SNPA wrote:xxSnEaKyPxx wrote:SNPA wrote:For those unable to click links…
6 men’s / 6 women’s.
8 cities around the global. Two week intervals.
The list of investors is legit. These guys can do this if they really want. LeBron seems already in via Maverick Carter.
I’ll ask again, why would a superstar play in a salary capped league when there is a chance to play for multiples the money, in fewer games and with more global fame? I’ll await an answer.
Because the entire concept of the league is flawed. I can break down each one in more detail, but honestly, I don’t care enough to change your mind - so I’ll just give a few of the more obviously reasons as to why it won’t work.
Investors will only invest in things that make sense. You can have talks with investors, and saying things like “will rival the NBA” is the exact thing you’d want to say in a pitch, but ask “how?” and the entire argument would fall apart and the investors will back out. If you only have 6 teams, you’re not going to be playing a ton of games. If you’re not playing a ton of games, you’re not bringing in a ton of cash. If you’re not bringing in a ton of cash, you’re not going to be able to pay athletes more than their NBA contracts are worth, unless you find a billionaire who just actively wants to set money on fire for no reason. Even if you find that guy, you have to he’d be willing to do it with all the stars of the NBA, because if you only get one or two - no one is going to care. You have to pull the majority of the stars away from the NBA in a very short amount of time(because the league will be hemorrhaging money) or else the whole thing flops.
I get it. The NBA sucks and we all want better, but this entire concept is laughable.
If they want to start a basketball league, maybe they can get something to work. Trying to brand it as something that will rival the NBA is a joke though and any reasonably intelligent investor would back out the second they see how ridiculous the premise is.
Disagree.
American football doesn’t play many games, they seem to make plenty of money. Scarcity can drive up prices.
You also ignore the hook (the how), no salary cap or a cap way higher than the NBA. The pitch to investors is agents and players will go for the money. That’s a solid concept.
Say you’re Wemby and you aren’t even sure the league will make a second season…but they are offing you 250m for this season. The Spurs are offering 50m and will take you back in a second if you ever want to return.
American football has the best players in the world with no competition at all. To even try to compare that scenario to this one is like comparing apples to some fried cricket delecacy. They are not comparable scenarios at all.
Not to mention, thinking they'd pay Wemby 250M for one season is an absolute joke. Ronaldo has the richest per year contract in sports which is reported being around 200M. That is with the most popular sport in the world, which to go along with more global popularity(and Ronaldo arguably being the most popular athlete in the world), but they also fill stadiums significantly larger than basketball stadiums(at least the top clubs.) I mean, since you wanted to compare it to American Football, the salary cap in the NFL was 255M for the entire team...and those ratings are significantly better than the NBAs ratings.
But lets live in this fantasy world for a little bit, where some dumbass billionaire with too much money thinks it would be fun to give Wemby 250M a year....then what? Wemby isn't doing it by himself. No one is going to pay this league a higher TV deal than the NBA when all you get is Wemby. You'd have to lure all of the big stars over, which on your own estimate of how much they will pay players to do it, is unrealistic. Especially if they are TRYING to raise 5 billion, you've already given 250M to Wemby, haven't gotten anyone else yet, not to mention the cost of renting stadiums, finding teams, offices, branding, marketing, etc. 5 billion won't be near enough to compete with the NBA and steal all of its stars.....all this for players who play in a league that has been struggling with viewership more and more over the last decade. Would be a terrible investment for anyone.
I mean, from literally any angle you look at this, its silly to think its going to compete with the NBA.