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As Revenues Fall, Nets' Front Office Shrinks

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In addition to the ten staffers laid off two weeks ago, ten other front office positions haven't been filled, reports Sports Business Journal. That brings team staff down to 120, a 15% drop from a high of 140 in late 2007. Team revenue has dropped from $100 million to $92.4 million this year and the Nets are among 16 NBA teams that rolled over loans from a $2 billion credit pool aimed at shoring up operations.