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Owners are full of Crap!
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Bonn1997
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10/10/2011  10:14 PM
Andrew wrote:The problem with the arguement that owners should just not sign players to those bad contracts is the following. Even with all of those bad contracts, the owners didn't pay the players enough last season according to the current BRI split. This is why that percentage is such a huge deal for them. As the number of dollars required to produce a certain level of revenue has risen, the owners profit has dropped, but they are still required to guarentee the players money, and possibly even more money than the players are actually signed for.

If the owners didn't pay the players enough last year, that must mean basketball-related income was higher than expected, right? Then the owners have even less of an excuse for (supposedly) losing money.
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nixluva
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10/10/2011  10:49 PM    LAST EDITED: 10/10/2011  11:02 PM
Andrew wrote:The problem with the arguement that owners should just not sign players to those bad contracts is the following. Even with all of those bad contracts, the owners didn't pay the players enough last season according to the current BRI split. This is why that percentage is such a huge deal for them. As the number of dollars required to produce a certain level of revenue has risen, the owners profit has dropped, but they are still required to guarantee the players money, and possibly even more money than the players are actually signed for.

The assumption is that the reason for the teams losses is almost entirely player salaries. I haven't seen enough info to make that case. When the owners agreed to the 57/43 split they had to know what the approximate cost of player salaries would be calculated from the current contract situation and probable future contracts signed. It would give them a range to know if they could still turn a profit after paying player salaries. So to me there's some other contributing factor that isn't being explained.

I refuse to believe that with the resources the owners have that their financial advisers failed so miserably that they allowed them to agree to a split that would leave them so far in the red. One of the things that I think caught the owners is the increased cost of non player expenses. Costs to purchase new teams and financing. Even still the 300 mil in loses is not evenly spread across all the teams. From what I heard a huge chunk is from New Orleans and Sacramento.

The Hornets have had no shortage of interested bidders once it became apparent that former owner George Shinn was financially incapable of running the team. Minority owner Gary Chouest failed in his bid to increase his stake of the team, while Larry Ellison, who also tried to buy the Warriors, showed interest in the Hornets. Yet instead of allowing one of these men to take over, the NBA bought the Hornets last December from Shinn for $300 million. If it seemed questionable that the league would take over New Orleans instead of allowing a new buyer to do so, the case became even more complicated when Ellison revealed that he bid $350 million for the team--$50 million more than the NBA paid—but was not allowed to buy the franchise.


Sorry I put the Hornets info up there to prove a point. Stern didn't want the income from the sale of the Hornets to go on the books. It would cancel out the debt of the Hornets who are a major contributor to the leagues stated losses plus they'd make a profit on the sale. Stern has been doing things like this to make the league look worse in a CBA year.

Then there's the aspect that many owners for years never really worried about turning a profit. Tax wright offs for billionaires is a reality. NBA teams are expensive play things.

Sportsman Fred Zollner views the situation this way. “I’m a teetotaler by choice. For me basketball also takes the place of golf or bridge. If we lose money I regard it as a normal deficit for value received[/b.”

What Zollner, the Pistons’ former owner who died in 1982, said then is just as true today. Some owners lose money, in the most simplistic level of scrutiny, on their basketball teams, [b]but they gain fortune in related realms because they own a team. If they’d admit and account for that, the lock out would be over. Instead, they want the players to sacrifice enough salary that their teams become profitable – on top of their ancillary gains.

Forbes magazine, for example, questions the logic of a reported $300 million loss when, by its reckoning, the league made $183 million in 2009-2010. It is generally accepted that the 2010-11 season was far more successful than the previous one, making it hard to believe that the league's owners somehow reversed field by half a billion dollars.

By the standards of an NBA owner, Sarver is a pauper, and one who is interested in running his team like a business. There are other owners like him; the Los Angeles Clippers's Donald Sterling has been squeezing profits out of a perennially-awful franchise for years -- unsympathetic character traits notwithstanding.

Contrast these men (and their motivations) with Portland Trailblazers owner Paul Allen (below), he of the $13.5 billion Microsoft nest egg. Or with the Orlando Magic's Richard Devos ($4.2 billion). Or with the New York Knicks' James Dolan ($3.3 billion). Or with the newest glamour-owner of them all, the New Jersey Nets' Mikhail Prokhorov ($18 billion).

Some NBA owners buy and run their teams because they’d like to make a profit, but many do so because they’re willing to pay (a lot) for the fleeting thrill of victory. (Or are bored, or would like to impress girls, or can only buy so many Lamborghinis.)

