Orlando Magic to borrow $10 million f...

Orlando Magic to borrow $10 million from NBA to offset operatin...

There are 5 comments on the Orlando Sentinel story from Feb 17, 2009, titled Orlando Magic to borrow $10 million from NBA to offset operatin.... In it, Orlando Sentinel reports that:

The Orlando Magic plan to borrow about $10 million from the NBA to largely offset operating losses incurred by the franchise, helping to bridge its move into a new arena in 2010.

Join the discussion below, or Read more at Orlando Sentinel.


Casselberry, FL

#1 Feb 18, 2009
Alex Martin's lies will have a devastating effect on the citizens of Orlando and Orange County and he is going to have to live with the consequences of those lies.

Casselberry, FL

#2 Feb 18, 2009
Never forget that the only reason Alex Martin changed the name from Basketball Arena to "Event Center" was because I raised the issue of a retractable-roof stadium being a superior solution/idea.

Casselberry, FL

#3 Feb 18, 2009
Hey neighb:
Alex is a financial wizard like the liars on Wall Street who got this country into this financial mess.

Orlando, FL

#4 Feb 18, 2009
Fun talking to yourself? Nobody cares that you want a retractable roof and your delusions about your role in the matter are quite humerous.

Honolulu, HI

#5 Feb 21, 2009
The bigger issue is player/management salaries. Let's face it, if players salaries were in line with reality, top stars would be getting at best $3-5 million a year. The Magic wouldn't be having "operating losses" if this were the case. But again, the NBA operates in a fantasy world where normal accounting rules don't exist.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Tyson Chandler Discussions

Title Updated Last By Comments
News Could New York Knicks Swing Trade for Chicago B... (May '14) May '14 No heart in newyork 38
News Could the New York Knicks Acquire Rajon Rondo f... (Jun '13) Aug '13 Mike 11
News New York Knicks Express Interest in Samuel Dale... (Jul '13) Jul '13 greg 1
News New York Knicks' Carmelo Anthony Expected Team ... (Jul '13) Jul '13 Henry 1
News Making the Call on NY Knicks' 5 Toughest Offsea... (Jun '13) Jun '13 mark 2
News Nothin' but Net: Once-solid Knicks, Clippers sh... (Mar '13) Mar '13 Ginobili 1
News Knicks rally without Melo, beat Cavaliers 102-97 (Mar '13) Mar '13 Ginobili 5
More from around the web