Did the Players Give Up Money to Make the NBA Better? Exploring the 2011 Collective Bargaining Agreement in the National Basketball Association
Berri, David J., International Journal of Sport Finance
The NBA and its players union reached a new collective bargaining agreement in 2011. As a result of this agreement, the players will now be receiving less money. The NBA argued that a pay cut for the players was necessary to make the league better. More specifically, the NBA argued that if the players accepted less money, more teams could afford to field competitive teams. Therefore, competitive balance would improve, demand for the sport would increase, and ultimately the players would be better off. Although the NBA did get the players to accept less money, the empirical evidence-from published research-casts significant doubt on the story the NBA told its …
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Publication information: Article title: Did the Players Give Up Money to Make the NBA Better? Exploring the 2011 Collective Bargaining Agreement in the National Basketball Association. Contributors: Berri, David J. - Author. Journal title: International Journal of Sport Finance. Volume: 7. Issue: 2 Publication date: May 2012. Page number: 158+. © Fitness Information Technology, A Division of ICPE West Virginia University Aug 2007. Provided by ProQuest LLC. All Rights Reserved.
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