“a crippling labor agreement”
“NBA will lose $400 million dollars”
“NBA has lost hundreds of millions over the past few years”
David Stern has laid out the NBA owners' position on the up-coming labor negotiations with the players.
But with a contract that already diverts a portion of players' salaries back to teams as income declines, just how much help do the billionaire NBA owners really need?
Have NBA teams really been losing hundreds of millions of dollars each year or is David Stern merely taking advantage to an economic downturn to make the richest NBA franchises even richer?
Are players getting a bigger share of league revenues than their teams can afford to pay? Or is any pain felt by NBA owners entirely self-inflicted?
Independent financial information says the owners’ arguments are on shaky ground!
Call me a cynic, but it is very hard to take much of what anybody says as credible leading up to labor neg ...
Read Full Article at Bleacher Report - NBA
Article written by Stephen Brotherston