The Fuzzy Math of the NBA Lockout

The NBA lockout is a complex subject. Let’s not pretend that it’s easy to know exactly who’s right and who’s wrong. I’m by no means an expert in economics – I had one macro class back in college, almost 30 years ago, and a little real world exposure at work. (Not that I have to tell you guys, but please feel free to point out any egregious misstatements or misinterpretations of economic principals in the comments.) It’s not as if the NBA is a free market at any rate, so standard economic theory doesn’t really apply anyway. Every aspect of the economics of the league is manipulated, which is why we need a Collective Bargaining Agreement in the first place. I’m personally fascinated by the “Law of Unintended Consequences” aspect of the CBA – things like Keith Van Horn unretiring to be included in a trade, making $4.3M basically for taking a physical. click here to read more