National Basketball Association (NBA) Salaries

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National Basketball Association (NBA) Salaries

Professional basketball players today are being paid huge bucks, and they really don’t know how to spend the money wisely. I believe it’s fair to say that all teachers, doctors, surgeons, and members of the armed forces should be given financial compensation of equal or greater value to that of which is awarded professional athletes. Their actual impact on human life is greater, more important, and further reaching. Of course they don’t and they never will because the business that they are in doesn’t create billions in gross revenue like the National Basketball Association. A question is whether athletes deserve high salaries? First …show more content…

It has thirty franchised member clubs which include twenty nine in the United States and one in Canada. The National Basketball Association is an active member of USA Basketball (USAB). National Basketball Association players are the world’s highest paid sportsmen, by average annual salary per player. The league was founded in New York City June 6, 1946 as the Basketball Association of America (BAA). The Basketball Association of America was founded in 1946 by owners of the major ice hockey arenas in the Northeastern and Midwestern United States and Canada. On August 3, 1949 the league adopted the name National Basketball Association (NBA). The leagues several international as well as individual team offices are directed out of its head which are located in the Olympic Tower at 645 Fifth Avenue in New York City. In 1996, the National Basketball Association created a women’s league, the Women’s National Basketball Association (WNBA). In 1998, the National Basketball Association owners began a lockout which lasted 191 days and was settled on January 18, 1999. This season 1998-1999 was reduced from 82-50 games. On July 1, 2011 another lockout was announced by the National Basketball Association. After the first few weeks of the season was canceled, the players and …show more content…

The second: principle; We understand that the popularity and visibility of our teams, players, and leagues obligate us to demonstrate leadership in social responsibility---our teams, players, and league office will be actively involved in improving the quality of life in their communities—and in all communities; we will use our unique position to bring attention to important issues on a global scale and work to address them to the best of our ability; and we recognize that the values of our game, including teamwork, sacrifice, discipline, dedication and sportsmanship are worthy of broad application beyond our sport, and we will work diligently to promote their adoption (NBA,

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