OK, so you are calling Stern a liar?? Or maybe you are saying he is an "apologist"? Why did the NBA/Stern sign off on the lease? Even if the team owner doesn't know anything about owning a team, one would think the league and their experts would be aware of such things and advising the owner. But maybe you are right. Since we both agree that the NBA has had a broken business model for a while now, maybe they don't have a clue either. Fair enough. I agree Stern can't be trusted, any more than I would trust Bennett to correctly make change for a dollar, much less enter into a long-term business agreement with him where he gains the financial revenue from a building he doesn't own or paid to improve. Seattle insisted that the lease that Bennet agreed to, be honored. I would expect OKC to insist the team honor the lease with us. That's right, we did insist on that after they signed the lease and Schultz was threatening a lawsuit to rescind the sale and keep the team in Seattle. How quickly the importance of honoring leases became when it was our lease that was being threatened. Seattle was willing to make improvements, the greater the amount, the higher the contribution would be from the team. Starting at Zero contribution from the owners.
You said it yourself, the key to the team making money is to turn it into a winning team. You have said it before, the point where a team makes a profit is often in the playoffs (Seattle made that point during the trial). He could lower payroll there as he did here (most of the trades made ended up saving the team money). He could have raised the prices in Seattle like he did here. IIRC, there was a 36% increase over Sonics prices, and in some cases more than 200% over Hornets prices. All of that is in the owner's control no matter where the team plays.
We are in agreement again, the Key is "tiny". Strangely enough, our arena got smaller and is dangerously close to the the smallest seating capacity of NBA arenas. After the improvements, there was a net loss of 960 seats, dropping it from #14 all the way down to #28 (maybe even lower now).
Bookmarks