d-train wrote:You are the one making an incorrect assumption. I didn't forget about anyone getting a piece of the 43% when I labeled them no-talents. All the people doing the jobs you listed including the owners are the no-talents. The talent the NBA peddles is basketball. People buy tickets and related products because the talent of the players is a valuable commodity. As a matter of fact, the value of basketball talent in the entire equation is so overwhelming it is believed that an artificial cap must be placed on the amount of money that can be paid to players or else the NBA would spend itself into oblivion.
As to the financial condition of the NBA owners, the only way they can lose money is if they are incompetent and should lose money. Each owner is responsible for the business model that either makes a profit or generates a loss. And, the so-called losses only amount to paper losses from deferred earnings when they sell their franchises.
The only change that should be made to the CBA is the artificial cap placed on the market value of player talent should be removed. It is an unnecessary financial gift to owners that unjustly inflates the value of their franchises.
If half the teams are losing money, do those owners somehow owe it to the masses to be philanthropists, and continue to lose money to peddle "nba talent" out to the masses. And what is "nba talent", it's just entertainment, like movie actors. It's show business.
If you were producing a TV show with the funds from your own pocket, and the actors were demanding so much money that it would be nearly impossible to make a profit, and very likely that you'd be losing a lot of money, what would you do?
A. Pay them what they want, because they have the "talent"
B. Cancel your show
C. Try and negotiate a deal that would allow the show to continue without you losing money?