Warriors' sale could mean tough sell for NBA in upcoming CBA fight
Basketball Betting Lines
07/16/2010 -
Philadelphia, PA (Sportsbook Betting Lines) - There is an adage in politics - never
let a serious crisis go to waste.
In these tough economic times, rank and file workers across America have
never been more suspicious of management.
Most agree that the world's largest economy is not running on all cylinders
right now and some even argue that it's come off the tracks completely, but
most middle class employees can't help but get the feeling that management is
using a bad situation to take advantage of them by scaling back on benefits
and salary.
That kind of suspicion is about the only thing NBA players have in common with
the middle class.
Since the league instituted a salary cap in 1984, it has grown from $3.6
million per team to a staggering a $57.7 million last season. In turn, player
salaries have exploded, climbing from an average of $330,000 in '84 to $5.2
million by 2007-08. The numbers have stagnated a bit since then, but the
average NBA salary has stayed above the $5 million mark.
That growth had the NBA crying poverty at every turn when the economy went
south. Before the 2008-09 season, commissioner David Stern slashed 9 percent
of his office staff in New York and played hardball with his officials,
gaining significant reductions in the referees' retirement packages after
threatening a lockout.
During the NBA's annual owners meeting in Las Vegas, buried among all the
hoopla over the "Summer of LeBron," Stern claimed his league lost a combined
$370 million thanks to the recession, a figure NBA Players Association
executive director Billy Hunter balked at.
With the current collective bargaining agreement between the NBA and its
players set to end on June 30, 2011, Hunter thinks Stern is using fuzzy
math in an attempt to control salaries and make other changes to the CBA.
"David's numbers are unfounded," Hunter told ESPN. "It's a severe
exaggeration."
Stern cited slowing ticket sales in some markets and a hit in both television
and merchandising revenue to back his claim, while Hunter pointed to the
league's overall increase in ticket sales and a much-increased television
audience for the NBA playoffs to bolster his case.
Recent empirical evidence supports Hunter and the players.
A doom-and-gloom prediction by the NBA that predicted the salary cap would
decrease from $57.7 million to $50.4 million in 2010 was way off and the
league announced that the cap would actually increase next season to $58
million, a development that actually upset a number of the league's owners,
who were taken by surprise.
"As soon as we get it, we spend it," Stern said of the league's still solid
revenue streams. "That is the current system. We try to compete. Our fans
love that. So we'd like to keep the league as competitive as possible, give
all of our teams the opportunity to tell their fans they have a chance to win,
and have some profit in it for the owners."
Those same owners are continuing to spend at a breakneck pace despite the sour
economy and Stern's moribund words, giving even pedestrian players like Chris
Duhon and Hakim Warrick big paydays.
Meanwhile, the Golden State Warriors, not exactly the gold standard in the
league, are set to sell for a record price. The Warriors. who were a
disappointing 26-56 last season, are a lot closer to the Los Angeles Clippers
than the Los Angeles Lakers or Boston Celtics, but that didn't stop an
investment group led by Joseph Lacob to pony up a record price $450 million
for the franchise, exceeding the $401 million Robert Sarver needed to buy the
Phoenix Suns in 2004.
Both sides are distrustful of each other and are hunkering down and preparing
for the worst work stoppage since the 1998-99 lockout.
"I'm preparing for a lockout right now, and I haven't seen anything to change
that notion," Hunter said.
Don't expect Stern, a master negotiator, to blink and let this crisis go to
waste.
"I don't know how many collective bargainings I've participated in over the
last too many years," the commissioner said. "We've thus far only had one
failure to reach a deal in 1998. And many of the others have started out
poorly, had predictions of doom and gloom, et cetera. You just keep on
plugging. I think we've got a long way to go, but we have a lot of time to get
there. That's the optimism
"Judging from (the players') proposal, which basically embraces the current
system, we haven't closed any gap yet. But we're going to be resilient and
prepared to spend the time necessary to see whether there's a deal to be had
here, and we're going to do it for as long as possible."
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Michael Vick is back, Brett Favre isn't and the NFC East remains the best division in the NFC, maybe in all of football.
As players start to gather for the start of another season, some things change and some stay the same in the world of the NFL.
Bet 2010 Super Bowl Odds
The NFC East has been the dominant division in the National Conference for a while, despite limited playoff success, save for the New York Giants surprise Super Bowl win two seasons ago.
Hell, there's a generation of kids in Texas who have never seen the Cowboys win a playoff game (last win was in 1996).
But collectively, the Giants, Eagles, Cowboys and Redskins (well, maybe not so much the Redskins) are as good as a division gets in an NFC conference that has struggled to stay competitive with the AFC side.
Sports bettors have both acknowledged the NFC East's dominance, as one glance at the NFL future odds menu will show.
Looking over the NFL betting odds at online sports book MySportsbook.com we see the top three teams listed to win the NFC Championship are all from the NFC East:
Dallas Cowboys - 7 - 1
Philadelphia Eagles - 13 - 2
New York Giants - 9 - 2
Slotting in behind these three are two teams from the NFC North: the Minnesota Vikings (15-2) and the Chicago Bears (10-1).
Again, despite the lack of recent playoff success, the Dallas Cowboys are popular with the sports betting community, as they hold 14% of all the money wagered on who will win the NFC Championship.
So far, the New York Giants are the bettors' favorite to represent their conference in the Super Bowl, as they have 24% of the overall NFC Championship betting volume.
And what about the Philadelphia Eagles? For the most part, the Eagles had a very productive offseason, the kind that could bring them back to the top.
They had a good draft adding the likes of WR Jeremy Maclin and RB LeSean McCoy.
Unfortunately, the team received a blow when long-time defensive coordinator Jim Johnson passed away on Tuesday.
But this team will make a real run at the division title this year. Going into the regular season, Philly is listed at +240 to win the division.
Last season the Eagles were 9-6-1 SU and 10-6 ATS.
Teams from the NFC East will play teams from the AFC West in the regular season and the Eagles haven't really been a good bet in the last 20 games against the likes of San Diego, Oakland, K.C. and Denver, only going 8-12 ATS.
Two seasons removed from that Super Bowl title, the New York Giants see themselves listed as the odds-on favorite in NFC East championship futures at +162.
Plaxico Burress is gone and with him all the bad publicity surrounding the gun in the sweatpants incident, but can they replace him in the offense?
Last season the Giants were a very reliable bet going 12-4 ATS.
In the Giants' last 20 games against fellow teams from the NFC East; they are 13-7 ATS.
Dallas is listed at +240 to win the division.
Dallas went 9-7 SU and 7-9 ATS last season and with the amount of talent the Cowboys have, a similar performance won't do.
The Cowboys have been atrocious against divisional rivals, going 6-14 ATS in their last 20.
The Washington Redskins are longshots to win the division at +550.
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