NEW YORK (AP) - NBA Commissioner David Stern estimates revenue will be a record $5 billion in the current season, an increase of about 20 percent from the league's last full season in 2010-11.
Speaking Tuesday at Beyond Sport United, a gathering of global team, league and industry executives at Yankee Stadium that focuses on social responsibility. Stern said NBA expansion to Europe is probably at least a decade away and that it likely would make sense to add several clubs there at once.
Stern announced last month that he will retire on Feb. 1, 2014, 30 years after he took over from Larry O'Brien, so international expansion will be passed on to Adam Silver, who has been deputy commissioner since 2006.
The league's revenue estimate is for the year ending next Sept. 30. That puts the NBA third among the major North American leagues, trailing the NFL ($9 billion) and Major League Baseball ($7.5 billion), but ahead of the NHL ($3.3 billion).

Featured Picks From The Insiders

View All Picks
Advertisement

Top NBA Public Bets

#1 506 USA  96% Bet Now

NBA Top Stories

Thumbnail Tim Duncan retires The San Antonio Spurs lost their franchise player on Monday, as Tim Duncan elected to retire after an amazing 19-year...
Thumbnail Rockets give Harden an extension The Houston Rockets locked up their star player for years to come, announcing an extension with James Harden on...
Thumbnail OKC's title odds plummet without Durant Following the announcement that Kevin Durant will be signing with the Golden State Warriors, the Oklahoma City Thunder's NBA title...
Thumbnail Durant heading to Golden State The shoe finally dropped in the Kevin Durant sweepstakes, as he has elected to sign with the Golden State Warriors for next...
Thumbnail Warriors now 2/3 to win title with Durant The Golden State Warriors were already favored to win the 2017 NBA Finals championship, but their odds improved even more after...
More inNBA Articles  

Featured Picks From The Insiders

View All Picks

NBA Team Pages