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Cavs Financials: Forbes

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Cavs Financials: Forbes

Unread postby peeker643 » Thu Jan 26, 2012 4:15 pm

Interesting. Also be wondering if the novelty of Kyrie and TT keep the ratings where they are. Seriously be stunned if they don't fall significantly. I also (and I'm being serious) can't watch them with Austin Carr doing the "analysis" which increasingly features him squealing "throws the hammer down" in a more and more creepy tone.



In a recent report put together by Forbes which discussed the current state and value of NBA franchises as well as the successful television ratings which continue to go hand-in-hand with star-centric sporting events, we find that the Cleveland Cavaliers turned their biggest profit in the history of the franchise during the season which LeBron James was no longer a fixture within Quicken Loans Arena.

Per Forbes’ Kurt Badenhausen, despite falling victim to a professional sport record 26-game losing streak, Dan Gilbert’s Cavaliers earned $33 million in operating income, good enough for third best in the NBA. This figure is largely attributed to a $30 million payroll cut (James as well as Shaquille O’Neal and Zydrunas Ilgauskas were no longer on the team’s roster) and no luxury tax, which cost the Wine and Gold $16 million one season earlier.

Unfortunately, this one-year success, spurred largely by fans re-upping their season tickets prior to The Decision, does not bode well for overall franchise value as the Cavaliers’ value is down 7% to $326 million after a 26% drop last year. Current attendance totals are down 4,000 fans per game to 16,149, which presently ranks 17th in the league.

On the positive side, if television ratings can be used as a forecast for future interest, The Cavaliers rank fifth among NBA teams in ratings within their local markets (5.84), trailing only San Antonio (8.27), Miami (7.59), Chicago (6.80) and Oklahoma City (5.88) thanks to excitement surrounding Rookie of the Year hopeful Kyrie Irving and the fourth-overall selection Tristan Thompson.
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Re: Cavs Financials: Forbes

Unread postby Orenthal » Thu Jan 26, 2012 4:17 pm

+Fred is a bit awkward in how he goads and dismisses Carr.

Hurumph.
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Re: Cavs Financials: Forbes

Unread postby leadpipe » Thu Jan 26, 2012 5:36 pm

Christ, you can't listen to them on the radio either - unless you wanna here two hours of Jim Chones bitching about ref calls. There are times the guy can go a whole quarter without one bit of analysis aside from explaining how the refs are f'ing the Cavs over, and the Cavs never committ a single violation.

This is no different than years past, so, nice hire.
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Re: Cavs Financials: Forbes

Unread postby Orenthal » Thu Jan 26, 2012 11:30 pm

Be more then willing to overlook these hacks if the product resembled basketball. This is hardly an indictment of the Cavalier, as I said before just a brief view around the league would display some God awful basketball and the lockout is only partially to blame. So many undeveloped individual games.

Carr may be a total doofus and homer, but there are times I can't help but agreeing when he gets on some guys. Especially on the defensive end when a guy only has one go to move or an obvious strong side. Carr calls the moves b4 they happen and is just stunned that guy can still just blow by going to his strong side.
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Re: Cavs Financials: Forbes

Unread postby Cease » Thu Jan 26, 2012 11:54 pm

Pipe, with you on the Chones note. He also constantly chides the young Cavalier team their bad habits and small miscues. I figure that'll wear down by the end of the year. He ain't wrong about it, it's just that WE GET IT.

Don't mind the new PBP dude (John Michael), haven't heard enough of him in varying game environments/excitement yet. Better than Snyder, fo sho.
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Re: Cavs Financials: Forbes

Unread postby e0y2e3 » Fri Jan 27, 2012 12:52 am

Dan Gilbert just wants to spend money to win, doesn't care about making money from the Cavs though!!!!!!!!!!!!
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Re: Cavs Financials: Forbes

Unread postby pup » Fri Jan 27, 2012 11:20 am

e0y2e3 wrote:Dan Gilbert just wants to spend money to win, doesn't care about making money from the Cavs though!!!!!!!!!!!!


Anybody tell you to fuck off recently?
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Re: Cavs Financials: Forbes

Unread postby peeker643 » Fri Jan 27, 2012 11:25 am

pup wrote:
e0y2e3 wrote:Dan Gilbert just wants to spend money to win, doesn't care about making money from the Cavs though!!!!!!!!!!!!


Anybody tell you to fuck off recently?


It's the reading comprehension thing again.

Tickets already being purchased, huge money off the books, you know, all of that.

No mention of the devaluation of the team, no mention of $25m for a guy who played 10 games in order to get the pick and let him develop.

Meh... not worth the time again.

