.

Minnesota Timberwolves, the latest market value is 646 million US dollars.

New Orleans Pelicans, the latest market value of 634 million US dollars.

Memphis Grizzlies, the latest market value of 611 million US dollars.

...

At the end of the list, there is a line of conspicuous fonts.

"The average market value of the 30 teams in the NBA has reached 1 billion US dollars, a year-on-year increase of 125%!"

...

Memphis Grizzlies owner Robert Pera said with a smile: "At the beginning of the season, I bought the Grizzlies for $494 million, and now the team's market value has risen to $611 million, and the team's profit has exceeded the $20 million mark. Mr. Jiang Han, you are really our lucky star!"

Stan Kroenke, the owner of the Denver Nuggets, also said: "I bought the Nuggets for 608 million US dollars, but now the team's latest market value is as high as 752 million US dollars, and the team's profit exceeds 25 million US dollars. Very good deal!"

The bosses of other teams also spoke up one after another, praising the management of the nba league.

Jiang Han joked with a smile: "Bosses, don't sell the team now.

Although the market value of the team has risen, you still have to pay taxes when you sell it. You need to calculate the money clearly.

I sold 28 nba teams last year and paid a total of 12.292 billion dollars in taxes, but I love you so much! "

Hearing this, the bosses roared with laughter.

Everyone is a businessman and deals with taxes all day long, so they can naturally understand Jiang Han's feelings.

Mark Cuban, the owner of the Dallas Mavericks, said: "Mr. Jiang Han, if you build the NBA headquarters in Texas, you don't need to pay state taxes, which can save you about 10% in taxes."

Jiang Han nodded with a smile.

At the beginning of the establishment of the NBA League, he did consider the state tax factor.

Although the taxes in New York are high, the establishment of the nba headquarters here is undoubtedly a symbol of strength.

What's more, New York is the largest city in the world, which can maximize the international influence of nba.

At this time, Jiang Han changed the subject and said with a serious expression: "Everyone, the existence of the NBA League can make some teams lie down and count money.

But if you want to earn more, you still need the team's own efforts.

If some teams don't want to make progress, the NBA official and the NBA committee will definitely not stand by.

Because you are damaging the interests of all team owners! "

Hearing this, all the bosses present nodded seriously, understanding what Jiang Han meant.

The nba basketball league is made up of 30 teams.

If the income gap between the teams is too large, then the nba league will show a one-sided situation, the competitiveness and viewing will become worse, and the market will definitely not be good.

On the other hand, the nba league takes a percentage of the ticket revenue of each team.

If a team does nothing, the NBA will get very little from that team.

You must know that these ticket fees are used for the distribution of team bonuses in the playoffs, on-the-spot referees, and competition area staff reimbursement for travel expenses and subsidies.

This is undoubtedly something that damages the entire alliance!

It is impossible for other team owners to watch something like this happen.

Because the 30 teams in the nba league have become a community of interests, and black sheep are absolutely not allowed to appear!

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