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So if the Knicks got #1, did Forbes deduct the harrasment suit filed against Isiah Thomas? Or does that not apply to standard team financing?
i think there is a lot of merit in the report; at least as of a year ago. while it hasn't been substantiated by the nba or the teams, Forbes is pretty well regarded for its accuracy.
"more than a year ago"? The data should reflect the salary cap year for 2009-10, which concluded on June 30, 2010.You're correct, though, that the team has more than re-invested in player salary with the extensions/contracts you mention. The evaluation now is whether or not that money was spent wisely.
Mark Cuban, whose team was listed as the sixth-most valuable by Forbes, had even harsher words for the Forbes evaluation:“It’s worthless, it’s meaningless and worthless. You can quote me on that.’’Read more: http://www.star-telegram.com/2011/01/27/2803445/mark-cuban-has-no-use-for-forbes.html#ixzz1CXpau3gq
Great blog GO BLAZERS !!!!!!!!!!!
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