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cheap [link widoczny dla zalogowanych],[link widoczny dla zalogowanych] Gov. Christie should seek a disgruntled NBA owner instead of lobbying David Stern for Nets replacement
Griffiths built a new arena with his own money and bought the franchise when the Canadian looney was worth 62 or 63 cents compared to the U.S. greenback. The two countries' dollar is around par right now. Griffiths sold the franchise to American businessman Michael Heisley in 2000. Heisley moved his franchise to Memphis in 2001. The Grizzlies franchise remains a cash-challenged NBA organization. A few years ago, Stern said he felt the NBA could not go back to Vancouver.
Stern can be a bullheaded bully. In 2005, the one-time New Jersey resident Stern trashed New Jersey politicians saying "you blew it" when another set of Nets owners could not get an arena built in Newark. Eventually Devils owner Jeffrey Vanderbeek worked out a deal with Newark officials and got an arena built with some of his money thrown into a publicly funded facility.
Christie seems to be willing to play ball with Stern. What Christie should be seeking out is an unhappy owner looking for greener pastures and go after that owner instead of Stern. Although the NBA blocked the planned sale and move of the Minnesota Timberwolves to New Orleans in 1994, a strong headed owner might tell Stern and his fellow owners to go stuff it and move anyway as Donald Sterling did in 1984 when he moved his San Diego Clippers to Los Angeles without league permission.
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A few [link widoczny dla zalogowanych] fans were burning jerseys in Chicago over the weekend, just as a few of them did six months ago in Cleveland.
A lot of fans have chosen in recent years to stay away from the Coliseum in Oakland, because the baseball team wants out and the football team has lost its way.
As unemployment has remained high,[link widoczny dla zalogowanych], as credit has gotten harder to obtain, as working people sacrifice to survive,[link widoczny dla zalogowanych], the air about sports, generally perceived as a sanctuary from the challenges of life,[link widoczny dla zalogowanych], has become hotter than ever.
It will get downright volatile if fans are deprived of their beloved NFL.
Five months ago, I was certain there would be no lockout. Both sides are too smart to do that to themselves. Owners are thriving,[link widoczny dla zalogowanych], players are prosperous. The game has never been more popular and profitable or better at siphoning cash from its addicts.
Nothing could convince me the league and its players union would be willing to jeopardize their immense popularity, much less chop down the money trees they share.
Now that the sniping is under way,[link widoczny dla zalogowanych], I'm a little less certain a collective bargaining agreement will be in place by the March 3 deadline.
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New Jersey's chances of landing a team on the surface seem to be non-existent however Christie has an ace in the hole that other prospective cities don't have. A major regional cable sports network that has limited winter programming, SNY, who could pay much more money in TV rights than say Louisville, Kansas City, Las Vegas,[link widoczny dla zalogowanych], Seattle and Vancouver. In David Stern's three-legged stool world for a successful franchise, a large,[link widoczny dla zalogowanych], local cable TV is an absolute must as is local government support (Christie is in favor of a Nets replacement) and corporate support. That last plank in Stern's platform is the major problem in New Jersey and has been a thorn in the side of past and present day Nets (and New Jersey Devils) ownerships.
There is an odd dynamic that plays out in sports. Elected officials genuflect before the commissioners of Major League Baseball, the National Football League,[link widoczny dla zalogowanych], the National Basketball Association, the National Hockey League and Major League Soccer along with NASCAR officials begging them for a franchise or in NASCAR's case an annual event. Conversely,[link widoczny dla zalogowanych], a sports commissioner lobbies before elected officials for stadiums/arenas and on the federal level before Washington lawmakers to make sure various antitrust laws and in Major League Baseball's case,[link widoczny dla zalogowanych], a full antitrust exemption, stay in place.
Big time college sports executives also show up in Washington to make sure big time college sports keep tax exemptions in place.
So it should not be surprising that New Jersey Governor Chris Christie has begun a lobbying effort, not quite begging yet,[link widoczny dla zalogowanych], in an attempt to get NBA Commissioner David Stern to think about replacing the soon-to-depart Newark-based New Jersey Nets with another team.
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The Maloof brothers are in a financial mess in Sacramento and claim they need a new arena. With California's financial woes and a proposal by Governor Jerry Brown to de-fund local redevelopment agencies on July 1, getting an arena built in Sacramento with public funding may be difficult. The Maloofs have failed in their quest for a new building on a number of occasions. (The Brown proposal could kill NFL stadium development in San Diego and a baseball park in San Jose for the Oakland A's.).
Newark has an NBA ready building for some owner and probably a lucrative cable TV deal. But Newark isn't the only NBA suitor. Louisville, Kentucky is once again seeking a team despite losing out on the Charlotte Hornets and the Vancouver Grizzlies about a decade ago. Vancouver may be back in the NBA wannabe category. The Vancouver saga in the NBA's mid-1990s expansion plans is worth noting in that the NBA decided to take Arthur Griffith's money ($100 million) in what seemed to be a cash grab.
Christie will have to wait though. The Brooklyn building has been on hold for years although there seems to be momentum to get the arena finally done. The NBA may not be operating in the fall of 2011 because the owners and players need a new collective bargaining agreement and Stern, as lead negotiator, figures to take a very hard line as he and the 30 NBA owners want changes in how players are compensated.
The NBA has some franchises that are on shaky financial footing. The league now owns the New Orleans Hornets,[link widoczny dla zalogowanych], a franchise in desperate fiscal shape. The old Hornets ownership had attendance clauses built into the team lease with the state at the New Orleans Arena. There was a benchmark that needed to be reached by the end of January or the team ownership could pay $10 million and relocate. The league celebrated that the benchmark was hit but that doesn't mean the team will last in New Orleans beyond 2014. Indiana's owner Herb Simon is financially struggling and Charlotte has not been performing well financially since the NBA returned to the city in 2004 [link widoczny dla zalogowanych] .
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