- Al Sharpton, Trayvon Martin’s parents rally against Fla. ‘stand your ground’ law
- Hillary Clinton campaign got illicit funds from D.C. scandal figure
- Obama administration backs off plan to cut prescription-drug program
- Tickets linked to stolen passports purchased by Iranian middleman
- More than 3,500 police planned for Boston Marathon
- Ottawa day care suspends 2-year-old for ‘outside’ cheese sandwich
- Liam Neeson tells NYC mayor to ‘man up’ in horse carriage fight
- Real-life Dr. Doolittle to reveal how to talk to animals
- Climate change could bring back smallpox, researchers say
- Shoe-bomb witness to speak from London at N.Y. trial
NBA owners seem willing to sit out season to meet their priorities
NEW YORK — NBA owners have their priorities, and playing games isn’t first on that list.
Instead, the league is looking beyond this month — and maybe beyond this season, if that’s what it takes — to implement an extreme financial makeover after years of sizeable losses. The goal, in the words of Spurs owner Peter Holt, “an opportunity to make a few bucks.”
Owners are determined to reshape the league by creating a system like the NFL or NHL, where spending is capped and small-market teams truly can compete with the big boys. But reforming the NHL’s financial structure required a lengthy lockout, wiping out the entire 2004-05 season. And the NFL is making money, not losing it.
After NBA labor talks broke down Thursday night, Holt was asked if owners might be willing to sit out a year to get the changes they crave.
“The competitive issues and the economic issues, certainly we don’t want to lose the season, I don’t think the NHL did either. It ended up happening,” said Holt, chairman of the owners’ labor relations committee. “There are certain things that we feel we must have.”
And that makes a lost NBA season a possibility.
That comes as no surprise to players’ association executive director Billy Hunter. He started to believe two or three years ago that owners intended to lock out the players so they could force through the changes they wanted. Now he doesn’t see enough owners who can stop it from happening.
He identified big-market owners Jerry Buss of the Lakers, the Knicks’ Jim Dolan, Miami’s Micky Arison and Dallas’ Mark Cuban as owners he believed were open to anything that could lead to games, but there were many more from the small markets “that were dug in, and I think they’re carrying the day.”
“And unfortunately. I think what we have to do is we have to miss more games for it to really set in,” Hunter said. “And that’s what I kept trying to tell them is that this thing is on a slippery slope and we’re already losing games, the first two weeks, and if we continue to go in that decline, it may become intractable to get people to move from their respective positions.”
The first two weeks of the season — 100 games in all — already have been canceled. And it won’t be long before more games are scrapped.
That’s in stark contrast to the NFL lockout, in which only the preseason Hall of Fame game was canceled. The NFL always insisted that it would play, a rallying cry that is absent from the NBA negotiations. Of course, the NFL players and owners were fighting over how to split billions of dollars of revenue whereas the NBA says it lost $300 million last season and that only eight of its 30 clubs made money.
“Different dynamic, I mean no doubt about it,” said Holt, who added his small-market Spurs lost money the last two years, which hadn’t happened before.
“We’re losing games, so there’s a cost to that. And we also were in a very different position. NFL essentially was fighting over how to divide more riches. We’re trying to figure out how to get our expenses down so we’ve got 30 teams that have an opportunity to make a little money, and so it’s a very different situation.”
One that could be crippling in many NBA cities, particularly a small-market one such as Memphis.
Ty Agee, president of the Beale Street Merchants Association, said the timing couldn’t have been worse for the city, Beale Street and the Grizzlies. After years of anemic play and small crowds, the team’s 2011 playoff run brought people downtown not only toward the end of the regular season, but into two rounds of the playoffs — an unexpected boost for a club that had never won a playoff game.
By David Keene
Conference showed that the values Reagan cherished still endure
- Hillary Clinton campaign received funds from Jeffrey Thompson
- Kim Jong-un calls for execution of 33 Christians
- Unanimous Senate passes bill on military sex assault to give victims more say in prosecution
- Senate Democrats, Republicans spar over restoring unemployment benefits
- Bill Clinton poses for photo with Bunny Ranch prostitutes
- Atheists sue to remove 'Ground Zero Cross' from 9/11 museum
- U.S. pilot scares off Iranians with 'Top Gun'-worthy stunt: 'You really ought to go home'
- Sharyl Attkisson resigns from CBS after months of talks
- Mitch McConnell on beating tea party: 'We are going to crush them'
- DHS accused of holding U.S. citizen at airport, using emails to pry into her sex life
Pope Francis meets his 'mini-me'
Celebrity deaths in 2014
Winter storm hits states — again