Current Video:Horrow: NBA biz on the move|
Rick Horrow has the latest basketball business news.
Automatically Generated Transcript (may not be 100% accurate)
On fox sports news analyst -- are talking -- NBA the all star game is just a bit away in good news the average NBA franchise is worse. Billion dollars or 30% increase over last -- valuations. According to an annual study done by Ford. The increase. Is is attributed to a new labor deal about hired national TV revenues. And obviously new and improved Arenas. It was a good time to be NBA owners a new labor deal lowered the place I billion dollar revenue -- nearly every team is playing in an arena less than twenty years old. It even better time to be James Dolan by the way as well Jerry Buss -- nicks and Lakers teams are worth more than a billion. Dollar's slight negative may be the problem of the NBA players association -- hotter spots Stanley members with union jobs after report charged him with nepotism. And violating NB PA bylaws. In addition sadly members under proposed a series of reforms. That he attempts to keep his job the bottom line if you're an owner. This year with an NBA franchise. -- never been better for fox sports I'm Rick Horrow.