NBA Lockout Looming: The Association Could Be Up for Contraction

October 23rd, 2010 by Hardcourt Mayhem Leave a reply »
To solve some of the financial problems happening in the National Basketball Association, the NBA looks to contraction.

“It’s a sensitive subject for me because I’ve spent 27 years in this job working very hard not only to maintain all of our teams, but along the way add a few,” Stern said during his preseason conference call.

“But I think that’s a subject that will be on the table with the players as we look to see what’s the optimum way to present our game, and are there cities and teams that cannot make it in the current economic environment. I’m not spending a lot of time on it.”

“The league would continue to be open to contraction,” CBSsports.com wrote. CBS also wrote that Stern wants player costs reduced by $700 to 800 million.

Many small-market teams have been struggling and have had financial problems. Many people say the Memphis Grizzlies are a choice for contraction. Stern rejected.

“No, it shou ...

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