Perhaps they should reconsider the "demographics" as well
Commissioner David Stern, Deputy Commissioner Adam Silver comment on
league's finances and CBA negotiations, as an owner tells Ken Berger of
CBSSports.com that some progress was made at NBA Board of Governors
meeting.
Posted by Matt Moore
http://eye-on-basketball.blogs.cbssports.com/mcc/blogs/entry/22748484/28549742
During the press conference following the NBA Board of Governor's
meeting, NBA Commissioner David Stern and Deputy Commissioner Adam
Silver commented on the ongoing CBA process. Stern said they expected
$300 million in losses this season, which is a rise in revenue from last
year's $340 million loss, but still "nothing to be proud of" Silver said.
That's still, you know, $340 million in losses. Silver told reporters
in response to a question from our own Ken Berger that most of the loss
came from non-gate revenue, as gate receipt numbers were actually up
this season.
Most striking was Silver's comment that 22 of the 30 NBA teams posted a
loss this year, with only eight making a profit. I'll let you figure out
which teams are those eight. (Hint: Look at the big cities on the
map.)
An owner told Ken Berger of CBSSports.com
that there was "progress" on revenue sharing and their stance towards
the NBPA, but of course, no plan in place. "It's early" as the old
chestnut goes. Stern also made mention of the progress on revenue
sharing and revealed that the owners would, in the next few weeks,
finally send the players' association a counter proposal, which they
have not done since late 2010. The owners refused to respond to the
NBPA's last proposal with one of their own until now, though discussions
have been held regarding the players' proposal in meetings. Silver
commented that the league felt there are "other ways to reach the same goal" in regards to the counter-proposal.
The lockout situation looks better today than it did yesterday, the Kings' staying in Sacramento looks better, and the Pistons sale will be approved in the next few months. Maybe doomsday isn't around the corner after all.
Commissioner David Stern, Deputy Commissioner Adam Silver comment on
league's finances and CBA negotiations, as an owner tells Ken Berger of
CBSSports.com that some progress was made at NBA Board of Governors
meeting.
Posted by Matt Moore
http://eye-on-basketball.blogs.cbssports.com/mcc/blogs/entry/22748484/28549742
During the press conference following the NBA Board of Governor's
meeting, NBA Commissioner David Stern and Deputy Commissioner Adam
Silver commented on the ongoing CBA process. Stern said they expected
$300 million in losses this season, which is a rise in revenue from last
year's $340 million loss, but still "nothing to be proud of" Silver said.
That's still, you know, $340 million in losses. Silver told reporters
in response to a question from our own Ken Berger that most of the loss
came from non-gate revenue, as gate receipt numbers were actually up
this season.
Most striking was Silver's comment that 22 of the 30 NBA teams posted a
loss this year, with only eight making a profit. I'll let you figure out
which teams are those eight. (Hint: Look at the big cities on the
map.)
An owner told Ken Berger of CBSSports.com
that there was "progress" on revenue sharing and their stance towards
the NBPA, but of course, no plan in place. "It's early" as the old
chestnut goes. Stern also made mention of the progress on revenue
sharing and revealed that the owners would, in the next few weeks,
finally send the players' association a counter proposal, which they
have not done since late 2010. The owners refused to respond to the
NBPA's last proposal with one of their own until now, though discussions
have been held regarding the players' proposal in meetings. Silver
commented that the league felt there are "other ways to reach the same goal" in regards to the counter-proposal.
The lockout situation looks better today than it did yesterday, the Kings' staying in Sacramento looks better, and the Pistons sale will be approved in the next few months. Maybe doomsday isn't around the corner after all.