CrushAlot
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10/10/2011  11:09 PM
Mannix is putting this on tho owners.

ChrisMannixSI
Chris Mannix
Tonight was pretty bad. This has, and will continue to come down to the owners. If they hold their ground, we'll miss the season.

I'm tired,I'm tired, I'm so tired right now......Kristaps Porzingis 1/3/18
CrushAlot
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10/10/2011  11:19 PM
From Wojo:

WojYahooNBA Adrian Wojnarowski
As players learn terms of NBA's final offer, not one of them texting or emailing me think union should've accepted it.

I'm tired,I'm tired, I'm so tired right now......Kristaps Porzingis 1/3/18
tkf
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10/10/2011  11:37 PM
Bonn1997 wrote:
tkf wrote:
MS wrote:This thread is embarrassing. You can't list contracts and attendance and just trash the owners. TKF great point about the additional expenses that the owners have with state of the art training facilities, arenas, medical staff and accomadations. Not to mentioned employee salaries on top of the contracts.

At the end of the day just break down the Knicks the past 10 years

Marbury 20MM, Allan Houston 20MM, Francis 16MM, Jalen Rose 15MM, Eddy Curry 11MM, Tim Thomas 10MM, KVH 10M, Malik Rose 8MM Jerome James 6MM, Jared Jefferies 6MM

The NBA is filled with guys that sign long term deals and then come into camp without working on their games or their bodies in the offseason.

If you can make the alternative argument (IMPOSSIBLE) as to why that marginal guys in this league deserve contracts between 5MM-9MM.

36. Shane Battier (two years, $14.3 million)
6.7 ppg, 4.9 rpg

35. Jason Maxiell (four years, $20 million)
5.4 ppg, 3.9 rpg

34. Andres Nocioni (three years, $21.0 million)
10.5 ppg, 4.2 rpg, 41% FG%

33. Nick Collison (two years, $13.2 million)
7.9 ppg, 6.8 rpg

32. Ronny Turiaf (three years, $12.5 million)
5.5 ppg, 4.0 rpg

30. Darko Milicic (one year, $7.5 million)
6.3 ppg, 4.8 rpg
29. Mike James (one year, $6.5 million)
8.6 ppg, 3.2 apg
28. Antonio Daniels (one year, $6.6 million)
4.4 ppg, 2.8 apg
27. Earl Watson (one year, $6.6 million)
6.0 ppg, 5.7 apg, 37% FG%
26. Tony Battie (one year, $6.3 million)
4.4 ppg, 3.6 rpg
25. Brian Cardinal (one year, $6.8 million)
2.0 ppg, 1.8 rpg
24. Etan Thomas (one year, $7.4 million)
3.1 ppg, 2.6 rpg
23. Mark Blount (one year, $8.0 million)
3.9 ppg, 1.8 rpg
22. Jerome James (one year, $6.6 million)
3.0 ppg, 1.5 rpg
21. Kenny Thomas (one year, $8.8 million)
0.8 ppg, 1.9 rpg
20. Bobby Simmons (one year, $11.2 million)
8.0 ppg, 4.4 rpg

19. Jason Kapono (two years, $12.9 million)
8.4 ppg, 2.1 rpg
18. Sasha Vujacic (two years, $10.5 million)
5.7 ppg, 1.6 apg
17. Daniel Gibson (three years, $12.5 million)
8.1 ppg, 38% FG%
16. Vladimir Radmanovic (two years, $13.4 million)
10.5 ppg, 4.0 rpg, 1.6 apg
15. Morris Peterson (two years, $12.2 million)

14. Marcus Banks (two years, $9.4 million)
2.7 ppg, 1.3 apg
13. Beno Udrih (four years, $26.7 million)
10.9 ppg, 4.3 apg
12. Marko Jaric (two years, $14. 7 million)

The list is literally endless. There is no reason most of these guys should be paid above 2-3 MM. I don't want to here anyone ever come out in support of a league where the guys take home 5MM on average annually.

You want to pay Durant, Kobe, Lebron, Wade, Duncan, Howard, Griffin that's all good. They get what they bring to the table. Hard work dedication and they put fans in the seats.


