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ESPN Report: Orlando Magic among teams that lost money in 2017

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The NBA is awash in cash right now.

The league is seeing a surge in popularity that has made it central to the mobile world of younger viewers. It signed a massive new TV deal that sent salaries skyrocketing around the league to account for all the new revenue. The league is stable with 30 teams in new arenas or set to move into new arenas. And the talent in the league is as good as it has been for some time, no matter what older generation players say.

There is hardly anything anyone could complain about, it would seem when it comes to the NBA’s business.