NBA is no more

[MotionMan]

I would not be surprised if the owners make money during a lockout.



MotionMan

 

[preslove]

I would not be surprised if the owners make money during a lockout.



MotionMan

I'm sure management of most teams are still getting paid. Many of those managers are partial owners or family members or spouses of the family members of owners. It's just an ongoing expense to the corporation.

 

[sactoking]

A lot of people forget that, for the owners, the NBA is not where they make their living. They made their millions elsewhere and found the NBA as a great place to look important and get some tax write-offs.

Without the NBA, many of the players would be asking, "Would you like fries with that?", especially those who have not been in the league long or did not get big signing bonuses.

Have the owners in any league ever lost one of these standoffs?

MotionMan

I would say the NFL owners lost in the '80s when they lost the Reggie White lawsuit.

 

[xSauronx]

also more NHL hopefully

this, but imo, the nhl has some issues to deal with other than just air time t make it more popular

 

[BlahBlahYouToo]

Many businesses lose money every year. THE WHOLE POINT of capitalism is to reward good businesses with $ and to allow bad businesses to fail. A shitty team with poor management SHOULD LOSE MONEY.

And just about every team increases in value after purchase. So, even if they lose revenue, the fact that other filthy rich potential owners are willing to buy teams for substantially higher prices than the current owners paid, they can sell the team at a profit. Then, perhaps, better management can actually do better.

Plus, there are a lot of way owners can mask their profits. Often, owners give management positions with high salaries to themselves and their family members.

yeah, they fulfilled the previous CBA which was 10 years, enduring losses during that period.
why shouldn't they be allowed to renegotiate the terms of the new CBA to bring themselves back to profitability?

 

[oogabooga]

Really? Link?

MotionMan

It's been mentioned in a couple ESPN pages I think, looked back for a link but couldn't see. I guess contracts are contingent on being part of the players union and if there is no union the players walk away from that money since the contracts are voided? Something like that.

why 1 mill and not 100k? why 100k and not 50k? why should people take anything more than they need to survive? who are you to make any judgement at all on what is reasonable for another man to earn? take your shitty analysis to P&N, comrade.

I find it weird how people call the players greedy. While this is true, the owners are just as greedy. I don't see why people are hating on the "Stars" when most basketball players don't get paid millions upon millions of dollars for decades. A lot will scrap by and even have to find other work in their lifetime. Sure the top end talent gets paid up for generations, but not every nba player does.

Just find it weird there is not as much hate for the owners.

 

[KLin]

It's been mentioned in a couple ESPN pages I think, looked back for a link but couldn't see. I guess contracts are contingent on being part of the players union and if there is no union the players walk away from that money since the contracts are voided? Something like that.



I find it weird how people call the players greedy. While this is true, the owners are just as greedy. I don't see why people are hating on the "Stars" when most basketball players don't get paid millions upon millions of dollars for decades. A lot will scrap by and even have to find other work in their lifetime. Sure the top end talent gets paid up for generations, but not every nba player does.

Just find it weird there is not as much hate for the owners.

http://espn.go.com/blog/truehoop/po...s-decertify-what-happens-to-current-contracts

 

[Adrenaline]

I don't know if I'd go THAT far, however in the big picture if they were taking all that back, it still seems insignificant when they already had 3 houses, 3 pools, tons of flower gardens and multiple dog bags to begin with.

My stance is this wouldn't pass in any other business. You work for an employeer, you get a pay check. When business takes a dive they decided to make cuts. As an empolyee you have no right to ask to see their books. You can accept it or get a new job.

Too bad this isn't like any other job. I hope they decertify and sue the crap out of the owners. The owners are losing money because they are stupid. Last off season Joe Johnson got the highest paid contract out of all the free agents. Owners can't help themselves with stupid mistakes and now want the players to concede money, totally laughable.

Watch their franchise lose extreme amounts of value in the meantime. If they get replacement players they won't even sell tickets.

To decertify means they can sue to NBA in court. Best of luck to them.

 

[Atomic Playboy]

I find it weird how people call the players greedy. While this is true, the owners are just as greedy. I don't see why people are hating on the "Stars" when most basketball players don't get paid millions upon millions of dollars for decades. A lot will scrap by and even have to find other work in their lifetime. Sure the top end talent gets paid up for generations, but not every nba player does.

Just find it weird there is not as much hate for the owners.

The biggest issue here is that the collective greed of both the owners and the players creates an untenable situation across the league. Sure, the NY Knicks or LA Lakers aren't going to have problems filling their stadiums, and it has nothing to do with the success of the team (as evidenced by Knicks attendance over the past decade). But a team like Charlotte or New Orleans? Even if they were good (and they're not), you're not getting the ticket sales that you see in a major market, and you're certainly not getting the same prices (can you imagine people in Charlotte paying 5 figures for a courtside seat at a mid-season game?). In a normal economy, this means that teams from smaller markets have less money, which means they can't spend as much, which means their teams are worse, which means that you don't have the parity that you'll see in other leagues (NFL primarily) that actually makes things exciting. Couple that with high-profile moves by major stars to play with one another, and teams outside of New York, LA, Miami, Dallas, Chicago or Boston are basically fucked (with an interesting exception in Oklahoma City and, formerly, San Antonio).

