These clubs are privately owned unlike AFL clubs so its on the owners to tip in as they are "for -profit" ventures.

How are AFL clubs owned exactly? I've never understood.

it's funny to think how much of what we consume and watch and
is built on a house of cards

The are still for profit businesses unlike AFL clubs so if they did turn a profit it goes to the owners pockets...because they aren't making money doesn't mean they are looked at differently.

Its tough times and any business can fold be it profit or non profit.

At least with the AFL clubs they are member owned (AGM people vote etc) and by virtue so is the league itself.

The NBL clubs that are private entities as is the league itself are private businesses so yes you can choose to support them or not but if they survive you get no say in the running of the club as its a private business.

Do i think the NBL survives, No not in its present form as many have pointed out they don't make money and you'd think they'll make even less next season if they have one.

I wouldn't be shocked if we are looking at an NBL that resembles an NBL1 on steroids as opposed to whats been on offer in recent years.

Kings would've made money this year, like Smith or not he’s a smart businessman. They good crowds and good sponsorships. Merchandise was selling well as well.

Just wait until they announce they will only have 2 imports per team next year.

"Kings would've made money this year, like Smith or not he's a smart businessman. They good crowd"

Did they really get good crowds? They got better crowds, but they also spent a lot.

They averaged just under 11000 per game, never before even in the boom times have kings got near that. There list wasn't as expensive as most think. Ware and Bogut on big coin, Cooks probably next but Tate was budget import, Newley and Lisch took substantial pay cuts and the rest probably not that great.

We think that worked...

Probably worth...

I don't know that Smith is the savvy businessman everyone pretends he is.

He sold a sports business in 2016 for $195 million, I'd say that is a very good businessman. That’s US dollars to, about 300 million Australian.

"We think that worked...
Probably worth..."

I don't know that Smith is the savvy businessman everyone pretends he is.

I'd be pretty sure that some wanker posting from his couch on the dole is someone that Smith doesn't care about.
Kestlemann and partner sold DoDo for about $A200mill, so I guess (Smith) $A300mill. gives him some serious cred too.

I remember reading an article where the Perth CEO said they turn a profit if they make the Grand final otherwise they are roughly break even.

I've got a couple of points:

- whether it's profit or non profit, I really get a lot of enjoyment from following basketball. So yes I'm happy to continue to support it with the money I spend on my entertainment, assuming we still get something of value for that money.

- can someone explain the AFL ownership structure a little better? So if I buy a membership, I'm a part owner of a club? and a few AFL clubs do make big profits, so where does that go to if they're not for profit?

The AFL clubs are non profits and technically member owned and members vote at the AGM like a shareholder does for an ASX listed company.

Slightly different re the profits/dividends obviously than an ASX listed entities but essentially members vote for board members to represent there interest and make decisions on there behalf.

The clubs are all equal partners/shareholders in the AFL and an AFL commission overseas the games and is appointed to look after the game on behalf of its shareholders (Clubs who in turn look after the members).

Its clear that NBL is private and if they make a profit it goes to an owner rather than being reinvested into the club like AFL clubs do.

The afl prop up at least 6/8 clubs so money does come in, not certain how that is not for profit. The MCG would go broke without the afl so run them a good deal on rental, where as nbl clubs get screw re rental. The afl did have foresight to buy docklands which again the must have made money so I'm not certain how they are not for profit. Certainly not an equal playing field.

Outside of cairns do club members at United, 36ers or Perth get to vote at an AGM on the board and put up candidates?

Why would they? It's a private company.

Yes, it's a sad day to see all the experts here not understand the concept of NFP.