Stern Jr.
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Wonder which are the 8 teams?
Wonder which are the 8 teams?
Oh this ing jewbag...
Looks like another lockout is on the horizon...
This. But how can you come out in good faith and say this when small market teams like Bucks, Spurs, Kings gave out max or near max contracts? Your owners continually to do like give Reggie Jackson $80 million and the spurs gave out max to two players ... how can you whine about teams losing money?
Bottomline is the last CBA has restricted the pay for Lebron, aldridge etc in fact Kiwi in the old system could have gotten a bunch more money ...but it has greatly inflated the contracts of the middle and lower class because nonstarters like the aforementioned Jackson and Kanter got $80 and 7$70 million. No system will ever work outside of a higher but hard cap because the owners cannot stop themselves from paying non stars like stars hoping they will become one.
Here is a Grantland article that talks about this crazy trend but I have been arguing this the last two seasons. Kiwi for example is underpaid but Kanter and Jackson holy . (and yes Kobe is overpaid but we already have beat that horse down to all we have left is ty jokes ) ... this article argues Kiwi is greatly underpaid.
Opening salvo for the next lockout.
You cannot put the genie back into the lamp. Too many billions at stake. Owners have all the leverage in the world. Players will have their balls squeezed until that 50% split drops even further.
Failure of LeBrons to captivate the Globe
Imagine the Bulls in this social media Era. It would be the Beatles all over again
NBA owners needs to take a lesson from the NFL owners and quit being so re ed with their finances. Seriously, Gilbert's willingness to put so many millions into the luxury tax just goes to show how much leverage these agents and basketball players have. Jesus, billionaire Jerry Jones argued for months on a ty contract for Dez Bryant and it basically equates to Wes Matthews' terrible contract in Dallas.
It's also ridiculous they don't include local cable deals with the BRI... how is that not also basketball related income?
Criminal. And they also don't take into consideration the ridiculous appreciation of the team's value.
That's why unions exist: to protect the average to below average producer. That's the same in the NBA as any other workplace. Truly talented people are better off with no union restrictions. Fortunately for teams like the Spurs there are a whole lot more Caron Butlers than LeBron James. It is a system that gives the small market teams a more equal footing.
But muh players depreciate in value so I'm losing money. Plus I had to buy TV ad time last year to ensure the public voted to pay for my new arena.
Lol those tanking teams, who wants to see ty games?
Exactly. Lakers get hundreds of millions a year in local cable revenue. Put it all into the pot.
I have come to accept that the NBA will always have a lockout every 7-12 years it's just the way things are set up. It doesn't matter how much a new CBA restricts max deals because owners will always overpay players who are not worthy of max money.
All NBA teams should open their books and let the players union look them over.
Silver opened up a can of worms..........
The way to resolve this is the rework how the NBA tv deal with the Nat'l media networks is prorated to teams. Teams from large markets with huge local TV revenue shares get a smaller prorated % of this Revenue while teams with less of a local TV market, get a higher %. Teams like the Knicks, Nets, Lakers, Bulls, Celtics, etc have huge local TV deals. They should get a smaller % of the Nat'l TV. This would even the playing field for teams as far as revenues go.
Penalizing the players because there is disparity of Local TV markets in the NBA is just stupid. That is why the NFL doesn't have this problem. ALL THEIR GAMES are broadcast via Nat'l TV networks. Plus there is a Hard Cap. So the only disparity of Income is stadium size and merchandise.
So the Small Market owners just need to demand what's their, a larger % of the Nat'l TV revenue compare to those teams that make 4 to 5 times more from Larger Local TV networks, which usually means higher merchandising sales as well.
Michele Roberts, Executive Director of the National Basketball Players Association, issued a statement today in response to NBA Commissioner Adam Silver's assertion that several teams were still losing money despite salary givebacks from players after the 2011 lockout, and enhanced revenue sharing among teams. She said the union would not negotiate "the finer points" of their discussions with the league about revenues in public.
However, she included several bullet points in the statement concerning revenues:
"Under the CBA, we do not have a gross compensation system. The players 50% share is calculated net of a substantial amount of expenses and deductions.
New and renovated arenas around the league have proven to be revenue drivers, profit centers, and franchise valuation boosters. That has been the case over the past few years in Orlando, Brooklyn, and New York, to name a few. In some instances, owners receive arena revenues that are not included in BRI. Many teams also receive generous arena subsides, loans and other incentives from state and local governments as part of their arena deals.
Virtually every business metric demonstrates that our business is healthy. Gate receipts, merchandise sales and TV ratings are all at an all-time high. Franchise values have risen exponentially in recent years, and the NBA has enjoyed high single digit revenue growth since 2010-11."
http://www.twitlonger.com/show/n_1sn3d2a
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