Let's just understand it's his white whale and we can move. ;-) ;) :wink:
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Re: Cavs Financials: Forbes

Unread postby pup » Fri Jan 27, 2012 11:27 am

peeker643 wrote:
pup wrote:
e0y2e3 wrote:Dan Gilbert just wants to spend money to win, doesn't care about making money from the Cavs though!!!!!!!!!!!!


Anybody tell you to fuck off recently?


It's the reading comprehension thing again.

Tickets already being purchased, huge money off the books, you know, all of that.

No mention of the devaluation of the team, no mention of $25m for a guy who played 10 games in order to get the pick and let him develop.

Meh... not worth the time again.


But, but, but...he is worth more now than when he bought the team and is building a casino to get rich of our stupid, unedumacated northeast ohio asses. Kill. Kill.
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Re: Cavs Financials: Forbes

Unread postby e0y2e3 » Fri Jan 27, 2012 12:22 pm

Surely a well notioned owner he cared first and foremost about his product and not his bottom line wouldn't have forced fans to sign up for season tickets months before their star ran away!!!

And he'd never have the benefit of one of the cushier local TV contracts in the country to fall back on!!!

It's about winning!!!!!
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Re: Cavs Financials: Forbes

Unread postby peeker643 » Fri Jan 27, 2012 12:43 pm

e0y2e3 wrote:Surely a well notioned owner he cared first and foremost about his product and not his bottom line wouldn't have forced fans to sign up for season tickets months before their star ran away!!!

And he'd never have the benefit of one of the cushier local TV contracts in the country to fall back on!!!

It's about winning!!!!!


Dude, you're coming off as tool. You realize most, if not all, teams have their season ticket deadlines before the 2nd week of July, right?

You realize Browns and Tribe season ticket renewals and deposit are due long before either the NFL draft and long before rosters are set.

You realize, again, that he spent all he could when he had a chance to win? Not talking smartly, but he spent.

You realize, if you have iPhone or an iPad or some other product you can't live without that it's possible to put out a tremendous product that people want and STILL actually make money from it?

Keep stepping on your dick with every word. You have zero objectivity where it concerns the guy.

We get it. He's the one-armed killer of your wife and the only guy out there operating at a profit. But not because he put a great product out there for years, rather, because he's only about making money and fucking over this city and it's people with what was a superior product and a shitload of jobs.

So you're either full of shit or fully engaged in Troll-mode.
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Re: Cavs Financials: Forbes

Unread postby e0y2e3 » Fri Jan 27, 2012 12:46 pm

(I'm purely fucking with you at this point to see how ridiculous you can react to what is clearly sarcasm, I maintain 100% he is not a spend to win but a spend if I have extra money to win or if it will make me money guy, you think he is black geezes, but whatever)
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Re: Cavs Financials: Forbes

Unread postby LakeErieWarriors » Fri Jan 27, 2012 12:51 pm

Seems like a pretty encouraging article to me. Though most of the people filling the Q last year were people who planned ahead to see LeBron, this year, it seems as if a lot of the fans have remained loyal to the team in this post-LeBron era. Everybody loves Kyrie and if they can start losing some more games, the Cavs could get a ping-pong ball that if played right could establish a solid core on this team. IMO, things are looking up.

As far as FSOH & Carr, I think to the casual fan, his schtick will be tolerated for some time because it is viewed as funny/unique. Honestly, I watch every game, and when the Cavs got me pissed, he can still make me crack a smile with his ramblings and incomprehensible banter (make me feel smart AC). For some reason, the guy really does care about the Cavs, and you can't hate him for that.
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Re: Cavs Financials: Forbes

Unread postby peeker643 » Fri Jan 27, 2012 12:57 pm

e0y2e3 wrote:(I'm purely fucking with you at this point to see how ridiculous you can react to what is clearly sarcasm, I maintain 100% he is not a spend to win but a spend if I have extra money to win or if it will make me money guy, you think he is black geezes, but whatever)


And there it is....

The cherry on top of the polarization process.

Your PoV is rational and based on analysis (or patently false and based on hate) while I actually have a FatHead of the FatHead, INC owner on my wall and am a Dan Gilbert fanbois.

We shoulda just started the thread this way and not wasted any more time. ;-) ;) :wink:

And, yes, I'm the one being ridiculous. Out of control angry and defensive as I sit here turning red with rage and pounding the desk while cursing your name. Your real name. Because screaming out "E0Y2E3!!!!!! Damn You!!!!!" just makes me look psychotic while I'm working and it's hard to say.
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Re: Cavs Financials: Forbes

Unread postby Orenthal » Fri Jan 27, 2012 9:42 pm

16,000ish fans on average...

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