Post#22 » by DeeDub » Thu Jul 10, 2014 5:24 pm
If the players are smart, in the next round of CBA negotiations, they will make a credible threat of forming their own league. And it wouldn't be very hard to do. They'd just need a players (which they'd have), uniforms and balls (small costs), arenas (most of which are not owned by teams and would be happy to have another tenant) and a TV contract. There are a lot of players who have made $100M+ and are internationally recognized brands of their own. With a little organization and a little venture capital, they could get a mega TV deal. If a new league with all the players, or even just most of the top ones, auctioned off the TV/broadcast rights they would make many billions. It would kill the networks that have the current NBA rights but that would only encourage the competing networks to want it more.
It could be structured in a bunch of different ways but I'd go with a single entity approach. All players employed by the league but assigned to different divisions (teams). Use the law firm model and have rookies sign scale contracts but after the rookie contract you become a partner and have equity and share in profits. When you retire, you give up your equity in exchange for some cash.
Turn it around and put coaches and management on small scale contracts. Share the profits among the players. The NBA would be dead within a few years. And if nothing else, the threat of that would dramatically change the complexion on CBA negotiations.
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