The Final Isiah Tally Is... $187 Million
According to Portfolio, in an estimate that I have to consider very kind, the Knicks have cost themselves the amount in the header from hiring Zeke.
* $137 million in luxury taxes.
* $19.6 million in lost gate revenue.
* $18.5 million to make Coach Brown go away.
* $11.5 million for Thomas’ treatment of Browne Sanders.
The lost gate revenue comes from low ticket sales due to a lack of any kind of late-season interest in the team, but I have to wonder... what about the lack of playoff revenue? The likely devaluation of the franchise? The Nets' becoming enough of a team that they are getting an arena in Brooklyn, thereby giving them a better chance at encroaching on ticket revenue from the Boroughs? The likely actual profits from any kind of competence?
Well, I'm thinking we're looking much more like $250 million. If not more...
No comments:
Post a Comment