pants wrote:College Wolf wrote:jbird wrote:I know it wont happen but do you think people will finally say enough is enough with overpaid athletes if both the NBA and NFL players go on strike because 20 mil a year is not enough for them. The reason it costs us 100 a game a person is because the amount the players are making. Luckily the wolves will take any money they can over the none at all they would get if there tickets were priced at the usual 50 dollars a lower level seat.
I hate to say it but I think the NHL is the only league that got it somewhat right by having players put into the escrow account and if the league makes money the get it and if it doesnt the money goes to cover operating costs. Each player puts in 15% of there yearly salary.
I sure hope that people will finally take a stand. I mean, pro sports is just getting absurd with the salary and cost escalation. It's just beyond insane. Families and the everyday fan are getting priced out. Granted, we can still go to Wolves games for cheap because they suck soooo bad, but that's definitely not the norm.
Things need to change. I hope both leagues go to a HARD salary cap like the NHL, and implement the escrow account as well.
The NHL and it's absurd 10-15 year contracts are enough to make me discount the idea of comparing to them. The worst job of administering any major pro league is the NHL BY FAR. They have 10 too many franchises where they don't belong.
I really like the current NBA contract setup. It allows a well run franchises to spend more when they are good and less when they are bad and use that fact to their advantage.
Why do you guys think a hard cap would bring ticket prices down? Is there any reason to think an altruistic owner exists who will take less profit (or more losses) to lower tickets?
The NBA has an escrow system as it is now and the current CBA sets the salary cap based on league revenue.
As for guaranteed versus non-guaranteed contracts it isn't all honky- dory when you can void them. That means you have holdouts and huge signing bonuses that make contract way more complicated.
Well, ticket prices could be lowered if overall salaries decrease (in conjunction with a hard cap.) If things continue how they are, ticket prices won't go down.
Of course, to implement a hard cap and lower the overall percentage of revenues that players receive, a ton of contracts will have to be grandfathered in, and I'd guess there will have to be at least a 3 year window for everything to fully transfer over.
But that would be good for the health of the league in the long run. The NHL is surviving because of their salary situation. The NFL is surviving because it is BY FAR the most popular sport and has the biggest overall revenues. MLB and NBA are in serious trouble if they don't do something soon to fix their financial situations. There is no way they will both continue with the way costs have escalated. And yes, the owners are a lot to blame for how they have paid players, but I do feel they should be "bailed out" and have the financial situation changed and regulated for their own good. We can't have the system that allows the "haves" to spend way more than the other teams. And player salaries have reached the point of beyond absurdity anyways. Does anyone really believe players are worth what they get paid? Only like the 5% that are the best in the world, but there is no way guys should be getting the MLE that have gotten it in the past. LeBron getting 20 Million per year is a lot less absurd than Gortat making 6 million per year. Even then, 20 million is a ridiculous amount for anyone as well, but at least the best 5% of players are a lot more deserving if anyone is gonna make amounts like that.
Does this make sense? I'm rambling. More vicodine...
