The NBA is now the next Professional Sport in the Continental United States to feel the Heat....as they are starting to cut some its Programs in the US and Globally.
Effective immediately........
The NBA cuts the Annual VEGAS SUMMER LEAGUE as both sides the NBA and the PLAYERS UNION have not spoken for months and they could be headed for a lockout like the NLF.
The also get rid of the INTERNSHIP Program at the League's Offices in New York as well as the NBA'S Entertainment Division in Secaucus New JERSEY.......DAMN
Also, No more CAMPS nor GAMES are scheduled this year over the BIG POND in EUROPE.......as the NBA is trying everything in its powers to save DINERO BABY.
And the NBA has also has proposed a HARD SALARY CAP and Shorter Contract with no-Guarantees on them.......if the NBA PLAYERS UNION Agrees upon that......There is a whole lot of PLAYERS that will try to fall in line......NOT NAMING NAMES.
But of Course you think the players will try to give that part of deal up as far as Guarnteed Contracts.....Probably Not....as you Give an INCH...they take a MILE.
It will be interetsing to see where PROFESSIONAL SPORTS Will be in the Country by 2012....WHAT A MESS......and the HEAT is everywhere.......LITERALLY Speaking.
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NBA says half its Teams are losing MONEY.......Cost Cutting Measures in effect now
» The National Basketball Association is feeling the Economy as well.......Half it's Teams are losing Money......and the Cost-Cutting begins ASAP
Apr 13, 2011
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