• dr_doomscroller@lemmy.world
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    1 year ago

    Would that be genuinelly losing $30M a year or would it be only “losing” it in accounting terms

    this was my instant thought on the headline. what business that is truly losing $30,000,000 every year is going to stay open?

          • ragnar_ok@discuss.tchncs.de
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            1 year ago

            Did you skip my comment completely? WNBA is a part of the NBA. They’re not operating at a loss, they are a cost incurred by the NBA in order to promote basketball to a female viewership.

            It’s like saying a marketing team operates at a loss because ads cost a company money. It’s just the wrong way to look at it. Usually the people who are adamant on phrasing it such are misogynists, which I really hope you aren’t, and you can understand what I’m saying

            • techgearwhips@lemmy.world
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              1 year ago

              The WNBA is not part of the NBA. They have had their own set of owners since 2002. They operate at a loss every year and the NBA covers it as their sister league. Throwing out buzzwords like "misogynist’ is based on feelings. What I am telling you is a fact.

              • ragnar_ok@discuss.tchncs.de
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                1 year ago

                The NBA owns the WNBA de jure: the trademarks, all the intellectual property. The WNBA Enterprises LLC is owned by the NBA.

                The NBA doesn’t own the WNBA teams though - although a handful of them belongs to NBA owners. So basically the WNBA teams participate in a league they don’t own.

                The W.N.B.A. is currently owned half by the 30 N.B.A. teams, and half by the 12 W.N.B.A. teams.

                https://www.nytimes.com/2022/02/03/sports/basketball/wnba-capital-raise-investors.html

                The NBA website literally mentions the WNBA in the “Our Leagues” page:

                The National Basketball Association (NBA) is a global sports and media organization built around five professional sports leagues: the NBA, WNBA, NBA G League, NBA 2K League and Basketball Africa League

                https://careers.nba.com/our-leagues/

                That being said, “misogynist is a buzzword” is a hilarious thing to say. I can tell what type of person you are already, and blocking you will not deprive me of literally anything of value.