NBA Lockout: Revenue Sharing Would Quadruple Under League's Plan

Very little of concrete value came out of the NBA lockout debriefings that the players' union and league gave late Friday after the day's talks wrapped up. One was that the sides will meet again at 10 a.m. Saturday. (That's good news.) The other is that the revenue sharing program being hammered out by owners will be quadrupled by 2014. From NBA.com's David Aldridge:

Stern also disclosed for first time that [the revenue] sharing plan will quadruple from current $60M/year in [year] 3 of new plan after tripling in [years] 1-2.

The NBA's current revenue sharing system is basically nonexistent, so it remains to be seen whether increasing it from $60 million to $240 million will make a huge difference. The NFL essentially shares about $4 billion thanks to fully national television deals. But as teams like the L.A. Lakers (who signed a TV deal worth about four times more than any other team) and the New York Knicks (who raised ticket prices 49 percent and will still sell out) make so much more than small-market competitors, it's bound to help make the playing field a bit less tilted at the very least.

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