Go Woke, Go Broke? NBA Reportedly Facing Billions in Losses, Steep Decline in Player Salaries
Bryan Chai
For obvious reasons, 2020 has been a bizarre year for sports.
The stark lack of fans at games, the various “bubble” environments to try and mitigate the spread of c****av***s, and the awkward rescheduling forcing leagues to play much later in the year than normal have all contributed to a sports year that fans won’t soon forget.
But one major aspect of 2020 professional sports that fans might want to try and forget is the deluge of “woke” social justice protests that have proliferated the major three North American professional sports leagues.
While both MLB and the NFL had their own bouts of social justice demonstrations, no sports league tapped into those protests more than the NBA.
Yes, the NBA had a dissident or two, but the league, by and large, wholly embraced the “Black L***s M****r” movement. The NBA even went so far as to have “Black L***s M****r” emblazoned on the court during the duration of its bubble restart.
The NBA had a litany of factors working against it, but it was due in no small part to the league’s social justice initiatives that ratings utterly collapsed for its ballyhooed restart.
Those abysmal ratings couldn’t have left the NBA’s broadcast partners and sponsors happy. So what’s the best way to appease them and rec**p some of the lost revenue? Get back to work as soon as possible and play as many games as you can.
If the NBA completely gets rid of its social justice messaging, would you give it another shot?
Unfortunately for the league, it’s not that simple.
According to a report Friday from ESPN’s Adrian Wojnarowski, the league and the National Basketball Players Association are still not able to agree on when the league will restart.
The league would like to start as early as December, while the Players Association prefers to play at a later date, the report said.
The NBA, however, fears that starting the season even in January could cost the league anywhere from $500 million to $1 billion in lost revenue, according to ESPN.
Now, a multibillion dollar entity like the NBA might normally be able to weather losses even that substantive, if only for a year.
Things get a little hairier, however, when factoring in the great unknown of when fans will be allowed back en masse. Without that vital gate revenue, ESPN noted that projections have the NBA losing another $4 billion.
That’s a potential loss of up to $5 billion in revenue if the season starts in January and fans are not allowed to attend. That massive figure, even for a multibillion dollar entity, would be a very painful and bitter pill to swallow.
The Players Association’s reluctance to start the season early is particularly confounding given the very dire consequences those revenue losses could have on the NBA players.
As ESPN pointed out, the current collective bargaining agreement includes a 50-50 revenue split between the players and the league. A massive drop in revenue would mean a steep drop in player salaries.
While some players with exorbitant salaries, such as LeBron James, John Wall and Chris Paul, would still collect a hefty chunk of change, players on rookie-scale deals or making the league minimum might not be as amenable to those depressed salaries.
So it as simple as going woke and then going broke?
Much like with anything else in life, no, it’s not that simple.
But at the very least, the NBA might want to significantly rethink its strategy of engaging in hyper-partisan politics and alienating its fans.
Based on that aforementioned $5 billion figure, the NBA clearly needs to engage as many fans as humanly possible. We should be so lucky if this operation ends up in China!
ldsuttonjr wrote:
Go Woke, Go Broke? NBA Reportedly Facing Billions in Losses, Steep Decline in Player Salaries
Bryan Chai
For obvious reasons, 2020 has been a bizarre year for sports.
The stark lack of fans at games, the various “bubble” environments to try and mitigate the spread of c****av***s, and the awkward rescheduling forcing leagues to play much later in the year than normal have all contributed to a sports year that fans won’t soon forget.
But one major aspect of 2020 professional sports that fans might want to try and forget is the deluge of “woke” social justice protests that have proliferated the major three North American professional sports leagues.
While both MLB and the NFL had their own bouts of social justice demonstrations, no sports league tapped into those protests more than the NBA.
Yes, the NBA had a dissident or two, but the league, by and large, wholly embraced the “Black L***s M****r” movement. The NBA even went so far as to have “Black L***s M****r” emblazoned on the court during the duration of its bubble restart.
The NBA had a litany of factors working against it, but it was due in no small part to the league’s social justice initiatives that ratings utterly collapsed for its ballyhooed restart.
