Pop Goes The Weasel …..
Well it is now being widely reported that the NFL in conjunction with the NFLPA have gotten an accord wherein an agreement has been reached between the two sides. From what I’ve been led to believe it will be that the union and Commissioner Roger Goodell on behalf the team owners have suddenly had their wits about them. It took the two sides just over 100 days to suddenly realize that neither side can do without the other . At the same time I do believe that Federal Court Judge Arthur Boylan simply made both sides an offer that neither could refuse ! Either they reached a compromise or Boylan would render a decision that would most certainly have some serious repercussions for both sides.
Slide show for your perusal .
If the teams now get back to full practice mode with them all returning to their training facilities then quite possibly a preseason and some form of a regular season will proceed as planned . From my own perspective I think it is more liable that we will see a preseason of 2 games with regular season of 16 games as planned, kicking off on time on the 8th September . As to what this says about the NFL and in particular for the players of the NFLPA , it may well all come down to wanting to save face rather than being forced into a situation where they may have to come off on the wrong side of a legal verdict .
DeMaurice Smith as the NFLPA Executive Director now knows that he and his members face something of an uphill battle in assuring the player representatives that this is now all in their best interest. Other the flip side of this coin , Goodell’s legacy may well appear to be in tact knowing that he dodged a bullet . And for the fans of the NFL well let’s just say that there are some amongst us who feel that it’s great that the league will be back in action . I simply hope that the news that is now coming down the pike concerning the NFL has some real veracity to it and that the new CBA is equitable and amenable to all of the parties concerned !
If the actions of the NFL doesn’t have a bearing on the NBA and their own situation then quite possibly we could very well see the two sides there reach some sort of a compromise. But herein lies the caveat , NBA Commissioner David Stern as the league’s highest ranking official has ruled the NBA as if it were his own personal fiefdom . Stern’s autocratic rule would make a third world despotic tyrant feel proud of their own accomplishments and achievements. In the case of David Stern he now appears to be fighting his toughest battle yet . The NBPA in all likelihood will most certainly be against making any concessions that has them appearing weak and at the same they are not prepared to lessen their grip on the league revenues which sees them receiving a 53/47 split of the $3.95 billion that comes into the league’s coffers each season .
One wonders how it is that repeatedly when such instances arise in the wake of a hierarchy induced stoppage how it is that no foresight is shown wherein a collective bargaining agreement that the two sides prior to that expiration the two sides don’t start negotiating in advance ? That was most certainly the case with the NFL and also once again here with the NBA ! It would appear reasonable to suggest that they ought to have done that in the first place ____ starting off in good faith rather than the intense , sometimes rather animated and infantile exchanges that are said to have taken place during these negotiations between the NFL , NFLPA and now between the NBA and NBPA. Kind of makes one wonder who actually is the child here and who if anything is the adult overseeing this all ? It may well be that things will indeed have to take a real turn for the worse before any semblance of common sense is actually shown. I’m sure that Stern or his union counterpart Billy Hunter surely are not willing to have the FMCS (Federal Mediation & Conciliation Services ) or the US Federal Court intervene in this matter because should that occur then no party comes out in the end looking like a winner under any circumstance.
Now there’s a great deal to be said about the utter stupidity that has shown by the team owners , league hierarchy and in particular the general managers of the teams in the NBA . And now with a number of players now seeking to ply their trade elsewhere knowing that while a lockout remains in force they know that they are not covered in terms of insurance coverage during a league enforced lockout. Salaries , well it’s obvious that those won’t be paid at all so for the players who choose to play in Europe or elsewhere so that they can then earn a sizable sum in the midst of the stoppage and at the same time remain relatively fit is of benefit to themselves and their financial well being .
