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07/16/2010 - Philadelphia, PA (Sportsbook Betting Lines) - There is an adage in politics - never let a serious crisis go to waste.
In these tough economic times, rank and file workers across America have never been more suspicious of management.
Most agree that the world's largest economy is not running on all cylinders right now and some even argue that it's come off the tracks completely, but most middle class employees can't help but get the feeling that management is using a bad situation to take advantage of them by scaling back on benefits and salary.
That kind of suspicion is about the only thing NBA players have in common with the middle class.
Since the league instituted a salary cap in 1984, it has grown from $3.6 million per team to a staggering a $57.7 million last season. In turn, player salaries have exploded, climbing from an average of $330,000 in '84 to $5.2 million by 2007-08. The numbers have stagnated a bit since then, but the average NBA salary has stayed above the $5 million mark.
That growth had the NBA crying poverty at every turn when the economy went south. Before the 2008-09 season, commissioner David Stern slashed 9 percent of his office staff in New York and played hardball with his officials, gaining significant reductions in the referees' retirement packages after threatening a lockout.
During the NBA's annual owners meeting in Las Vegas, buried among all the hoopla over the "Summer of LeBron," Stern claimed his league lost a combined $370 million thanks to the recession, a figure NBA Players Association executive director Billy Hunter balked at.
With the current collective bargaining agreement between the NBA and its players set to end on June 30, 2011, Hunter thinks Stern is using fuzzy math in an attempt to control salaries and make other changes to the CBA.
"David's numbers are unfounded," Hunter told ESPN. "It's a severe exaggeration."
Stern cited slowing ticket sales in some markets and a hit in both television and merchandising revenue to back his claim, while Hunter pointed to the league's overall increase in ticket sales and a much-increased television audience for the NBA playoffs to bolster his case.
Recent empirical evidence supports Hunter and the players.
A doom-and-gloom prediction by the NBA that predicted the salary cap would decrease from $57.7 million to $50.4 million in 2010 was way off and the league announced that the cap would actually increase next season to $58 million, a development that actually upset a number of the league's owners, who were taken by surprise.
"As soon as we get it, we spend it," Stern said of the league's still solid revenue streams. "That is the current system. We try to compete. Our fans love that. So we'd like to keep the league as competitive as possible, give all of our teams the opportunity to tell their fans they have a chance to win, and have some profit in it for the owners."
Those same owners are continuing to spend at a breakneck pace despite the sour economy and Stern's moribund words, giving even pedestrian players like Chris Duhon and Hakim Warrick big paydays.
Meanwhile, the Golden State Warriors, not exactly the gold standard in the league, are set to sell for a record price. The Warriors. who were a disappointing 26-56 last season, are a lot closer to the Los Angeles Clippers than the Los Angeles Lakers or Boston Celtics, but that didn't stop an investment group led by Joseph Lacob to pony up a record price $450 million for the franchise, exceeding the $401 million Robert Sarver needed to buy the Phoenix Suns in 2004.
Both sides are distrustful of each other and are hunkering down and preparing for the worst work stoppage since the 1998-99 lockout.
"I'm preparing for a lockout right now, and I haven't seen anything to change that notion," Hunter said.
Don't expect Stern, a master negotiator, to blink and let this crisis go to waste.
"I don't know how many collective bargainings I've participated in over the last too many years," the commissioner said. "We've thus far only had one failure to reach a deal in 1998. And many of the others have started out poorly, had predictions of doom and gloom, et cetera. You just keep on plugging. I think we've got a long way to go, but we have a lot of time to get there. That's the optimism
"Judging from (the players') proposal, which basically embraces the current system, we haven't closed any gap yet. But we're going to be resilient and prepared to spend the time necessary to see whether there's a deal to be had here, and we're going to do it for as long as possible."
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<< Leafs' Kadri in for some heavy lifting
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a new general manager in town, it seems as though the Toronto Blue Jays have
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<< Orioles recall INF Bell
Baltimore, MD (Sportsbook Betting Lines) - The Baltimore Orioles recalled infielder Josh
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placing catcher Matt Wieters on the 15-day disabled list on Thursday with a
right h
NL East: With playoffs in sight, Braves make a switch at short >>
(Sportsbook Betting Lines) - It appears as though the Atlanta Braves got tired of
waiting for Yunel Escobar.
The Braves dealt the 27-year-old shortstop to the Blue Jays on Wednesday in a
five-player trade that sent 33-year-old Alex Gonzalez to the Bra
Hamburg completes signing of Diekmeier >>
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from Nurnberg.
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Barca set to add Adriano from Sevilla >>
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join Barcelona after the two clubs agreed to a fee for the Brazilian.
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over 200 appe
Stars sign veteran D Lukowich, two others >>
Frisco, TX (Sportsbook Betting Lines) - The Dallas Stars signed veteran defenseman Brad
Lukowich and two others to one-year, two-way contracts on Friday.
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MySportsbook.com Releases World Series Championship Lines
New York Yankees and Chicago White Sox early favorites to win 2008 World Series
The Major League Baseball season starts this weekend and MySportsbook.com, a leading online sportsbook for over 8 years, is the first to offer baseball sports betting lines on who will win the 2007 World Series.
"The World Series is the biggest baseball event in the sports betting world and MySportsbook.com is excited that we are first to market with betting lines on every team," says Tim Dalton, Marketing Director, MySportsbook.com. "We are getting things ready for a great baseball season and our members are looking forward to our Player Payback Bonuses, as well as Dime Lines, all season long."
Going in to this weekend, MySportsbook.com's favorites to win the World Series are the New York Yankees at 7-2 and last year’s winners the Chicago White Sox at 9-2.
"These betting lines are ripe for the picking," Dalton added, "baseball fans know that the season is long and many factors, including players staying healthy, will affect these Future odds as the baseball season progresses. Betting on your favorite team in the beginning of the season could prove quite lucrative. We are seeing examples of this right now in the NCAA College Basketball Tournament with a lucky few that placed pre-season bets on George Mason to win it all. Anything can happen."
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JUPITER, Fla. -- The Foorida Marlins are preparing for the likelihood that right-hander
Josh Johnson won't be ready when the season starts April 2.
Grapefruit League action starts Wednesday, but Johnson, penciled in as the No. 2 starter, hasn't even thrown off a mound at full speed since September. He's experienced some soreness in his right forearm.
MySportsbook.com have the Marlins listed with baseball betting lines at +800 to win the NL East this season .
''You guys know the math. If he's not on the hill then he becomes an opening day roster issue,'' manager Fredi Gonzalez said Saturday. ''We're borderline now.''
Johnson, who finished 12-7 with a 3.10 ERA in 2007, was supposed to throw on flat ground Saturday. That was canceled when he woke up with pain.
He played catch on Wednesday with no pain but felt discomfort in a throwing session on Thursday. He's expected to try again Sunday.
''Like we always said from the very beginning, we're going to take it easy on him,'' Gonzalez said. ''He didn't feel right, so we shut him down. We're going to take it back to step one and see where we're at.''
Among the candidates to take Johnson's spot in the rotation are left-hander Chris George and right-handers Yusmeiro Petit and Jose Garcia.
Right-hander Sergio Mitre, who missed most of last season with arm and shoulder problems, also is behind.
With Johnson's status doubtful, Gonzalez said right-hander Ricky Nolasco will stay in the rotation and no longer will be considered a candidate for closer.
Additional basbeall odds can be found at: www.MySportsbook.com
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