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Originally Posted by lukewarmplay
That's not how it works and you know that.
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The Nets are officially a subsidiary of Forest City Enterprises, a publicly traded company that files reports with the Securities and Exchange Commission. FCE, which is controlled by the Ratner family, regularly files reports on the Nets financial status with the SEC. They must be accurate or the company can be fined by the SEC or sued by their shareholders.
In filing after filing after filing by FCE, the Nets' losses are chronicled and quantified. The teams' finances are a public document.