According to journalists Brian Lewis and Josh Kosman, although the Nets have set record attendance, ticket revenue and sponsorship this season, the Nets and Barclays Center lost a total of $50 million to $100 million in the 2021-22 season. People familiar with the matter said that this may be the team with the worst financial loss in the NBA league.
Nets owner Tsai Chongxin paid a $100 million luxury tax this season, ranking second in the league after the Warriors, and the Nets were swept through the first round of the playoffs! The Warriors averaged $4.2 million in regular season tickets this season, topping the league and twice as much as the Nets ($2.1 million). The Knicks average $3 million...
Salary expert Yossi Gozlan reports that Irving has a $36.9 million player option next season, and he is likely to refuse to carry it out. This summer, Irving could jump out of his old contract and sign a four-year, $191.3 million new contract with the Nets. If he joins another team, Irving can sign up to $183.6 million for 4 years.
If Irving chooses to enforce the player option, the Nets will receive a guaranteed salary of $156.6 million next season and a luxury tax line of $147 million. That is to say, the Nets will no longer sign people in the offseason, and Boss Cai will also have to pay a luxury tax next season...