At first glance, its pretty easy to understand why the NBA owners resorted to a lockout. They want to find a way to protect themselves from their own actions. The lockout also provides means for closing the ever-widening financial gap between large- and small-market teams, a gap that could destroy the gains the league has made in TV ratings, public perception and quality of play.
However, the truth is this lockout is much more complicated than one might think, and it is not one that very easily can be blamed on the well-paid players or their union.
Are the players at fault for demanding multi-million dollar salaries? I don't think so, especially considering that these now angry and hypocritical owners so easily paid up. I ask you: if someone was willing to pay you millions of dollars per year to do your job, would you take the money or would you refuse it? Of course, you would take it.
But due to this reckless extravagance, too many NBA teams are losing money. Unlike NFL owners, most NBA owners have balance sheets deep in the red. There are a number of reasons for this.
Television revenue ...
Read Full Article at Bleacher Report - NBA
Article written by David Burnett
NBA Lockout: More Complicated Than It Seems
July 1st, 2011 by David Burnett Leave a reply »
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