Basketball Wiretap

Raptors Haven't Asked For Relief For Canadian Dollar

Feb 13, 2016 8:29 PM

Adam Silver was asked if there were any plans to make a deal with the Toronto Raptors due to the drop in the Canadian dollar.

In the past, Major League Baseball made a deal to give the Toronto Blue Jays and Montreal Expos some relief.

"There is no current plans to make any adjustments, but we have a planning committee of our owners that deals with matters like that," said Silver. "Of course it's something that we talk to MLSE about all the time. I should say the issue is complex, because in many cases when it comes to league revenue that's paid to the Raptors, it's paid in U.S. dollars, and they have other expenses, of course, they pay in Canadian dollars. So it's something that we're studying.

"The Raptors have not asked for relief from the league, but there have been periods of time historically when the Canadian dollar was at a low point when there have been adjustments made. So we'll continue to look at it. That's the purpose of our planning committee, which also oversees revenue sharing among our teams."

RealGM Staff Report

Tags: Toronto Raptors, NBA, NBA CBA

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NBA To Discuss Adding Corporate Logos On Jerseys For 17-18 Season

Feb 11, 2016 7:26 PM

The NBA sent out a memo seeking feedback about placing corporate logos on uniforms for the 17-18 season.

The initiative must be approved by the Board of Governors in April, which would allow teams a year to sell the space and it would also coincide with the start of their deal with Nike.

The NBA is proposing 50 percent of the money from a deal would be kept by the team with the other 50 percent going into a revenue-sharing pot due to the discrepancy between big and small markets.

Deals would be restricted to three years.

In 2011, Adam Silver suggested selling ads on jerseys could be worth $100 million per year.

Players will wear a Kia logo on the upper left chest of All-Star jerseys.

Darren Rovell, Brian Windhorst/ESPN

Tags: NBA, NBA CBA

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NBA Expects Players To Opt Out Of CBA If No Deal Reached By Dec. 15th

Feb 9, 2016 5:57 PM

Adam Silver and Michele Roberts have been meeting regularly as they work on building their relationship and trust.

Both the owners and players have the ability to opt out of the current CBA by Dec. 15th.

Silver said "clearly we’re operating under the premise that if we can’t get a new deal negotiated by then, they are likely to opt out. That puts a lot of pressure on both sides to work over the next 10 months, which is a long time, to get an extension done."

Silver has expressed optimism of a deal being reached.

“My cause for optimism is based on to me the spirit of the discussions and the directness in which we’ve been dealing with each other,” Silver said.

Jeff Zillgitt/USA Today

Tags: NBA, NBA CBA

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Average NBA Franchise Now Worth $1.25 Billion

Jan 20, 2016 12:48 PM

The average NBA franchise is now worth $1.25 billion, up 13 percent over last year with a 74 percent gain on the previous year after the national television media deals were completed.

The New York Knicks reclaimed the top spot from the Los Angeles Lakers after a one-year hiatus with a $3 billion valuation. The Lakers are now worth $2.7 billion.

The Knicks have a new cable deal and the highest premium-seating revenue in the league at almost $90 million. The split of the media and sports assets of Madison Square Garden Company in September precipitated a new media rights deal for the Knicks with the MSG regional sports network. The 20-year pact kicks off this season and is worth $100 million in the first year.

Rounding out the top five are the Chicago Bulls ($2.3 billion), Boston Celtics ($2.1 billion) and Los Angeles Clippers ($2 billion). Thirteen teams are worth at least $1 billion, up from just three two years ago.

1. New York Knicks: $3 billion
2. Los Angeles Lakers: $2.7 billion
3. Chicago Bulls: $2.3 billion
4. Boston Celtics: $2.1 billion
5. Los Angeles Clippers: $2 billion
6. Golden State Warriors: $1.9 billion
7. Brooklyn Nets: $1.7 billion
8. Houston Rockets: $1.5 billion
9. Dallas Mavericks: $1.4 billion
10. Miami Heat: $1.3 billion
11. San Antonio Spurs: $1.15 billion
12. Cleveland Cavaliers: $1.1 billion
13. Phoenix Suns: $1 billion
14. Toronto Raptors: $980 million
15. Portland Trail Blazers: $975 million
16. Washington Wizards: $960 million
17. Oklahoma City Thunder: $950 million
18. Sacramento Kings: $925 million
19. Orlando Magic: $900 million
20. Utah Jazz: $875 million
21. Denver Nuggets: $855 million
22. Detroit Pistons: $850 million
23. Indiana Pacers: $840 million
24. Atlanta Hawks: $825 million
25. Memphis Grizzlies: $780 million
26. Charlotte Hornets: $750 million
27. Minnesota Timberwolves: $720 million
28. Philadelphia 76ers: $700 million
29. Milwaukee Bucks: $675 million
30. New Orleans Pelicans: $650 million

Kurt Badenhausen/Forbes

Tags: New York Knicks, NBA, NBA CBA

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