
Originally Posted by
warfelg
It doesn’t make sense though. It can’t just be that they are able to afford to go into the tax, but they want to be profitable to go into the tax. It’s not profitable to be in the tax.
Warriors are also the only team in the league where they own the arena. There’s a bunch of teams where the owner is a subsidy of the teams owner (Nuggets, Blazers, Raptors, Jazz, Wizards). For those 6 teams it means they aren’t paying to the right to be in the building, rather they make money off ‘renting out’ the building for events. They also get the revenue for concessions that teams don’t get. That can all be used to help make a tax team profitable.