Good post MS.. as I have said, this whole thing is not about kobe, lebron,wade, nash, amare, Durant.. those guys are going to get paid.. period.. this is about the other 99% of players who feel they are entitled to huge salaries.. some who should not even be in the NBA and the others who are just fringe players... I have no problem with guys like lebron getting 20 mil a year... but do we need to give daniel gibson 4 mil a year? Kapono almost 7 mil a year to come in and throw up a few jumpers? come on.. this type of pay structure will kill the league... It is unsustainable... I mean the players are already getting their cut off the top, yet they feel they deserve the biggest cut? wow.. just wow!!!

Then GMs should stop giving those kind of guys those contracts. It's not rocket science.

so tell me what happens when that 57% BRI is not met? yup the owners have to write a check to the players... do you understand having as set % payable regardless of expenses is a bad model, and paying out at 57% is horrendous..

Anyone who sits around and waits for the lottery to better themselves, either in real life or in sports, Is a Loser............... TKF
tkf
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10/10/2011  11:43 PM
ItalianStallion wrote:
tkf wrote:
ItalianStallion wrote:
tkf wrote:
loweyecue wrote:I don't follow the owners are crap logic. I also don't see what a bunch of revenue numbers prove by themselves, like people have said you need to look at the bottomline, revenue is the top line. Ownwers are in it to make money they don'y owe anybody anything, least of all the fans. (I would rather if this was not the case, but reality is what it is).

Players do have something invested in it too, they have their entire careers and livelihood invested in it. It's not like they can make this type of money anywhere else.

Overall I think the players are extremely greedy and I hate guaranteed contracts the thing should be abolished forever. If all other sports can do without it then so can basketball.

I am sorry I have seen too many Eddy Curry, Jerome James on the bench matches to give a rats *** about players being abused by the system. I call BS on that idea.

Amen!!

You are still missing the point!

I am saying the same thing. There are other expenses and they are MORE FIXED! They cannot be cut nearly as easily. So it's not like a 50-50 split is actually a 50-50 split. The players salaries are massively more than the owner's profits no matter how you slice it up.

Ok so what is your point? pay them the 50+ % since the owners are losing anyway?

My point is that the correct way to evaluate a business is to look at how much money it makes relative to the amount of money invested in it. It's not enough to just be profitable.

If you invested 100m, you better be making 10m-15m profit.

If you invested 400m, you better be making 40m-60m profit.

By that standard, even some of the profitable NBA teams are probably lousy businesses.

They have to be fixed otherwise the smartest thing these owners could do liquidate some of the worst teams and shrink the league. That would be a disaster for players because there would be fewer NBA teams and players.

The owners have limited control over most of their non salary expenses. They have some control over player salaries in these bargaining periods. If the player's don't join the real world and agree to to terms that allow most of these teams to earn enough profit to make it all worth while for the owners, then they deserve what they get. I hope that means all the bad franchises are closed down and a bunch of players find themselves playing for peanuts or in the D league.

The players are in a great position.

They put up ZERO of their own money.

They make tons of money in salary.

Many get endorsement and other deals to supplement their salaries etc..

But they are crying when some owners have hundreds of millions of dollars invested and are losing money. I find it preposterous that anyone that understands business could have any sympathy at all for the players.



OK!! we are on the same page now.. I completely understand your point now.. My bad.. and I agree, as I have said before, owners want to make money, some will sacrifice losing money to win a ring, but no owner will want to lose money, lose games and lose franchise value... The players never lose... if lebron makes 25 mil one year, he will get 25 mil regardless of any expenses his owner incurrs.. if he makes 15 mil the next year, he still makes 15 mil.... he will make less than the year before, but never, will he "lose" money... some of these owners are losing money... Losing.. that is a problem... And no, using the excuse that owning a team is vanity, is a hobby, so they should not mind losing money.. that logic that some have used is ridiculous...

Anyone who sits around and waits for the lottery to better themselves, either in real life or in sports, Is a Loser............... TKF
tkf
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10/10/2011  11:46 PM
nixluva wrote:
TheloniusMonk wrote:Without the players no one shows up. No one cares. NBA is a ghost town. Case closed. Pay the men. Period.

Exactly!!! I also don't like this notion that the Players haven't invested in this enterprise. For one thing there's such a thing as Sweat equity and the players have that in spades! They sacrifice a lot to become good enough to be a Pro Baller. Not to mention the wear and tear on their bodies which is often irreversible. Owners only risk expendable cash, but not life and limb.

Both parties are invested. It looks like they're going to come up with a fair CBA in the end. However, MOST of the problem that the owners have is self inflicted. Take for example the MLE. There's no rule that you have to use it and yet how many owners have shot themselves in the face using the MLE for players that weren't worth it? That's not something you can blame on the players. How about the Max contracts given to NON Max players like Joe Johnson or even the Rudy Gay 5yr 82 mil contract extension? These teams didn't have make those deals. Players don't pay themselves, owners do.


sweat equity is fine, and they are payed well for that sweat, but unfortunately we live in a world in which you can't buy bentleys and Bimmers with sweat!!

Anyone who sits around and waits for the lottery to better themselves, either in real life or in sports, Is a Loser............... TKF
CrushAlot
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10/10/2011  11:50 PM
tkf wrote:
Bonn1997 wrote:
tkf wrote:
MS wrote:This thread is embarrassing. You can't list contracts and attendance and just trash the owners. TKF great point about the additional expenses that the owners have with state of the art training facilities, arenas, medical staff and accomadations. Not to mentioned employee salaries on top of the contracts.

At the end of the day just break down the Knicks the past 10 years

Marbury 20MM, Allan Houston 20MM, Francis 16MM, Jalen Rose 15MM, Eddy Curry 11MM, Tim Thomas 10MM, KVH 10M, Malik Rose 8MM Jerome James 6MM, Jared Jefferies 6MM

The NBA is filled with guys that sign long term deals and then come into camp without working on their games or their bodies in the offseason.

If you can make the alternative argument (IMPOSSIBLE) as to why that marginal guys in this league deserve contracts between 5MM-9MM.

36. Shane Battier (two years, $14.3 million)
6.7 ppg, 4.9 rpg

35. Jason Maxiell (four years, $20 million)
5.4 ppg, 3.9 rpg

34. Andres Nocioni (three years, $21.0 million)
10.5 ppg, 4.2 rpg, 41% FG%

33. Nick Collison (two years, $13.2 million)
7.9 ppg, 6.8 rpg

32. Ronny Turiaf (three years, $12.5 million)
5.5 ppg, 4.0 rpg

30. Darko Milicic (one year, $7.5 million)
6.3 ppg, 4.8 rpg
29. Mike James (one year, $6.5 million)
8.6 ppg, 3.2 apg
28. Antonio Daniels (one year, $6.6 million)
4.4 ppg, 2.8 apg
27. Earl Watson (one year, $6.6 million)
6.0 ppg, 5.7 apg, 37% FG%
26. Tony Battie (one year, $6.3 million)
4.4 ppg, 3.6 rpg
25. Brian Cardinal (one year, $6.8 million)
2.0 ppg, 1.8 rpg
24. Etan Thomas (one year, $7.4 million)
3.1 ppg, 2.6 rpg
23. Mark Blount (one year, $8.0 million)
3.9 ppg, 1.8 rpg
22. Jerome James (one year, $6.6 million)
3.0 ppg, 1.5 rpg
21. Kenny Thomas (one year, $8.8 million)
0.8 ppg, 1.9 rpg
20. Bobby Simmons (one year, $11.2 million)
8.0 ppg, 4.4 rpg

19. Jason Kapono (two years, $12.9 million)
8.4 ppg, 2.1 rpg
18. Sasha Vujacic (two years, $10.5 million)
5.7 ppg, 1.6 apg
17. Daniel Gibson (three years, $12.5 million)
8.1 ppg, 38% FG%
16. Vladimir Radmanovic (two years, $13.4 million)
10.5 ppg, 4.0 rpg, 1.6 apg
15. Morris Peterson (two years, $12.2 million)

14. Marcus Banks (two years, $9.4 million)
2.7 ppg, 1.3 apg
13. Beno Udrih (four years, $26.7 million)
10.9 ppg, 4.3 apg
12. Marko Jaric (two years, $14. 7 million)

The list is literally endless. There is no reason most of these guys should be paid above 2-3 MM. I don't want to here anyone ever come out in support of a league where the guys take home 5MM on average annually.

You want to pay Durant, Kobe, Lebron, Wade, Duncan, Howard, Griffin that's all good. They get what they bring to the table. Hard work dedication and they put fans in the seats.


Good post MS.. as I have said, this whole thing is not about kobe, lebron,wade, nash, amare, Durant.. those guys are going to get paid.. period.. this is about the other 99% of players who feel they are entitled to huge salaries.. some who should not even be in the NBA and the others who are just fringe players... I have no problem with guys like lebron getting 20 mil a year... but do we need to give daniel gibson 4 mil a year? Kapono almost 7 mil a year to come in and throw up a few jumpers? come on.. this type of pay structure will kill the league... It is unsustainable... I mean the players are already getting their cut off the top, yet they feel they deserve the biggest cut? wow.. just wow!!!

Then GMs should stop giving those kind of guys those contracts. It's not rocket science.

so tell me what happens when that 57% BRI is not met? yup the owners have to write a check to the players... do you understand having as set % payable regardless of expenses is a bad model, and paying out at 57% is horrendous..


I am pretty sure that if there is a season this year the split will be at 50-50 which many speculate is a true 47-53 in favor of the owners. However, it appears tonight at least that the sticking points were not about bri and were instead things that everyone involved thought could be worked out without incident. Some are suggesting, including a Berger source, that this cancelation of two weeks was inevitable by the owners.
I'm tired,I'm tired, I'm so tired right now......Kristaps Porzingis 1/3/18
tkf
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10/11/2011  12:03 AM
^^ wow, it seems like the owners want to hammer home a point....
Anyone who sits around and waits for the lottery to better themselves, either in real life or in sports, Is a Loser............... TKF
TheGame
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10/11/2011  4:04 AM
Nixluva - You should also add in the fact that the NBA's network deal is up for renegotiation in 2013 or 2014 and the league was scheduled for a $300 million increase. You add that up and you pretty much wipe out any losses these teams supposedly had.

The real problem is that there is no meaningful revenue-sharing in the NBA. The luxury tax system is the only pseudo revenue-sharing plan. If Stern would have demanded that teams like the Knicks and LA share some of their TV deals, the numbers would work. Jurry Buss of the Lakers has like a $100 million a year TV deal that he does not have to share with anyone.

THe deal was there to be had. THe players would have agreed to a 52% BRI. The league adds $2-$3 million to the small market teams through revenue-sharing with the larger markets, you get a new TV deal in 2 years that will add about $10 million per team in new revenue, and the players reduce their BRI figure to 52%, which would have created about an additional $10 million in revenue per team. THat is roughly $23 million in added revenue per team. You increase the luxury tax to $2 for every $1 dollar, you reduce contraces to 5/4 years, and you lower the MLE to $4 million. There is no way any well-managed team cannot make profit under this system.

Trust the Process
nixluva
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10/11/2011  4:14 AM
TheGame wrote:Nixluva - You should also add in the fact that the NBA's network deal is up for renegotiation in 2013 or 2014 and the league was scheduled for a $300 million increase. You add that up and you pretty much wipe out any losses these teams supposedly had.

The real problem is that there is no meaningful revenue-sharing in the NBA. The luxury tax system is the only pseudo revenue-sharing plan. If Stern would have demanded that teams like the Knicks and LA share some of their TV deals, the numbers would work. Jurry Buss of the Lakers has like a $100 million a year TV deal that he does not have to share with anyone.

THe deal was there to be had. THe players would have agreed to a 52% BRI. The league adds $2-$3 million to the small market teams through revenue-sharing with the larger markets, you get a new TV deal in 2 years that will add about $10 million per team in new revenue, and the players reduce their BRI figure to 52%, which would have created about an additional $10 million in revenue per team. THat is roughly $23 million in added revenue per team. You increase the luxury tax to $2 for every $1 dollar, you reduce contraces to 5/4 years, and you lower the MLE to $4 million. There is no way any well-managed team cannot make profit under this system.

Also remember that the NBA bought the Hornets for $300 Mil and refused to sell to Larry Ellison for $350 mil. Stern did that to help show bigger losses. They've done these kinds tricks in different ways to show a huge loss even tho revenues and tv viewers went up!

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10/11/2011  7:53 AM
did NBA also pay off or assume Hornets Debt? Ellison tried to buy the Warriors also. HE wants to move a team to San Jose.

Don't think the NBA wants to Move the Hornets quite yet.

NObody can tell you how much to sell your house or car if its on the market. Going rate for teams is $400 million plus.

Thats the rate. The NBA protects its owners.

Do you understand when the league buys a team it is the other owners who put up the money to do so?

Clippers owner Sterling has been known for running a tight ship. He has paid the team off and the last few years has been spending money since retiring most of the debt. ITs his team, he can do what he wants with it and fans either show up or not.

Bottom line is the bottom line.

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10/11/2011  8:23 AM
tkf wrote:
nixluva wrote:
TheloniusMonk wrote:Without the players no one shows up. No one cares. NBA is a ghost town. Case closed. Pay the men. Period.

Exactly!!! I also don't like this notion that the Players haven't invested in this enterprise. For one thing there's such a thing as Sweat equity and the players have that in spades! They sacrifice a lot to become good enough to be a Pro Baller. Not to mention the wear and tear on their bodies which is often irreversible. Owners only risk expendable cash, but not life and limb.

Both parties are invested. It looks like they're going to come up with a fair CBA in the end. However, MOST of the problem that the owners have is self inflicted. Take for example the MLE. There's no rule that you have to use it and yet how many owners have shot themselves in the face using the MLE for players that weren't worth it? That's not something you can blame on the players. How about the Max contracts given to NON Max players like Joe Johnson or even the Rudy Gay 5yr 82 mil contract extension? These teams didn't have make those deals. Players don't pay themselves, owners do.


sweat equity is fine, and they are payed well for that sweat, but unfortunately we live in a world in which you can't buy bentleys and Bimmers with sweat!!

Certain people refuse to believe in a real world. In entitlement fairyland, if you wear out your joints prematurely while playing a sport at the highest levels, you should be given the entire earth, possibly with a 58% cut of the universe.

And again, the players are playing in little venues, and I hate to point this out to all you jock sniffers, but there seem to be ALOT of empty seats shown in the highlight pics of these events.

Without the league and the owners and THEIR buildings and THEIR infrastructure, there is no NBA. In case you forgot, it's the National BASKETBALL Association, not the the Notional PLAYERS Association. Case closed. Comma. Accept your pay and get back to "work". Period. End of sentence.

Bonn1997
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10/11/2011  8:54 AM
Case closed. Comma. Accept your pay and get back to "work". Period. End of sentence.

Who are you trying to convince at this point? You sound as if you think the Players Association is reading and going to obey your posts.
jrodmc
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10/11/2011  9:00 AM
TheloniusMonk wrote:Without the players no one shows up. No one cares. NBA is a ghost town. Case closed. Pay the men. Period.

Mr. Monk, who sounds like the owners are reading and are going to obey his posts. Equal time. This is America, after all.

Andrew
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10/11/2011  9:10 AM
Bonn1997 wrote:
Andrew wrote:The problem with the arguement that owners should just not sign players to those bad contracts is the following. Even with all of those bad contracts, the owners didn't pay the players enough last season according to the current BRI split. This is why that percentage is such a huge deal for them. As the number of dollars required to produce a certain level of revenue has risen, the owners profit has dropped, but they are still required to guarentee the players money, and possibly even more money than the players are actually signed for.

If the owners didn't pay the players enough last year, that must mean basketball-related income was higher than expected, right? Then the owners have even less of an excuse for (supposedly) losing money.

No, it means that they didn't give out enough contracts to meet the minimum dollar amount.

PURE KNICKS LOVE
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10/11/2011  9:30 AM

"The problem at hand need be solved with a higher level of thinking than which it was created"- Albert Einstein
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10/11/2011  9:44 AM
‘There is no free lunch, and only God has the resources to put in what was needed to get what we’ve got.’ - John Polkinghorne
Nalod
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10/11/2011  10:24 AM

Hockey for years was run ignorant. Owners were foolish. They expanded too much and became addicted to the fees new franchises paid by driving up salaries and stacking. All without a national TV contract!

The reality exists that there are no stars in Hockey. Ovechkin and Crosby and thats about the face of the league.

Whose fault was it? The owners!

Who benefited from bloated contracts?

The players.

was it sustainable? No.

Who says?

The owners.

Who benefited from NBA stupidity the last 10 years?

The players.

Is stupidity sustainable? No.

Whats a stupid owner to do?

Lower salary!

Whats the perception?

Players are losing its money.

Whats the reality?

Owners have the control.

Whats the players reality?

They can play elsewhere for less.

Or, Start their own league.

ItalianStallion
Posts: 20196
Alba Posts: 2
Joined: 2/22/2009
Member: #2526

10/11/2011  10:27 AM
Sweat equity, education, job skills etc... if what gives you the opportunity to get a job at a PROFITABLE COMPANY. But profits for the owner come first because he has money invested and could easily put it somewhere else to make more. If the owner is losing money he has every right to ask employees for a pay cut in order to try to make the company profitable enough to justify continuing to own the business. If he can't get the pay cuts, he as every right to close the business altogether and then everyone is out of a job. Business is not like government welfare, food stamps, medicaid etc... The bottom line is the bottom line and there's no free lunch.
Owners are full of Crap!

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