If they were making money it wouldn't have been shutdown.
I didn’t claim it was making money. Correct me if I’m wrong but the KINGS aren’t making money either. And several NBA franchises consistently lose money as well.
It’s been pretty well known that most owners aren’t relying upon their franchise to make them more money. Until the time comes that they sell. As a day-to-day and year-to-year business it isn’t a winner. With few and notable exceptions.
So claiming the Monarchs wouldn’t have shutdown otherwise is false.
They were shut down because the Magoofs weren’t wealthy enough to take the necessary hit to continue to own a luxury toy.
Furthermore, according to numerous sources, the WNBA loses money as a league. Yet they are in the midst of their 25th season this season. Because the NBA can withstand the financial hit and write it off.
So, again, the Monarchs didn’t fold because the SAC market was a failure. The owners weren’t rich enough to support it as numerous other WNBA owners are able to do despite also losing money.