For those of you interested in billionaires and such, here's an amazing chart of where the money is. Not just the money in basketball ... all of the money, period. And this from The New Yorker's John Kenney: "There are those in the more liberal press who have questioned whether the wealthiest one per cent truly understand how difficult life is for so many Americans right now, and to that we would say -- Oh, look, someone just brought in lobster and a Bollinger Grande Année."
Google+ is one of the digital frontiers the NBA will have to explore. If it's going to be anything like as big as Facebook or Twitter, they'll have to have a big presence there. But the NBA doesn't have much to say for itself these days and so some players are planting their flags there first. It's not a huge deal, but it's one more way a lockout could let business-minded players exploit their temporary business freedom.
Wizards owner Ted Leonsis is widely believed to be a hardliner among NBA owners. But he's not the only such person who, despite denying NBA fans actual basketball, go to a lot of trouble to come off all warm and fuzzy and likable. His holding company, Monumental Sports & Entertainment, has this line on its new website: "Monumental Sports & Entertainment’s mission is to be an unparalleled, community-driven enterprise, showcasing the best teams and best entertainment venues and investing in and giving back to the greater Washington, DC, region." How about if you skip all the fancy stuff and focus a little more on, you know, operating? This is what the Wizards' players are up to instead of playing NBA basketball.
David Berri, writing on Freakonomics: "After the final agreement is in place and the players start collecting less money, do not expect your ticket prices to go down. Ticket prices in sports are driven by demand. Martin Schmidt and I have published research that indicates that demand will not be impacted by this labor dispute, and so ticket prices probably will not be changed much going forward. In other words, regardless of how this contest is eventually decided, fans are just going to have to be happy watching pro basketball again."
Magic potions for all, and to all a good night.
Power Balance money trouble rocks the "performance technology sector" and, more importantly, threatens to cost the cash- and stadium-hungry Kings some dollars.