The NBA is a business and they play to generate revenue. What is the difference between the all star game and any other game ? These are non essential workers. It seems bizarre that this is the line in the sand where morality supersedes money.
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Don’t understand how anyone can sympathize with lebron. The leagues financial situation is stressed and needs as many avenues for revenue as possible to pay the players with $350 million contracts
The average NBA team is valued at over 2 billion dollars.
The NBA, in total, pulled in 8.8 billion dollars in 2019 pre-pandemic.
Per team that’s a little over 290 million, if you assume an even split.
Even down 10%, that’s still 7.9 billion dollars. Or “only” 264 million per team. The salary cap last year? 109 million, or thereabouts.
The largest player contact this season costs 45 million.
That’s Steph curry, playing for a team that’s valued at 4 billion dollars. I think we can all do the math here. Steph’s salary is a large bit of chump change for ownership, but it’s still chump change. Even if one revenue stream (live games and television contracts) is impacted.
And this is before you get into the fact that no NBA team ownership only relies on their team for revenue (save the Lakers).