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November 10, 2011
Catching up on the NBA lockout: contract may be resolved today, but a lost season would hurt the Brooklyn-bound Nets far less than rival teams rooted in their cities
Atlantic Yards Report
We're the 88% (who haven't noticed that the NBA is missing)!
What does the continued NBA lockout--which may finally be resolved today (see links at NetsDaily)--mean to the New Jersey Nets? Well, consider the post by Forbes magazine's Mike Ozanian, who considers the team among Five NBA Teams Would Lose Less Money With No Season.
That's consonant with one report--though they haven't been widespread--portraying principal owner Mikhail Prokhorov as a hardliner. CBSSports.com's Ken Berger wrote 11/6/11, in For hardliners on both sides, 96 hours left to save NBA season:
Prokhorov, who according to sources is fine with a strategy that would blow up his mediocre team's last season in Newark, is lucky in that he doesn't really have a fan base to hold him accountable. But where are the city attorneys, district attorneys, attorneys general and editorial page writers in some of those other cities to ask who's going to refund taxpayer money that's funding empty basketball arenas during a canceled season?
Then again, playing this season might help keep star point guard Deron Williams, who can opt out of his contract, on board. More importantly, under the owners' proposal, the Nets will have a lot of flex in their salary cap to sign free agents to complement Williams.
NoLandGrab: The Nets had a lot of flex last year, too, when they were rebuffed by LeBron James, Dwyane Wade, Chris Bosh and Amar'e Stoudemire and ended up with Johan Petro, Travis Outlaw, Anthony Morrow, and Jordan Farmar. Who?
Posted by eric at November 10, 2011 11:05 AM