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Stern says NBA projects $400 million in losses
NBC ^ | 2/13/2010 | AP

Posted on 02/13/2010 7:07:05 PM PST by tobyhill

David Stern said Saturday the NBA is projecting league-wide losses of about $400 million this season and has lost hundreds of millions in each previous year of the current collective bargaining agreement.

The commissioner said it has shown the players’ association those numbers in hopes of demonstrating why the league feels it needs “significant changes” in the next deal.

The NBA’s first proposal for a deal to replace the one that expires on July 1, 2011, was thrown out Friday after what players association director Billy Hunter called a “contentious” 90-minute meeting. Hunter said the proposal called for harsh changes that would affect every NBA player.

(Excerpt) Read more at nbcsports.msnbc.com ...


TOPICS: Extended News; News/Current Events
KEYWORDS: davidstern; nba; nbabusiness; nbamoney; nbaunion; nobargain; stern; unions
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To: tobyhill

NBA is too expensive for me and other lower middle class (35K/year) workers.


21 posted on 02/13/2010 7:22:32 PM PST by Falconspeed ("Keep your fears to yourself, but share your courage with others." Robert Louis Stevenson (1850-94))
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To: puppypusher
...july 2011...

Isn't that when the NBA playoffs stsrt that year? LOL

22 posted on 02/13/2010 7:22:32 PM PST by 386wt
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To: puppypusher
NBA is all wrestling.... phantom fouls, protected "stars", travelling/palming the ball and point shaving.. the funniest is when the refs bets and a couple or player's bets are on opposite sides of the spread and the over and under... that's why it takes 20 minutes to play the last 30 seconds.. everybody has to make sure they cover their bets....

The last game I watched was over 20 years ago... Football is getting to be the same.

Notice how many convenient pass interference, holding and roughing the passer calls go with the team that "should" win. The NFL has become a politically connected "entertainment" .... in other words ...like Hollywood. I find college ball better, especially the NCAA basketball tourney.

23 posted on 02/13/2010 7:23:11 PM PST by erman (Our President-A modest man, who has much to be modest about.)
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To: tobyhill
Make the basket 12 feet high so strategy comes back into the game instead of basically a dunking contest. I might watch a game or two
24 posted on 02/13/2010 7:23:24 PM PST by Popman
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To: buccaneer81
The NBA died when Bird left and Jordan arrived.

Kind of hard to substantiate since their careers overlapped.

25 posted on 02/13/2010 7:23:35 PM PST by Charlemagne on the Fox
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To: 386wt
...july 2011... Isn't that when the NBA playoffs stsrt that year?

No. That's when the 2010 playoffs end.

26 posted on 02/13/2010 7:24:25 PM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all. -- Texas Eagle)
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To: tobyhill

That is to cynical even for me, millions of small decisions end up totaling up in each persons life, offering charity won’t change the product of those decisions.


27 posted on 02/13/2010 7:25:07 PM PST by padre35 (You shall not ignore the laws of God, the Market, the Jungle, and Reciprocity Rm10.10)
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To: castlegreyskull

Dallas Mavericks’ Josh Howard disrespects national anthem

http://www.dallasnews.com/sharedcontent/dws/spt/stories/091708dnspomavslede.112d818.html

This is what a majority think about the country that gave them the opportunity to make millions.


28 posted on 02/13/2010 7:25:36 PM PST by tobyhill
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To: tobyhill

Would it be to much to hope the league would go out of business? Think of all the time that would be freed up on sportscasts to cover interesting sports that weren’t designed by somebody who was obviously on acid.


29 posted on 02/13/2010 7:25:38 PM PST by Minn (Here is a realistic picture of the prophet: ----> ([: {()
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To: canuck_conservative

I used to enjoy the NBA, that was before the gambling scandals among the Refs, and the wimpifying of contact, and the “no charge” lane under the basket to make dunking easier, and before George Shinn sold the players off then moved the team to NOLA and before it corrupted the NCAA and..


30 posted on 02/13/2010 7:28:12 PM PST by padre35 (You shall not ignore the laws of God, the Market, the Jungle, and Reciprocity Rm10.10)
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To: tobyhill

Cry me a river. The NBA is more fixed than pro-wrestling. You reap what you sow, Stern.


31 posted on 02/13/2010 7:28:59 PM PST by Proud_USA_Republican ("The problem with socialism is that you eventually run out of other people's money.")
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To: erman

At least Pro Wrestling makes no pretense to what it is, the NBA is worse in that it is treated legitimately, I’d lump pro wrestling in with the NBA when the latest “world champ” wins the belt online or in the local paper..


32 posted on 02/13/2010 7:29:56 PM PST by padre35 (You shall not ignore the laws of God, the Market, the Jungle, and Reciprocity Rm10.10)
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To: tobyhill

My interest ended with the 1977 Washington Bullets.


33 posted on 02/13/2010 7:31:03 PM PST by OldPossum
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To: tobyhill

Play some traveling music, maestro. The NBA can’t sustain itself.


34 posted on 02/13/2010 7:31:29 PM PST by RGSpincich
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To: Minn

I’ve hoped for a long time for the NBA to go out of business. These clowns are not role models, they are thugs that refuse to change their ways despite the opportunities that have been given to them.


35 posted on 02/13/2010 7:31:47 PM PST by tobyhill
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To: tobyhill

Too many shots of Jack Nicholson looking “cool” and “distant” while Billy Crystal looks pathetic cheering for the Clippers.


36 posted on 02/13/2010 7:31:55 PM PST by InvisibleChurch (happily replying to threads without reading the articles since 2002)
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To: tobyhill

I hope they go broke along with the steroids NBL and NFL especially after the NFL punked Rush. Ditto the PGA covering up for steriods/HGH Tiger.


37 posted on 02/13/2010 7:32:02 PM PST by Frantzie (TV - sending Americans towards Islamic serfdom - Cancel TV service NOW)
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To: Charlemagne on the Fox
Kind of hard to substantiate since their careers overlapped.

True, but it took a few years of that overlap to see where the NBA was heading. They abandoned us white, middle class working folk and went after black hip hop types. They even relaxed the rules to appeal to a lower level of fans. Traveling and carrying the ball were made into art forms by Jordan.

38 posted on 02/13/2010 7:32:09 PM PST by buccaneer81 (ECOMCON)
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To: Frantzie

The NHL is still the cleanest league in North American sports.


39 posted on 02/13/2010 7:33:27 PM PST by buccaneer81 (ECOMCON)
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To: tobyhill

The NBA made a decision years ago to try and attract the inner city gangsta types as fans. What they forgot was it was the middle class suburbanite who paid the bills. They ran these people off and now they have no one interested in the NBA or willing to pay the exorbitant prices for the tickets and gear.

Here in Indianapolis we had a great franchise with players who not only played well, but were loved by the community. They were replaced by thugs who regularly shot up the local gangsta bars and actually had a running gun battle through downtown which is something that just doesn’t happen here. Now they are lucky to get 5,000 people at the 17,000+ Conseco Fieldhouse.


40 posted on 02/13/2010 7:33:33 PM PST by redangus
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