One more thing ownership sources have pointed out over …
One more thing ownership sources have pointed out over the past week is the expected $500 million to 600 million expansion fee windfall each team is projected to receive. One team ESPN spoke to is working off a number of $533 million, for example. Forget about that actual number but understand how closely this is being monitored and budgeted. Teams have been making plans for this money for a while, whether it’s to pay for their rosters, to upgrade their arenas or to pay down debt. A no on Seattle expansion means hundreds of millions less.
This article originally appeared on Hoops Hype: One more thing ownership sources have pointed out over …
Source: sports.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.