The Milwaukee Bucks borrowed 55 million from the NBA

This is what is wrong with the NBA currently. There are way too many teams not making any money. It is why this sport needs a hard salary cap, and why NBA Commish David Stern should have never allowed the big three to assemble first in Boston and most recently in Miami. The Milwaukee Bucks have borrowed around 55 million dollars to keep themselves afloat. This is not a team doing the wrong things, or just getting by, but a team that is trying to win and has paid out some big money contracts. Of course, their market is not a great one, and they barely missed the playoffs in the 2010-11 NBA season.

It does not really matter to me that United States Senator Herb Kohl owns them, because as I said they are trying to do things the right way, and being a Senator is just his day job. The Bucks ranked 23rd in NBA attendance last year and sold nearly 84% of their ticket inventory. Therefore, they still have some room to grow their market if they can convince their fans they are a legit contender. Making the NBA playoffs would also boost their revenues. I do not think that the Milwaukee market is tapped out basketball wise, but they are darn close to that.

If a team, going about its business in the proper fashion, is having this hard of a time turning a profit that is bad. Sure, the NBA has a fund for these kinds of things but let us not forget that they are operating the New Orleans Hornets out of their own pocket and a new owner must be found there. For me it is a clear sign that NBA contraction needs to be addressed and some teams to go away to make the remaining team that much stronger.