Thursday, September 15, 2011

Standstill so far yet with NBA

NBA owners continue to crunch the numbers.
Derek Fisher, Lakers guard and Union President,
suggested the season is in doubt of starting
on time as it ought to. He and Players Association
Executive Director Billy Hunter appeared rather
downcast after last Tuesdays meeting with the Lakers
owners. The talk about town is that there seems to be
a whole lot of posturing going on and part of the ploy
evidently is the huge salary Lakers Kobe Bryant receives.
He pulls in a payday of $24 million. Evidently some of
the teams showed some big losses. Right now it stands at
owners getting a 43% gain whereby the players get 57%.
Naturally the players are unwilling to give up their
bigger share because it would mean rolling back their
salaries. Keep in mind of the BRI also. This stands for
basket-ball related income, or all the money the teams
and their players generate from ticket sales, radio and
TV rights fees, parking and concessions, along with
anything else that fills the coffers of the leagues 30
teams. Right now, the owners would certainly like to see
the numbers ratio reversed so that they could gain firmer
financial footing. In fact, there are a handful of owners
that are believed to be willing to forgo a season of playing
in order to make their points be taken seriously and have
the % numbers reversed feeling then they would be getting
a fairer share. That, of course, would mean a victory for
the owners. Meantime, we spectators sit, wait and watch
the sports news to see what on earth just might happen.
Hope to see you at the game 2011.
Babs Wells

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