The NBA has never been in a healthier financial state coming out of a CBA negotiation that benefitted the owners and a new television contract pending worth $24 billion over nine years.

The NBPA rejected the NBA's smoothing proposal for the salary cap and the sides could be destined for a labor dispute in 2017.

Valuations of teams have risen in recent years with the Los Angeles Clippers selling for $2 billion and the Atlanta Hawks being close to a $1 billion sale.

But the NBA somehow is not profitable for all 30 teams.

"The NBA, meanwhile, has independently-audited financial records to show a number of teams are losing money," writes Michael McCann.