this is such a bad take. The NBA had a 50-year head start and literal decades of unprofitability. The league was in dire economic straits until Magic and Bird.
It's because the NBA is so profitable and valuable today that it should generously subsidize its sister league.
It's because the NBA is so profitable and valuable today that it should generously subsidize its sister league.
https://twitter.com/SweeneyBuzzzz/status/1317500510111453185
again: the NBA pulls in revenues of nearly EIGHT BILLION DOLLARS annually. The Clippers are the sorriest franchise in major North American team sports and Steve Ballmer still paid TWO BILLION DOLLARS for the right to own them.
Why? Bc NBA franchises have skyrocketed in value.
Why? Bc NBA franchises have skyrocketed in value.
Herb Kohl bought the Milwaukee Bucks, for 18 million dollars in 1985.
He sold the team for $550 million in 2014. $550 million for a small-market, then-mediocre team that was then rarely on national television.
He sold the team for $550 million in 2014. $550 million for a small-market, then-mediocre team that was then rarely on national television.
major pro sports teams are a safe bets for the super-rich with a huge ROI.
yet y'all are arguing that they can't EASILY pony up several million apiece so the players in the WNBA don't have to travel the world to find work 11 months of the year?
Stop siding with billionaires.
yet y'all are arguing that they can't EASILY pony up several million apiece so the players in the WNBA don't have to travel the world to find work 11 months of the year?
Stop siding with billionaires.
the NBA could stipulate that as a condition of ownership of an NBA team, 8 million a year — the equivalent of the NBA's mid-level exemption (for signing free agents without it affecting the salary cap) — would be assessed and that money would go to the W.
$240 mil right there.
$240 mil right there.
of course the owners would balk. they're rich supervillains with mega-yachts "who don't believe in charity."
Adam Silver won't do it because his salary is literally paid by the owners. But the optics of something like this could change if NBA players made noise about it, too.
Adam Silver won't do it because his salary is literally paid by the owners. But the optics of something like this could change if NBA players made noise about it, too.
the entire WNBA makes less in salary a year than Evan Fournier, a thoroughly decent shooting guard for the Orlando Magic.
if you're a casual sports fan, you're probably more familiar with Sue Bird than you are with Evan Fournier.
if you're a casual sports fan, you're probably more familiar with Sue Bird than you are with Evan Fournier.
AND YET.
just say you trust billionaires, are skeptical of women, and be honest about it.
just say you trust billionaires, are skeptical of women, and be honest about it.
This is such an important point. One of the major ways that NBA owners generate revenue is ticket sales at their arenas — that's why they're always holding cities hostage and threatening to leave if the *CITIES* don't pay to have new arenas built for them
https://twitter.com/bendadams/status/1317534144906362880
we're literally giving billionaires hundreds of millions of dollars in municipal money and tax breaks so that those billionaires can make even more money for their uniformly profitable sports teams?
but making these looters subsidize the WNBA with that $ is a bridge too far?
but making these looters subsidize the WNBA with that $ is a bridge too far?
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