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07/16/2010 - Philadelphia, PA (Sportsbook Betting Lines) - There is an adage in politics - never let a serious crisis go to waste.
In these tough economic times, rank and file workers across America have never been more suspicious of management.
Most agree that the world's largest economy is not running on all cylinders right now and some even argue that it's come off the tracks completely, but most middle class employees can't help but get the feeling that management is using a bad situation to take advantage of them by scaling back on benefits and salary.
That kind of suspicion is about the only thing NBA players have in common with the middle class.
Since the league instituted a salary cap in 1984, it has grown from $3.6 million per team to a staggering a $57.7 million last season. In turn, player salaries have exploded, climbing from an average of $330,000 in '84 to $5.2 million by 2007-08. The numbers have stagnated a bit since then, but the average NBA salary has stayed above the $5 million mark.
That growth had the NBA crying poverty at every turn when the economy went south. Before the 2008-09 season, commissioner David Stern slashed 9 percent of his office staff in New York and played hardball with his officials, gaining significant reductions in the referees' retirement packages after threatening a lockout.
During the NBA's annual owners meeting in Las Vegas, buried among all the hoopla over the "Summer of LeBron," Stern claimed his league lost a combined $370 million thanks to the recession, a figure NBA Players Association executive director Billy Hunter balked at.
With the current collective bargaining agreement between the NBA and its players set to end on June 30, 2011, Hunter thinks Stern is using fuzzy math in an attempt to control salaries and make other changes to the CBA.
"David's numbers are unfounded," Hunter told ESPN. "It's a severe exaggeration."
Stern cited slowing ticket sales in some markets and a hit in both television and merchandising revenue to back his claim, while Hunter pointed to the league's overall increase in ticket sales and a much-increased television audience for the NBA playoffs to bolster his case.
Recent empirical evidence supports Hunter and the players.
A doom-and-gloom prediction by the NBA that predicted the salary cap would decrease from $57.7 million to $50.4 million in 2010 was way off and the league announced that the cap would actually increase next season to $58 million, a development that actually upset a number of the league's owners, who were taken by surprise.
"As soon as we get it, we spend it," Stern said of the league's still solid revenue streams. "That is the current system. We try to compete. Our fans love that. So we'd like to keep the league as competitive as possible, give all of our teams the opportunity to tell their fans they have a chance to win, and have some profit in it for the owners."
Those same owners are continuing to spend at a breakneck pace despite the sour economy and Stern's moribund words, giving even pedestrian players like Chris Duhon and Hakim Warrick big paydays.
Meanwhile, the Golden State Warriors, not exactly the gold standard in the league, are set to sell for a record price. The Warriors. who were a disappointing 26-56 last season, are a lot closer to the Los Angeles Clippers than the Los Angeles Lakers or Boston Celtics, but that didn't stop an investment group led by Joseph Lacob to pony up a record price $450 million for the franchise, exceeding the $401 million Robert Sarver needed to buy the Phoenix Suns in 2004.
Both sides are distrustful of each other and are hunkering down and preparing for the worst work stoppage since the 1998-99 lockout.
"I'm preparing for a lockout right now, and I haven't seen anything to change that notion," Hunter said.
Don't expect Stern, a master negotiator, to blink and let this crisis go to waste.
"I don't know how many collective bargainings I've participated in over the last too many years," the commissioner said. "We've thus far only had one failure to reach a deal in 1998. And many of the others have started out poorly, had predictions of doom and gloom, et cetera. You just keep on plugging. I think we've got a long way to go, but we have a lot of time to get there. That's the optimism
"Judging from (the players') proposal, which basically embraces the current system, we haven't closed any gap yet. But we're going to be resilient and prepared to spend the time necessary to see whether there's a deal to be had here, and we're going to do it for as long as possible."
<< NBA summer leagues shed more light on the draft
New York, NY (Sportsbook Betting Lines) - This year's rookie crop got its first taste of
the NBA in the recently completed Orlando Summer League and the one in Las
Vegas which concludes on Sunday. Though it's not the competition the player
will see in th
<< Leafs' Kadri in for some heavy lifting
Toronto, Canada (Sportsbook Betting Lines) - Nothing says pressure like holding the
weight of a Stanley Cup-starved city on your shoulders.
But regardless of how you look at it - fortunately or unfortunately - that is
the reality for Toronto Maple Le
<< Blue Jays' Anthopoulos building on youth
Toronto, Canada (Sportsbook Betting Lines) - When your pockets aren't deep and you live
in the American League East, you need to do things a little differently. With
a new general manager in town, it seems as though the Toronto Blue Jays have
finally com
<< Orioles recall INF Bell
Baltimore, MD (Sportsbook Betting Lines) - The Baltimore Orioles recalled infielder Josh
Bell from Triple-A Norfolk on Friday, a move that coincided with the club
placing catcher Matt Wieters on the 15-day disabled list on Thursday with a
right h
NL East: With playoffs in sight, Braves make a switch at short >>
(Sportsbook Betting Lines) - It appears as though the Atlanta Braves got tired of
waiting for Yunel Escobar.
The Braves dealt the 27-year-old shortstop to the Blue Jays on Wednesday in a
five-player trade that sent 33-year-old Alex Gonzalez to the Bra
Hamburg completes signing of Diekmeier >>
Hamburg, Germany (Sportsbook Betting Lines) - Hamburg have completed the signing of
right back Dennis Diekmeier for an undisclosed fee on a four-year contract
from Nurnberg.
The 20-year-old has played for Germany at three junior levels and m
Barca set to add Adriano from Sevilla >>
Barcelona, Spain (Sportsbook Betting Lines) - Sevilla wing back Adriano is poised to
join Barcelona after the two clubs agreed to a fee for the Brazilian.
