October 17th, 2011

NBA Commissioner David Stern: ‘You Can’t Share Revenue…If You’re Losing Money’

Will the NBA have a season this year? NBA commissioner David Stern sounds firm about the differences between owners and players in an interview with CNN’s Erin Burnett. “We would not lose a season over any one little thing,” Stern said. “But we have some very large issues that separate us.”

We need to reset our business model which not only gives our teams an opportunity to be profitable, not mandated but an opportunity, and– and allows them to revenue share, because as the union has made, I think, clear and I agree with them, we need a more robust revenue sharing plan.”