This news should be almost expected, coming on the heels of David Stern saying that next year’s salary cap would be higher than expected — you all kept going to games.
According to the Sports Business Journal, attendance at games this year was off only slightly.
The NBA closes its 2009-10 regular season with more than $1 billion in gate revenue, down single digits from last year but less than the roughly $100 million drop in gate revenue the league had predicted.
League wide average attendance fell 2 percent to 17,165 fans per game. Television ratings during the regular season were flat on ABC and ESPN and up on TNT.
Overall NBA revenue is expected to exceed $3.5 billion, of which roughly one-third is derived from the league’s gate revenue.
The league wasn’t giving out specific revenue loss numbers, but it had warned previously to prepare for a big drop in gate revenue. But despite ticket discounts and worries of attendance falling off, things were just off slightly.
Sponsorship was another concern — that is a key revenue source for teams. But the number of new sponsorship deals increased by seven percent.
All showing that while things are not great financially for the league, the doom-and-gloom scenarios did not pan out. Things are not that bad. Something the Players Association will be sure to mention during the upcoming Collective Bargaining Agreement talks.
Ty Lawson is headed to the Kings, as first reported on Monday. The team made the move official on Wednesday with a press release, and USA Today‘s Sam Amick offers up another important piece of information: Lawson’s deal is not guaranteed, making it essentially a make-good camp invite.
It’s staggering how Lawson went from a borderline All-Star level point guard in 2012-13 to signing a non-guaranteed one-year deal with a lottery team three years later. His off-the-court issues have contributed to that, and he didn’t produce last season in Houston and Indiana. Still, he should have a pretty good chance of making the Kings’ roster, with Seth Curry and Rajon Rondo gone and Darren Collison their only proven point guard. They need depth there.
When Ben Simmons declared for the NBA draft this spring, he signed with LeBron James‘ Klutch Sports group for representation. That association would appear to have its advantages for the No. 1 overall pick, including the opportunity to work out with James and Dwyane Wade during the offseason. Wade posted a group photo on Instagram on Wednesday afternoon:
Also, it’s pretty staggering to see Simmons standing next to James and realizing that he’s bigger and taller.
Thanks to a match from an anonymous donor, beloved TNT sideline reporter Craig Sager was able to receive his third bone-marrow transplant since 2014 in an extended battle with leukemia. Sager’s son, Craig Sager II, shared a photo on Twitter on Wednesday afternoon of his father undergoing the transplant, appearing to be in good spirits as usual.
Our continued well wishes go out to Sager and his family in his recovery, and we hope to see him back on the sidelines this season.
Last season, the Sacramento Kings signed Seth Curry, brother of Stephen Curry. He left this summer for Dallas, and now the Kings are working out the brother of the other Splash Brother — Klay Thompson‘s brother Mychel — according to international basketball reporter David Pick.
Mychel Thompson’s only NBA experience is five games with the Cleveland Cavaliers in 2011-12. He spent some time in the D-League after that, and played in Italy during the 2015-16 season.