The NBA has been in a lock out for quite some time, but there have been rumors going around that the NBA season will resume. This is being confirmed legitimately through Reuters, who are reporting that the NBA has announced a tentative deal to start its season on Christmas; wouldn’t that be quite a gift for many fans?
“A majority of the 29 owners and 450 players still need to vote for the agreement for it to take effect. At a news conference announcing the potential pact early on Saturday, NBA commissioner David Stern said the agreement was “subject to a variety of approvals and very complex machinations, but we are optimistic that will all come to pass.” “
And a lot of money could be lost if this doesn’t work out!
…”Losing an entire season could have been expensive for the networks: Turner and ESPN/ABC are together paying $930 million per season through the end of their contracts in 2016, and several projections have found that the networks could collectively lose out on about $1.25 billion in advertising revenue.”
This is great news for the players as well as the fans! And the networks, and just everyone basically. Well – Kris Humphries – you may have lost your wife, but at least you’ll have a job now…maybe that’ll save your marriage?