Those abysmal ratings couldn’t have left the NBA’s broadcast partners and sponsors happy. So what’s the best way to appease them and rec**p some of the lost revenue? Get back to work as soon as possible and play as many games as you can.
If the NBA completely gets rid of its social justice messaging, would you give it another shot?
Unfortunately for the league, it’s not that simple.
According to a report Friday from ESPN’s Adrian Wojnarowski, the league and the National Basketball Players Association are still not able to agree on when the league will restart.
The league would like to start as early as December, while the Players Association prefers to play at a later date, the report said.
The NBA, however, fears that starting the season even in January could cost the league anywhere from $500 million to $1 billion in lost revenue, according to ESPN.
Now, a multibillion dollar entity like the NBA might normally be able to weather losses even that substantive, if only for a year.
Things get a little hairier, however, when factoring in the great unknown of when fans will be allowed back en masse. Without that vital gate revenue, ESPN noted that projections have the NBA losing another $4 billion.
That’s a potential loss of up to $5 billion in revenue if the season starts in January and fans are not allowed to attend. That massive figure, even for a multibillion dollar entity, would be a very painful and bitter pill to swallow.
The Players Association’s reluctance to start the season early is particularly confounding given the very dire consequences those revenue losses could have on the NBA players.
As ESPN pointed out, the current collective bargaining agreement includes a 50-50 revenue split between the players and the league. A massive drop in revenue would mean a steep drop in player salaries.
While some players with exorbitant salaries, such as LeBron James, John Wall and Chris Paul, would still collect a hefty chunk of change, players on rookie-scale deals or making the league minimum might not be as amenable to those depressed salaries.
So it as simple as going woke and then going broke?
Much like with anything else in life, no, it’s not that simple.
But at the very least, the NBA might want to significantly rethink its strategy of engaging in hyper-partisan politics and alienating its fans.
Based on that aforementioned $5 billion figure, the NBA clearly needs to engage as many fans as humanly possible. We should be so lucky if this operation ends up in China!
Go Woke, Go Broke? NBA Reportedly Facing Billions ... (
show quote)
... and they will NOT be missed!
CarryOn wrote:
... and they will NOT be missed!
I watched sports a lot before it went B*M. If Whtes don't matter then B*Ms don't matter either. I haven't watched 5 games in any pro sports this year. Frack the B*M. I believe in e******y but I do not support discrimnation by them against all other races. That sucks! Any stupid White person supports their ideology is just pure stupid. What the Black players don't get is that it is White fans that pay a 100 bucks a gae to watch he play. No more. Not so much. The real story is "ALM". All l***s m****r. Some people don't understand that if they combat people with guns, the guns may go off resulting in thir death.
ldsuttonjr wrote:
Go Woke, Go Broke? NBA Reportedly Facing Billions in Losses, Steep Decline in Player Salaries
Bryan Chai
For obvious reasons, 2020 has been a bizarre year for sports.
The stark lack of fans at games, the various “bubble” environments to try and mitigate the spread of c****av***s, and the awkward rescheduling forcing leagues to play much later in the year than normal have all contributed to a sports year that fans won’t soon forget.
But one major aspect of 2020 professional sports that fans might want to try and forget is the deluge of “woke” social justice protests that have proliferated the major three North American professional sports leagues.
While both MLB and the NFL had their own bouts of social justice demonstrations, no sports league tapped into those protests more than the NBA.
Yes, the NBA had a dissident or two, but the league, by and large, wholly embraced the “Black L***s M****r” movement. The NBA even went so far as to have “Black L***s M****r” emblazoned on the court during the duration of its bubble restart.
The NBA had a litany of factors working against it, but it was due in no small part to the league’s social justice initiatives that ratings utterly collapsed for its ballyhooed restart.
Those abysmal ratings couldn’t have left the NBA’s broadcast partners and sponsors happy. So what’s the best way to appease them and rec**p some of the lost revenue? Get back to work as soon as possible and play as many games as you can.
If the NBA completely gets rid of its social justice messaging, would you give it another shot?
Unfortunately for the league, it’s not that simple.
According to a report Friday from ESPN’s Adrian Wojnarowski, the league and the National Basketball Players Association are still not able to agree on when the league will restart.
