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Crisis: NBA Teams To Suspend Operations Soon?
Crisis: NBA Teams To Suspend Operations Soon?
BALL DON’T LIE published these photos from last night’s game between the much-improved Hawks and moribund Memphis at Philips Arena in Atlanta: We’re all aware that the Hawks have never drawn well, but an attendance shortfall like last night is still appalling. And those ...
NBA Teams Soon To File For Bankruptcy?
NBA Teams Soon To File For Bankruptcy?
totalprosports.com — I was going over some stats from last nights NBA games and wanted to see the numbers... Joe Johnson from the Atlanta Hawks put up for my NBA Fantasy Basketball Team. Joe Johnson had a nice night from the field scoring 26 points, 4 assists and 5 rebounds, could have been better ... (more) NBA Teams Soon To File For Bankruptcy?
It was awfully quiet in Atlanta last night ...
It was awfully quiet in Atlanta last night ...
sports.yahoo.com — How does the old saying go? If a tree falls in the forest and no one is... around to hear it, does it make it a sound? After attending the Grizzlies/Hawks game last night in Atlanta , I feel like I've come up with the basketball equivalent to that ... (more) It was awfully quiet in Atlanta last night ...
Hawks vs. Grizzlies: The All Skinny Team
Hawks vs. Grizzlies: The All Skinny Team
zazasplayground.com — A look at one of the most under examined aspects of the Memphis Grizzlies...... (more) Hawks vs. Grizzlies: The All Skinny Team
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Will Money Woes Make Phoenix Coyotes Extinct?
SPORTSbyBROOKS — Last week we mentioned that the recession appears to be hitting the NBA hard , with attendance down almost across the board and the league seemingly teetering towards a full-blown crisis. It’s no surprise then that if the NBA is hurting, then the NHL must really be suffering. Empty NHL arena The GLOBE AND MAIL reports that the Phoenix Coyotes are hemorrhaging money at a rate of $25 to $35 million a year , and could be facing a sale or - even more ominously - possible bankruptcy. Owner Jerry Moyes has already tried to sell the team back to his former partner but was rebuffed. And a statement by an NHL official is hardly the equivalent of Jim ...

Slowly But Surely, The Sports Bubble Is Popping
SPORTSbyBROOKS — Suppose you’ve got a product that exists in a relatively finite market. Its value is directly related to the amount of money it can generate, whether by its own sale or by the sales it can generate while in your possession. Suppose that you, as an owner, enter into obligations based on that projected value or the projected sale. Then, this being America in 2009, the bottle completely drops out of that market, and you’re left in a financially untenable situation with an “asset” that suddenly isn’t worth nearly what you expected. So, are we talking about home owners, banks, and mortgages… or the professional sports landscape? Empty Arena ...

It’s Gotten To This: Booze For Free NHL Tickets
SPORTSbyBROOKS — Tuffy spotted this fun NHL promotional ticket offer at a Phoenix grocery last night: Booze for free NHL Ticket So you buy a bottle of booze and you get one free ticket? What happens when you don’t buy anything? You get two free tickets. In case you don’t know, the Coyotes are bankrupt, with the league now giving the team money to meet payroll ( Wayne Gretzky’s $7M salary !) and other operating costs. Something we here at SbB saw coming long ago . Expect those financial straits to become increasingly dire for the NHL and NBA . Which means the promos will only get more and more delightful. Exhibit A.: Previously, I could only dream of a pro ...

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