haset.bsky.social
@haset.bsky.social
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South Park went after CBS and Paramount too.
July 24, 2025 at 4:23 AM
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The WNBA has existed for 29 years. We are told it has never made money.

The league lost $10 million annually in early years, escalating to $40–50 million in recent years. Or so they say.

Q: WHY WOULD SAVVY INVESTORS KEEP A FAILING EFFORT GOING?

A: BECAUSE IT IS NOT FAILING . #Corruption
July 26, 2025 at 1:46 AM
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Corruption is embedded in all our institutions.

Experts Nola Agha and David Berri suggest the WNBA may use accounting practices and tax loopholes to declare losses even when cash-flow positive or when asset values increase. This can serve two purposes:
#Corruption #BlackHole
July 26, 2025 at 1:46 AM
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Public Subsidies: Declaring losses can justify requests for public funding for arenas or other infrastructure.

Labor Negotiations: Reported losses can be leveraged to negotiate lower player salaries in collective bargaining agreements (CBAs). #Corruption #BlackHole
July 26, 2025 at 1:46 AM
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The WNBA’s financial opacity is a significant issue. The WNBA rarely shares detailed financial data publicly, often relying on statements from NBA or WNBA officials. Union president Nneka Ogwumike has emphasized the need for transparency and that players lack access to financial records. #Corruption
July 26, 2025 at 1:46 AM
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Maxwell is a MONSTER & VICTIMIZER! And Newsmax is a supporter of pedophelia!
July 26, 2025 at 3:52 AM
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Economists like Andrew Zimbalist question the reported $40–50 million losses in 2024, given the league’s revenue growth, increased attendance (up 26% in 2025), and merchandise sales (up 40%). #Corruption #BlackHole
July 26, 2025 at 1:46 AM
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Lack of financial transparency fuels suspicion. For instance, Reddit users have called for the WNBA to “open the books” to verify losses, arguing that the league’s financial narrative doesn’t align with its growth metrics or franchise valuations. #Corruption #BlackHole
July 26, 2025 at 1:46 AM