Sports Business Journal reports Monday that it’s unclear how much revenue the NBA will bring in from jersey ads — which it describes as “smaller than a standard Post-it note” — but Brett Yormark believes the Nets could rake in between $4 million and $6 million a year from what he calls “naming rights for your team.”
Teams will keep 50 percent of the revenue generated by their individual patch sales, with the remaining 50 percent being shared equally among the league’s 30 teams. The Knicks could get as much as $10 million, SBJ predicts.
July 2, 2022 | 3:54 am EDT Update
The Jazz, league sources say, are not amenable to trading Mitchell. They want to build around their star, and they want to do so on the fly. The obvious caveat: If Ainge and Zanik receive an offer from a team that approaches the scale of the Gobert trade, it will be hard to not listen. But, for now, the plan is for Mitchell to be with the Jazz heading into next season.
Also, there are reports that no one on the Nets is safe, that Marks and Tsai willing to do a complete rebuild if necessary. Durant’s deal will likely take place first since Brooklyn will have multiple offers to sift through for him. “I think Kyrie is going to have wait this out because we’re not going to really know what the Nets are going to want to trade him for until we see what Kevin Durant gets traded for,” said ESPN’s Windhorst.
At the same time, the sources say, the Jazz saw Gobert’s super-max contract as a hindrance. Utah’s current core reached its peak as a second-round playoff team, and Ainge thought it needed to move Gobert to break free from that. Other teams were interested, and other packages were available. Once Minnesota’s offer swelled to four firsts, a pick swap, plus Kessler, whom the Timberwolves drafted at No. 22 in the first round of the 2022 draft, the Jazz believed it was time to move, McDaniels or no McDaniels.
July 2, 2022 | 12:32 am EDT Update
The LAPD posted on Twitter that Bridges was arrested for “intimate partner violence with injury,” a felony, on Wednesday following an incident two days earlier in West Los Angeles, and he was booked on a felony domestic violence warrant. He was released on $130,000 bond and has a July 20 court date. The LAPD said it does not release police reports on domestic violence arrests.