trigg3r
Well-Known Member
sadly, and that's when the next chunk of the season gets cut.
Let's just pray for a last minute miracle.
I think the only way that happens is if the union accepts 50/50. If they don't, bye bye more games.
sadly, and that's when the next chunk of the season gets cut.
Let's just pray for a last minute miracle.
In what universe is asking for 4% LESS asking for more?The players are not entitled to more.
God, you're an f'n racist. Mods, can't we do something about this guy? I suspect I'm not the only one tired of reading his racist drivel here.
I'm calling on the mods to grow some nads and ban this bigot jerk wad.
Instead, independent estimates of the N.B.A. financial condition reflect a league that has grown at a somewhat tepid rate compared to other sports, and which has an uneven distribution of revenues between teams — but which is fundamentally a healthy and profitable business. In addition, it is not clear that growth in player salaries, which has been modest compared to other sports and which is strictly pegged to league revenue, is responsible for the league’s difficulties.
There are several reasons to be skeptical of the N.B.A.’s figures. First, many of the purported losses — perhaps about $250 million — result from an unusual accounting treatment related to depreciation and amortization when a team is sold. While the accounting treatment is legal, these paper losses would have no impact on a team’s cash flow. Another potential (and usually within-the-law) trick: moving income from the basketball team’s balance sheet to that of a related business like a cable network, or losses in the opposite direction.
Second, the leaked financial statements for one team, the New Orleans Hornets, closely matched the Forbes data. And the sale prices for some teams have exceeded their figures. The Golden State Warriors were purchased for $450 million in 2010 — more than the $363 million that Forbes estimates they are worth. The Detroit Pistons were recently sold for a price reported to be about $420 million, more than Forbes’s estimated value of $360 million. The Washington Wizards were bought for $551 million last year, a 70 percent premium over Forbes’s estimated price of $322 million. Comparing actual to theoretical sale prices is not always safe because other assets are sometimes packaged with the teams, but the market for N.B.A. franchises is clearly quite healthy and inconsistent with what the league claims to be a failing business model.
The third reason for skepticism: the N.B.A.’s data has not been made public, although it has been shared with the players’ union. If the league expects their figures to be viewed credibly, they should open up their books to journalists, economists and fans.
Fourth, the current labor deal — which was signed in 1999 and renewed with relatively few changes in 2005 — was initially considered favorable to the league. Although revenue growth may have been more tepid than the league might like, especially in the past few recessionary years, player salaries are tied to revenues and have grown at no faster a rate. The claims made by sports owners on the occasion of a labor dispute — smart and successful capitalists who suddenly become enamored of restrictions on the free market and their own wherewithal to make decisions — often stretch credulity. But to hear the N.B.A. owners complain about the current deal now, when none of the fundamentals have changed, reminds one of the old Woody Allen joke about two women kvetching at a restaurant: “Boy, the food at this place is really terrible,” one says. “I know. And such small portions,” the other replies.
At this point i would rather their not be a season if it means taking the 50-50 compromise. its the principle of the thing.
At this point i would rather their not be a season if it means taking the 50-50 compromise. its the principle of the thing.
It's sad the lockout isn't getting more national coverage. During the NFL lockout that is all ESPN talked about (true, their where no other sports going on besides regular season baseball), but still. It seems if their was as much pressure as the NFL lockout created, the players and owners would act with a sense of urgency.
God, you're an f'n racist. Mods, can't we do something about this guy? I suspect I'm not the only one tired of reading his racist drivel here.
I'm calling on the mods to grow some nads and ban this bigot jerk wad.
Basketball is way too greedy of a sport. I'm not saying other sports aren't either but it's ridiculous that things can't get settled and the season will dwindle away to nothing. I was watching something about the last lockout and it took the league 5 years to "repair the damages" from the 99' lockout. We all know the season is going in the toilet, which blows, but it'd be nice to have a good cap system so we can stop having the same crap year after year.