Here is part 2 of Art Rondeau‘s solution to the NBA lockout. Enjoy!
1. The proposed new solution uses a stock market model. Using 57% of Basketball Related Income (BRI) for our example (the percentage that players received in the last CBA) and $100M for the average team BRI (based on data from Hoopshype.com), we break the $57M into $50K “shares”. This comes out to 1,140 shares per team. The $50K share price is an estimate.
I know… the site has been dead. However, today, we have a special treat: a new post from the great Art Rondeau!
Art has come up with a unique way of solving the current NBA lockout, and I believe everyone should check this one out.