Oh yes the Wall Street principle of being an economic leading indicator applies to investing in NBA franchises. That is precisely what is wrong with todays economic model both here in the NBA and in the real world. We are in it for the quick buck and then getting out instead of producing value to society. What these fooish newby hardline owners do not understand is that you must satisfy the paying customer if they are to return (ie buy season tickets, merchandising, the league pass subsription). To do that, you must treat your employees (ie the players) well so they want to play on your team. Mark Cuban and Jerry Buss get it while Dan Gilbert and Robert Sarver do not get it. Owning a sports team means you are competing for attention (Sports fans wallet) which means you get paid to win.
The root cause of this lockout is the player agents vs the hardline owners (Gilbert and Sarver have taken over from Paul Ga$ton) for control of the NBA. Billy Hunter and David Stern are just messenger boys to the media at this point and doing a very poor job of it I might add.
The people that are getting screwed are the Rookie contract players and the referees along with the arena and front office personnel and all the ancillary businesses that depend on Basketball games to be played.
This lockout is not a good thing and is going to do a lot more damage if this is not resolved.