OT: NBA losing $400 million this year

Discussion in 'Portland Trail Blazers' started by mook, Feb 15, 2010.

  1. BlazerWookee

    BlazerWookee UNTILT THE DAMN PINWHEEL!

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    "The League" or "All The Teams In The League Combined?"
     
  2. Minstrel

    Minstrel Top Of The Pops Global Moderator

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    Hello darkness, my old friend
    Just to be clear, I think you misunderstood what I meant by my "as a veteran" phrasing. I didn't mean he deserves more due to his veteran status. What I meant is that, as a veteran, he got to be an unrestricted free agent and let the market determine his worth.

    As opposed to players on rookie contracts, who are locked into contracts well below what they'd be paid on the open market.
     
  3. OddEnormous

    OddEnormous I'M FLYING!! I'M FLYING!!

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    Or themselves.

    By the way, now seems the perfect time for me to mention that I think the guys who make the fluffy stuff that goes in couches are grossly over paid.

    And don't get me started on the guys who operate the machines that create the threading on screws.

    :mad:
     
  4. handiman

    handiman Well-Known Member

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    Since when is the NBA the marketplace at large? This is real world, not a textbook.
     
  5. Minstrel

    Minstrel Top Of The Pops Global Moderator

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    Hello darkness, my old friend
    It's not. That was my point. I don't feel sympathy for owners not being able to artificially constrain the marketplace as much as they'd like.

    That simply makes no sense. I wasn't talking about academic exercises, I was talking about the real world market. You know, the ones companies actually exist in, in the real world.
     
  6. handiman

    handiman Well-Known Member

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    Look at it this way, if your assumptions held true, the NBA would not be in such a supposedly dire situation. That should be proof aplenty that you need to revisit your reasoning.
     
  7. Minstrel

    Minstrel Top Of The Pops Global Moderator

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    Hello darkness, my old friend
    It means NBA owners need to run their businesses responsibly, like all other business owners, rather than tossing business principles out the window and looking for artificial constraints to rein themselves in.

    Look at it this way, if your assumptions held true, no industries would be able to function without artificially capping all worker salaries and all goods that they use, which is clearly not the case. That should be proof aplenty that you need to revisit your reasoning.
     
  8. oldmangrouch

    oldmangrouch persona non grata

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    Guys, reality check time.

    $400 million spread over 30 teams comes to $13.33 million each. That is less than a single max contract per team.

    This is worth a lock-out?
     
  9. handiman

    handiman Well-Known Member

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    Clever comeback, but I already said that the NBA does not fit "marketplace at large" examples. Try again. The entertainment industry is well known in economic circles to follow a much different formula than typical supply and demand.
     
  10. Minstrel

    Minstrel Top Of The Pops Global Moderator

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    Hello darkness, my old friend
    And I already pointed out that does nothing to contradict what I said. My entire point was that the NBA is not following the "marketplace at large" format. My point is that it should be.

    Again, you're confused about my point. I'm not saying it does. I'm saying it should. What is your reasoning for why it can't follow typical supply and demand principles?
     

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