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NBA Lockout Enters "Nuclear Winter" by David Friedman in our Friday eBA Press Clippings

11/11/11

NBA Lockout Enters "Nuclear Winter" by David Friedman in our Friday eBA Press Clippings

Friday Press Clippings:
NBA Lockout Enters "Nuclear Winter"

Basketball Statistician's Friday Press Clippings
From 20 Second Timeout
By David Friedman
Download source here: ' NBA Lockout Enters "Nuclear Winter" ' by David Friedman

"... The NBA lockout entered uncharted territory today when the Players Association rejected the league's Collective Bargaining Agreement (CBA) proposal. Players Association Executive Director Billy Hunter and Players Association President Derek Fisher did not submit the league's offer to a membership vote but instead, after consulting with various lawyers and agents, decided unilaterally to end the collective bargaining process and declared their intention to disclaim interest; decertification, the option the media focused on, is a lengthier process than disclaimer, which is effective immediately. ..."

"... What this means for the fans is simple: it is very unlikely that there will be a 2011-2012 NBA season. This should not shock anyone who has followed this situation; the NBA lockout has proceeded much like I predicted it would months ago when I said that it would last "until the owners and players agree to fundamentally restructure the league's failing business model." ..."

"... It is interesting that many mainstream media commentators have completely taken the players' side. I understand the argument that the players create a lot of value with their unique talents and thus deserve to be highly compensated and I also understand that some people are skeptical of the NBA's accounting (or of accounting methods in general) but it is mystifying that some people apparently believe that the NBA owners should operate under a business model which results in them losing money or that the owners should be obligated to pay out well over 50% of their revenues when they are not making a profit. ..."

"... The players and their media sycophants keep saying that the players cannot be expected to "give back" any more money to help the owners. Not only does this assertion indicate a failure to understand the collective bargaining process--the players are not "giving back" anything but rather negotiating a new CBA in the wake of the expiration of the previous CBA--but it fails to acknowledge the reality of the economic situation. ..."

"... If the players are not willing to sacrifice their "guaranteed profitability" then they are in no position to criticize the owners--each of whom has invested substantial capital--for wanting to correct a business model that resulted in two thirds of the teams not being profitable. Another unreasonable expectation that the players have is that in addition to their "guaranteed profitability" they also want to have tremendous freedom to go to any other team. ..."

"... I fully realize that the NBA will never adopt the tiered system mentioned above but the point is that what the players are asking for is completely out of touch with reality. They don't seem to understand that millions of Americans are struggling to just get by and that it is unseemly to force the NBA to cancel the season because NBA players can't feed their children on $8 million per year. ..."

"... Taking the players' side in this dispute means believing the following things:

1) The NBA has a healthy business model even though the San Antonio Spurs--arguably the best managed team in the league, if not all of professional sports--are losing money (according to Forbes the Spurs lost $4.7 million in 2009-10, the last season for which complete data is available).

2) An agreement that would result in an average annual salary of $8 million per year is tantamount to enslaving the NBA's players. ..."

Read more articles in 20 Second Timeout.

To read today's 'Press Clippings' in Spanish,
click this week above on the 'Español' tab or afterwards click here:
' El juego de transición posicional en el baloncesto ' by Dianelis Ramirez Guanche.



Friday Video Clippings:
REJECTED



REJECTED

REJECTED by Don Hertzfeldt is a 2001 Academy Award nominee for Best Animated Short.
It has since been bootlegged on the Internet one thousand bazillion times.


To watch today's 'Video Clippings' in Spanish,
click this week above on the 'Español' tab or afterwards click here:
' Regaré con lágrimas tus pétalos ' Premio Goya 2004 !.

'Press and Video Clippings'
is a Series of Notes edited the 2nd. & 4th. Friday of Every Month

To Read ALL the Clippings in this Series, click here: Categories > Contents Online


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