Thread: Seattle Ute
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Old 07-08-2008, 04:55 PM   #5
Spaz
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Quote:
Originally Posted by Mormon Red Death View Post
If per your assumption "NBA teams don't make any money" why doesnt any of them ever file for bankruptcy? In the past 25 years not one team has filed.
Meh. While sports franchises may lose money season to season, the real value is in the growth of equity. It's a long-term investment, and it almost always pays off.
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