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The reason the evil owners don't include fines as income is because they are all donated to charity.
After Billy Hunter made the grand stand of marching out of Friday’s bargaining session, refusing to negotiate below 52 percent of the NBA’s revenue split, there emerged a strong movement within the Players Association that’s vows the union will never let him act so unilaterally again.
From superstars to midlevel players to rookies, there’s an unmistakable push to complete the final elements of the system and take this labor deal to the union’s 400-plus membership. Beyond that, there’s an even larger movement to push Hunter, the Players Association’s executive director, out the door once these labor talks are done. All hell’s broken loose within the union, and no one is exactly sure how they’re going to get a deal to the finish line.
http://sports.yahoo.com/nba/news;_y...w-wojnarowski_nba_lockout_billy_hunter_110111
“Billy can’t just say it’s 52 or nothing, and walk out again,” one league source involved with the talks told Yahoo! Sports. “That will not happen again. It’s time that the players get to make a decision on this, and there won’t be another check lost before they do.”
Even if the League Office donates fines it receives to charity, it first classifies them on financials and tax returns as income, as per standards required by IRS and accounting standards.
When the revenue is later donated, it is classified as an expense. So it's both income and expense.
Fines meet the intuitive definition of basketball-related income, but not BRI as defined in the CBA negotiated by owners and union, a definition with exceptions totalling hundreds of millions of dollars per year, as I posted.
In conclusion, 1) I noted that there are many exclusions from BRI in the 57-43 calculation, such as fines, 2) you guys said, so what, fines are donated to charity, and 3) I just showed you why that is irrelevant to my observation that they are an exclusion from the 57-43 split.
Take the 51% man and let's play.
iambigbaby11 Glen Davis
The Economy in 1999 wasn't in the toilet the way it is now ... I get the feeling advertisers, ticket paying fans and viewers are going to be a long time coming back after this one.
My wife asked me yesterday who the hell that Kardashian broad is and why is she so famous? I have no idea.I still cannot understand the Kardashian phenomena.
The Kardashians are Bruce Jenner's step kids.
I know who they are, but just cannot explain their success. Sort of like the pet rock.
Factor in not only the economy, but all of the other entertainment options available now.
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It's not just the economy, or the other entertainment options, but I believe we are at the birth of a whole new way to enjoy activities because of the interactive and pervasive nature of technology. 5 years from now, many people who love basketball, and have plenty of money to go to the games, will opt to stay home and join a more shared network and interactive structure of viewership while sitting while watching their 72 inch screen.
This does not mean less money for the NBA, it just means different revenue streams (if managed well, revenue could increase, if managed poorly, revenue could plummet). I'm not sure exactly how it will work, but imagine a Facebook TV where all of your personal friends that are blazer fans join to watch together from their own houses. The game is shown over 80% of the screen while side conversations or xbox games are in the other areas, with friend text scrolling across the bottom of the screen. Each viewer could toggle between group voice, announcer voice, ipod, one-on-one conversations, and so on. Each individual could set up their screen to include multiple games in differing sizes, friend video, foe video, and all sorts of other personalized treats. The days of 20,000+ fans at a stadium are coming to an end.
You are describing a geek world that is very disturbing to me. There has to be 20,000 people in every city that desire to leave their house and be with real live girls and watch sports. How depressing.
You are describing a geek world that is very disturbing to me. There has to be 20,000 people in every city that desire to leave their house and be with real live girls and watch sports. How depressing.
