The Grizzlies and Knicks are in a neck-and-neck race for the most financially disastrous franchises, with both teams losing an average of $224 million annually.
The analysis looked at each team’s yearly revenue as well as attendance figures from the 2016/17 season through 2020/21 to produce this list which shows what they would have made had it been without their fans’ wallets being bought up by others who dare not purchase them outright.