Negotiations for the new NBA Collective Bargaining Agreement have been pretty ugly so far, with both sides fighting over how to share the billions of dollars at stake in the future. With little hope in sight, the league is risking cancellation of part to all of the scheduled 2011-2012 season to work out an agreement that’s fair to both sides.
As you can see by the graphic below, there is a lot of money at stake, including a huge amount of advertising revenue. The goodwill (and ratings) the amazing 2010/11 season worked up with fans could see ratings (and advertising spending) drop significantly, as it did back in the aftermath of the lockout in the late nineties. Add to that the wave of unemployment the lockout could cause in league front offices and stadium workers, decreased spending at neighborhood bars and shops, and the NBA lockout could have a large impact on local economies.
Let’s see how the NBA compares to other professional sports work stoppages, including the potential losses the NFL lockout that was resolved earlier this year could have created:
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