NBA ticket revenue slides 7.4 percent (UPDATE)
Posted on: December 9, 2009 9:37 pm
Edited on: December 9, 2009 11:23 pm
Average paid attendance is down 3.7 percent in the NBA through the first quarter of the regular season, sending gate receipts plummeting 7.4 percent, according to league documents obtained by CBSSports.com.
Net gate receipts, the money teams make from ticket sales, fell to an average of $828,985 per game, down from $894,823 at the same point last season. Only nine teams were up or flat in average net gate receipts through Nov. 29, while 21 teams saw a decline.
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The other teams suffering the most at the gate are the Sacramento Kings (average gate receipts down 36.2 percent), Minnesota
Timberwolves (down 24.4 percent), Phoenix
Suns (down 23.8 percent), Los Angeles
Clippers (down 23.3 percent), Milwaukee
Bucks (down 23.2 percent), and Golden State
Warriors (down 22.3 percent). Clearly, the Suns’ bottom line has not benefited from the team’s 15-7 start, nor have the Bucks been able to translate excitement over rookie point guard
Brandon Jennings into ticket revenue.
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