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Old 07-06-2011, 05:11 PM   #46
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Default Re: NYTIMES reporting that nba crying foul over financial crisis

And if the owners want to include the price of purchasing a franchise as part of the yearly operating cost, and pass that cost on to the players... then the players are entitled to a piece of the profit when the franchise is sold.
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Old 07-06-2011, 06:13 PM   #47
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Default Re: NYTIMES reporting that nba crying foul over financial crisis

Quote:
Originally Posted by Sarcastic
Right, they are a lot less profitable since their "other expenses" have grown out of proportion with their revenues. That is the expense that has gotten out of hand.

Not sure what your math looks like, but the raw financials indicate that player salaries have grown MUCH faster than "other" expenses, and that unlike "other" expenses, they do not tend to decrease when revenue does.

In other words, I understand what you're saying, and it's not worthless, but strictly speaking you are mathematically incorrect.
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Old 07-06-2011, 06:34 PM   #48
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Default Re: NYTIMES reporting that nba crying foul over financial crisis

Quote:
Originally Posted by JordanL
Not sure what your math looks like, but the raw financials indicate that player salaries have grown MUCH faster than "other" expenses, and that unlike "other" expenses, they do not tend to decrease when revenue does.

In other words, I understand what you're saying, and it's not worthless, but strictly speaking you are mathematically incorrect.

The numbers are right there in the picture I posted
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Old 07-06-2011, 06:38 PM   #49
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Default Re: NYTIMES reporting that nba crying foul over financial crisis

Quote:
Originally Posted by bdreason
And if the owners want to include the price of purchasing a franchise as part of the yearly operating cost, and pass that cost on to the players... then the players are entitled to a piece of the profit when the franchise is sold.
how in the world are they passing it on to the players. The players total income is set as a fixed % of the REVENUE! It has nothing to do with other operating expenses or income/profit. Besides, they dont do that. It says so directly in their response, which you could bother to read if you really wanted to have a reasonable and fair picture of the situation.


Ill quote it yet again.
Quote:
We do not include purchase price amortization from when a team is sold or under any circumstances in any of our reported losses. Put simply, none of the league losses are related to team purchase or sale accounting.

Read more: http://www.insidehoops.com/blog/?p=7944#ixzz1RLksVxE5
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Old 07-06-2011, 07:54 PM   #50
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Default Re: NYTIMES reporting that nba crying foul over financial crisis





Looking at these numbers from last year, the biggest problem to me is that ticket sales were way too low. The NBA did worse than the NHL!!! Perhaps if they didn't price the seats so high, people would actually come back and watch the games live. On top of that, had they not expanded so much over the years, we would not have such a watered down brand of basketball. No one wants to watch Charlotte vs Minnesota, and no one definitely wants to pay $100/ticket and $10/beer to do so. I think also imposing a salary cap will make the league even more bland on top of that. Revenue sharing is the only thing that is going to save this situation. The NFL does it. MLB does it. Time for NBA to do it too.
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Old 07-07-2011, 02:25 PM   #51
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Default Re: NYTIMES reporting that nba crying foul over financial crisis

Quote:
Originally Posted by Sarcastic
What it boils down to is do you believe Stern or do you believe every other independent source which is saying the league is fundamentally healthy.
What boils down is you and your pro-players zealots friends understand that the Stern’s data was audited and verified by independent and government organisms that had access to the real documentation, one of them being an audit firm appointed be the players themselfs, and that those “independent sources” don’t even say what their sources are . This already been said and explained, more than once, but yeah keep regurgitating over and over and over the same debunked opinions, it makes you look real intelligent.
Quote:
Originally Posted by Sarcastic
I think the people who side with Stern have some sort of latent hatred for the players which may or may not be race based, and would love nothing more than to see them taken down a notch.
Lol what a joke. If anything is the other way around. There wasn't one post in this forum siding with owners until the pro-player nonsense begin, I repeat there wasn't one post in this forum siding with owners until the pro-player nonsense begin.

So yes threads left and right saying that the players should do this and that, and the owners are this and that, no latent hate there at all.

When you got a thread about players starting a new league, when in the end according to the pro-players, I repeat according to the pro-players, would be nothing but a NBA clone league, with just "different" "owners\investors" calling the shots, where the players would equally share the revenue, that would be obviously if you're not a completely delusional moron, a lot less. So why? Would the owners be black? is that it?

When you hear stuff, like nobody forced the owners to give the contracts, i mean wow... I'm pretty sure small markets would have a better chance by not overpaying talent, i'm sure that talent would be willing to play for them for less\same, instead of going for the big markets. Lets forget that thing called competition, where if you don’t, someone will.
And lets forget that just a couple of months ago, the owners were cheapstakes and Stern should force them to sell their franchise, when they weren't willing to pay the money, now it seems is the other way around, the ones that paid should see their franchise fail.
Lets instead applaud Arenas for showing more interest in guns and twitter then doing his job after being paid, and then for mocking the owners afterwards "hey i didn't force them".

When you hear stuff, like the owners should sell the teams instead of trying to make a profit. Cause that is what happens in the real world... "Hey Bill Gates, somehow we didn't profit this year","what? sell everything!!!

When you hear stuff, like the players should sue left and right, god knows why at this point.

I know i'm forgetting a lot of stuff, a lot, but yeah demonstrating complete delusion and clouded judgment and spewing pure ignorance is the new away of showing racial\whatever impartiality. Anyone using common sense is just a hater…
Quote:
Originally Posted by Sarcastic
From what I have seen so far the players seem to be willing to negotiate and make concessions. The owners seem to want to completely blow everything up and make sure their risk is completely shared with the players but not be willing to share in the profits realized with the future sale of the franchise.
I'm not surprised that is what you seen so far, the pro-players are extremely selective in what they see, extremely. Very good in avoiding certain posts also.
Reality check, The owners already made concessions and the last players proposal was equally bad.
Quote:
Originally Posted by BØBØ
It's funny how some people are so tuned into one side or the other in this lockout and overlook it's a bargaining process. That both sides ask for outrageous things to begin with and then work towards the center. There is no right or wrong in all this just two sides doing what they have done time and time again, nothing to get worked up over.
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Old 07-07-2011, 02:47 PM   #52
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Default Re: NYTIMES reporting that nba crying foul over financial crisis

I've actually given up on this thread. It seems I'm repeating all my points from last week over and over again to defend topics refuted over and over again.

I fully expect someone to post the deadspin article and claim illegal "accounting" methods in two days time.
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Old 07-07-2011, 03:50 PM   #53
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Default Re: NYTIMES reporting that nba crying foul over financial crisis

Bill Gates knows his business does not have profit certainty, as does every investor that buys MS stock. The price of his stock has dropped dramatically and you haven't seen him calling the SEC and demanding everything be blown up and changed so that he can guarantee profit.
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Old 07-07-2011, 04:11 PM   #54
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Default Re: NYTIMES reporting that nba crying foul over financial crisis

Quote:
Originally Posted by Sarcastic
Bill Gates knows his business does not have profit certainty, as does every investor that buys MS stock. The price of his stock has dropped dramatically and you haven't seen him calling the SEC and demanding everything be blown up and changed so that he can guarantee profit.
What a horrible analogy.

Wait, no actually its so horrible, Imma use it against you.

Yeah, Microsoft has got it bad.... recession's really doing a number on them.

Microsoft slashes up to 5,000 jobs - Software giant says it will cut 1,400 jobs immediately, and posts lower earnings that miss estimates.
http://money.cnn.com/2009/01/22/tech...jobs/index.htm

Kinda similar to what the NBA is doing to survive... you know like cutting costs, don't you think?
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