Abandon Hope All Ye Who Watch NBA

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This insane report from ESPN.com is proof in the pudding that there will most definitely be a lock-out next season.  So you better enjoy this one.  The NBA wants to cut player salary by one-third.  That’s 1/3.  That’s 33%.  This nutso percentage shows just how far the NBA and NBPA are apart on collective bargaining.  It also shows that owner are not willing to take responsibility for their own reckless spending and destructive use of max contracts.

“Stern said the league wants player costs to drop $750-800 million. Deputy commissioner Adam Silver said the NBA spends about $2.1 billion annually in player salaries and benefits.

“We would like to get profitable, have a return on investment,” Stern said. “There’s a swing of somewhere in the neighborhood of $750 to $800 million that we would like to change. That’s our story and we’re sticking with it.”

Obviously, the players are not going to accept this kind of drastic salary cut.  Especially considering that the cost of doing business has very little to do with their decision making and everything with the owner’s.  Stern’s got his story, and is sticking to it.  If that’s the case, there’s going to be a lockout.  And that’s a story that’s going to stick it to everyone, especially fans.

 

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2 Responses to “Abandon Hope All Ye Who Watch NBA”

  1. pmadavi Says:

    http://sports.espn.go.com/nba/columns/story?columnist=sheridan_chris&page=lockout-102110

    Sheridan gives hope that there will not be a lockout, particularly if the NFL is going through their own – the NBA has a chance to gain a huge number of idle sports viewers.

  2. jpalumbo Says:

    Pinning our hopes on Chris Sheridan… How did it come to this?

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