Bulls are raking in profits if not wins

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Location. Location. Location. And a favorable stadium deal.

In the world of profit and loss, the Bulls are your NBA champions. Last season, the Bulls made a profit of about $51 million. Over the last three years that sum is $165 million. Over the last decade the Bulls have made owner Jerry Reinsdorf $474 million in operating profit.

That is more than any team in the NBA. It is more profit than the Yankees made in the last decade. The Bulls may not have been a winner on the court since the Jordan era, but they have been a winner for Reinsdorf.

Doug Thonus over at Bulls Confidential took the time to compile the profit each team has made for the last 10 years — as estimated by Forbes, since the NBA owners won’t even show the Players Union the real books if they can help it — and the overall picture is that basketball remains a good business.

Especially if you are the Bulls, playing in a major market with a sweetheart stadium deal. Second on the profitability list over the last decade is the Lakers — which makes sense, not only is it another major market they have a lot of playoff dates to get extra revenue from. And a few titles to go with it.

Rounding out the most profitable team top 10 in the last decade is the Suns ($87 million the last three years, $275 million over 10), the Pistons ($126 million, $263 million), the Rockets, Celtics, Spurs, Clippers and Cavaliers.

Yes, Clippers. $140 million over the decade, about $10 million last year. It shows that market and keeping your payroll down matters more than winning.

The numbers also undercut the owners arguments of massive losses heading into the Collective Bargaining negotiations. No doubt, with his economy, team owners have been feeling the pinch the last couple years — Forbes estimates 11 teams lost money last season, and David Stern has said that more than half will this year and the owners will lose about $400 million total.

But over the last three years, nine teams have lost money, and the most lost was $46 million by Portland. In the past decade, seven franchises have not turned a profit — and they are some of the league’s worst-run (Pacers, Timberwolves, Nets, Bucks, Grizzles, Mavericks and Blazers).

Certainly the Mavericks are not poorly run, but don’t weep for Mark Cuban and his $154 million in losses in 10 years — these figures do not include the increase in the value of the franchises. That has steadily risen until the last couple years. Which is to say, the value of Cuban’s Mavericks has gone up a lot more than $154 million in the past decade. If he were to sell the team tomorrow, he would have made a net profit.

But not the kind of profit Reinsdorf makes.

Jeopardy uses “crying Jordan” meme for question

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You know a meme has jumped the shark when it appears on Jeopardy. (Also, the phrase “jump the shark” has jumped the shark.)

The “crying Jordan” meme reached that level this week when Alex Trebek asked a question about it.

This in no way means we should stop using the crying Jordan meme — even if it bothers MJ himself, and it does — because it’s still funny.

Charles Barkley on new schedule: “These poor babies can’t play back-to-back games”

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Training camp hasn’t even opened yet, but Charles Barkley is already in midseason “get off my lawn” form.

Barkley — the man who can’t stand jump shooting teams, or analytics, or LeBron James asking for better players, or your newfangled technology — went off on another tedious rant at an SMU event Wednesday, this time about the NBA’s decision to start the season a little earlier and have fewer back-to-backs and eliminate four-games-in-five-nights.

Ugh. Like a lot of former players — and a lot of non-athletes, for that matter — Barkley is convinced his peak as a player coincided with the greatest era of basketball ever. Things were never better than the way they did it in his day.

Which means facts — like pointing to the studies that show players both are less likely to be injured and play better and more efficiently when rested — don’t matter. Barkley did it, so players now should have to do it. Who cares if all these packed in games can shorten their careers?

Then again, maybe a few days off would have helped Barkley in the second half of his career.

B.J. Armstrong, former Jordan-era Bull turned agent, told me last year that if teams and players knew in his day what they know now about rest and injury, you would have seen stars like MJ rest. Over time we learn more information, and the smart people and organizations adjust.

Barkley will make far more headlines over the course of the season, he gets paid to be brash, say whatever pops into head, and be generally draw attention to himself. It makes him entertaining, and that’s what Inside the NBA is about. But I will defer to Steve Kerr’s comments from last playoffs on all these old “get off my lawn” players.

“The game gets worse as time goes on. Players are less talented than they used to be. The guys in the 50s would’ve destroyed everybody. It’s weird how human evolution goes in reverse in sports. Players get weaker, smaller, less skilled. I don’t know. I can’t explain it.”

For a couple grand, Warriors fans can have Larry O’Brien Trophy visit their suite

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There’s so much money floating around the Bay Area right now thanks to another tech boom, this price almost seems low.

If you have a suite for the Golden State Warriors home games this season — and those are pretty much sold out, the Warriors draw big from the Silicon Valley crowd — you can have the NBA championship Larry O’Brien Trophy visit your suite. All for just a couple grand. From Gilbert Lee, via ESPN’s Darren Rovell.

The best part is it includes champagne… do you get to spray each other with it as you hold up the trophy? Now that would be perfect (goggles included, of course).

Have an issue with this? Why? To the victor goes the spoils. The Warriors may be able to sell this package for years.

Sixers new “Spirit of 76” court is fire

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First, the Sixers nailed the Nike “statement” jersey.

Now, they have announced a new “Spirit of 76” promotion, with seven tribute nights this season honoring the history of the franchise and of the Philadelphia area (and there is plenty of history to honor).

The best part — the “Spirit of 76” court with the bell logo.

Here is the promo vid

I just hope the Sixers team can live up to all the hype.