City: I Create The Nba!
Chapter 97 Nba's Revenue Exceeds 10 Billion, The World's Second Sports League! (45)
mid-June.
The nba headquarters in New York held the nba annual dividend conference on time.
The owners of 30 teams gathered together.
Bulls owner Jerry Reinsdorf, radiant and in good spirits.
Three years ago, he bought the Chicago Bulls from Jiang Han for $2.432 billion at a premium of 100%.
Because the team is located in Chicago, the third largest city in the United States, the ball market is extremely hot!
The growth rate of the Bulls' market value is astonishingly fast.
Since Michael Jordan was selected in last year's draft, the team's competitiveness has skyrocketed and it has become one of the top teams in the NBA.
This year, under the leadership of Jordan, the Chicago Bulls won the first championship trophy in team history.
This also allowed him, the owner of the team, to earn a lot of money!
At this moment, he is bragging to other bosses, saying how wise he was back then and that he chose Huanfan.
The bosses of other teams grinned and muttered "September 13" in their hearts.
Why didn't they draft Jordan?
At this time, Steve Ballmer, the owner of the Los Angeles Clippers, suddenly said: "Jerry, the Clippers want to make a deal with the Bulls.
As long as you are willing to trade Michael Jordan, Clippers' Danny Manning, Wald B. Free, Elton Brand, Lamar Odom, you take your pick!
In addition, this year's Clippers' first-round pick, the Clippers' first-round pick in 2026, etc., can all become trading chips. 27
As soon as the words fell, the other bosses spoke one after another.
The owner of the Mavericks, Mark Cuban, teased: "Steve, you are not authentic! Now Michael is the number one player in the NBA, and your Clippers can't replace Jordan with such crooked melons!"
Nuggets owner Stan Kroenke said: "Jerry, consider our Denver Nuggets. As long as you let Jordan come to us, Billups, David Thompson, Kiki Vandeweghe, Jalen Rose , all of them can go to Chicago!"
Warriors owner Joe Lacob said in a deep voice: "Jerry, how about the Warriors trade Chamberlain and Rick Barry for Jordan? If you are worried about the salary mismatch, just give them some extra money!"
Pistons owner Tom Gore suggested: "Jerry, the Pistons are willing to trade Isiah Thomas and Grant Hill for Jordan. If not enough, we can still have a first-round pick, which will definitely not let the Bulls suffer."
Magic owner Richard DeVos asked: "Magic would trade O'Neal and Strickland for Michael Jordan!"
Jerry Reinsdorf, after hearing the offers from many bosses, many thoughts flashed through his mind.
He doesn't like the chips offered by most teams.
However, the offers from the Warriors, Pistons, and Magic are quite sincere.
But now Michael Jordan is the star with the highest commercial value in the NBA.
Some time ago, Nike launched the air-jordan brand, which was specially set up for Jordan.
Now the AJ brand is popular all over the world.
With this move, Nike seems to have surpassed Adidas and become the leader in the sporting goods industry.
Moreover, when Jordan was on the Chicago Bulls for a day, various sponsors would come waving checks, ranging from jerseys and shoes to suits and watches.
In the past two years, the team has made a lot of money!
Money, money, and life are connected.
Chamberlain and O'Neill are certainly powerful.
But in terms of commercial value, it is far behind Michael Jordan!
Thinking of this, Jerry Reinsdorf declined everyone's offer, saying that Jordan is not for sale.
At this time, Clippers owner Steve Ballmer said again: "Richard, the Clippers are willing to use these chips just now to exchange for O'Neal of your Magic."
Richard DeVos smiled sarcastically: "Sorry, O'Neill is not for sale of the Magic!"
Hearing this, Ballmer was a little angry.
Just now you wanted to trade O'Neal and Strickland for Michael Jordan of the Bulls.
At that time, why didn't you say that O'Neal was not for sale by the Magic?
He turned his head, looked at Warriors owner Joe Lacob, and was about to speak.
But I heard Lacob say: "Steve, I'm sorry, Chamberlain is not for sale by the Warriors!"
Hearing this, Ballmer was a little depressed.
In terms of wealth, he is 74.1 billion U.S. dollars, ranking 14th on the Forbes Global Billionaires list!
There are rich people here, one counts as one, and there is no one who can fight!
But the nba league has its own operating system. If you want to develop a team, it doesn't matter if you have a lot of money.
People are unwilling to trade Jordan, O'Neal, and Chamberlain to you.
You can't grab it!
This is where he is most helpless, and there is nowhere to use his strength.
Right now, Steve Ballmer can only expect the Clippers to select a "Huan Dan" who belongs to the Clippers in the draft!
The president of the NBA, Jiang Han, sat at the top and began to tell the team owners about the profitability of the NBA this season.
He slowly said: "In the 2023-2024 season, a total of 108 companies sponsor the NBA, with a total advertising sponsorship amount of 8 billion U.S. dollars, an increase of 36% year-on-year.
This season, the sales of alliance logo products, development of alliance derivative products, global promotion and other activities made a total profit of 1.88 billion US dollars, an increase of 86% over last year.
The total ticket sales of 30 teams to the league was 960 million US dollars, a year-on-year increase of 47%.
Not counting the profits of the respective teams, and subsidizing the corresponding expenses of the Development League and Wnba.
Total revenue for the NBA season is $10.825 billion!"
Hearing this, everyone present took a deep breath, with shocked expressions on their faces.
Last year, the NBA's total revenue was US$7.4 billion, ranking third among all sports leagues in the world.
Second only to NFL Football League and MLB Baseball League.
But this season, the NBA signed a 9-year, $24 billion broadcast contract with broadcasters.
After the NBA's perfect commercial operation, it was able to create such an exaggerated amount of profit!
Simply incredible!
Speaking of this, Jiang Han paused, smiled and said: "Let me say something off topic.
According to data released by Forbes some time ago, the total revenue of MLB this season is 10.7 billion US dollars.
The NBA's revenue this season is 10.825 billion US dollars.
This makes the nba surpass the mlb major league baseball as the second most profitable professional sports league in the world, second only to the nfl football league with $14 billion in revenue
The voice just fell.
All the bosses at the scene applauded and celebrated.
They know very well in their hearts that there is still a long way to go between the current NBA league and the NFL league.
To be able to surpass MLB in terms of income by 0.7 is already very impressive!
After the scene calmed down a bit.
Jiang Han continued: "The total ticket revenue is 960 million U.S. dollars, which will be used for the distribution of team bonuses for the playoffs, subsidies for on-the-spot referees, reimbursement of travel expenses and subsidies for staff in the competition area, etc., and the money will not be divided equally among the teams. Team.
The NBA will distribute 51% of the $9.865 billion to the NBA teams equally.
That is, each team can share 167.7 million US dollars in season dividends. "
Hearing this, all the bosses, including Steve Ballmer, laughed from ear to ear.
Last year they were allocated $114.75 million, and they were content.
This year, they split $167.7 million, $52.95 million more than last year!
This is not a small sum!
In addition to dividends, team ticket sales, team derivatives, team sponsors, etc., let them make a lot of money in this season!
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