The league would like to start as early as December, while the Players Association prefers to play at a later date, the report said.
The NBA, however, fears that starting the season even in January could cost the league anywhere from $500 million to $1 billion in lost revenue, according to ESPN.
Now, a multibillion dollar entity like the NBA might normally be able to weather losses even that substantive, if only for a year.
Things get a little hairier, however, when factoring in the great unknown of when fans will be allowed back en masse. Without that vital gate revenue, ESPN noted that projections have the NBA losing another $4 billion.
That’s a potential loss of up to $5 billion in revenue if the season starts in January and fans are not allowed to attend. That massive figure, even for a multibillion dollar entity, would be a very painful and bitter pill to swallow.
The Players Association’s reluctance to start the season early is particularly confounding given the very dire consequences those revenue losses could have on the NBA players.
As ESPN pointed out, the current collective bargaining agreement includes a 50-50 revenue split between the players and the league. A massive drop in revenue would mean a steep drop in player salaries.
While some players with exorbitant salaries, such as LeBron James, John Wall and Chris Paul, would still collect a hefty chunk of change, players on rookie-scale deals or making the league minimum might not be as amenable to those depressed salaries.
So it as simple as going woke and then going broke?
Much like with anything else in life, no, it’s not that simple.
But at the very least, the NBA might want to significantly rethink its strategy of engaging in hyper-partisan politics and alienating its fans.
Based on that aforementioned $5 billion figure, the NBA clearly needs to engage as many fans as humanly possible. We should be so lucky if this operation ends up in China!
Go Woke, Go Broke? NBA Reportedly Facing Billions ... (
show quote)
Good riddance!
I’ll NEVER watch again,
NFL either!!!
I’ll watch nascar after they boot Wallace.
They are all the r****t ones!
ldsuttonjr wrote:
Go Woke, Go Broke? NBA Reportedly Facing Billions in Losses, Steep Decline in Player Salaries
Bryan Chai
For obvious reasons, 2020 has been a bizarre year for sports.
The stark lack of fans at games, the various “bubble” environments to try and mitigate the spread of c****av***s, and the awkward rescheduling forcing leagues to play much later in the year than normal have all contributed to a sports year that fans won’t soon forget.
But one major aspect of 2020 professional sports that fans might want to try and forget is the deluge of “woke” social justice protests that have proliferated the major three North American professional sports leagues.
While both MLB and the NFL had their own bouts of social justice demonstrations, no sports league tapped into those protests more than the NBA.
Yes, the NBA had a dissident or two, but the league, by and large, wholly embraced the “Black L***s M****r” movement. The NBA even went so far as to have “Black L***s M****r” emblazoned on the court during the duration of its bubble restart.
The NBA had a litany of factors working against it, but it was due in no small part to the league’s social justice initiatives that ratings utterly collapsed for its ballyhooed restart.
Those abysmal ratings couldn’t have left the NBA’s broadcast partners and sponsors happy. So what’s the best way to appease them and rec**p some of the lost revenue? Get back to work as soon as possible and play as many games as you can.
If the NBA completely gets rid of its social justice messaging, would you give it another shot?
Unfortunately for the league, it’s not that simple.
According to a report Friday from ESPN’s Adrian Wojnarowski, the league and the National Basketball Players Association are still not able to agree on when the league will restart.
The league would like to start as early as December, while the Players Association prefers to play at a later date, the report said.
The NBA, however, fears that starting the season even in January could cost the league anywhere from $500 million to $1 billion in lost revenue, according to ESPN.
Now, a multibillion dollar entity like the NBA might normally be able to weather losses even that substantive, if only for a year.
Things get a little hairier, however, when factoring in the great unknown of when fans will be allowed back en masse. Without that vital gate revenue, ESPN noted that projections have the NBA losing another $4 billion.
That’s a potential loss of up to $5 billion in revenue if the season starts in January and fans are not allowed to attend. That massive figure, even for a multibillion dollar entity, would be a very painful and bitter pill to swallow.
The Players Association’s reluctance to start the season early is particularly confounding given the very dire consequences those revenue losses could have on the NBA players.
