The NBA locked out its players last night and it looks like we might be in for a long lock out. David Stern spoke to the media yesterday after negotiations broke off yesterday afternoon. He said that he is worried about the damage that this can do to the league, but believes that the system is extremely broken.
The players love the system and don't want it to change at all. They have an average salary of 5 million dollars and have the power to change teams whenever they want. They are also getting 57% of the revenue.
The reason this is going to take so long is because they are so far apart on these issues. The players want to continue receiving 57% of the revenue, while the owners want it completely flipped so that they are the ones receiving 60% of the revenue. They also want a harder salary cap with less guaranteed contracts so that they aren't wasting money.
Everyone knows that the owners aren't making money so the owners have a lot to gain from this. 22 of the 30 teams are profitable and you can bet the Wolves are one of the teams.
Who to root for Wolves fans? Root for the owners here. They're trying to make a harder cap so that teams like the Mavericks can't just out spend the smaller teams. They want to make the league more competitive so that each team feels like it has a chance to win a title, something the Wolves aren't feeling at all. Hopefully they share the revenue more evenly among teams and have a harder cap to stop these super teams from forming. That's how the Wolves can benefit from this.
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