The crisis comes to the NBA

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Entertainment - Sports
Thursday, 26 February 2009 18:04

The global crisis we are experiencing has also reached the NBA, so it's own league of basketball by United States will provide $ 175 million (137 million) to computers to help them overcome this bad time.

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Each team (of 15, half of the league, who requested this assistance) will not receive more than 11.66 million dollars, enabling them to get by following the influx of public issues to the courts and the lack of sponsors.

We do not know the identity of the fifteen teams, although it is easy to see some cocks, as many teams play their games with their half-empty bleachers, proof that the public does not give money. Washington Wizards, however, one of the worst teams now the entire league, has not requested this assistance. Teams that seems clear that they have requested are Memphis Grizzlies, the team is less money coming in, Orlando Magic, which has been operating all year with a deficit of more than $ 10 million, or Sacramento Kings, who before taking the salary Brad Miller (traded to Chicago in the operation that led to Andres Nocioni to the California franchise) would have lost $ 25 million.

Anyway, the NBA is not in danger financially, despite the crisis, so we can say that U.S. will continue enjoying the show. However there will be nuances that do not yet know how to be influenced, as the salary cap for next season, which could be reduced from $ 59 million to 57, which would be good news for those teams already operating below the limit wage, while those above will lose more money due to luxury tax (a tax dollar for every dollar spend the salary cap).

Source | WashingtonTimes; Image | NYTimes


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