Thursday, June 14, 2012

Forbes: Magic team value $349M - Orlando Business Journal:

judonebolayb1394.blogspot.com
According to Forbes’ annual study of the businesd of basketball, the team ranked No. 17 among the ’sw 30 teams. The are ranked the most valuable teamat $613 million and the are the least valuable at $278 Forbes reported. The Orlando Magic represented the fourthb highest value percentage change behindthe , 21 , 14 percent; and Oklahomas City Thunder, 12 percent. The Oklahoma City team played as the last season befor relocatingto Oklahoma. In addition, the Magic reported an estimated $100 million in revenue for the 2007-2008 season, according to Forbes. The Magicd had an impressive 2007-2008 seasonh with 52 wins and 30 lossesx and its first playofc series win in12 years.
The Magic won their firs round series againstthe 4-1, but fell in the conferencew semifinals to the .

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