Tag Archives: NBA

NBA’s slap on the wrist

Ian Gordon, Mother Jones – Donald Sterling’s penalty is in: a lifetime ban from the NBA and a $2.5 million fine, the maximum league sanction, for the racist audio recording released last week. The NBA will also work to force him to sell the Los Angeles Clippers, the team he’s owned since 1981.

It’s a harsh punishment, no doubt. But let’s not kid ourselves about the $2.5 million. Sterling, after all, is reportedly worth $1.9 billion. According to a 2013 Credit Suisse report on global wealth, the median American is worth $44,911. In other words, a $2.5 million fine for Sterling is like a $59 fine for that middle-of-the-road American.

Also, a reminder: Donald Sterling bought the Clippers for $12.5 million. The team’s value is now at least $575 million; some think it’s worth more than $1 billion. We have a feeling he’ll come out of this just fine.

 

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Study: NBA arenas just as lousy for local economies as other sports venues

fieldofschemes-BurnsRatnerfieldofschemes.com (Aug. 9, 2012) – If you’re behind on your reading of The Journal of Urban Affairs like me, you may not have yet seen George Washington University grad student Geoffrey Propheter’s February study of the economic impacts of basketball arenas. Fortunately, Atlantic Cities has noticed (though apparently not that the study is six months old), and has a substantial report on Propheter’s findings. Continue reading

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Sport as apocalypse – Why global sport is in crisis today

Essay by MIKE MARQUSEE, Frontline

Though’t be a sportful combat

Yet in the trial much opinion dwells.

– William Shakespeare, in Troilus and Cressida

EVERYWHERE TODAY, sport commands an increasing proportion of the public discourse – in advertising and politics, newspapers (front page as well as back), television and the Internet. More Londoners watched the telecast of the England vs Germany football confrontation in Euro 2000 in June than bothered to vote in the recent first-ever elections for a London Mayor. Continue reading

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