A Response To “NBA Contract Talks Break Down”
Tuesday, February 28th, 2012As reported, a significant number of teams are loosing money. The owners have provided the players with income tax returns and audited financial statements as proof of the league’s contentions. The players do not apparently understand basic economics. The owners, no matter how wealthy, are going to loose money indefinitely without changing the economics of their business. The players are receiving poor advice god and will suffer for an extended period of time until they can not take the loss of salaries any longer. The fans will suffer until this is resolved. The players are unlikely to win, nor should they!