tag:blogger.com,1999:blog-20743459.post8549085154734709987..comments2024-03-28T05:19:17.215-04:00Comments on Atlantic Yards/Pacific Park Report: ESPN's Simmons on NBA contraction: "Welcome to the No Benjamins Association"Norman Oderhttp://www.blogger.com/profile/07618087999719667586noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-20743459.post-13072463136336322412009-03-01T08:25:00.000-05:002009-03-01T08:25:00.000-05:00Simmons misses a big point: If luxury suites and a...Simmons misses a big point: If luxury suites and ad signage are selling like crap, the marginal value of a new arena goes way down. So while tons of teams are losing money, yes, there's less reason to believe that moving to, say, Tulsa (?!?) will help their bottom line much, no many how luxurious the place is.<BR/><BR/>If I had to bet, I'd say more likely is that teams start looking for bailouts from their current landlords, as the Pacers are already doing. (Despite the fact that they already pay no rent and keep all arena revenues.)Neil deMausehttps://www.blogger.com/profile/11445574662279996160noreply@blogger.com