The Los Angeles Lakers are one of the biggest brands in the NBA. Even when the team is losing, it is able make huge profit. According to Brian Windhorst of ESPN, the Lakers made a profit of $115.4 million in the 2016-2017 season.
This happened when the Purple and Gold were without legend Kobe Bryant and failed to make the playoffs (finished 14th in the Western Conference).
Meanwhile, the worst performing team in terms of profit was the Detroit Pistons. They lost $45 million while finishing 10th in the East.
“Well, the best takeaway was the have and have nots, so let me just give you an example. This was his 2016-2017 season. The Lakers, after you. No, this is, um this is their net income, you know, does include the taxes that they would have to pay to the government or whatever their net income. And that was the year they did not make the playoffs was $163 million. They had to give 49 million of that to their partners in revenue sharing, And they they took home $115.4 million profit for that year. At the other end of the spectrum, the Detroit Pistons lost 63 million that year. Mmm. And, ah, they got 17 million from their partner. So their overall losses 45 million.”
Brian Windhorst
