NBA gate revenue down only slightly

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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.

Anthony Bennett moves around, dunks on Lakers’ Upshaw (VIDEO)

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If you believe there is a difference between being dunked on and being dunked around, this definitely falls in the latter category.

Still, it’s an impressive move by Toronto’s Anthony Bennett to make the move and dunk around Lakers’ big man Robert Upshaw during the Raptors’ 105-97 preseason win over the Lakers Thursday night.

Bennett only had four points, but Kyle Lowry had another impressive preseason outing with 25. He has looked sharp. Julius Randle had 17 for the Lakers on 7-of-10 shooting.

Report: Cavs sign Dionte Christmas

Dionte Christmas
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The Cavs are shorthanded in the backcourt right now, with Kyrie Irving still out and Iman Shumpert sidelined for up to three months. Yahoo’s Marc Spears reports that they’re bringing in former Temple guard Dionte Christmas, who played for the Suns in 2013-14:

In 31 games for the Suns two seasons ago, Christmas averaged 2.3 points and 1.2 rebounds in 6.4 minutes per game. He probably won’t get very many minutes if he makes the Cavs’ final roster, but there’s a chance they’ll keep him around on a non-guaranteed deal until Irving and Shumpert are healthy, just to have another body in the backcourt.