Some thoughts about the lockout...
Owning an NBA team is a privilege and a franchise. If you own a Subway
restaurant or McDonalds, the corporation (NBA) may demand more money if the
company wants to sell its wares using the NBA logo or any logo. Wealthy teams
should kick in more money to support the franchise. If they don’t, they should
If an NBA franchise does not meet business goals (22 out of 30 teams), they
should be forced to sell their team to another city that can meet business
goals. The players are a product just like a sandwich or cheeseburger. It is up
to the owners to make their franchise successful. A failing franchise should
not be bailed out by the players if prudent business decisions are not
If an NBA team is not making money, it should be sold off. Subsidies can only
go so far.
According to Wikipedia: “According to the NBA, 15 of the 29 teams posted losses
that season (1998).” Teams that are performing poorly are blaming the players
for their failures. This is bad business.
The new CBA needs to include an arbitration agreement where a retired judge or
a mediator would sort out any future disputes. There is too much to lose for
the fans, employees, advertisers, etc to NOT HAVE an NBA season. Can we move a
team to Seattle or Las Vegas?
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