Wednesday, July 6, 2011

NBA Lockout


The more I think about the NBA lockout, the more I laugh and then almost cry (not literally, but I’ll be pissed if we miss any of this season). I was reading a couple of different sites, and the request from the owners seems to stem out of their bad decisions. Now, the owners want reform! But, they want to reform themselves. It also appears like the owners are outright bullshitting. So, in order for an NBA season, we have to hope the owners save themselves from … themselves.

From what I read a major problem with the current collective bargaining agreements is bad contracts. The Eddy Curry (or Sandman) example is constantly referenced and for good reason. Eddy had made 31 million over the course of the past three seasons and apparently, only played in 10 games. Also in those ten games, he wasn’t effective. The reasons behind Eddy’s failure to produce are due in part to his physical conditioning. Clearly this was a bad contract. The argument is put forth by the owners that contracts like Eddy’s, or Gilbert Arenas, is that they are stuck paying millions for long term deals for players who do not produce. Now, the funny thing about this “complaint” is that it is the owners who create the contracts they are complaining about! Nobody held a gun to James Dolan’s head and told him to give an overweight, unproven center millions. If Dolan overpaid, let him live with the consequences of being a bad owner and manager. On the other hand, Buss is not complaining about having to pay Kobe millions because he got the return on his investment. It’s called a business and there are no guarantees. If you want to help increase the probability that you make a profit, don’t make bad decisions!

Now, to the underlying issue… the owners are saying that only a few teams are profitable. I call bull shit! Granted I haven’t seen the books, but I’m inclined to believe the players that some of owners are hiding some of their revenue and inflating some of the costs. NBA games sell out on a regular basis, even in small markets, not to mention merchandise, and what TV and Cable Stations pay the NBA to broadcast the games. How many billion is collected in revenue from that? Also, I find it hard to believe that teams have been not making a profit for years. If they weren’t making a profit, did they run the teams out of charity? To entertain us? Bull! To steal a line from Uncle Junior from the Soprano’s this is clearly the case of a woman begging for food while holding a Virginia ham under her arm.

The owners need to be willing to budge, because, unfortunately, I like watching basketball, and they are clearly bullshitting. If the players make some concessions with their salaries, I guess the owners should have to learn to be better decision makers if they want to make a profit.

3 comments:

Max said...
This comment has been removed by the author.
Anonymous said...

Good post.

I agree about the owners and the contracts. I don't know, though, about the bullshitting - it is possible many teams are operating at a loss.

As Homer Simpson said, "Don't ask me how the economy works." Maybe it is bullshit - I don't know.

Anonymous said...

http://www.grantland.com/story/_/id/6749669/if-ruled-nba-world

Bill Simmons just broke this shit down.