The NBA has an Eastern conference and Western conference, each conference have about fifteen teams. There are about thirty teams in the NBA, each must have at least twelve players, and in the beginning of the season game, the teams must have at least eight players who are able to play in the regular season game. Only eight teams from the Western conference and Eastern conference, are able to play for the playoffs. Those eight teams must be the top eight teams from the Western conference and Eastern conference. In other words, only sixteen teams are able to play for the playoffs.All the thirty teams are located in different part of the United State of America. Oklahoma City Thunder, Portland Trail Blazers, Utah Jazz, Denver Nuggets, and Minnesota Timberwolves are located in NorthWest …show more content…
Even though last season was one of the worst NBA viewership trends, the Regional sports network actually growth 4% overall, where the majority of games are aired and marked a tie for the second best average for teams on record. The Spurs was the top spot overall teams with an 8.1 local rating. Second is the Cleveland Cavaliers averaging 8.0 rating. The NBA League Pass subscribers last season also went up to 87%, last season before that ’13-14 was up to 40%.The discussion of wealth in the NBA is important because media doesn’t really talk about it that much due to the often high salaries of athletes and high rates of personal bankruptcy. Most of the NBA players who retired go bankrupt after they retire, because their bad decisions. Dennis Rodman who won five NBA Championships is one of the players who went broke, he made nearly $27 million over his playing career after retiring he soon find himself struggling to pay bills and child support commitments. All the teams in NBA don’t make the same money; some of them are making more money than other teams, especially those teams with better
Daniel Shoag of Harvard University and Stan Veuger of the American Enterprise Institute studied the NBA superstar's economic effect on the cities where he played. They found that he was a driving economic force outside of the arena. Researchers examined Cleveland, Ohio, and Miami, Florida, both cities the superstar called home while playing for the cities' respective NBA teams.
When people typically view professional athletes they see the lavish lifestyle, they see the big contracts, and figure that they must be set up financially for the rest of their life. This is not the case though as becoming a professional athlete is similar to hitting the lottery just genetically. Being an athlete creates a large amount of income early in life, but that income decreases to zero once retirement comes around. The documentary Broke is a compilation of interviews and incidents that occurred which showcase the poor money management done by professional athletes. Whether the athlete played basketball, baseball, football, or was a boxer it did not matter there were multiple instances where an athlete that made millions in
“Basketball has become an international game. The International Basketball Federation also known as FIBA oversees international competitions. There are currently 213 teams. The FIBA has estimates that around the world around 450
There is a dearth of empirical literature regarding the topic of NBA player salary determinants. Whereas there have been some articles written on NBA player salary discrimination, the lack of empirical evidence as it relates to player performance and its impact on player salary have been virtually non-existent. This investigation serves to contribute to the paucity of empirical literature regarding NBA player salaries. Wage fund theory was chosen to guide this study. According to this theory, wages are determined by the amount of capital available to pay workers. As capital increases so do worker raises. This theory has a direct correlation to the NBA salary cap. The salary cap is comprised of Basketball Related Income (BRI) which consists of revenue generated from ticket sales, national and local broadcast deals, in
The National Basketball Association, or NBA has grown up over the last few decades. Once on the verge of collapse, and unwanted by television, the NBA has rebounded to become quite possibly the most popular league in the nation. It was through television that the league finally established itself as a worthy opponent to Major League Baseball and the National Football League. The NBA got its first television exposure during the 1953-54 season on the long-since folded DuMont network. At that time, baseball was still the national pastime, and pro football was beginning to take the spotlight as the favorite sport. Even college basketball was
There is no doubt some of the highest salaries in America belong to professional athletes. Whether it’s LeBron James’s $19.3 million dollar salary with the Cleveland Cavaliers or Matt Ryan’s $42 million dollar deal with the Atlanta Falcons, professional athlete’s salaries prove just how valuable the players are to whatever organization they are a part of. (Forbes.com) In 2014 the average professional football franchise was valued at $1.4 billion and the average professional basketball franchise was valued at $1.1 billion so it’s no wonder why athletes can be paid such high sums of money.(Forbes.com) Besides professional sports American’s love college athletics, college football in particular. Drawing in an average of 44,997 fans per game
This recent season where the market value for a basketball player was $547,000. But player like Jahlil Okafor made Duke University around 1.6 million dollars in gear like jersey and T-shirts. And the big time school University of Oregon their star running back De’Anthony Thomas made the University over $547,000. For all of Thomas and Okafor 's hard work and their name being put out in stores across the country and online
The NBA makes a profit in many ways, for example the NBA makes millions of dollars off of sponsorships, television contracts and selling merchandise. The National Basketball Association recently signed a new TV agreement with TNT and ESPN to approximately make $2.6 billion per season. Even with a total of 400 or so odd active players making an average of close to $5 million annually, national TV contracts generate enough revenue to cover salaries and then some.
