Lakers' net profit $115.4 million in 2016-17, Pistons lost $63 million: Report

NBA 2019-20 season remains suspended due to ongoing coronavirus pandemic across United States. A recent report claimed to have a copy of leaked NBA financial report from 2016-17 season. Lakers and Pistons' NBA financial reports have emerged, and numbers make for interesting reading. 

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Leaked NBA financial report

Lakers profited $115.4 million in 2016-17, Pistons lost $63 million

In a leaked NBA financial report from 2016-17 season, Fadeaway World's Brian Windhorst revealed that Lakers made a whopping $115 million while Pistons suffered a $63 million loss. Windhorst states, “I haven’t really revealed a lot of this because I was trying to be responsible with this information. Um, but this was for this 2016-17 season, so we’re a little bit were outdated here, but I want to kind of give you an idea of what NBA financials are. lead was t happy that I got this, and, uh, I’m sure y’ve taken measures. I haven’t tried to get a sense. I’m sure y’ve taken measures to prevent it from happening again. But I basically got balance sheets of all teams, and I was able to tell who was doing what. And, um, it was a kind of a fascinating look.”

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leaked NBA financial report furr added, “ best takeaway was have and have ts, so let me just give you an example. This was his 2016-17 season. ir net income, you kw, does include taxes that y would have to pay to government or whatever ir net income. And that was year y did t make playoffs was $163 million. y had to give $49 million of that to ir partners in revenue sharing, And y took home $115.4 million profit for that year. At or end of spectrum, Detroit Pistons lost 63$ million that year.”

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