We’re all glad that basketball is back, but our inability to actually attend a game has an impact on the NBA owners’ bottom line.
According to ESPN’s Brian Windhorst, several teams may be facing future payroll problems.
With Golden State Warriors owner Joe Lacob informing fellow owners of a deal he’s considering with Goldman Sachs to raise up to $250 million to manage coming expenses, Windhorst writes:
The Warriors are an outlier, as they derive around 80% of their revenue from Chase Center and can clear more than $5 million for some home games, according to league and team sources.