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Thread: Someone please point me to NBA Financials 101

  1. #1
    Intuition over Integers McKeyFan's Avatar
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    Default Someone please point me to NBA Financials 101

    At the risk of looking a little ignorant, I'm going to admit that I really still don't know much about the financial side of the NBA. I understand players, and I understand basketball and strategy and all that. But I don't really know the basics of salary cap, luxury tax, assumable contracts, large markets getting to spend more than small markets, cap space, etc.

    I was wondering if someone could send me to an article or two that does a good job of explaining it simply. Now, don't send me something 10 pages long--I won't read it, probably for the same reason I haven't taken the time to figure all this stuff out yet. But I do think I'm ready to learn a little Financial 101. Thanks for any help you guys can give.

  2. #2
    White and Nerdy Anthem's Avatar
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    Default Re: Someone please point me to NBA Financials 101

    Larry Coon's FAQ is the best one, but it's all about to change due to the new CBA. Give it a month.
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    Administrator/ The Real Jay ChicagoJ's Avatar
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    Default Re: Someone please point me to NBA Financials 101

    There's also a lady that keeps a good website/ database... the name escapes me.

    For those of that do business/ financial consulting in this area, we look to a publication from Paul Kagan and Associates called "The Business of Basketball." Of course, I'll never buy this personally, I'll just look at the copy at work, because it costs about $1,500 every time its updated (usually annually.)

    This is quite complicated, expensive lawyers and financial analysts spend a lot of time haggling out the fine points. Anything you see that tries to sum it up in a page or two is either over-simplifying, or just plain wrong.
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  4. #4
    Pacer Junky Will Galen's Avatar
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    Default Re: Someone please point me to NBA Financials 101

    Quote Originally Posted by Jay@Section204
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    There's also a lady that keeps a good website/ database... the name escapes me.
    You are thinking of Patricia Bender's site, http://www.dfw.net/%7Epatricia/

    Everyone needs to be a bit more famliar with this site. It gives links to all the sites discussed and more. Go up to fundamentals and click on the links.

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