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San Antonio Spurs reportedly lost money in 2016-17 NBA season

Zach Lowe and Brian Windhorst of ESPN reported something on Tuesday that concerns small-market teams like the San Antonio Spurs. 14 NBA teams lost money in the 2016-17 season before revenue-payments, while nine still lost money after this was factored in. The Spurs were among those that finished in the red.

It was noted the rising salary cap caused struggles for small-market teams. Those organizations want the ones that profit more to share more of their revenue. The Memphis Grizzlies were one of the hardest-hit teams, as they lost $40 million. As a result, the organization received $32 million in revenue share.