The answer to that problem is revenue sharing, which small market owners want, but everyone else seems adamantly opposed to. The players and owners aren't interested in crafting a league that is more exciting with potential for any team to be successful, they're solely interested in getting as big a slice of the pie as possible. And in the end, they're just fucking themselves out of money without realizing it.

 

[Adrenaline]

players made 57% of revenue the past 10 years. many owners lost money in that period, want to be back to profitability. offer 50/50 split on revenue, plus system changes to allow for smaller markets to be more competitive.
players rejected deal.

basically, the players are being greedy.

The owners are being greedy. The players went offered to go from 57% to 52.5% along with other concessions but the owners said no.

 

[Adrenaline]

This is horrible news!

How is Lebron going to feed his family?!

I don't want to see my champion hero sucking cock under the bridges of Miami to make ends meet to feed his family!!!

That was Latrell Sprewell.

 

[manly]

Damn, I was trying to make mine pretty and you beat me to it. Regardless, this will be bad for the NBA - they were finally recovering from '99. Also, if the union is decertified, then all contracts are null and void. Could make things interesting!

Really? Link?

MotionMan

no way that's true.

The owners are being greedy. The players went offered to go from 57% to 52.5% along with other concessions but the owners said no.

I believe that right now, the union would take a 50/50 split. What they won't accept is a hard cap or anything like it, and there are still a host of "secondary" issues that the league is playing hardball on.

 

[RPD]

The owners are being greedy. The players went offered to go from 57% to 52.5% along with other concessions but the owners said no.

The owners are the ones with all the money, they can dictate what they want to pay. It's the same for any job. They can play for that $ amount or find another job for another $ amount figure.

I don't get why people are upset at the owners, because they are "the man"? Because there's more money at stake it can't be treated like other employee and employer relationships?

 

[slayer202]

Too bad this isn't like any other job. I hope they decertify and sue the crap out of the owners. The owners are losing money because they are stupid. Last off season Joe Johnson got the highest paid contract out of all the free agents. Owners can't help themselves with stupid mistakes and now want the players to concede money, totally laughable.

Watch their franchise lose extreme amounts of value in the meantime. If they get replacement players they won't even sell tickets.

To decertify means they can sue to NBA in court. Best of luck to them.

but part of that is that the big stars don't want to go to atlanta, toronto, etc. So they end up paying a premium for lesser talent. However, no reasonable CBA would fix that, so it's a moot point. Those teams just have to make do and learn to build a team that players want to play for

 

[Axon]

The owners are the ones with all the money, they can dictate what they want to pay. It's the same for any job. They can play for that $ amount or find another job for another $ amount figure.

I don't get why people are upset at the owners, because they are "the man"? Because there's more money at stake it can't be treated like other employee and employer relationships?

I think both sides are ridiculous, but the owners more so. The players are more amusing in their delusion.

 

[BladeVenom]

I find it weird how people call the players greedy. While this is true, the owners are just as greedy. I don't see why people are hating on the "Stars" when most basketball players don't get paid millions upon millions of dollars for decades.

Minimum wage for a first year player is almost half a million dollars. It goes up to three quarters of a million after one year. That's just the minimum starting wage.

Owners have lost money. I don't see any players losing money.

 

[boomhower]

couldn't care less.

 

[Adrenaline]

A lot of people forget that, for the owners, the NBA is not where they make their living. They made their millions elsewhere and found the NBA as a great place to look important and get some tax write-offs.

Without the NBA, many of the players would be asking, "Would you like fries with that?", especially those who have not been in the league long or did not get big signing bonuses.

Have the owners in any league ever lost one of these standoffs?

MotionMan

The NFL union won their last go round with the owners. They didn't get what they had before but got enough.

 

[cubby1223]

The obscenely rich nba players will now be knocked down in status to merely filthy rich after loosing their year's salary.

 

[classy]

that whole post gives the wrong message to society

Agreed, LOL

Yeah the irony of that post....................

 

[manly]

Minimum wage for a first year player is almost half a million dollars. It goes up to three quarters of a million after one year. That's just the minimum starting wage.

Owners have lost money. I don't see any players losing money.

Yes, as a bunch, NBA players are unsympathetic characters. Particularly in this economy.

Mainly small-market teams have borne losses, but the NBA exaggerates the total through (legal) accounting tricks. If the season is wiped out, the players essentially lose $2B that they'll never ever recoup.

Sports writers generally agree that the NBA has won so far and the union has played its cards poorly (for example, players tweeting isn't winning over any support). The union should've had the decertification card ready about 2 months ago. One SI writer opined that Stern & Co. have basically won already, now they're just running up the score.

One thing the union finds unacceptable is the owners basically want to negotiate a deal that protects them from themselves. If you give Rashard Lewis $120M or Gilbert Arenas the same, blame your damn self instead of the CBA. Hardline owners want a system so beneficial to teams that stupid GMs won't cause operating losses.

 

[cheezy321]

The average NBA player career is 5 years. They just shot one of them down the tubes. Nice work, greedy NBA players.

The funniest thing I have seen so far regarding the lockout is Amare Stoudemire saying the players are going to start their own league. Good luck with that Amare. You had no idea who Al Capone was or that America prohibited alcohol yet you think you can run a billion dollar league? LOL

 

[Powermoloch]

time for some foosball

 

[Perknose]

Basketball: The game I probably enjoy playing the most, yet watching on the pro level the least.

 

[foghorn67]

This should help with traffic if I ever venture to the weird place called LA.