Are the Nets rich?
What are the revenues of the Bucks
The Nets' wealth is inextricably linked to the city of New York. As the nation's largest city, New York has two NBA teams, in addition to the historic Knicks, the other is the Nets, before the Nets had been in New York, New Jersey City, but after they moved to Brooklyn, although not as prosperous as Manhattan, but after all, it is still in New York, with a solid foundation of the masses, so this also allows them to guarantee the market value.
When Tsai Chongxin spent a huge amount of money (2.35 billion) to buy the Nets from a Russian tycoon, and in his just joined the team, he introduced Irving, Durant, the two superstars for the team, with superstars joining, the Nets naturally not bad attention, with the traffic, the related commercial income naturally comes rolling in.
The reason why the market value of the basketball network can be in the NBA so far ahead of a major reason, or because they are located in New York in such a prime location, inch of gold in New York, fans spend money to buy tickets to enter the arena to see the game, which has become one of Tsai Chongxin's most important fixed assets, when the Knicks in the bottom of the performance of the case, the attendance rate of the arena is the league's forefront, not to mention that the basketball network in the previous have Durant, Irving, the two "flow bear", the attendance rate will not be worse. In addition, because Tsai Chongxin's Chinese identity, so that the Bucks have a huge Chinese market, there is such a unique advantage, the Bucks are naturally not bad money.
And in previous seasons, when Motorola and the Bucks signed a jersey sponsorship contract, rumor has it that the signing of the Motorola will pay the Bucks 8-10 million dollars a year, with the entry of the sponsor, the franchise is not a huge amount of ticket revenue, as well as all kinds of commercial profits, it is no wonder that the Bucks will be so rich.
That's all.
Why are the Nets so rich?
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