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Forbes: Nets Cut Losses, but Lead NBA in Debt

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In its annual report on the business of the NBA, Forbes Magazine reports the Nets' operating loss dropped to a little more than $1 million this year. But the team has more than $200 million in debt or about 62% of the team's $338 million value, 1st in the league. The team ranks 20th in revenue, 17th in value.