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Nets Finances Give Clue to Economics' Effect

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Because they're part of a publicly traded company, the Nets are one of a few pro teams whose finances are publicly available. So, they're an indicator of how the economy is affecting sports. Sports Business Journal reports Net revenue dropped by 8 percent in the year ending Jan. 31. They've also cut long-term costs. Commitments to executives, coaches and players went from $190.5 million to $168 million.