Good question! NBA is the world's highest level, most commercial, strongest earning ability, and most luxurious supporting facilities in the world. Only 7.5 of the 30 teams have their own stadiums (the number is explained later).
So, the first question is why most NBA teams have been renting stadiums?
The Los Angeles Staples Center , which is very familiar to fans, is the home arena shared by the Lakers and Clippers. Of course, this public is "rented."
Why do most teams choose "rent rather than buy"? The answer is: renting is cheaper and easier. Building an arena in a city is not a small project. You have to acquire land, build a stadium, maintain, and operate it. This is actually a matter of another professional field that is not related to basketball. needs other professional teams to operate it. NBA teams do not I’m not good at these, so it’s easier and more labor-saving to rent directly; In addition, renting an arena is more economical. Generally, the rent for a season is between 1 and 2 million US dollars, which is equivalent to the season salary of a basic salary employee of the team. Cost-effective.
The second question is, if the team has its own arena, is the arena just for playing the NBA?
First answer the topic of 7.5 basketball teams. At present, the NBA has its own ownership arena. The teams are the Nets, Wizards, Nuggets, Jazz, Trail Blazers, Pistons and Raptors. 0.5 is Bulls, the ownership is only 50%.
At present, the number of 7.5 is still climbing, and the Warriors, Clippers, Bucks and other teams are all preparing to build new arenas.
Let’s take Boss Cai’s Nets team as an example. Is our arena only used for basketball? The answer is of course no.The cost of basketball stadiums is often hundreds of millions of dollars 's heavy assets. Of course, must maximize its value. Therefore, the arena is comprehensively used. In addition to playing basketball games, it can also be used for ice hockey games, large-scale cultural and entertainment activities, etc. The basically has to make the venues not idle every day.
This is why many teams just rent venues! To rent an arena, you only need to pay when you need it, so save money!
The third question, do all 30 NBA teams make money?
The decision of NBA teams to rent/buy stadiums is actually the same as ordinary people rent/buy houses. Although there are a lot of economic calculations and considerations, those who can buy a house are definitely "wealthy."
The reason why the teams that buy stadiums account for a small number of clubs because there are not many clubs with rich wealth. Of course, bosses invest in NBA teams to make money. At present, about 65% of NBA teams can achieve revenue balance, and about 10 NBA teams are losing money.
In the case of operating losses, of course you have to save money. The arena is rented first.
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