Lockout on the way…Interesting to see that the average player makes $5Million and they are complaining about their salary. I believe that no player should be making more than 1M and half of profits should go towards fighting world hunger and educating the youth. What a business it has become! What ever happened to the love of the game!
The National Basketball Association announced that it will commence a lockout of its players, effective at 12:01 am ET on July 1, until a new collective bargaining agreement is reached with the National Basketball Players Association.
“The expiring collective bargaining agreement created a broken system that produced huge financial losses for our teams,” said NBA Deputy Commissioner Adam Silver. “We need a sustainable business model that allows all 30 teams to be able to compete for a championship, fairly compensates our players, and provides teams, if well-managed, with an opportunity to be profitable.”