As the seemingly inevitable lockout looms over the NBA this summer, the very real possibility that the league could cancel games may be on the minds of its many season-ticket holders. Individual and business customers alike may be thinking about holding onto that money, while waiting to see if in fact there will be a 2011-12 season.
The owners are likely to be in a better long-term financial situation than the players in terms of being able to hold out for the best deal, but even so, those season-ticket dollars are extremely important to each team’s financial well-being. So it’s probably not surprising that the league would try to ensure that the money comes in as expected, whether there ends up being a work stoppage or not.
According to a report from Bloomberg’s Mason Levinson (via Michele Steele), the NBA’s plan is to entice its customers to spend that money with a promise of full refunds — plus interest — for any games that may end up being lost.
National Basketball Association season-ticket holders will receive refunds plus interest if games are canceled because of a labor dispute next season, in contrast to the National Football League, which has said it’s up to clubs to decide how to handle deposits.
While both leagues have told fans that they’ll get their money back for tickets to lost games, the NBA will also pay interest on what could amount to loans to franchises from fans, Mike Bass, a spokesman for the NBA, said in a telephone interview.
The report also mentions the fact that the league has done this before, when the owners last locked out the players and lost 32 games from the 1998-99 season.
Now of course, no one’s going to get rich by investing in tickets like this, as the interest rate — which will be set by the league before games are canceled, along with the date that the interest would begin to accrue — is likely to be minimal. But it’s a savvy move by the league nonetheless, and one that should provide some peace of mind for customers who may have otherwise been on the fence about writing that big check while the possibility of a work stoppage remains.
Last spring during the NBA playoffs, Warriors coach Steve Kerr did not hesitate to criticize President Donald Trump. Stephen Curry also has taken issue with the president and some of his policies.
Saturday, the Warriors were going to discuss an invitation to Trump’s White House — a tradition in many sports where the champion is invited to meet the president and do a photo-op — but on Friday Curry said he would vote no. With that, Trump pulled his invitation.
Saturday the Warriors released a statement.
“While we intended to meet as a team at the first opportunity we had this morning to collaboratively discuss a potential visit to the White House, we accept that President Trump has made it clear that we are not invited. We believe there is nothing more American than our citizens having the right to express themselves freely on matters important to them. We’re disappointed that we did not have an opportunity during this process to share our views or have open dialogue on issues impacting our communities that we felt would be important to raise.
“In lieu of a visit to the White House, we have decided that we’ll constructively use our trip to the nation’s capital in February to celebrate equality, diversity and inclusion — the values that we embrace as an organization.”
That’s classier than some of the responses from others around the NBA to Trump.
The Warriors’ David West explained why the team was leaning toward backing out of going to the White House, and the players’ opposition to Trump.
There would be a number of charitable things the Warriors could do in the area, and the team’s high-profile would draw attention to whatever they choose to focus on. It’s a good move. Try to rise above this silly fracas over a photo-op and do some good.
Alan Williams is a guy who worked hard for his spot in the NBA. The UCSB alum started with a 10-day contract, then parlayed that into a Summer League deal where he shined. That evolved into a full season contract with the Suns last year, and they liked what they saw enough to give him a three-year deal this summer (for $17.4 million total).
But now the fan favorite is going to miss at least the start of the season due to a knee injury, reports Chris Haynes and Marc Spears of ESPN.
How much time Williams will miss will depend on the degree of the tear and the course of treatment, but he’s going to be out for training camp and the start of the season.
Williams was already going to be in a fight for minutes on a team fairly deep in the frontcourt with Marquese Chriss, Dragan Bender, Alex Len, Tyson Chandler, Anthony Bennett, and Jared Dudley. This setback does not help his cause.
Enes Kanter loved playing in Oklahoma City.
Which made the fact he was traded to the Knicks for Carmelo Anthony difficult. Kanter had been through a lot, his political stance against the ruling party in his native Turkey led to his family being forced to publicly disown him (and his father being arrested and questioned multiple times), plus his passport being revoked while he was in Europe as Turkey tried to force him to return (where he would have been instantly arrested). He has said on multiple occasions that the people of Oklahoma City, and the Thunder organization, provided him a home when his native one was yanked away from him.
He said that again in a thank you and goodbye video to the people of Oklahoma City.
Kanter said he had “no hard feelings. I understand it’s a business.”
He also urged the now-stacked Thunder to go out and beat the Warriors.
Well, that escalated quickly.
Carmelo Anthony wanted away from the Knicks badly enough that he relented in recently and added Cleveland and Oklahoma City to Houston as places he would waive his no-trade clause for. From there, it took almost no time for Oklahoma City and New York to work out a trade that sent Anthony to the Thunder for Enes Kanter, Doug McDermott, and a second-round pick.
NBA Twitter flipped out on the news. And that started with one of ‘Melo’s new teammates.
Or, is it…