I thought we wanted Joe to dip into the luxury tax to build a superteam.

He may be an old scrooge, but I have never seen the evidence of that. Does he reveal his personality at all?

You don't own an WNBA team to make money, do you?

Yeah, I'm with you. The cost of paying the lux tax is much bigger than the number on the actual bill. If you throw money around, it becomes harder and harder to keep the team profitable.

It's a fantastic asset to own. There are only "X" professional sports teams to buy.

Combine that with the fact that PS&E owns the Palace, now they have summertime tenants, which help generate those lucrative concession sales.

It's likely that not everyone with a WNBA team is making money, but I am pretty darn confident that Bill Davidson is.

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Momma was queen of the mambo, Poppa was king of the congo, deep down in the jungle, I start banging my first bongo
Every monkey like to be, in my place instead of me, cause I'm the king of bongo baby, I'm the king of bongo bong
-Manu Chao

Here is a good article concerning this. It looks like it is pretty cheap to run a team. Also, when you look at the profitability, you have to look at how much rent is being charged.

HoopsHype - Columns - Should the WNBA survive?

The WNBA just lost a franchise last year when the owner of the Charlotte Sting disbanded the team.

Usually when a league de-expands its not a good sign.

I am not sure if any teams are making a profit or not. But with a team salary cap of 720k its less than what an NBA team would pay for a scrub to ride the pine for a season.

When you think about it like that its not a bad PR move for the money. Even if the Shock did not make a dime it still would have costed Davidson less money than what he owes Flip Murry next season.

One more on the WNBA. I will tell you why I think it will survive.

Right now its mainly a family orientated event and they even market it that way. Its a very inexpensive way for someone to take their kids to a sporting event without having to worry about drunken fans or vulgor language. Its totally different than a Pistons game. Everyone gets along, no one swears at the players or gets too rowdy.

In creating this family atmosphere they are also exposing the next generation of the ticket buying public to WNBA games.

Hmmmm

Reminds me of a website I visit sometimes...

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Momma was queen of the mambo, Poppa was king of the congo, deep down in the jungle, I start banging my first bongo
Every monkey like to be, in my place instead of me, cause I'm the king of bongo baby, I'm the king of bongo bong
-Manu Chao

That is if you ignore Laimbs.

detnews?

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