Tag Archives: NBA players own league

NBA Players Would Be More Wealthy, Independent Without “Owners”

February 3, 2012 (links, photos and video refreshed January 10, 2020)

Lebron James, Kevin Durant, Kobe Bryant et al. would all be
billionaires if Federal
Reserve System Did Not Exist.

The NBA Lockout concluded on December 8, 2011. It was a comedic display of greed and privilege. I’m not talking about the players. I’m talking about the so-called “owners.”

This latest lockout has roots that go back to June 30, 2005. On that day, the workers (“players”) and money-movers (“owners”) agreed on a six-year extension of the collective bargaining settlement reached in 1999. That settlement came after the NBA lost games for the first time in its history due to a labor dispute. Read Entire Article

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