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May 1, 2009
The NBA money crunch, trading empty seats for advertising, and keeping Coach Frank
Atlantic Yards Report
NBA's woes
ESPN columnist Bill Simmons thinks that the NBA's fiscal troubles, about which he's written already, are becoming ever more apparent.
Advertising vs. attendance
Norman Oder unpacks the spin that plans for banner advertising to cover seats in the upper decks of the Izod Center would create "additional revenue":
Well, "additional" compared to what? Wouldn't a full house, with the fans paying for concessions, bring even more revenue? Otherwise, they could put up advertising anywhere.
Can't afford to fire Frank
It's hard not to agree with Bergen Record sports columnist Al Iannazzone:
Money likely played a part in Thorn’s decision [to keep coach Lawrence Frank]. Nets’ ownership is losing millions, so it would be difficult to eat the $4.5 million Frank is owed next season and pay another coach.
Posted by lumi at May 1, 2009 5:41 AM