NBA Losing Money? Really?

Here is an interesting article on whether NBA teams are losing money. Thought I would share.  It also has a link to a Deadspin article on accounting in the NBA. Go here

Gonna try to post something later. No promises though. It is a busy holiday weekend and getting slammed at work today.

 

Takes for reading!

Advertisements

A New Love Lost

Really? Another work stoppage? Just when I thought the NFL was about to get over their money grubbing and bickering we will have to deal with a labor dispute in the NBA.  Now there was a time when I really wouldn’t have cared if there wasn’t an NBA season. I always felt the college game was better basketball. But not these days. It’s almost like I have discovered a new love. A new girlfriend.  All the good basketball is being played in the Association.  And it doesn’t hurt that I have a local vested interest now. And not just any team but one of the best teams  in the league with most of their stars under the age of 25.  A team that went to the conference finals, losing to the eventual NBA Champs.  A team that could very well make a run next year.  If there is a next year.

Now just like with the NFL lockout I am not going to follow the receipts, chase the money.  That would make my head spin too much.  I have a hard enough time with my own check book and it has far less zeros at the end.  But as ESPN’s Michael Wilbon talks about here, several, almost two thirds, are losing money. Huh? How can that be? What I find striking is that all the teams in the league, and I mean all, throw money, lots of money, at many mostly marginal players.  Jemele Hills article gives some examples here. Does that make sense? Now I understand supply and demand.  I understand if you don’t have talent that people want to pay to see it could be difficult. But at the cost of losing money? I need to stop here.  I have already opened pandoras box of money!  This could lead into so many arguments that I don’t want to get into.  I just want to watch my new love.  I just want to see my team play.  See them win a championship. Both sides are taking that away from me, and I don’t like it.

I was never afraid the NFL would miss games. There is way too much at stake for the world’s most popular sport (and I don’t care what you soccer fans think). And nobody in the NFL is losing money.  They are just disputing how to split more money than most small countries have.  But the NBA appears to be in poor shape.  It’s like I am seeing my new love without makeup for the first time.  And from what I read there is no way to resolve it before next November. I will be distracted by football well past then.  Come the first of 2012 though and I will be sad and lonely and will start looking around for something else. My new love.  The NBA.  And it will be no where to be found.

Jilted by new love.