Nearly half of the 30 NBA franchises lost money last season—the Portland Trail Blazers among them—and league revenue sharing is responsible for keeping struggling teams in the black, according to Brian Windhorst and Zach Lowe of ESPN. In an article published this morning, the duo exposed a confidential NBA report detailing the financial status of its teams following the 2016-17 season. According to the document, 14 franchises operated in the red when measured by net income, 10 when gauged by operating income. The Trail Blazers made both lists. The Blazers avoided a third category, “Net Income After Revenue Sharing”, meaning payouts from the league’s complex revenue sharing program and luxury tax violators kept Portland from finishing in debt for the year.
Report: Trail Blazers Lost Money Last Season, Depend on Revenue Sharing
