No, they are not as of the 2010-2011 NBA season. The Jazz are among the elite in the NBA. They are close record-wise with the defending NBA Champions in the Los Angeles Lakers.
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The worst loss in NBA history was on December 17, 1991. The Cleveland Cavaliers beat the Miami heat 148-80.
The Utah Jazz were originally located in New Orleans, Louisiana, a city with a rich jazz heritage. The New Orleans Jazz were then moved to Salt Lake City, Utah in 1979.
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Utah Jazz
The Utah Jazz played in New Orleans between 1974-1979.