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NBA Lockout
Date Submitted: 12/13/2004 10:30:31
Length: 4 pages (1173 words)
Views: 26386
Economic Effects of the NBA Lockout The National Basketball Players Association lockout greatly affected the United States economy. Greedy team owners and greedy players fighting over large amounts of money caused the lockout. In March of 1998, team owners felt that they were paying players too much money, causing clubs to lose money, so they voted to reopen discussions on the collective bargaining agreement. The players on the other hand felt that any team financial problems …
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…did not care about them. Fans became angry because they felt like players were too greedy and selfish. The same results happened with the NBA lockout. Fans did not approve of the fighting between owners and players over money so they decided not to help support the NBA. Whether sports teams have a lockout or strike, the ending result greatly affects the sport's ability to attract fans and make money, thus affecting the whole economy.
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