Understand that, but the owners are still getting around $350-$400M per season to run the other parts of the franchise which is still more than the salary cap.
Does it really cost more to pay all the staff, maintenance etc than all the players?
Also, Ross is currently sitting on about $7 billion profit if he sells the franchise. He’s not doing too badly, is he?
As someone else said, with private equity getting involved I think this will end up with a player strike at some point as PE is only concerned with profit and nothing else. Currently witnessing how PE works with the company I work for, my team used to be made up of 9 European software developers, couple of years of PE ownership and it’s now 5 European and 4 Indian. Some teams are now 0 Europeans and all Indian. Years and years of business logic lost but wages down and profit margin is up so all is good.