Archive for 'The Sports Economy'

There’s No Hiding the NBA’s Financial Instability

There’s No Hiding the NBA’s Financial Instability

Posted on 03. Mar, 2009 by Collin Orcutt.

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NBA Commissioner David Stern was pitching his “everything’s financially A-OK” Kool-Aid hard last Thursday when talking about the league’s $200 million loan. Apparently, not every NBA big wig rushed to his juice stand to grab a glass.
Stern claimed the loan was a sign of the league’s “strength in credit worthiness.” But, as I wrote before, [...]

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A $200 Million Non-Bailout?

A $200 Million Non-Bailout?

Posted on 27. Feb, 2009 by Collin Orcutt.

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By now you’ve probably heard the NBA borrowed $200 million yesterday. The money, offered and lent to the league by JP Morgan and Bank of America, will reportedly be used by franchises to help cover operating losses acquired in this shoddy economy (the number of teams that will use the money is either 12 or [...]

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What to Make of Portland’s Blazing Mess

What to Make of Portland’s Blazing Mess

Posted on 12. Jan, 2009 by Collin Orcutt.

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The Portland Trail Blazers’ management has caused quite a stir around both the NBA and the blogosphere recently. Last Thursday, as reported by Sports Illustrated’s Ian Thomsen, Blazers president Larry Miller sent a warning e-mail to all 30 NBA team presidents and general managers. The e-mail threatened legal action if any of the teams signed [...]

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