Playing in the Red: The New NBA
As a Dallas Maverick fan, I have to wonder why teams like L.A., Miami, New York, and even Brooklyn can acquire the players that they have under the new collective bargaining agreement, yet a team that has operated well above the salary cap since Mark Cuban took over can not. Those teams have made a decision to operate in the red and a NBA championship is worth it. The new agreement was supposed to level the playing field by requiring a much higher luxury tax for teams over the salary cap. What has happened is the plane between contender and non-contender has grown exponentially. At the start of the 2012-13 season, the number of teams with a legitimate chance of winning it all is few and far between. Struggling franchises are finding it hard to attract top free agents and additional revenue streams to compensate for increasing their payroll. The original thought that low salary cap teams will be the go-to destination if a superstar wants to make big money was totally wrong. Lebron i...