If the product is "the game of basketball", then why does the WNBA suck lol? It's not just the players either. It is the elite player. People became interested in the Clippers because of Griffin, OKC becuase of Durant, and Cleveland when Lebron was there. Miami became a circus because they had Lebron & Wade with a little Chris Bosh on the side.
The NBA has always marketed its top talent more then any other league. It's why the All Star Game is such a Huge event. Football on the other hand markets the sport. They don't sell players as much. It's easier though since they wear helmets.
If you took out the superstars of the NBA... The every year All-Stars the average fan who isn't a die hard fan wouldn't be interested that much. Not everyone roots for a team like we do the Celtics. Most people follow players, not team, and that is why the Superstars are the product.
While this is all true. Without the NBA, these players would also not be what they are.
The product is the whole package.
Would you buy just a computer processor? Would you buy just milk and flour when you want a cake?
They need each other. The owners know this, but I am getting the impression that the players have not realized it. So, this lockout is going to keep going until that sinks in to the players, so both sides can agree to work together.
I think a better analogy would be the League is the computer, and the Players are a videogame. yeah, without the "elite" players, the league would still be able to function, with lower level talent. People still would want to watch basketball, so people would still buy computers, cause they like to check their email and such. However, the real draw is the video game. The video game is something that will get you to go out and spend hundreds of dollars on the computer in the first place.
Also, people need to keep in mind, a majority of "fans" aren't the same type of fans that we are, that live and breath the game. Most fans are just people who love LeBron, or Kobe, or whoever. It's not exactly speaking for us, saying people go out just to see the players, but for the majority of fans, that is the reality.