Jefferson: NBA teams are operating at a loss and & cashing out and recovering, so the Trail Blazers and other teams are selling
Recently, on the "Road Trippin '", Jefferson discussed the operation status of NBA teams. He said: "I think the team's revenue sources were many years ago. There were regional contracts and obviously national capital injections. In short, there were many different ways to make money or put yourself in a good position. Yes, most teams may suffer losses, but in the end you can make a big profit when selling the team, right? For example, Mark Cuban, you spent $250 million to buy a team and lose $50 million a year, and those losses can be offset in many ways. Tax. Suppose you have a cumulative loss of $500 million in 10 to 15 years, then when you sell the team for $6 billion, a lot of these investments, so-called 'investment', can be offset. This is when you make money and cash out." " That's why we see Paul Allen (his successor after his death) selling the Trail Blazers, Mark Cuban cash out, Lakers cash out, Celtic cash out, Bucks cash out. All these teams we are talking about make money at this time."
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