I find it somewhat naive of the fans are of the opinion feel that the league isn’t losing money but then again it all boils down the league showing very little by the way of transparency . They certainly are averse to opening their books for public scrutiny and it certainly has made David Stern look the complete idiot , when he , himself has sold the golden goose as a brand that simply was all in good standing. In the last two years Stern has made sure that teams around the league have been the financial recipients of over $600 million in loans , all of which the commissioner stated wasn’t to be viewed as a bailout . Somehow in the midst of this all David Stern is now finding out that all that glitters simply isn’t gold . Admittedly the ratings for this past season’s NBA Finals were a bonanza for ABC but the attendance for scheduled regular season games around the league saw a marked decline . Much of which has led to part of the financial instability for a number of teams. Owners such as Mikhail Prokhorov , Dan Gilbert , Joe Lacob and Peter Guber vastly overpaid for the respective franchises purchased but herein lies the caveat as in the case of Gilbert he’s amongst a number of team owners who are now cash strapped in more ways than they would actually care to admit . Nowhere is this more self evident than in the case of the Sacramento Kings and the ownership group led by Joe and Gavin_Maloof as they’ve simply looked to seek financial aid courtesy of the league hierarchy and advantageous tax exemptions from the city of Sacramento .
The plight of the Kings is by no means clear albeit that they will remain in Sacramento for one more year . Do not be surprised were the Maloofs to take off like thieves into the night with their bags packed and the city of Sacramento is left without an NBA franchise . One simply has to remember what took place with the Seattle Supersonics and their move from that city to Oklahoma City and the lies that permeated through the decision to move all orchestrated by David Stern and the Thunder ownership group led by Clay Bennett . Money may well have exchanged hands to finally facilitate the move but the city (Seattle) remains without a franchise and that simple feeling that they had been duped all along by the NBA . That once again is liable to happen with the city of Sacramento and the Sacramento Kings when it’s all said and done .
Falling attendances in an economic downturn is one thing but when the teams choose not to rein in their expenses and Stern seems to be adverse to actually initiating a hard salary cap rather than insisting that a soft cap now works for the teams. This has proven to be misplaced and even more so given the fact the commissioner has admitted that teams are hemorrhaging red ink like a corpse exsanguinate blood after receiving a nasty abdomen wound from a shotgun. I personally believe that the league hierarchy , the general managers and owners around the NBA have simply lost touched with reality . And the union and its executive committee are not that far behind in this whole asinine charade as they each look to one up each other. The league hierarchy wants to hold on to what little power it still has whereas the union simply wants the status quo to remain as is or perhaps get an even slightly larger slice of that pie.
This stoppage may well be the wake up call that this image enriched league needs to bring it back to reality. And the case can be made that much of this was simply brought about by the ambition of David Stern as he viewed that the best way to market the league was through its stars rather than the marketing of the teams . This scenario worked well when the league was in need of real vibrancy and they found it in a marketing and basketball phenom in Michael Jordan . And the rest as we say is history as the league and Jordan had some rich and wonderful years that have benefited both financially beyond their wildest dreams. Since the six time championship winning player retired from the game it has to be said that the NBA hit some lean years from a fan and attendance standpoint. Competitively the NBA is has had its ups and downs but the teams we expect to see make the NBA playoffs usually do , with there being one or two surprises along the way.
As I have alluded to earlier the league hierarchy simply are averse to any real transparency as to the their business practices and how they actually conduct their operations . The asinine situation remains is the very fact that there are fans out there who simply believe that the league can’t hit upon hard times. If they believe that to be so then simply look at the problems we now see befalling such teams as the Los Angeles Dodgers and New York Mets are not mere hiccups . If only these fans would care to look beyond what takes place on the field of play and look to what is actually going on in the boardrooms of the teams then they would actually understand what is happening. Many of the thought processes I’ve heard _____ “we have a horrible owner and he needs to sell the team then we’d be much better off “ .
