July 1, 2011
The NFL lockout has been going strong for months now (except for that two days where it wasn't?). Not to be outdone, NBA owners have followed in the NFL's footsteps and begun a lockout of their own.
"I'm not sure how this will end," said NBA commissioner and Phoenix Coyotes fan, David Stern, "to tell you the truth, I don't know what this will accomplish. But the NFL does everything right, so we should just have faith that we're copying the right people."
At stake is billions of dollars in revenue. Despite being one of the most important sports leagues in the world, the NBA has turned out losses in the hundreds of millions for three years running. The culprit? According to the owners, it's the owners. "We keep signing mediocre players to 7-year $60 million deals," said one owner, "we just can't help ourselves. We have to be stopped."
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