Abstract - Quantitative examples of the economy include...

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Free agencies and lockout guidelines are key economic indicators of the sector and their evolution for the NBA lockout. With the move of the big three, it helps influence other key players to collaborate during free agency. Furthermore the lockout has strict guidelines that if are violated can draw a $1 million fine. Some example of the strict guidelines includes, coaches, general managers, and other top officials are not allowed to communicate with the players especially through social media. Another example would be if coaches have sons playing AAU they can watch them play but have to leave directly after the game ends.
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Unformatted text preview: Quantitative examples of the economy include teams in the big markets, such as Los Angeles, Chicago, New York, have shown their net income were substantially greater then teams in smaller markets. Team qualitative example is that none of the league losses are related to team purchase or sale accounting. Owners want to reduce revenue for the players but its still hard for both sides to agree. League officials claim that 22 out of 30 teams would lose money. If teams are playing more games then the more money the owners are losing. With the economy affecting everyone, fans dont have as much disposable incomes....
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