As ESPN pointed out, the current collective bargaining agreement includes a 50-50 revenue split between the players and the league. A massive drop in revenue would mean a steep drop in player salaries.
While some players with exorbitant salaries, such as LeBron James, John Wall and Chris Paul, would still collect a hefty chunk of change, players on rookie-scale deals or making the league minimum might not be as amenable to those depressed salaries.
So it as simple as going woke and then going broke?
Much like with anything else in life, no, it’s not that simple.
But at the very least, the NBA might want to significantly rethink its strategy of engaging in hyper-partisan politics and alienating its fans.
Based on that aforementioned $5 billion figure, the NBA clearly needs to engage as many fans as humanly possible. We should be so lucky if this operation ends up in China!
Go Woke, Go Broke? NBA Reportedly Facing Billions ... (
show quote)
Woke i***ts, like LaB***h James have damaged "future" brothers contracts with his lying woke B.S.. wonder if he really cares? Somehow I doubt it.
ldsuttonjr wrote:
Go Woke, Go Broke? NBA Reportedly Facing Billions in Losses, Steep Decline in Player Salaries
Bryan Chai
For obvious reasons, 2020 has been a bizarre year for sports.
The stark lack of fans at games, the various “bubble” environments to try and mitigate the spread of c****av***s, and the awkward rescheduling forcing leagues to play much later in the year than normal have all contributed to a sports year that fans won’t soon forget.
But one major aspect of 2020 professional sports that fans might want to try and forget is the deluge of “woke” social justice protests that have proliferated the major three North American professional sports leagues.
While both MLB and the NFL had their own bouts of social justice demonstrations, no sports league tapped into those protests more than the NBA.
Yes, the NBA had a dissident or two, but the league, by and large, wholly embraced the “Black L***s M****r” movement. The NBA even went so far as to have “Black L***s M****r” emblazoned on the court during the duration of its bubble restart.
The NBA had a litany of factors working against it, but it was due in no small part to the league’s social justice initiatives that ratings utterly collapsed for its ballyhooed restart.
Those abysmal ratings couldn’t have left the NBA’s broadcast partners and sponsors happy. So what’s the best way to appease them and rec**p some of the lost revenue? Get back to work as soon as possible and play as many games as you can.
If the NBA completely gets rid of its social justice messaging, would you give it another shot?
Unfortunately for the league, it’s not that simple.
According to a report Friday from ESPN’s Adrian Wojnarowski, the league and the National Basketball Players Association are still not able to agree on when the league will restart.
The league would like to start as early as December, while the Players Association prefers to play at a later date, the report said.
The NBA, however, fears that starting the season even in January could cost the league anywhere from $500 million to $1 billion in lost revenue, according to ESPN.
Now, a multibillion dollar entity like the NBA might normally be able to weather losses even that substantive, if only for a year.
Things get a little hairier, however, when factoring in the great unknown of when fans will be allowed back en masse. Without that vital gate revenue, ESPN noted that projections have the NBA losing another $4 billion.
That’s a potential loss of up to $5 billion in revenue if the season starts in January and fans are not allowed to attend. That massive figure, even for a multibillion dollar entity, would be a very painful and bitter pill to swallow.
The Players Association’s reluctance to start the season early is particularly confounding given the very dire consequences those revenue losses could have on the NBA players.
As ESPN pointed out, the current collective bargaining agreement includes a 50-50 revenue split between the players and the league. A massive drop in revenue would mean a steep drop in player salaries.
While some players with exorbitant salaries, such as LeBron James, John Wall and Chris Paul, would still collect a hefty chunk of change, players on rookie-scale deals or making the league minimum might not be as amenable to those depressed salaries.
So it as simple as going woke and then going broke?
Much like with anything else in life, no, it’s not that simple.
But at the very least, the NBA might want to significantly rethink its strategy of engaging in hyper-partisan politics and alienating its fans.
Based on that aforementioned $5 billion figure, the NBA clearly needs to engage as many fans as humanly possible. We should be so lucky if this operation ends up in China!
Go Woke, Go Broke? NBA Reportedly Facing Billions ... (
show quote)
I'm waiting for c****e LaBonehead James to put a BlackLIES Madder sign over his shack in China when he and his Kneegrows go bankrupt.