Given the situation with the economy and the asinine belief of some fans that billionaires such as Mark Cuban , Larry Ellison , Carlos Slim Helu and Eli Broad would even be interested in overpaying for a franchise that simply has seen its profits decline and many of its streams begin to dry up with the seller seemingly seeking prices that are inflated and not based on being anywhere near being realistic . Buyers simply don’t buy a sports’ franchise on a whim, they look to make sure that the purchase will be of benefit to them and that there is most certainly a chance of success before they would even consider plowing their money into such a venture . But then again that may not have been the case with the purchase made by Frank McCourt of the Los Angeles Dodgers and the sheer ineptitude shown by the team owners and baseball hierarchy in approving the deal to begin with for the sale of the team. Most certainly due diligence can’t have been used by the league hierarchy and anyone who simply believes that to have been the case has to be an idiot to begin with ! This very same hierarchy and owners voted against McCourt when he originally sought to purchase the Boston Red Sox but a mere three years later they saw fit to vote him in amongst the team owners’ fraternity by approving his purchase of the Los Angeles Dodgers . Somehow words escape me as to the mere ineptitude that has been shown by Bud Selig , the league hierarchy and in fact the team owners of Major League Baseball !
Dan Gilbert though a multi millionaire is now finding out the hard way having seen the marked decline in the value of the Cleveland Cavaliers but at the same time he’s having to pay down the principal and interest having purchased the team by way of a loan from a major financial institution. This could very well be one of the numerous reasons why we are now seeing a number of owners beginning to voice their disapproval with the way that Stern has handled the matter but somehow they remain steadfast in their support of the commissioner and league hierarchy for now. Long time owners having bought their teams relatively cheap simply haven’t that much to worry about in large part but there are those recently new team owners that have spent hundreds of millions in their purchase that have yet to see anything tangible from that purchase by way of success or in the form of a profitability standpoint.
So apparently as one door closes another is still left ajar as the NBA continues with its own form of infighting . It will be interesting to see what now permeates between the two sides and how each looks to make their presentation of their case for the public’s consumption. I doubt that the vast majority of the league’s fans actually favor one side or another but they would simply be rather content to see both sides reach an agreement rather than what could turn out to be a rather bitter dispute between the two parties . It’s bad enough that the public has to endure that same sort of stupidity with the members of the House and Senate up on Capitol Hill without it now having to be shown of all places within the domain of big time professional sports . But this simply has become a microcosm of our society and when greed rather than common sense gets in the way of a real issue then for all sense and purpose stupidity sets in and ‘pop goes the weasel ‘.
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If the related news is said to be true are you happy that the NFL will be back in full swing with a scheduled formatted season of games to be played ? And what are your own thoughts on the NBA’s self imposed lockout and how do you see that scenario ending ? Simply leave a comment as to your thoughts and as always thanks for the continued support .
Alan aka tophatal ……. https://tophatal.wordpress.com
NB : At the time of writing this piece the news concerning an agreement having been reached between the NFL and NFLPA _ no formal statement had yet to be issued , so as of now things still remain as they are .
(1) Cleveland Cavaliers owner Dan Gilbert talks with the media at a press availability at the Cleveland Clinic Courts in Independence, Ohio on Tuesday, June 8, 2010. AP Photo/Amy Sancetta …..
(2) Larry Ellison, chairman and CEO of Oracle Corp., talks about his company during an interview Monday, May 8, 2000, in Dallas. Ellison, who unveiled a $199 Internet machine before an audience of students at a performing arts high school, said Oracle will donate more than 1,100 of the machines to 23 Dallas schools. The machine, which lacks a hard drive, is targeted at the education and consumer markets. Ellison the founder of Oracle is an ardent basketball fan who lost out in trying to acquire the Golden State Warriors earlier this year. AP Photo/Tim Sharp ……
(3) Billionaire real estate mogul and philanthropist Eli Broad . Courtesy of Forbes Magazine / Joe Puglise @ all rights reserved copyrighted material …
(5) NFL commissioner Roger Goodell, left, and National Football League Players Association executive director DeMaurice Smith speak to reporters outside the Ritz-Carlton hotel in Sarasota, Fla., after speaking at the NFLPA’s rookie symposium, Wednesday, June 29, 2011. AP Photo/Brian Blanco ………
(6) (L-R) Brothers George Maloof, Gavin Maloof and Joe Maloof watch a preseason game between the Sacramento Kings and the Los Angeles Lakers at the Thomas & Mack Center October 13, 2010 in Las Vegas, Nevada. The Lakers won 98-95 . Getty Images North America /Ethan Miller ……