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NBA disputes report questioning losses

Updated: July 6, 2011, 11:15 AM ET
ESPN.com news services

NEW YORK -- The NBA is disputing a report questioning its financial losses, saying the estimates used as the basis of the article "do not reflect reality."

A New York Times blog post Tuesday titled "Calling Foul on NBA's Claims of Financial Distress" called the league "fundamentally a healthy and profitable business" with an estimated operating income of $183 million in 2009-10, making a 5 to 7 percent profit during the life of the collective bargaining agreement that expired last week.

The ...

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