Rockets ranked as 4th most profitable by Forbes

It appears we are #7 for 2013..?

http://nba.si.com/2013/01/23/new-york-knicks-los-angeles-lakers-franchise-value-forbes/

First Post!

 

I'm surprised more so that the Detroit Pistons are right behind us.

 

wow. .

 

That is basically all due to the Rudy Gay contract right there.

 

Actually the list jumps to the least profitable after Houston.

 

that is a big jump off from top 3 to 4

 

Insert morey pic

 

This shouldn't be a surprise based on how Les has generally handled our salaries. A couple of years ago, the Rockets were willing to go way over the tax to get Bosh, and that was after Yao's career ending injury. The Rockets went over the tax when they traded for Jefferies. Les also authorized spending of $3mil on various 2nd round picks including Landry, Dorsey, Llul, Budinger, and Jermaine Taylor. In general, Les has always been willing to spend, as long as the penalties weren't punitive(Lakers/Knicks/Nets level tax penalties).

 

Not surprising. The team is in a very good market, both in terms of population size and corporate sponsor base and has a very good arena. Hard to to make money under these conditions.

 

not it doesn't, it jumps after detroit.

that's the valuation list, not the profitability one.

 

jesus, no wonder theyve been so desperate to get out of the luxury tax

 

.."Great job Les!"..
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More like... Thank you hakeem.... Then thank you clutchfans and then thank you yao.....

 

Thanks for the correction.

 

Thank you Ho Chen

 

Yes Sir!

 

Houston is a solid market, but they don't get much love from ESPN.

 

Im sure that the profitability number is about to slowly increase every year for the foreseeable future and the franchise value will to with increased attraction in the brand coming soon.