wow, the NBA's press release refutes major points from the NY Times and article and Forbes analysis.
"Forbes does not have the financial data for our teams and the magazine's estimates do not reflect reality."
"he Knicks, Bulls and Lakers combined net income for 2009-10 does not cover the losses of the 23 unprofitable teams. Our net loss for that year, including the gains from the seven profitable teams, was -$340 million."
Interesting article, almost written like a blog post. Seems the NBA was not happy with the Times article.