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Thursday, December 4th, 2008 at 10:00 am  |  25 responses

This is Why They Can Afford to Pay a Guy $22 Mil to Do Nothing

The Knicks continue to have more money than God.

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  • DEIGHTON

    FIRST!

  • 王骁男

    cool.houston should be NO.1 because of YAO.lol.poor Bucks.

  • http://danchamb.com.br/Home/ Lz – Cphfinest3

    Maybe more than God, but not more than Stein Bagger, and he even stole his. Catch him if you can!

  • starbury&stevey

    they can buy the God too

  • http://www.hoopmixtape.com Simon S.Y Lawy

    houston suck, yao suck, t-mac suck,…don’t start it … chinese

  • Captain America

    New skull-tat for Marbury: Empty

  • riggs

    god will smite you.

  • http://idunkonthem.blogspot.com/ albie1kenobi

    so why can’t they pay the same amount of money to get rid of him? that’s the puzzling part. isn’t that freaking sunk cost?

  • ciolkstar

    I wonder what proportion of those numbers comes from merchandise? Don’t think Knicks also own MSG and a TV station though?

  • ciolkstar

    Yao and TMac do suck (now) and so does the traffic in H Town…but its a cool city.

  • http://www.slamonline.com Ryan Jones

    Is anyone sure that “value” equals “money in the bank”? Because I’m not exactly sure that’s the case…

  • http://hibachi20.blogspot.com Moose

    Jeez . . . . . . .

  • http://sjsu.edu davidR

    this analysis makes no sense, and the title of this post is misleading. since when did we start measuring a company’s profitability based on their “value?”

  • http://sjsu.edu davidR

    i’m not sure what that first number means

  • http://sjsu.edu davidR

    (the “value” of a team based on their arena deal NOT INCLUDING what they owe). you have to check their net income to see their “value”, or the income after all the taxes, interests, etc. if you wanna check how much money they have, check their financial statements.

  • http://sjsu.edu davidR

    gotdamn, had to post all of that in 3 different comments because i couldn’t figure out what was causing my comment not to post. it was the word D*BT, replace the * with an E

  • http://sjsu.edu davidR

    with all that said, it’s interesting to see that denver is most likely losing a ton of money based on their current arena deal, and the signs point to chicago making more money than new york (based on their arena deal).

  • http://www.hibachi20.blogspot.com Hursty

    Yeh have a look at the Boston stats. BANDWAGON supporters I tells ya! Go Houston!

  • http://hibachi20.blogspot.com Moose

    Hursty, how can you say that sh!t when one of your blogmates is a serious and sincere (not bandwagoner) fan of them? Come on, homie! ;)

  • Teddy-the-Bear

    @ Simon S.Y Lawy: You’re a f*cking retard. Don’t start it… Racist b!tch.

  • Teddy-the-Bear

    @ ciolkstar: Are you sh!tting me? Yao dominated Dwight Howard in their last match up. Oh but wait, lets listen to your idiotic @ss and assume Yao sucks now. NOT (Just in case you can’t comprehend sarcasm).

  • http://thesportsdiaryonline.blogspot.com Roy

    Damn….

  • chintao

    @ ciolkstar ==> I’m not sure if this is what you are asking, but the Knicks do not own MSG or the MSG Network. Cablevision owns those things. Cablevision also owns the Knicks, which might be causing the confusion here. Basically though, the money from MSG and MSG Network will not show for the Knicks on the chart that we’re all looking at.

  • chintao

    Also, these numbers don’t appear to deal with merchandizing. Does that go through the League, or something?

  • chintao

    Co-sign davidR @ Dec.4 at 5:15 pm. It looks like the Nugs might have to move to a new city soon.

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