City of Memphis could sue NBA over lost lockout revenue


Memphis — like virtually every other city in the United States — is hurting for money. That’s money that goes to important things like police and fire departments, libraries and the like. All of those things face cutbacks.

Memphis also owns the FedExForum, where the Grizzlies play. That was built with money from revenue bonds — money to pay off the bonds is supposed to come from fees and revenue generated by arena. If that revenue is not there, the money has to come from somewhere.

But now there may be a lot less revenue, due to the NBA lockout. So Memphis is looking at its options, including potentially suing the league, according to (via Tom Ziller at SBN).

Early estimates show the taxpayers could be on the hook for $18 million if the entire season is cancelled.

With the first two weeks of regular season games already cancelled, the city says it wants to stay proactive. At the suggestion of Chairman Myron Lowry, the council is considering a resolution that would ask City Council Attorney Allan Wade to explore all options, including a lawsuit against the NBA.

That resolution passed and the city’s attorney is now on it.

Sure, this is all a bit of show for the fine people of Memphis, there is about as much chance of getting money out of the NBA as there is getting David Stern to cover the losses himself.

But the approach is interesting. And it would be another straw on the camel for the NBA, which already heaped a couple bales up there when they canceled he first two weeks of the season.

Bradley Beal drives around, dunks over Kristaps Porzingis (VIDEO)

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If you’re a Knicks fan, the positive is that at least Kristaps Porzingis tried to make a play.

But he was not going to stop the athletic Bradley Beal with a full head of steam, and the result was a Beal dunking over Porzingis as he tries to block the attempt.

Beal wasn’t sharp, scoring 12 points on 5-of-14 shooting. The Knicks has an efficient Carmelo Anthony and that got them the win.

Carmelo Anthony drops 21 on Wizards in preseason Friday

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We had an efficient Carmelo Anthony sighting in the preseason.

Anthony and the Knicks went up against the Wizards and ‘Melo hit 10-of-15 shots to score 21 points. He also had four rebounds and four assists.

Derrick Williams had 23 points on 11 shots to lead the Knicks in scoring, and New York won 115-104.