As if demanding a one-third reduction in player salaries isn’t enough, the NBA owners are reportedly considering an even more drastic step to eliminate a bunch of NBA jobs. According to a report by CBS Sports, the NBA owners are actually considering the possibility of eliminating franchises.
NBA Labor: Owners Reportedly Considering Possibility Of Contracting Teams
In another staggering development Thursday, CBSSports.com learned that salaries may not be the only area cut as the NBA tries to gets its financial books up to speed with the explosion in popularity the league will experience this season. A person with knowledge of the owners' discussions said the league "will continue to be open to contraction" as a possible mechanism for restoring the league to profitability.
The owners, according to the source, are examining whether the NBA franchises are located in the best markets. I suppose all mechanisms for making the league more profitable should be on the table. But contraction? Is that really the best thing to do right now, when there are so many borderline NBA players fighting for jobs in the league that deserve it?
If the players don’t go for the salary reduction, what makes the owners think they’ll go for this?
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