Reply With Quote
It seems as if my good influence is rubbing off on you...you're tearing the pussy up in this thread....I guess I will have to remove your name from my excel spreadsheet 'Always A Dumb ' category...
Older article, but there you have the explanation of how squandering $300 million
Unlike the NFL, they opened the books and showed everyone exactly how much: $300 million. Why are they losing money?
1. The economy tanked and fans don't have the same disposable income.
2. The secondary ticket market lessened the need to buy season tickets; you can just cherry-pick 10 regular-season games online and skip the other 31.
3. We're slowly learning that fans would rather stay home, watch sports on their crystal-clear HD widescreen and surf the Internet over hauling their asses to a stadium, then pay for (overpriced) parking, (overpriced) mediocre food and drinks, and (overpriced) mediocre tickets.
4. Every state-of-the-art arena built in the past 15 years was built to accommodate as many fans as possible, when actually we're learning this decade that things might need to shift the other way: You need fewer seats, you need as many good seats as possible, and you need to figure out a way to engage fans who aren't close enough to the court (like the Cowboys did with their obnoxiously brilliant video screen).
5. Typing this sentence makes me feel like I'm typing the words, "Michael Cera just beat up one of the Klitschko Brothers," but it's absolutely true: Billy Hunter beat David Stern on the last two labor deals.
You know how I know this? Because the players made $2.1 billion dollars this year … and again the owners lost $300 million. Hold on, I have their $300 million right here: Vince Carter ($17.5m), Richard Hamilton ($12.5m), Baron Davis ($13m), Jose Calderon ($9m), Gilbert Arenas ($17.7m), Rashard Lewis ($19.6m), Michael Redd ($18.3m), Matt Carroll ($4.3m), Mike Dunleavy ($10.6m), Jason Kapono ($6.6m), Andrei Kirilenko ($17.8m), Marvin Williams ($7.2m), Jared Jeffries ($6.8m), Vlad Radmanovic ($6.8m), Hedo Turkoglu ($10.2m), Boris Diaw ($9m), Marcus Banks ($4.8m), Joel Pryzbilla ($7.4m), TJ Ford (8.5m), Darius Songalia ($4.8m), Andris Biedrins ($9m), Yao Ming ($17.7m), Sam Dalembert ($13.4m), Memo Okur ($9.9m), DeSagana Diop ($6.4m), Jermaine O'Neal ($5.7m), Eddy Curry ($11.2m), Dan Gadzuric ($7.2m), Troy Murphy ($11.9m). Boom! Everyone on that list ranges from "violently overpaid" to "brazenly stole money and hasn't been arrested yet."
It seems as if my good influence is rubbing off on you...you're tearing the pussy up in this thread
If owners get to non-gauranteed and a hard cap NBA basketball will turn into the WNBA real talk. Kobe will still be Kobe because some s (Rose, Durant, Blake, etc) would play ball in the rain, sleet, snow, or mud. Most players though will fall off....no more Rondo's, Iggy's, or Bosh's...say goodbye to great defensive players and teams. The owners created this mess and the players should play hardball. Someone idiot said the players need the money more....but the reality is if you're a business owner you chance to lose way more by virtue of your total earnings / potential. The owners say they're prepared to sit out 1 yr...the players should raise the stakes dramatically by at least "saying" we're prepared to sit out two years if they owners think they're going to force our hand. 99 % of the players got enough money for their lifestyle and 99% of them didn't have before the league so they can just go back to their roots. The players have enough to sustain them. I know some players will hurt but the majority should rule.
I feel bad for Dr. Buss most of all. I know for an almost fact ;-) that he's one of a few owners that may side with the players. He has a great business model, he pays luxury taxes ( which also helps out smaller market teams) and he has lucrative cable deals which keeps is business lucrative...and what's sad is that some owners want some od his money by virtue of more revenue sharing....I don't think lower market teams should get no more than a 30% share of revenue. Because just by virtue of Kobe being so dam good they Lakers are already helping them to sell tickets in their home arena. Same with the Heat. I don't care how good other players are the LA fans aren't buying season tickets to see them play...they're buying tickets to see the Lakeshow kick their ass. If they're is no market for this sport in your city...then you don't need a team...and you get eaten up by contraction. Happens in the real business world ere day...only the strongest survive.
The players should just be thankful they aren't flipping burgers, tbh.
The Knicks make even more money than the Lakers, the third most lucrative team are the Bulls. Coincidentally the 3 biggest metropolitan areas in the US. It's not rocket science, big market = good earnings. Even Sterling can make money in LA, with his farce of NBA team.
The things turn difficult to run a team in an 1.5-2M metropolitan area. On one hand, the team must be compe ive, otherwise they won't make money on the gates. On the other hand the players get paid a very significant % of the incomes.
