Add a check to the players’ side of the column in the ongoing Collective Bargaining Agreement negotiations…
NBA season ticket sales are well up over a year ago and that could mean $100 million more in revenue for the league, according to the South Florida Business Journal.
Through Sept. 22, NBA teams had sold more than 50,000 new full-season tickets, a 40 percent increase from the same date last year. With the yield to the league from season-ticket sales for this year being about the same as what the league posted last year, that means revenue to the league because of the new sales is up about 40 percent, as well.
Overall, the NBA expects $1 billion in gate revenue, with about 75 percent of the gate coming from the sale of season tickets. The league’s season-ticket renewal rate is more than 80 percent, up from 75 percent last year.
This comes after an NBA finals with the highest television ratings since Michael Jordan hung up his Jordans. It comes at a time when the Miami Heat’s big three has attracted more public and media attention than any preseason ever has. There are 150 media members camped out in the Florida panhandle taking a bus to interview Heat players for 30 minutes a day. ESPN is doing a live remote.
As Ken Berger noted at CBS, the NBA is generating a lot more interest this year than in a long time — from the Lakers to the Bulls to the Heat. There is a spark again in New York. These are the biggest markets seeing a new energy. That translates into dollars.
The national economic recovery may be sputtering, but the business of the NBA is booming.
Remember the NBA owners submitted their first proposal for a new CBA last All-Star Game, amid talks of $400 million losses. Why? Because they wanted to negotiate in that economy, the really depressed one. The Players Association wants to negotiate in this one, with revenue up and the finances of the game looking healthier.
This is all just more fuel for the Players Association. And frankly, that probably moves us closer to a lockout.
Mavericks rookie Luka Doncic got ejected a few days ago for kicking the ball into the crowd, his second technical foul of the game.
That outburst also got him fined.
Dallas Mavericks guard-forward Luka Dončić has been fined $10,000 for kicking the game ball into the spectator stands, it was announced today by Kiki VanDeWeghe, Executive Vice President, Basketball Operations.
The incident, for which Dončić was assessed his second technical foul and ejected, occurred with 3:00 remaining in the third quarter of the Mavericks’ 111-99 loss to the Indiana Pacers on Jan. 19
Players usually get fined $25,000 for throwing something into the stands. But sometimes, they get just a $10,000 fine for that, seemingly if it appears they didn’t intend for the object to reach the crowd.
Did Doncic mean to kick the ball as far as he did?
Who knows? But it seems he got the benefit of the doubt here.
The Rockets signed Kenneth Faried, importantly to them, before their game against the 76ers yesterday. With Clint Capela injured, Houston needed another big against Joel Embiid.
But the Rockets had to open a roster spot for Faried. Their clear preference was trading Carmelo Anthony. Failing that, they’d release James Nunnally.
Houston agreed to deal Anthony to the Bulls but couldn’t complete the trade because the league office was closed, as is the norm on weekends and holidays (in this case, Martin Luther King Day). So, the Rockets dropped Nunnally, eating the remaining salary on his 10-day contract, increasing their luxury-tax bill and costing him the opportunity to play for a team that could use him.
Houston coach Mike D’Antoni, via Adrian Wojnarowski of ESPN:
“I don’t think it’s right,” Rockets coach Mike D’Antoni said of having to terminate Nunnally. “There’s ways (the league) could have facilitated it.”
What happened to the Rockets was fair in that the rules were clear and applied equally to each team.
But I agree with D’Antoni. Games don’t stop for weekends and holidays. The league office shouldn’t, either.
Teams should have more ability to change their rosters on the fly, because games come so quickly. Halting business for weekends and holidays is antiquated. This is a global, multi-billion-dollar operation now.
The NBA can afford to employ enough people who review trades not to overwork any of them. It’d create a better product and make the sport operate more smoothly.
See, the Warriors are fallible.
Though Stephen Curry‘s mishaps coming during a blowout win undercuts the point.
Yes, the Grizzlies lost to the Anthony Davis-less Pelicans by 20 last night. Results like that are why there’s thought Marc Gasol could leave Memphis.
But at least plays like this Jaren Jackson Jr. dunk on Nikola Mirotic provide hope for the Grizzlies’ future.
Jackson is a skilled 3-point shooter and rim-protector. Add a mean streak inside offensively, and the rookie could really take off.