While the owners are probably right in saying that 22 out of 30 teams lost money last year, the players have to be thinking it's not their problem.
It seems like more of a problem for the owners. Nobody forced them to buy a basketball team. Many of the owners purchased those teams knowing that the teams were losing money but still wanted a team.
And what about teams like the Lakers and Knicks? If the cap is low enough for the small market teams to still turn a profit, imagine the profit those teams are making? And the players don't get a piece of that? How is that fair to the players?
And there has been talk of profit sharing between teams. If you're Jerry Buss and bought the Lakers 20 years ago would you want to share your 3 billion dollar deal with other people that didn't spend the money to buy a team in L.A.?
The problem is the owners aren't going to give in and the players shouldn't either. The owners are wrong in this. If they can't compete they need to move to a better city or the league needs to contract.
See, when I hear arguments like this my first thought is that this is an incredibly callous and inconsiderate view towards the fans in those cities -- some of whom have been diehard fans for all of their lives and have spent thousands of dollars supporting that team. The solution should not be "move or contract."
Teams like the Lakers and Knicks ought to share revenue because they wouldn't have a team if there weren't a league for that team to play in. The Lakers need the Kings, Hornets, Bobcats, Raptors, T-Wolves etc. in order to put a product on the floor 82 games a year.