A growth industry, sort of

Forbes reports that the Oklahoma City Thunder franchise is worth $300 million, 24th in the NBA, up 12 percent from last year.

It’s obviously too early to tell whether generally higher attendance here in the Big Breezy will be enough to offset the $9.4 million the team lost last season in Seattle; revenues last year were $82 million, lowest in the league. (Still, the decidedly-wealthier teams in Dallas and Denver lost more, due largely to higher payroll costs: both the Mavs and the Nuggets got hit with the luxury tax two years running.)

And the $300-million valuation remains short of what Clay Bennett and friends paid for the franchise, not including various payments to escape the Pacific Northwest. A money machine this isn’t — yet.





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