Posted on 11/01/2020 4:59:04 PM PST by dynachrome
The NBA, however, fears that starting the season even in January could cost the league anywhere from $500 million to $1 billion in lost revenue, according to ESPN.
Now, a multibillion dollar entity like the NBA might normally be able to weather losses even that substantive, if only for a year.
RELATED: NBA Legend Named Special Reserve Sheriff's Deputy
Things get a little hairier, however, when factoring in the great unknown of when fans will be allowed back en masse. Without that vital gate revenue, ESPN noted that projections have the NBA losing another $4 billion.
That’s a potential loss of up to $5 billion in revenue if the season starts in January and fans are not allowed to attend. That massive figure, even for a multibillion dollar entity, would be a very painful and bitter pill to swallow.
The Players Association’s reluctance to start the season early is particularly confounding given the very dire consequences those revenue losses could have on the NBA players.
As ESPN pointed out, the current collective bargaining agreement includes a 50-50 revenue split between the players and the league. A massive drop in revenue would mean a steep drop in player salaries.
While some players with exorbitant salaries, such as LeBron James, John Wall and Chris Paul, would still collect a hefty chunk of change, players on rookie-scale deals or making the league minimum might not be as amenable to those depressed salaries.
So it as simple as going woke and then going broke?
Much like with anything else in life, no, it’s not that simple.
But at the very least, the NBA might want to significantly rethink its strategy of engaging in hyper-partisan politics and alienating its fans.
(Excerpt) Read more at westernjournal.com ...
We don’t need them, they need us. Arrogance will not let them see that.
Let them all go to Europe and play in one of the European leagues. I won’t miss them.
This is music to my ears. The Lakers won the World Championship and I couldn’t have cared less. I have realized there are other things to spend time on.
They can shove those basketballs right up where the sun don’t shine. Thanks alot for destroying a sport that I used to enjoy, you spoiled brats.
May the NBA disappear from our Nation forever.
Why hasn’t anyone said they should go to China to get their fortunes. Maybe the KKKommies in China will allow them to force BLM or whatever the politick du jour is down their throats. But then again China has those “summer camps” to make everyone and their family an all around good citizen.
The big stars like Lebron and Seth Curry will continue to get hundreds of millions of yuan from the Communist Red Chinese for their shoe contracts (shoes built by slave labor). But the average fringe NBA player and rookie will be getting contracts that remind everybody of the pre-Magic and Bird era.
Just go ask your ChiCom masters for a few bucks to see you through.
The bling manufacturers are going to take a hit.
If the NBA commissioner and super talented basketball players continue to hate America and Americans they may find their paying American customers may quit paying. LeBron said the NBA is a global enterprise so the prima donnas should just leave America, the country they hate, and find a better country.
If the NBA commissioner and super talented basketball players continue to hate America and Americans they may find their paying American customers may quit paying. LeBron said the NBA is a global enterprise so the prima donnas should just leave America, the country they hate, and find a better country.
Reap what you sow bitches!
Then again, I’m insulting bitches.
LOL
The new league, let's call it ABA. Use red, white and blue ball. All the coaches should be from Europe. We should get their best players too. Of course, Americans can play but the ones that just came out from college. They'll have no choice but to adapt.
Overpaid NBA players like LeBron James? Their style of play is no longer interesting, my opinion.
Can we bring back the original Maya and Classic Veracruz version of the MesoAmerican ballgame played in El Tajin and Chichen Itza. Then these players would be more worried about something else.
lots of tears among the purveyors of expensive illegal drugs......
Stick that where the sun don’t shine, LeBronte.
The exposure of their huge ties to China and the calling of their fans racist and honoring criminal thugs on the court have led to their downfall.. good riddance.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.