Unfavorable CBA May Force Jazz Sale
In fact, one source with intimate knowledge of the Larry H. Miller Group of Companies’ inner workings speculated that small-market-related economic hardships could force Jazz ownership to place a “For Sale” sign on the franchise. The source told the Deseret News that the Jazz were expected to report losses in the $17 million range for the 2010-11 season.
“If I was a betting man,” the source said, “my guess is that the Millers will sell the team within the next five years, unless this CBA changes the formula so that the team can make some money.”
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