Quote:
Originally Posted by PeteMoss
Bettman has done a poor job compared to basically any other sports commissioner during his tenure outside of MLB.
In 1996 - the San Antonio Spurs were sold for $76 million. In 1999 - the Washington Capitals were sold for $85 million. Relatively close values.
The most recent purchases - NBA - Utah Jazz $1.7 billion. Pittsburgh Penguins ~$900 million.
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NBA revenues in 1993: ~$1B
NHL revenues in 1993: ~$400M
NBA revenues in 2018-19: $8.8B
NHL revenues in 2018-19: $5.1B
NBA YoY growth: ~8.4%
NHL YoY growth: ~9.9%