With new Collective Bargaining Agreement negotiations likely around the corner, the NBA is unquestionably in a good situation, Gary Washburn of the Boston Globe writes. NBA owners and the NBPA could opt out of their current labor contract in December. The league made $10 billion in revenue last season, which is more than what was expected.
“The numbers did surprise me to a certain degree because they exceeded our projections,” commissioner Adam Silver said. “So to the extent our projections represent where we think our business was going, surpassing $10 billion in revenue clearly is a record for this league.
“I think it’s quite remarkable from where we came only two-and-a-half years ago when the future of this industry was in question, in part because of the pandemic and also people questioning whether people would want to continue to assemble in arenas and stadiums the way they are.”
Here are some other odds and ends from around the basketball universe:
- Former NBA player C.J. Williams has penned a deal in Israel with Ironi Ness Ziona, the team announced on social media (Twitter link). Williams most recently played in Turkey. He appeared in 53 games with the Clippers and Timberwolves from 2017-19.
- Free agent guard Marcus Paige has signed in Spain with Obradoiro, the team announced (via Twitter). Paige holds NBA experience with the Hornets and played in France last year, averaging 9.9 points and 3.4 assists per game.
- Zach Lowe of ESPN.com (Insider-only link) examines why potential Kevin Durant and Donovan Mitchell trades could expand an unprecedented trend in the NBA. Teams appear more willing than they have been in years to include unprotected first-round picks in trade packages for impact players — deals involving Durant and Mitchell will likely involve several first-rounders, just as the Jazz-Timberwolves trade involving Rudy Gobert did.
How much of that 10 billion is from their favorite partner, China?
A lot more then most people realize. Tv viewership is down 60%, attendance is down, merchandise sales are down. The only answer has to be China.
Cite your data sources please
There is no data to cite. They are starting from what they want to be true and working backward.
You just defined “politics in America”
Who cares?
It’s estimated that $500,000 annually is generated through the Chinese market as of Oct 2021. While not a small amount is is just a fraction of the total revenue for the NBA. For example merch sales generate over a billion annually.
People like to cite the viewership is down but and it is in a traditional sense it is as less people watch games on cable and satellite services. The truth is though traditional television viewership in all categories is down in general as more people have turned to streaming services. Although to be noted that the NBA finals viewership was up 22.4 percent.
Attendance is down as well but that also holds true across all types of live events from sports to concerts as there are still lingering effects from the global pandemic.
$500000 is 0.005% of 10 billion. Most people would call that infinitesimal.
The NBA usually finishes either 1-3, and usually 1 on cable for the night they’re on…cable subscribers in general fell like 40% just in the last 3 years, so if overall numbers are down, its b/c of that, but if you’re maintaining, or increasing, and constantly top 2 in the demo that matters, they’ll get another big tv deal when that comes up in a few years
BUHH.. BUHH… I thought you goes woke you goes broke ?? ;’(
Yawn. If fans like you actually gave a crap about this issue, you wouldn’t watch or attend another NBA game to send a message
Nor would you own or utilize a wide variety of electronic products because a lot of their parts are produced in China.
And that’s just the tip of the iceberg.
So spare us the melodrama. Whether any of us like it or not, the US and many companies are tied to China at the hip. Welcome to globalism 101.