Excellent point! But why is Stern making this look like the players are to blame when it's NBA executives that have created the climate?
57% of your costs as core labor can be high or low - it depends on all the other expenses. You have stadium costs (construction in some cases; maintenance, etc). They have potentially tens of millions of general staffing costs - scouts, stadium personnel, security, ticket sales, marketing costs, admin, etc. Flying players all over the country. Hotels all over the country, etc. Those things can add up. It's hard to take the NBA numbers at face value, but if they are losing $350MM year, that's about $12MM / team. That doesn't seem impossible to fix - the real issue is whether general NBA revenues are going down league-wide.
I think revenue sharing is a big part of the answer. There are a lot of teams that are not profitable, but some valuable franchises that are extremely profitable. It doesn't make sense to me that the league isn't profitable. The first couple of years of the current CBA, it was profitable, right? And then the economy collapsed, but the league revenues don't seem to have contracted (judging from the salary cap calculations). So, have franchise expenses gone up? Stern wants the league office to manage the message when it comes to negotiations. It makes complete sense to keep the teams from speaking on it and do all the talking himself.
WOW...pimp slap by Stern. @KBerg_CBS: Stern on Hunter statement predicting lockout: "I don't believe Billy wrote that because he wouldn't threaten me with a lockout." #NBA
That is stupid then you get morons that don't know what the **** they are doing trying to run the organization. DD
The owners always create these messes and they go cry to the media that they are losing money. I bet whatever amount they claim they are losing its really about 1/8th of that. If the players do go for this 33% they need to hold it to the owners to slash ticket prices by the same amount. I just think they are trying to break the union into giving in to their demands. I don't see the players giving in not until they start losing game checks. The NFL owners are pulling the same **** right now so its looking like there might not be a NFL or NBA season next fall.
"The Knicks have brought in former forward Anthony Mason to help work with Curry (hamstring) to motivate him and get him back into shape, the New York Post reports." Well something gotta be done because this **** is ridiculous.
