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RE: LeoThread 2025-02-21 21:57

in LeoFinance8 months ago

Part 6/8:

Discussion also flowed towards the WNBA's financial model, illustrating that while the league operates at a loss—historically claiming $50 million in debt annually—they function as a tax write-off under the NBA umbrella. In contrast, Unrivaled lacks this safety net and would not receive continued funding unless it turned profitable quickly, a near impossibility given the low turnout figures and the heavy financial backing it required to run.

The Overvaluation Issue