NBA is registered as an entertainment company???

Moderators: Clav, Domejandro, ken6199, bisme37, Dirk, KingDavid, cupcakesnake, bwgood77, zimpy27, infinite11285

Wallace_Wallace
Head Coach
Posts: 6,106
And1: 7,404
Joined: Jul 28, 2017
       

Re: NBA is registered as an entertainment company??? 

Post#41 » by Wallace_Wallace » Mon Jan 30, 2023 6:30 pm

Perhaps there is a better way to specify the business description/line of business?

IE in Las Vegas thrives on entertainment businesses, but there is a detail business description such as gambling, strip club/adult entertainment, arcades, etc.

Professional Sports League should be the actual business description.
User avatar
GameOver25
RealGM
Posts: 20,276
And1: 6,354
Joined: Aug 27, 2009
Location: Show ya hands!
     

Re: NBA is registered as an entertainment company??? 

Post#42 » by GameOver25 » Mon Jan 30, 2023 7:21 pm

Dirk wrote:It's still real to me, dammit!


:lol:
Image
ghillphx
Senior
Posts: 621
And1: 501
Joined: Jul 05, 2021

Re: NBA is registered as an entertainment company??? 

Post#43 » by ghillphx » Mon Jan 30, 2023 7:24 pm

aemannarwal wrote:How many of you knew that just like WWE, NBA and NFL are registered as an entertainment company, which legally means that they can fix the results. It was a shock for me...


lol, you didn't know this?
ghillphx
Senior
Posts: 621
And1: 501
Joined: Jul 05, 2021

Re: NBA is registered as an entertainment company??? 

Post#44 » by ghillphx » Mon Jan 30, 2023 7:51 pm

FeatheryTouch wrote:
Heej wrote:
FeatheryTouch wrote:Lol.

People in here are acting like a sleuth just discovered the Lost Ark, Atlantis, and the Holy Grail and that basketball is going to forever change because of these damning revelations.

It's a simple category designation for business and/or tax purposes that's been public knowledge for years. As mentioned other major professional sports leagues (NFL/MLB/NHL etc.) are categorized the exact same way.

What other designation for professional sports leagues is more appropriate? They aren't an insurance company, they aren't a nonprofit, they aren't a manufacturer making widgets. Entertainment is a broad category.

Can individuals still do shady stuff? Yes, think Tim Donaghy. However any league-approved game fixing would still break numerous laws(think about the sportsbook $$ alone), would destroy the reputation of the NBA, and make this whole entire gravy train dry up for everybody. Do you really think that's the NBA's secret operating plan?

/shrug

By all means though continue to craft your fancy new tinfoil hats!

Why would the NBA have to be in on it? Organized crime has been intertwined with American sports for decades. It's hard to buy off a player (although there's been cases of players throwing games), but it's probably not hard at all to buy out a ref. Politicians let themselves get bought out by lobbyists for $20k and a grilled cheese sandwich :lol:; I bet refs are even cheaper lmao and just as good ROI if not better.


Ok, but what does that have to do with the NBA being registered as an entertainment company? That was the whole point of this thread being created.


Silly thread.
meekrab
RealGM
Posts: 14,106
And1: 10,773
Joined: Dec 15, 2014

Re: NBA is registered as an entertainment company??? 

Post#45 » by meekrab » Mon Jan 30, 2023 7:53 pm

I bet you didn't know the Harlem Globetrotters matches aren't actually fixed.
Ayt
RealGM
Posts: 59,321
And1: 15,130
Joined: Jun 27, 2005

Re: NBA is registered as an entertainment company??? 

Post#46 » by Ayt » Mon Jan 30, 2023 10:33 pm

Whole Truth wrote:
Ayt wrote:
aemannarwal wrote:How many of you knew that just like WWE, NBA and NFL are registered as an entertainment company, which legally means that they can fix the results. It was a shock for me...


How does that legally mean they can fix results? :lol:


U can't be held liable when u describe the fraud you're committing. NBA is not claiming to be "real" competition... it's entertainment.

Wide ranging subjectivity of rules = manipulation & control of games.


You aren't very good at pretending to be a lawyer on the internet.
zaz102
Starter
Posts: 2,163
And1: 1,307
Joined: Nov 08, 2016

Re: NBA is registered as an entertainment company??? 

Post#47 » by zaz102 » Mon Jan 30, 2023 10:59 pm

I read on a real news site that the Lakers/Celtics game was mandated to come down to the last play in regulation and that Tatum was instructed to stop LeBron by any means necessary and that the foul would "not be seen".

LeBron knew this decision, but couldn't say anything because otherwise it would lead to exposing how his championship wins were fixed.

Big NBA doesn't want you to know this...
Mickey8
Head Coach
Posts: 6,376
And1: 5,233
Joined: Jan 21, 2017

Re: NBA is registered as an entertainment company??? 

Post#48 » by Mickey8 » Mon Jan 30, 2023 11:05 pm

The Sport is an entertainment.

Return to The General Board