- Joined
- Aug 28, 2008
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- Location
- North Texas
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- Political Leaning
- Conservative
more economic ignorance
just as i had anticipated
you want us to believe that the owners who are presently losing money while generating income from NBA games will somehow become profitable by not selling sporting events during the strike
you mentioned you have operated a business for twenty years. your profession that losses can be turned into profits by discontinuing income generating operations causes me to question your success as a business operator. reminds me of the adage about how to earn a million dollars in the restaurant business. answer: start with two million
Mark Cuban won an NBA championship last year and lost money. Does that not resonate with you?
Do you not understand that if you make $100 through gate receipts, but you pay out $120 in player salaries and event costs, that you are better off not to have the game in the first place? And you call me ecomomically ignorant?
By your definition of business, no business would ever go out of business.