Saturday, March 6, 2010

Why is the NBA in such trouble?

Check out the following piece by Dennis Coates, economist at the University of Maryland-Baltimore County. You will need to read the Bill Simmons article - or at least the first third to get Dennis' point.

Now that the argument - hey everyone is making money so we must be making business decisions correctly is no longer true, it is amazing how the inefficiencies in the NBA are now in the spotlight when the market turns downward.

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