All of the signs are pointing to a lockout occurring in the NFL. The NFL owners are crying broke and say that they are having trouble finding ways to make money off of their franchises. NBA owners are claiming poverty as well. According to David Stern, the NBA has lost as much as $400 million dollars over the past year. The NBA is asking for players to reduce their share of the revenue take in the next CBA.
I personally find it hard to believe that the NBA is losing money. NBA arenas are packed and excitement from fans has not been this high since the Jordan years. The Lakers, Knicks, and Celtics are all relevant and ratings are going through the roof. Look at how arenas sell out all over the league when the Miami Heat come to town. The NBA already has a rookie salary cap and owners want even tighter restrictions on salaries.
I think that the NBA salary structure is just right. Teams can pay their stars more money under the Larry Bird exception than other teams can pay them .If the NBA institutes a hard cap then the major stars will feel the smaller markets for the lure of larger markets. There is no reason for a superstar to stay in Milwaukee or Toronto if he can make the exact same salary in L.A, New York or Chicago.
The NBA has allowed a number of owners and player to build wealth and increase their fortunes. In my opinion, the NBA needs to keep things just like it is before they kill off the golden goose.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment