By now I know you are aware that the NBA Owners locked its players out last week. What most may not know is that the league is running strong and damn sure profitable. While listening to all the current reports about how many millions the league lost or that 23 team’s lost money this season-See Milwaukee Bucks-. I had to offer my opinion about this topic. But, first I must quote Mr. Empire of State himself Jay-Z, “men lie, women lie numbers don’t”. Using that line as a guild your eyes might blink twice as mine did after viewing the numbers.
This chart, cited in Nate Silver New York Times article, highlights the NBA Financial Performance from 1989-2010
Okay, okay it might not make a whole lot of sense to you. Allow me to clear it up for you it comes down to Billionaire looking to make more money while spending less. Business class one on one people! I honestly feel like the NBA got big too fast, just think in the 70’s and early 80’s no one cared about this game, let alone the money Owners and Players were making. I thank Bird, Magic, and Jordan and now Kobe, Lebron, and Wade who brought more eyes to the game which meant more dollars. Now the Owners want to capitalize from it even more. Scary thought, the entire season might be lost. Word of advice to the both parties involved-- be careful what you ask for you just might get it “mo money mo problems” Biggie Smalls said it best… Until next time live out your DREAMS with some Determination, put forth Real Efforts and given your Abilities; Mean you will have Success.
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