STL Post Dispatch: Blues [players] get economics lesson
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11-13-2003, 10:09 AM
Join Date: Jun 2002
Originally Posted by
Even carefully regulated revenue definitions can be side-stepped. It's happened in the NBA, where the Lakers and the Kings both receive equal share of luxury box revenue, despite not the Lakers being the bigger draw.
There will always be loopholes in deals like these, and as long as owners stay true to the text of the CBA, they cannot be found guilty of fraud.
How much of those luxury boxes go towards the NBA's revenues was determined by the CBA. If that CBA didn't specify 50% then the Lakers would be submitting an even lower percentage. In other words, that's not a loophole, that's what was agreed upon.
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