Tuesday, July 8, 2014

Despite Chaos, The Lakers Were The Most Profitable NBA Team, by a Landslide

This past season, the Los Angeles Lakers posted their worst record since moving to Cali, going 27-55. But, believe it or not, it wasn't all bad for the Lake Show. According to a memo given to every team from the league, the Lakers were the most profitable franchise during the 2013-14 season after raking in an astronomical $158.3 million prior to tax and revenue sharing. That mark is well above the Chicago Bulls who came in second on the list, pulling in $75.7 million.

After forking over $8.7 million in luxury taxes and $49.6 million for the NBA's revenue sharing, the Lakers' profits will stand at $100.1 million. Not a bad haul for a team which played a majority of the season without their star player, Kobe Bryant.

Now, could you imagine the Lakers' total revenue if they are able to convince Carmelo Anthony to play alongside Kobe?

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