While the Knicks spend around 30% of their income on the players, small market team must put 70% of their income for their players. In the end, all small market teams will relocate in bigger metropolitan areas, as will do the Kings.
And tbh Kobe isn't nor ever was the primary reason why the Lakers had success in '00-'10 s, just check his FG% in the finals and some decisive games.
I side with the owners - it. How in he can 13/8 be worth $21M? That's some bull .
Vince Carter ($17.5m), Richard Hamilton ($12.5m), Baron Davis ($13m), Jose Calderon ($9m), Gilbert Arenas ($17.7m), Rashard Lewis ($19.6m), Michael Redd ($18.3m), Matt Carroll ($4.3m), Mike Dunleavy ($10.6m), Jason Kapono ($6.6m), Andrei Kirilenko ($17.8m), Marvin Williams ($7.2m), Jared Jeffries ($6.8m), Vlad Radmanovic ($6.8m), Hedo Turkoglu ($10.2m), Boris Diaw ($9m), Marcus Banks ($4.8m), Joel Pryzbilla ($7.4m), TJ Ford (8.5m), Darius Songalia ($4.8m), Andris Biedrins ($9m), Yao Ming ($17.7m), Sam Dalembert ($13.4m), Memo Okur ($9.9m), DeSagana Diop ($6.4m), Jermaine O'Neal ($5.7m), Eddy Curry ($11.2m), Dan Gadzuric ($7.2m), Troy Murphy ($11.9m).
Only Yao doesn't belong because if he was healthy he'd be ting on any C in the league but holy how the is Mike Dunleavy getting 10 million????
Vince Carter ($17.5m), Richard Hamilton ($12.5m), Baron Davis ($13m), Jose Calderon ($9m), Gilbert Arenas ($17.7m), Rashard Lewis ($19.6m), Michael Redd ($18.3m), Matt Carroll ($4.3m), Mike Dunleavy ($10.6m), Jason Kapono ($6.6m), Andrei Kirilenko ($17.8m), Marvin Williams ($7.2m), Jared Jeffries ($6.8m), Vlad Radmanovic ($6.8m), Hedo Turkoglu ($10.2m), Boris Diaw ($9m), Marcus Banks ($4.8m), Joel Pryzbilla ($7.4m), TJ Ford (8.5m), Darius Songalia ($4.8m), Andris Biedrins ($9m), Yao Ming ($17.7m), Sam Dalembert ($13.4m), Memo Okur ($9.9m), DeSagana Diop ($6.4m), Jermaine O'Neal ($5.7m), Eddy Curry ($11.2m), Dan Gadzuric ($7.2m), Troy Murphy ($11.9m).
Only Yao doesn't belong because if he was healthy he'd be ting on any C in the league but holy how the is Mike Dunleavy getting 10 million????
Kapono making almost 7 million a season
Dalembert making 13.4
2/3 are broke 5 years after leaving NBA, was the situation a few years ago.
Yao's never healthy, though. At least some of the players on that list contribute in some way.
He makes the Rockets a load of money
Yes, that's true. He would make them even more money if he could actually stay on the court.
No way 99% could handle a work stoppage for a year, much less two. I would question if even a majority of the guys in the league are prepared for such an event despite the fact that this mess has been brewing for a while. Maybe the guys making seven figures can pass around the hat and take up a collection for the lower rung guys, although I wouldn't be surprised if there are just as many guys making 12 million and trying to live a 15 million dollar lifestyle as there are guys making 2 million and living a 5 million dollar lifestyle.
As for the original question I think the owners are right about a lot of the problems facing the league and that the current structure needs an overhaul if the NBA wants to remain viable. However I blame the owners for creating most of those problems. So rather than side with either I will just go with my standard fall back option which is to blame it all on the Inuit people. Stupid igloo lickers.
There are some good owners, but they are at the mercy of idiot owners and very deep pocket owners that drive up players salaries to the point that in order to field a compe ive team the good owners have to overspend. A hard cap is the only way to level the playing field and reward the better organizations. A hard cap will actually penalize teams that do not do a good job of player development and just throw more money than anyone else can at the problem (i.e. Dallas and LAL). While I think that many of the owners are idiots I side with compe ive basketball and for the long term good of the league the owners must get salaries under control...
• Within five years of retirement, an estimated 60% of former NBA players are broke.
• By the time they have been retired for two years, 78% of former NFL players have gone bankrupt or are under financial stress because of joblessness or divorce.
http://sportsillustrated.cnn.com/vau...64/1/index.htm
That's beside the point. Most rookies would continue to play as their career progresses for 1 million a year or less, and take money from sponsor contracts. The increased pay rate is stupid. If the owners make more money, that's fine, they take the risks.
If the players want to become millionaires for life, they should concentrate on financial responsibility and get quality agents that seek out lucrative sponsorships.
Role players should not be making big money.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