Basketball is one of the most followed collegiate level sports. With over 55 million fans that watch the sport on television alone, college basketball’s ad revenue is higher than all other postseason sports. While the NBA postseason only makes around $536 million on ads, over $1 billion is spent on ads during the postseason of college basketball. I, along with several other people, believe that with this amount of money being made on ads alone, colleges would be more than able to pay their players. However, these college basketball heroes end up gaining no money from their games.
NBA teams offer players contracts worth absurd amounts of money hoping that the players will accept their offers and play for them. In addition to these contracts, players often sign endorsement deals worth even more money. Lebron James is currently the top endorsed basketball player and makes thirty million dollars a year from Nike. If players like James make millions of dollars in endorsements, a team does not need to pay the players additional millions of dollars. Compared to other occupations, top NBA players make significantly more money than people who work jobs that are beneficial to the general public. NBA players should be paid less money because their jobs only benefit themselves and their franchise; the players and franchise owners
The ethical pressure that each side used to prevail this dispute was opting out of the CBA that was put in place in 2011. The NBA and the NBAPA were ready to speak about revising the terms on issues such as roster size and player salaries and to make sure no threat of another lockout would take place. To make sure that both sides had enough time to review the new CBA and vote the deadline was extended. With a new CBA in place the NBA will continue to operate the same but both sides targeted areas that needed to evolve. Such as the average player salary is expected to be $8.5 million next season and negotiations are being talked about for $10 million by 2020-21 season. The new rule allows franchises to keep control of prospects they intend
In an article from the New York Times Patrick Ewing quotes “with the money I’m making now I can’t afford to support my family.” (E13). This comment is ridiculous; there is no way that a multi-millionaire should have a problem supporting their family. These athletes have to set their priorities logically and realistically, a person doesn’t “need” a multi-million dollar estate they just want one; this is what angers me. Another aspect that can be touched upon is whether or not they respect the people who provide their paychecks; those being their fans.
In preparation for my pitch I found myself nervously thinking about the presentation. Being that I am a shy person being in front of people and talking was definetly nerve wracking. Beside that I found more useful information that will help my topic. While presenting my pitch you talked about "piktochart" which I need to research a little. My audience is people who watch basketball but not the NBA or the playoffs for that matter. My purpose is to teach those who would like to learn about the playoffs and how it functions. My topic again is the NBA playoffs. I will be explaining the playoffs through a prezi.
Thank you for responding to my post Craig and Nate. In response to your questions, Craig, my take is that the majority, if not all, corporate sponsors use data to target their audience. In the case of sporting events, a sponsor such as Reeses or AT&T whose primary products appeal to snack lovers and telecommunication users, customize their commercials during certain times of the year (i.e. Super Bowl, Final Four, etc.) to include themes that are applicable to the sporting event as well as highlight their product.
The NBA is one of the United States’ favorite sports leagues, with each team averaging 100 million dollars of income each year before expenses.