There will not be an NBA season this year. The cliché "money is the root of all problems" holds true here. The NBA lockout is simply a money issue. There has been a lot of talk about how much money the NBA actually lost last year. I will attempt to give you a synopsis of these talks and explain why they indicate that there will be no season.
According to the Adam Silver, the Deputy Commissioner of the NBA, the league lost over $300 million this year and 22 teams lost money . However, these claims have been dissected by some very smart people. These people have poked holes in the NBA's story.
One such person is Larry Coon, who did a great job of simplifying how the NBA may have manipulated the books to make it seem like they lost more money than they actually did. However, he still states that even after the accounting trick the NBA used, they still lost $120 million last year.
The New York Times' Nate Silver delves even deeper into the issue here. If his numbers are correct, he still thinks that 17 of the 30 NBA teams lost money.
Of course, the NBA refuted the numbers that Nate Silver used in his article to tear apart the N ...
Read Full Article at Bleacher Report - NBA
Article written by Nick Frongillo
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October 14th, 2011 by Nick Frongillo Leave a reply »
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