The 25-year-old has been with the Rojiblancos since January 2005, making just
over 200 appe
Stars sign veteran D Lukowich, two others >>
Frisco, TX (Sportsbook Betting Lines) - The Dallas Stars signed veteran defenseman Brad
Lukowich and two others to one-year, two-way contracts on Friday.
Lukowich, 33, has registered 23 goals and 90 assists in 653 regular season NHL
games with six
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MySportsbook.com : Fortune Favors Favorites in March Madness betting?
Just like Day 1 of the “Sweet 16”, Friday’s games are chock full of some of the nation’s elite. Unlike Thursday’s games, there is a little bit more of a “Cinderella” feel as #7 seed UNLV and #6 seed Vanderbilt will attempt to move on to the Elite Eight. With powerhouses Florida, UNC and Georgetown looking to continue their momentum against lesser known teams, it isn’t surprising that once again the “betting public” is backing most of the favorites. As the early coin rolls in, 56% of Sportsbook.com bettors prefer Georgetown (-7.5) as they take on Vanderbilt; 84% of the early money is backing Oregon (-3) as they square off against UNLV; and a slight majority (52%) of the early cash is on Florida (-10.5) against Butler as the Gators continue their quest for another National Title. The only favorite the public don’t seem confident in is UNC, as 59% of the cash is backing the underdog Trojans (+8).
Midwest
#1 Florida vs. #5 Butler
The defending National Champs have been on a mission since last April. Joakim Noah and Al Horford turned down millions of dollars for one reason, to REPEAT. After a late season hiccup which saw them lose three out of four, the Gators have won six straight by an average of 20.3 points. More importantly, they covered in five of those six games. Behind their stymie defense that yields only 56.9 PPG, Butler has been a very pleasant surprise this season. As their 20-11 ATS record will indicate, “surprise teams” like Butler are often good bets for gamblers. Playing in an average conference, Butler wasn’t and underdog too often but when they were, they covered (6-0 ATS). Butler’s defense will have its hands full against a Gators offense which averages 80.1 PPG on an amazing 52.9% shooting from the field. With Florida’s tournament experience over the last few years, it isn’t surprising that they are 5-1 ATS this season, 20-4 ATS over the last three seasons and 38-20 since 1997 in tournament action.
#3 Oregon vs. #7 UNLV
As a #7 seed, UNLV is the closest thing to a “Cinderella” we have this year. If you bet on UNLV this season with any regularity, you most likely cashed in. Behind their guard oriented attack, the Rebels are an impressive 20-11 ATS this season. As an underdog they covered in 8 out of their ten games which isn’t surprising since they are 52-30 ATS as a ‘dog since 1997. The Rebels have been a consistent cover during the month of March as well. This March they are 6-0 ATS, 11-3 ATS over the last three seasons and 24-11 since 1997. Their impressive ATS trends don’t end there; versus teams with a winning record they are 15-6 ATS this season and 41-21 over the last three seasons. Although Oregon hasn’t been as generous to gamblers as UNLV this season, they have been covering consistently as of late. There is no question that they are playing their best ball of the season having won their last 8 straight up (SU) by an average of 14.5 points. Not surprising they covered in 7 of those games. It is interesting to note how similar these teams are in regards to scoring and scoring defense. UNLV averages 75 PPG while giving up 66.5 PPG and Oregon scores 75.8 PPG while yielding 65.5 PPG.
East
#6 Vanderbilt vs. #2 Georgetown
“Hoya Paranoia” is officially back! After a decent start, Georgetown has rolled through the second half of the season. Over their last 18 games, they are 17-1 SU. They have definitely improved ATS as the season has progressed as well. After opening the season 1-4-1 ATS, the Hoyas have covered 78.3% of their games. With their great interior play of Jeff Green and Roy Hibbert, the Hoyas as a team shoot 50.5% from the field. Like the Georgetown teams from years ago, they also excel on defense. Hoya opponents averaged only 56.8 PPG on 38.2% shooting from the field and an extremely low 30.4% from beyond the arc. The last stat could be of some concern to Vanderbilt considering they shoot 37.7% from long-range. Ranking second to last in the SEC in rebounding margin, Vanderbilt will have its work cut out for them against the Hoya trees. As far as covering is concerned, Vanderbilt has been almost a “sure thing” (7-1 ATS) versus good defensive teams that allow less than 64 PPG.
#1 UNC vs. # 5 USC
The Tar Heels are as talented and as deep as any team in the country. Going ten deep and chock full of HS All-Americans, UNC averages 86.1 PPG and scored 100+ seven times. Led by All-American forward, Tyler Hansbrough (18.6 PPG 7.9 RPG) UNC has a very balanced attack which can kill you on the inside as well as on the perimeter. UNC only real concern is their youth as eight of their rotation players are either sophomores or freshmen. UNC was a reliable cover this season going 20-13 ATS. An intriguing covering trend for the Tar Heels in recent years has been how they fared after non-conference games. This season they are 11-3 ATS after non-conference games and over the last three seasons they are 31-13 ATS. USC is also a pretty deep team which is loaded with swingman types. An match-up to keep an eye on will be freshman forward Taj Gibson (12.1 PPG, 8.6 RPG) as he squares off against the AA Hansbrough. USC has been a covering machine this season achieving a 21-10 record ATS. They have thrived in the underdog role, having covered 10 out of 12. When playing a team with a winning record, the Trojans are an incredible 20-6 ATS. Keep in mind, USC dedicated their season to former star to Ryan Francis who passed away before the season so as they get closer to the ultimate goal, emotion could definitely be on their side.
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