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Everything posted by 956 Worldwide
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The expansion fees go to make up for the dilution that owners suffer when teams are added. The WNBA is 42 percent owned by the NBA, 42 percent owned by team owners, and 16 percent by an outside consortium of investors. Each individual team owner’s stake in the league falls when a new team is added. One thing that is also missing in the revenue sharing discussion is the difference in roster size: 450 players vice 170 NBA vs. WNBA. Bumping up the revenue share to about 20 would mean that per player, the share is roughly equal to the men in the NBA. I think they get there with the 200 million deal. Fun fact: WNBA players already take home a much larger share of revenue per player than NFL players. 1600 players dividing up 50 percent vice 169 players dividing up 10 percent. I will never criticize labor for pushing for more but at the same time there has to be a realization than making the pie larger has to be the long-term goal.
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I do hope the players get a better CBA and it is awesome that the league is growing and attracting more eyeballs. My point here is simply that the “same percentage of revenue as the men” sounds reasonable until you pause and realize that the expenses don’t operate on that same sliding scale. Charter jets cost the same no matter who is on them and $25 million per year is 1/8th of the new annual TV payout for the WNBA. The NBA’s TV deal is 7 billion per year. I guarantee that the NBA aviation budget is not $875,000,000. I could bet it’s less than a quarter of that number. The other WNBA employees are needed and their costs don’t dramatically change. And so much of the other demands are wrapped up in spending the money it takes to be a “real” pro league. The team doc, trainers, marketers, support staff can command close to the same amount no matter who they are working for. Venue fees and all that go into that don’t slide on a scale either. They aren’t as much as an NBA game, but you’re still paying to open the arena, run crowd control, etc. The delta between NBA and WNBA non-player and staff expenses per game isn’t pro-rated in line with the revenue difference. They absolutely deserve a raise, I’m just pointing out that pushing it even to something like 30 percent of revenue likely means total league collapse.
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FWIW, I think things like Unrivaled are a cool concept and support the money they are able pay. But they do illustrate the stark business differences: Unrivaled slashed rosters, eliminated travel, eliminated all but one front office, eliminated all training staff save one team, cut venue costs down to one, dramatically shortened the season, and zeroed in on broadcast versus attendance at events. It’s a great thing for athletes and glad it exists— but it isn’t an actual sports league, it’s a tournament event. The economics are completely different.
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The point is that the former CEO of Deloitte has incredible options on the job market and if the WNBA wants a commissioner with that level of acumen and ability, they have to pay for it.
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They have transferable skills to not play basketball. That’s not a bargaining point for a CBA to play basketball. Completely different than being in PT or marketing where you are in a labor market to go do the same thing elsewhere. Unrivaled is a completely different business. One arena, one location, 36 players, one front office, no travel. Nothing close to trying to run an actual league and so of course that affects the way the business works.
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The key thing you are missing is that the people on the “administrative side” have transferable skills and a market value that they can take down the road to a variety of other employers. That is true of basically all of them from league commissioner down to marketer, accountant, physical therapist, secretary. Women point guards do not have transferable skills they can take elsewhere. So you either want this league to be run professionally, or you don’t. Or I guess you ask the secretary to take a pay cut so Kelsey Plum gets a raise? Do you want a Deloitte-quality CEO or just some person willing to give this a shot? A huge problem in sports media is allowing sports writers to write about things that are really economics or business.
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“Fair” and “percentage of “revenue” has no fucking place in the conversation around a league that’s not covering expenses. Coughing up 50 percent of 11 billion in a league that makes money is an entirely different mathematical proposition than coughing up 10 percent of 200 million in a league that loses money. If you don’t get that, I am sorry you are in the vast majority of people who cannot understand big numbers. And arguably, at the point the business people do deserve a higher share in the WNBA since as Fantana has pointed out— they are the ones who might be able to make the numbers eventually work. The argument right now is to funnel a greater percentage of money to the players and take it from, what, exactly— the marketers? Reinvestment into the league? Go ahead and hire some bargain basement execs and see how this goes.
