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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."
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Kurt Warner to start, Matt Leinart to watch
Despite the debate that's swirling , Kurt Warner will remain the starting quarterback for the Arizona Cardinals, coach Dennis Green said today. The Arizona Cardinals are the +7 point underdog at online sportsbook MySportsbook.com for this Sunday's game.
Green's comment came in a statement released by the team following an ESPN report that Green decided that rookie Matt Leinart would replace Warner as starter for Sunday's game at Atlanta.
"Generally talking about the starting lineup is not something we do," Green told the AP. "However, given the speculation that was out there we want to make it clear. We're disappointed after last week, but we still expect to be a playoff football team and we fully expect Kurt Warner to be the quarterback that leads us. That has not changed."
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MySportsbook.com: NBA Championship Odds
With the playoffs about two months away, the top two teams in the Western Conference are the clear cut leaders to win the NBA Championship. The Dallas Mavericks have the best record in the NBA (44-9) and have been absolutely scorching since the second week of the season. What makes the Mavs’ record more impressive is the fact that they dropped their first four games of the season. Currently they have won 17 out of their last 18 and are MySportsbook.com’s favorite (2-1) to win it all. Right behind the Mavs are the Pacific leading Phoenix Suns (39-13). Last season, the Suns lost in the Conference Finals to non-other then the Mavericks four games to two. Of course the Suns were without center Amare Stoudemire who has is averaging 19.9 PPG and 9.5 RPG since coming back from his knee injury. Unlike the Mavs, the Suns have struggled a bit lately having lost their last three and four out of their last seven. Of course the main reason for their three straight loses is due to the absence of two time MVP Steve Nash, who is out with a shoulder injury. Heads-up, the Mavs have beaten the Suns in both of their meetings this season.
In the Eastern Conference, the Pistons (32-19) are the favorites to win it all at 6-1. The addition of Chris Webber seems to have been a good move for the Pistons. Since coming over from the 76ers, Webber has averaged 13.1 PPG and 7.3 RPG and the Pistons are 11-4. Even though the defending champion Heat are currently on the playoff making cusp, they are the Eastern Conference team that is getting the most action to win it all (9-1). The fact that Shaquille O’Neal is back in the starting lineup after missing 39 games probably has something to do with this. No doubt, Shaq makes a difference when in the lineup as their winning six out of their last seven would indicate.
Just because it is the All-Star break doesn’t mean that you can’t bet on NBA hoops this weekend. Be sure to log onto MySportsbook.com to bet on who you think will cut down the nets this July. Also, be sure to check out all of the lines and props for All-Star weekend. With the highest credit card acceptance rate in the industry, there are plenty of ways to cash in on the NBA this weekend.
MySportsbook.com’s NBA Championship odds:
Atlanta Hawks 1000-1
Boston Celtics 5000-1
Charlotte Bobcats 5000-1
Chicago Bulls 20-1
Cleveland Cavaliers 20-1
Dallas Mavericks 2-1
Denver Nuggets 25-1
Detroit Pistons 6-1
Golden State Warriors 250-1
Houston Rockets 12-1
Indiana Pacers 60-1
Los Angeles Clippers 45-1
Memphis Grizzlies 5000-1
Miami Heat 9-1
Milwaukee Bucks 1000-1
Minnesota T-Wolves 200-1
New Jersey Nets 50-1
New Orleans Hornets 150-1
New York Knicks 150-1
Orlando Magic 75-1
Philadelphia 76ers 1000-1
Phoenix Suns 5-2
Portland TrailBlazers 1000-1
Sacramento Kings 250-1
San Antonio Spurs 9-1
Seattle Sonics 5000-1
Toronto Raptors 35-1
Utah Jazz 20-1
Washington Wizards 25-1
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