Results 1 to 4 of 4
Thread: Miller Family Selling Utah Jazz
-
10-28-2020, 09:19 AM #1
Miller Family Selling Utah Jazz
Miller family to sell majority interest in Utah Jazz to Qualtrics CEO Ryan Smith
https://www.ksl.com/article/50039105...ceo-ryan-smith
-
10-28-2020 09:19 AM # ADS
-
10-28-2020, 11:11 AM #2
So much for "community ownership". That was short lived.
Life is Good
-
11-09-2020, 06:59 PM #3
As this pandemic continues to linger on, and no crowds in the stands, I am really wondering how much political pull the professional and collegiate sports teams have on changing government policy on returning fans to the stands. How much longer can these franchises and university sports programs continue to function without the revenue from packed houses? On the same note, how much longer can municipalities pay bonds on their $B public funded stadiums without tax revenue from packed hotels, transportation, restaurants, hospitality, etc.? They can't continue to limp along withouth those revenue streams returning. Something has got to give soon, or else these franchises are going to have to either insist on returning fans to the stands, or start filing for bankruptcy. You can't tell me that the NBA can go another empty stadium season and still function, without drastically dropping the players salaries.
When the Millers see the writing on the wall wall and decide to get out now as long as someone else is willing to fork over the cash and bet on fans returning for next season?I learn from the mistakes of people who took my advice.
Preferred Pronoun: Lambda-Gamma-Beta.
Proud member of the LGBFJB community.
-
Post Thanks / Like - 1 Likesoldno7 liked this post
-
11-09-2020, 07:59 PM #4
So long as the pro teams have the massive TV contracts they don't need butts in the seats.
The NBA's contract is currently $2.7 billion a year good through 2025. That's a little over $84 million a year per team.
Salary caps are also tied to team revenues so they will be able to pay the players less.
Similar Threads
-
Utah Jazz 2018-19
By accadacca in forum The Sports JunkieReplies: 53Last Post: 08-14-2019, 10:57 PM -
Jazz Bear fired by Utah Jazz after 24 years
By accadacca in forum The Sports JunkieReplies: 1Last Post: 10-25-2018, 10:37 AM -
For Utah Family, Guns Are a Revered Family Tradition
By accadacca in forum General DiscussionReplies: 5Last Post: 12-22-2012, 04:44 PM -
[News] Congressman suggests selling Utah!
By BruteForce in forum General DiscussionReplies: 5Last Post: 05-21-2011, 07:52 PM -
The Utah Bulls or Chicago Jazz
By accadacca in forum The Sports JunkieReplies: 4Last Post: 07-26-2010, 02:22 PM
Visitors found this page by searching for:
Outdoor Forum