November 28, 2011 – The Hoop Doctors
NBA players and owners have reached a tentative deal to end the 2011 lockout. The owners got pretty much what they wanted while the players saw their share of revenue slashed from 57% to between 49% and 51%. Rather than address the problems that got the league into this situation — namely the absence of real revenue sharing between large- and small-market teams — the owners essentially extorted the players. They locked the players out, which led to the loss of 16 regular season games and cost both the players and owners $400 million in lost revenue. As of now, the 2011-2012 NBA season could start on Christmas Day. Training camp starts Dec. 9.
Check out Next Media Animation’s latest video on the NBA:
