FanPost

How will new salary commitments impact Nets profitability?

With the new salary commitments for next year at $100M in salary and $80M in luxury taxes, how do the Nets expect to be profitable? I understand the original Prokhorov investment was $200M and now it's valued at $500M-$700M, but do they really expect to be operating at a loss now? Especially considering that the NETS made about $20M-$30M in profits last year after their move to Brooklyn. Interested in your thoughts...




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