Financial Struggles At The NBA Summer League 2014

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NBA
2014

About four years ago, things seemed to have looked gloomy for the NBA Summer League. Then NBA Commissioner confirmed that the league has incurred a total of $400 million in losses. A lock-out in the league seemed to be imminent. Sustaining the league in the Thomas & Mack Center was a struggle for the committee officers concerned.

This year's summer league has seen things perking up to the bright side, particularly, this week.

An insider cheered on with the cheerful mood:

"The Milwaukee Bucks for $550 million?!"

"The Los Angeles Clippers for $2 billion?! A new TV deal. Revenue through the roof. It's a golden age for the league and you can feel it here."

He wondered in astonishment.

An executive from the league's committee wondered about the financial status of the committee, saying these things about Gordon Hayward's net worth:

"Gordon Hayward?"

"Yeah, that's a lot of money in 2011 dollars. But it's not a lot of money in 2016 dollars. Guys who got paid the max this year and last year are going to be bargains on the back end of their deal. "

A professionally seasoned NBA player had his opinion about this issue:

"We took a bad deal in 2011."

"It's like LeBron said, 'What did we have a lockout for?' Where are they going to hide the money next time when owners are getting two billion dollars?"

Some experts predict that 2017 may become a difficult year, financially wise, for the league. It's better to prepare in advance for the worst that's about to happen in the near future to the NBA's seasonal league.

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