On January 25th, Beijing time, Michelle Roberts, CEO of the NBA Players Union, spoke to the media about whether NBA players can hold shares in the team.
Roberts said: Hope to abolish the rule that players cannot hold shares in NBA teams.
"The current labor-management agreement stipulates that players cannot hold shares in NBA teams. We hope that this clause can be abolished in the next labor-management negotiation. If players can become shareholders of the NBA and share the bonus of NBA appreciation, it will be very Great," Roberts said.
Roberts's proposal is bold, but there is no doubt that this proposal will benefit NBA players without any harm.
In recent years, as the league’s salary cap has risen, the salaries of players have also risen, and quasi-all-star players can get large contracts worth more than 100 million yuan. For stars and superstars in the league, the contract amount is generally around 200 million or more. Such a huge contract could even buy a team in the league 10-20 years ago!
Take Joe’s owner of the Hornets for example. Jordan spent $270 million when he bought the Hornets in 2010. Antetokounmpo reached a five-year 228 million contract extension with the Bucks this season, which is about 40 million behind the 270 million.
Players have such big contracts, can they be satisfied? Obviously not enough. Take the Hornets as an example. The current Hornets’ valuation has reached US$1.5 billion, and Jordan has made a net profit of more than 1.2 billion in 10 years! With an average annual profit of 120 million, and NBA teams will continue to increase in value, the valuation of teams in the future will be even more "terrifying."
If a player can hold shares in the team, the relationship between the player and the team will be more delicate.
is like a rookie cultivated by a team and grows into a superstar in the league. The team gives him a part of the shares and allows him to stay in the team; or when a trade is made, some players are allowed to give shares to the team. It is a very attractive bargaining chip.
is just a proposal,The chances of achieving it are not high, so the core things are more likely to make the alliance enter a shutdown.
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