In a report early on Tuesday, ESPN’s Brian Windhorst and Zach Lowe revealed details from a confidential report painting a bleak picture of the NBA’s financial outlook. According to the report, 14 teams lost money last year, and after factoring in revenue sharing nine teams remained in the red. Among these ranks were the Detroit Pistons, who came in dead last in money lost at a staggering $63.2 million.
After revenue sharing is factored in, the Pistons still lost $45 million, with the Brooklyn Nets close behind at just over $44 million. As is detailed in the piece, however, it’s clear that some revenue is not included.