JFlorio wrote:
Woke i***ts, like LaB***h James have damaged "future" brothers contracts with his lying woke B.S.. wonder if he really cares? Somehow I doubt it.
Yes, if I was a college basketball player getting ready to graduate and join the NBA and they offered me $24,000 a year instead of millions like La Bonehead is getting, I'd be gunning for La Bron, step curry and coach popob***h and his c****e cohorts right about now.
drlarrygino wrote:
Yes, if I was a college basketball player getting ready to graduate and join the NBA and they offered me $24,000 a year instead of millions like La Bonehead is getting, I'd be gunning for La Bron, step curry and coach popob***h and his c****e cohorts right about now.
We can always have the worlds tallest garbage men.
ldsuttonjr wrote:
Go Woke, Go Broke? NBA Reportedly Facing Billions in Losses, Steep Decline in Player Salaries
Bryan Chai
For obvious reasons, 2020 has been a bizarre year for sports.
The stark lack of fans at games, the various “bubble” environments to try and mitigate the spread of c****av***s, and the awkward rescheduling forcing leagues to play much later in the year than normal have all contributed to a sports year that fans won’t soon forget.
But one major aspect of 2020 professional sports that fans might want to try and forget is the deluge of “woke” social justice protests that have proliferated the major three North American professional sports leagues.
While both MLB and the NFL had their own bouts of social justice demonstrations, no sports league tapped into those protests more than the NBA.
Yes, the NBA had a dissident or two, but the league, by and large, wholly embraced the “Black L***s M****r” movement. The NBA even went so far as to have “Black L***s M****r” emblazoned on the court during the duration of its bubble restart.
The NBA had a litany of factors working against it, but it was due in no small part to the league’s social justice initiatives that ratings utterly collapsed for its ballyhooed restart.
Those abysmal ratings couldn’t have left the NBA’s broadcast partners and sponsors happy. So what’s the best way to appease them and rec**p some of the lost revenue? Get back to work as soon as possible and play as many games as you can.
If the NBA completely gets rid of its social justice messaging, would you give it another shot?
Unfortunately for the league, it’s not that simple.
According to a report Friday from ESPN’s Adrian Wojnarowski, the league and the National Basketball Players Association are still not able to agree on when the league will restart.
The league would like to start as early as December, while the Players Association prefers to play at a later date, the report said.
The NBA, however, fears that starting the season even in January could cost the league anywhere from $500 million to $1 billion in lost revenue, according to ESPN.
Now, a multibillion dollar entity like the NBA might normally be able to weather losses even that substantive, if only for a year.
Things get a little hairier, however, when factoring in the great unknown of when fans will be allowed back en masse. Without that vital gate revenue, ESPN noted that projections have the NBA losing another $4 billion.
That’s a potential loss of up to $5 billion in revenue if the season starts in January and fans are not allowed to attend. That massive figure, even for a multibillion dollar entity, would be a very painful and bitter pill to swallow.
The Players Association’s reluctance to start the season early is particularly confounding given the very dire consequences those revenue losses could have on the NBA players.
As ESPN pointed out, the current collective bargaining agreement includes a 50-50 revenue split between the players and the league. A massive drop in revenue would mean a steep drop in player salaries.
While some players with exorbitant salaries, such as LeBron James, John Wall and Chris Paul, would still collect a hefty chunk of change, players on rookie-scale deals or making the league minimum might not be as amenable to those depressed salaries.
So it as simple as going woke and then going broke?
Much like with anything else in life, no, it’s not that simple.
But at the very least, the NBA might want to significantly rethink its strategy of engaging in hyper-partisan politics and alienating its fans.
Based on that aforementioned $5 billion figure, the NBA clearly needs to engage as many fans as humanly possible. We should be so lucky if this operation ends up in China!
Go Woke, Go Broke? NBA Reportedly Facing Billions ... (
show quote)
The players have the right to protest anything and everything they choose.
They can purchase tv time with their own money, go on social media, buy ads in newspapers.
This is the USA.
For now, it is their right.
Just don't shove their opinions down our throats during game time.
ldsuttonjr wrote:
Go Woke, Go Broke? NBA Reportedly Facing Billions in Losses, Steep Decline in Player Salaries
Bryan Chai
For obvious reasons, 2020 has been a bizarre year for sports.
