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financial crisis

I think most NBA dorks got the match ups we wanted in both the Western Conference Finals and the Eastern Conference Finals.

Three weeks ago, nobody (well, nobody except me, the Denver Stiffs and the Nugg Doctors) was watching the Nuggets too closely, but it became overwhelmingly evident by, say, Game 2 of the Denver/Dallas series that the best match up to determine who the West is sending to the Finals would be the Lakers vs. the Nuggets. After the Lakers struggles, many people even think Denver will win this thing. (I’m not really one for predictions, but I’m not in that camp.) The Rockets were a decent story given their relatively Rudy-like frontline size and scrappy, Hoosier-like improbable run, but watching the Rockets vs. Denver really would have been an inferior match up.

In the East, I actually even had myself convinced that Celtics vs. Cavs could be okay, mostly given Paul Pierce vs. LeBron. But this isn’t 2008 and The Truth is clearly too beat up and too worn down to give us any more classics like last year’s Game 7 Bron/Truth shoot-out. That was pretty clear even in the Celtics/Bulls series, really, but the Magic’s flaws and the Celtics gritty ability to actually push Orlando to seven games probably gave Boston a renewed sheen that they really didn’t warrant.

So, instead, we get the better basketball match up in Cavs vs. Magic. I really think Cleveland might just sweep Orlando, too, but with Dwight being a force of nature in the paint and Hedo/Shard/JJ/Pietrus liable to hit a combined 15 threes in any game, I wouldn’t be too shocked to see them take one game down in Mickey Mouseville. Then again, who is guarding LeBron? Courtney Lee? Rashard? Hedo? Mikael Pietrus? Yeah, good luck with that.

But regardless of the probable beatdown, it is at least the best matchup we could ask for in the East. As far as finances and marqueeability are concerned, however, the League and the television stations airing the games would probably have much rather seen Cleveland vs. Boston and Los Angeles vs. Dallas.

A Sports Media Watch article illustrates why:

The NBA Conference Finals may feature the Lakers, LeBron and Superman, but it could be a long couple of weeks for the league’s television partners — particularly TNT. The Conference Finals feature teams from the #17 (Cleveland), #18 (Denver) and #19 (Orlando) markets, with only one team in the top ten (#2 — Los Angeles).

As the article notes, ESPN/ABC should do alright just on the strength of Kobe and the LA market alone. And with most people projecting the Nuggets and the Lakers to battle for at least six games, a competitive WCF should drum up plenty of national interest even if it the Denver market is less than ideal. (Then again, how many locals who normally wouldn’t pay much attention are going to have special rooting interest against the Lakers given Mamba’s legal troubles in Colorado a few years back?)

Orlando, then, seems to be the market that TNT really needs to worry about, especially since the national audience probably isn’t going to be overly excited by the time the Cavs fly down to Orlando up 2-0. Orlando/Boston Game 6, for instance, drew fewer local Orlando viewers than The Preakness Stakes, and Games 2 and 3 were both beat by the final round of PGA’s Players Championship.

LeBron should make a big difference though, right? Maybe not.

The battle of mid-sized markets may feature LeBron James, but there’s a little known secret in the NBA — LeBron does not move the needle nationally. Despite his talent and all the hype, James has always needed a high-profile, big-market opponent to draw viewers.

As someone who spends many of his January nights watching regular season games between the likes of the Clippers and the Kings or the Pacers and the Bucks, I personally don’t really care if anyone else is watching. Since MJ retired, the NBA has become a fringe sports league anyway and I understand that many of my friends have way less interest in the Association than NFL/NCAA football, Major League Baseball and even NCAA hoops. And that’s fine.

But the troubling aspect is to see this waning interest come during the financial crisis. League revenue is already down nearly across the board as season ticket renewals plummet, corporate luxury boxes sit empty and consumers buying fewer concessions and merchandise in most NBA cities. The salary cap for next year is almost certainly going to be flat at best and may even likely decline. Owners, many of which are hemorrhaging money not just from their NBA hobby-horse franchise but also in their real-life business ventures, are not going to spend a lot of money this summer.

And poor ratings just add one more proverbial box of unsold Jermaine O’Neal Raptor jerseys to the NBA-wide revenue bonfire whose black smoke has been clouding the entire 2008/09 season since Lehman Brothers tanked and AIG became property of Capitol Hill.

Despite my personal fascination with the topic, the finances and business operations of the League are not something a fan should really care about. The sport itself is why we’re all here watching. But when you find out that we’re all not here watching — not even for free from the couch — and you already know the economic crisis is affecting how teams are trading, signing free agents and even drafting, it raises a lot of concerns that teams will increasingly overvalue the bottom line at the expense of putting together a quality team.

