Word: nba
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...when the sky is dark, no one wants to come out of his or her room. They’d rather sit inside and play NBA 2K9 than buck up and support the team...
...shutting plants earlier than anticipated, idling 2,800 workers; PepsiCo, which reported falling sales in the U.S., is chopping 3,300 jobs worldwide. Demand for Samsung's DRAM chips is dropping. The retailer Linens'n Things is closing its remaining 371 stores, eliminating 17,000 jobs. The NBA is laying off 80 people, citing slower ticket sales...
...more big time players start jumping across the pond for briefcases full of Euros, the NBA will lose the foundation of its business: talented players. While this movement has not taken off yet, it makes sense that if one league loses its best talent, the level of play will decrease. Tom Brady, star quarterback of the Patriots football team, offers an object lesson for these issues. Brady completely changed the scope of the 2008 NFL season when he tore a muscle in his left knee during the first game of the year against the Kansas City Chiefs. While many Patriots...
...larger scale, this threat to the NBA exemplifies the darker side of globalization. While the benefits to these players—and the world basketball market generally—may increase as a result of their going abroad, there are inevitable costs. As a fundamentally American sport, born in Springfield, Mass. in 1891, moving players from their fan base would destroy the game at its popular epicenter Also, the move indicates the state of today’s economy. With an exchange rate that has fluctuated around $1.50 for every Euro, these foreign organizations have the purchasing power to offer...
...just basketball that is threatened. Let’s hope the owners of the NBA teams become aware of this trend and defend against their players’ European migration. Otherwise, only the prestige of the NBA, rather than its players, will continue to keep the world’s greatest game close to home, if at all. Perhaps someday there may be a World Basketball Series, but for now, a good NBA Playoffs is all I really want...