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Sunday, October 30, 2011

The intransigence caused multibillion-dollar losses in the NBA

The intransigence which survives today in the NBA cause multibillion-dollar losses to players, owners, entrepreneurs, television and thousands of workers and businesses linked to the show in the United States . Cancelled the first month of competition for lack of agreement to remove the stoppage, the data reaches shocking figures and with the income consisted mostly of players and the possibility of leaving the streets to many employees of stores, restaurants, hotels and service workers, among others.

According to the commissioner , David Stern , the cancellation of the preseason games mean losses of about $ 200 million for both owners and players. Now with the suspension of the first month of the campaign, the owners lose revenues close to a million dollars per game, while players are not 700 million in wages, according to estimates by sources close to the league. "We do not know the exact figures, but we're talking hundreds of millions of dollars," said Adam Silver, the second of Stern in the direction of the NBA. "We have a lot of time calculating the economic impact and I can only say that it is huge, devastating." arguing that the league lost $ 300 million last season and 22 of the 30 teams finished with debts, the owners insist on sharing the profits percent to 50 players, who agreed to reduce from 57 to 52 of the previous agreement on a new labor agreement and even chimerical.

The catastrophic consequences are also small businesses, hotels and a broad spectrum of employees who are hired during the season this year was scheduled to begin November 1 and an extension of six months to 82 games per franchise. "This is a big blow to our fans, who are ultimately paramount issue," said Lakers point guard Derek Fisher of the , chairman of the players' union. "They have no voice in this fight but we will continue making efforts so they can enjoy the sport." An initial two-week cancellation left open the door to try to save the full schedule, but the suspension calendar for a month been forced to handle other variants 74, 70 and 50 games, always appears depending on the much needed end to the "lockout."

The situation has taken such a dimension that the city of Memphis, home of the Grizzlies, is taking the first steps to sue the NBA by the municipal revenue losses because of the dispute. Experts believe that other cities will surely legal action against the NBA, because they have spent public money to build facilities for the league and are not recovering their investment. "We to account for the losses they are suffering, so that these losses will be considered as we move forward, "said Stern. And while the delay continues, the losses are staggering, the Dallas Mavericks will have to wait to receive a championship ring in the debut of the season against the Chicago Bulls on a date still unclear.

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