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This is categorically not true. Thanks to a combination of no salary caps, unsavory oligarch ownership, and in some places big-spending owners attached to very profitable men’s soccer clubs who have their women’s team as a vanity project— a top tier (like, maybe a dozen) of American players can land big salaries. The vast majority make nowhere near that much and it needs to be repeated: that is mostly thanks to no salary cap which means teammates are all really on the struggle bus. This debate about women’s sports overseas and especially Europe is so unanchored in reality. In every metric from fan attendance to participation at the youth league Europe lags far behind America in women’s sports. There is no mass audience for women’s basketball in Europe, viewership and attendance lags well below the W. The W is actually trying to put the league on a viable footing and have some equity in the revenue sharing (hence the CBA, a thing that does not exist in overseas leagues and the non-stars make basically nothing). The salaries for Americans in Turkey at the top clubs are sort of like if Hal Steinbrenner and Jerry Jones decided to start women’s teams as a vanity project and pay whatever they felt like. Sure, you’d get some big money for 5-10 players but it’s not a way to grow the sport or make it a sustainable way of life for even most pro-level players. Watching these sportswriters and players talk about salaries and benefits in Ekaterinburg pre-2022 was especially crazy making. They weren’t getting paid to play basketball. They were getting paid to serve as a cut-out in a complicated money laundering and international sanctions evading scheme for one of Putin’s favored oligarchs. And yeah, that was a pretty sweet gig but is wholly irrelevant for the economics of a legitimate women’s basketball league. https://www.nytimes.com/athletic/4456252/2023/04/27/wnba-salaries-overseas/
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It is utterly grotesque and Soviet for an intelligence official to publicly comment on prosecutions or indictments. It’s hard to come back from, too.
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Usyk gave a counter-punching masterclass. Dude is special, and he’s doing this at 38 years old. Olympic gold, cleaned out the crusierweight ranks and then did the same at heavyweight while giving away height and size. Fury, Joshua, Dubois all X 2. Usyk would be a great in any era.
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Usyk obliterated Dubois with a monster left hook in the fifth. Huge win over an excellent opponent. We’ve talked about it on this thread but the heavyweight ranks in boxing are actually good right now. And it’s time to start talking about Usyk as one of the best to ever do it. I do think the language barrier and not being an American holds him back from being the kind of cultural icon other greats have been.
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Ghislaine "Sgt. Schultz" Maxwell: "I know NOTH-ING"
956 Worldwide replied to Gil Bang's topic in Cloak Room
Gross all around but you couldn’t water-board that out of me if I was “businessman” George Houraney. -
Total slop for the smooth-brained no matter who is in them.
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Yeah, man nothing worse than drinking booze with a lady and then getting laid. Totally against what I stand for. Wait, whut?
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Really he should get to be eligible twice. If Obama hadn’t helped Hilary he would have won bigly and been able to accomplish more. So that one didn’t count. And of course Joe stole 2020. So that’s two terms he didn’t get. But the election part we can skip because he already won those, we are just giving the makeup terms he was denied.
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No. Categorically no. No one uses the West Wing without going through Susie.
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Ghislaine "Sgt. Schultz" Maxwell: "I know NOTH-ING"
956 Worldwide replied to Gil Bang's topic in Cloak Room
You have to have all the buddies do it too and put them in a fine leather binding. -
Ghislaine "Sgt. Schultz" Maxwell: "I know NOTH-ING"
956 Worldwide replied to Gil Bang's topic in Cloak Room
Trump: I don’t draw pictures. Totally fake. Also Trump: One of the things I most enjoy is drawing pictures and then signing them.- 5759 replies
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This stuff is extremely stage managed and this Admin, more than perhaps any other, is EXTREMELY cautious about the use of symbols and signaling around the President. DOJ and the FBI have press rooms and places for photo-ops. Nothing is ever done at the White House without the explicit aim to show direct presidential support and direction.
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He literally had DC Draino in the West Wing and let Pam Bondi hand out Epstein shit to him there after the election. “He didn’t say it personally” is splitting some extremely fine hairs.
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The White House invited a bunch of internet people to come over, then gave them a bunch of binders labeled “Epstein Files Tranche 1” and did a news release.
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Ghislaine "Sgt. Schultz" Maxwell: "I know NOTH-ING"
956 Worldwide replied to Gil Bang's topic in Cloak Room
Begging the “Epstein is an intel op” people to realize that spooks are government bureaucrats and any plan where step one is “make a failed math teacher into one of the wealthiest money managers in NYC” does not make it past the first budget review. It likely gets you a counseling session. Collecting kompromat is a few tens of thousands to hire janky prostitutes and make a grainy video. For the money spent on flying celebrities to kid diddler island, the Mossad or CIA or whatever could have simply downloaded child porn onto every politician’s computer and had some left over to outfit all their agents with poison-dagger shoes. -
This is honestly going to make it so much worse for him. Rich CEO having a midlife crisis and birddogging the 26 year old assistant is something you can work through in marriage counseling. Taking the HR lady who is the same age as your wife to see Coldplay will cut so much deeper. It’s simply “I like her a lot more than you” and that can’t be bounced back from.
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Ghislaine "Sgt. Schultz" Maxwell: "I know NOTH-ING"
956 Worldwide replied to Gil Bang's topic in Cloak Room
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Ghislaine "Sgt. Schultz" Maxwell: "I know NOTH-ING"
956 Worldwide replied to Gil Bang's topic in Cloak Room
My guess is that Maxwell told people she was putting together a pervy birthday letter book for Epstein and some flack at DJT org wrote it and he signed it. Maybe he drew the naked lady.
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