And if no one’s watching anyway, why shouldn’t they?

economic-crisis

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Dear Barry O,

All us NBA guys were really excited when you beat that Darth Vader sans helmet guy in that one election a while back. However, I know that you’ve had a rough two months since you went to that Beyonce concert.

Well luckily I was listening to some classic Swizz Beatz tracks (“Flesh of My Flesh,” “Memph Bleek Is…,” “Wild Out,” “Jigga My Nigga,” some Drag-On ish, etc.) last night with Tim Thomas and it made me remember that famous quote from Ruff Ryder Teddy Roosevelt: “The only thing we have to fear is carrying a bit stick softly.”

Never before has this truism been truer than it is true during the current dough crisis. But if you watch my solution in the video below (via The Blowtorch), I think you can agree that the whole country will be fine.

In summation: I got this.

Your welcome,
Bradley Alan Miller

P.S. – Now that you have some free time, we could use you in the back court. That Gordon kid is good, but he’s kind of a cock. Text me.

O.P.P.S – Tell the Defense Secretary that I have no plans this summer and can head over to Afterganistan if he needs help training the the troops.

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Bron, Kobe & KG Could Ruin the NBA Economy

by Jared Wade on December 15, 2008 at 2:51 pm · 0 comments

I generally like Darren Rovell over at CNBC’s SportsBiz and today he has some thoughts on why the triumvirate of steam-rolling destruction that is the Cs, Lakers and Cavs is not gonna be a good thing for overall League-wide revenue. (via Fang’s Bites)

The dominance of these teams is actually the worst thing the league could have wished for. Why? Because the more teams you have at the .500 mark or better, the better off the league is in terms of convincing people to come out and watch a game or view it on television.

And as any with good argument in the Power Point world in which we live, he has a chart to prove it:

YEAR WINNING PCT OF ABOVE .500 TEAMS

2008-09 .662

2007-08 .632

2006-07 .604

2005-06 .639

2004-05 .604

2003-04 .598

2002-03 .598

2001-02 .595

2000-01 .606

Okay. That might not prove anything, but the logic makes since that very few people are gonna give a shit in March about a Bucks/Kings game. Of course, no one would have cared about that game anyway, but I think the point is that because so few teams have any shot to dethrone the Big Three, no one is going to care about a Bulls/Heat game either — at least not enough to show up and drop forty bucks on a ticket.

Or, in his own words:

I didn’t go back any further [than 2000-01 in that chart], but there’s a chance that, through the first quarter of the season, we’ve never had this type of disparity ever before. In this economy, I don’t think that’s a good thing.

And if you subscribe to downtrodden themes of last night’s 60 Minutes report that the mortgage crisis is only really about half over and the United States is in for a solid three- to four-year economic slowdown, Rovell’s views are certainly troublesome for those small market teams that are struggling this season.

So Kings, Pacers and Bobcats, we’re looking directly at you.

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The Nets Want to Find You a Job

by Jared Wade on November 12, 2008 at 2:35 pm · 0 comments

Great stuff out of the Nets organization.

In the midst of this challenging economy, the Nets will give unemployed fans a break by providing free tickets for five select Nets home games, as well as offering résumé placement with Nets sponsors, and providing access to a Career Fair.

Those fans will get access to a career fair at the Izod Center on Nov. 22.

Team president Brett Yormack says he hopes that fans helped by the NBA team will become regulars at its games when times are better.

As part of the new Nets Employment Program, fans that are seeking jobs can sign-up at www.njnets.com and should email their résumé, former employer, contact information, and career field of interest to the Nets Job Bank at jobbank@njnets.com.

The Nets would then release 300 tickets per game on a first-come, first-serve basis for fans that enroll in the Program.

In addition, the team would send the résumés received to Nets sponsors and season ticket holders with businesses that are involved in the Program.

Jayson Williams is presumably not welcome.

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Pistons Bail Out Motor City

by Jared Wade on October 28, 2008 at 11:45 am · 0 comments

As most Both Teamsters know, there aren’t a lot of rules on this blog. But one ironclad edict is that every time I find a photo of Sheed pumping gas, it gets it’s own entry.

Apparently, the Detroit players gathered yesterday evening at a gas station to give away free gas to anyone who showed up at the pump. (There was a limit of $20 per car, however. Cheapskates.)

The Blowtorch has a photo of Sheed not knowing how to use a gas pump and Need4Sheed has a decent video of Kwame in action.

Said Kwame: “I’m already in crippling debt since I’ve blown way more money than I’ve earned in the NBA and I don’t expect to be in the League two years from now, so I sort of looked at this as an internship opportunity. It would be great to get a job doing this after basketball.”

(Photo: D. Lippitt/Einstein, NBAE/Getty)

(Photo: D. Lippitt/Einstein, NBAE/Getty)

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