The stark lack of fans at games, the various “bubble” environments to try and mitigate the spread of c****av***s, and the awkward rescheduling forcing leagues to play much later in the year than normal have all contributed to a sports year that fans won’t soon forget.
But one major aspect of 2020 professional sports that fans might want to try and forget is the deluge of “woke” social justice protests that have proliferated the major three North American professional sports leagues.
While both MLB and the NFL had their own bouts of social justice demonstrations, no sports league tapped into those protests more than the NBA.
Yes, the NBA had a dissident or two, but the league, by and large, wholly embraced the “Black L***s M****r” movement. The NBA even went so far as to have “Black L***s M****r” emblazoned on the court during the duration of its bubble restart.
The NBA had a litany of factors working against it, but it was due in no small part to the league’s social justice initiatives that ratings utterly collapsed for its ballyhooed restart.
Those abysmal ratings couldn’t have left the NBA’s broadcast partners and sponsors happy. So what’s the best way to appease them and rec**p some of the lost revenue? Get back to work as soon as possible and play as many games as you can.
If the NBA completely gets rid of its social justice messaging, would you give it another shot?
Unfortunately for the league, it’s not that simple.
According to a report Friday from ESPN’s Adrian Wojnarowski, the league and the National Basketball Players Association are still not able to agree on when the league will restart.
The league would like to start as early as December, while the Players Association prefers to play at a later date, the report said.
The NBA, however, fears that starting the season even in January could cost the league anywhere from $500 million to $1 billion in lost revenue, according to ESPN.
Now, a multibillion dollar entity like the NBA might normally be able to weather losses even that substantive, if only for a year.
Things get a little hairier, however, when factoring in the great unknown of when fans will be allowed back en masse. Without that vital gate revenue, ESPN noted that projections have the NBA losing another $4 billion.
That’s a potential loss of up to $5 billion in revenue if the season starts in January and fans are not allowed to attend. That massive figure, even for a multibillion dollar entity, would be a very painful and bitter pill to swallow.
The Players Association’s reluctance to start the season early is particularly confounding given the very dire consequences those revenue losses could have on the NBA players.
As ESPN pointed out, the current collective bargaining agreement includes a 50-50 revenue split between the players and the league. A massive drop in revenue would mean a steep drop in player salaries.
While some players with exorbitant salaries, such as LeBron James, John Wall and Chris Paul, would still collect a hefty chunk of change, players on rookie-scale deals or making the league minimum might not be as amenable to those depressed salaries.
So it as simple as going woke and then going broke?
Much like with anything else in life, no, it’s not that simple.
But at the very least, the NBA might want to significantly rethink its strategy of engaging in hyper-partisan politics and alienating its fans.
Based on that aforementioned $5 billion figure, the NBA clearly needs to engage as many fans as humanly possible. We should be so lucky if this operation ends up in China!
Go Woke, Go Broke? NBA Reportedly Facing Billions ... (
show quote)
SO WHAT ! Pro sports will never see a nickel of my money and I've got better things to do than watch rich guys play ball on TV.
F.D.R. wrote:
SO WHAT ! Pro sports will never see a nickel of my money and I've got better things to do than watch rich guys play ball on TV.
It's funny. I love pro football and pro baseball. Never gave a damn what they made. Free market and all that, but once they started telling me their political views and basically accusing me of being a r****t if i didn't agree I left them. Never to return.
America 1 wrote:
The players have the right to protest anything and everything they choose.
They can purchase tv time with their own money, go on social media, buy ads in newspapers.
This is the USA.
For now, it is their right.
Just don't shove their opinions down our throats during game time.
America 1: Their team owner has more rights on what they can and cannot do as an employee especially representing the team's interest! If the owner has gonads he can fire them for farting!
ldsuttonjr wrote:
America 1: Their team owner has more rights on what they can and cannot do as an employee especially representing the team's interest! If the owner has gonads he can fire them for farting!
I realize that unfortunately, they don't.
If you want to reply, then
register here. Registration is free and your account is created instantly, so you can post right away.
