What the Sacramento Kings Vote Reveals About the Business of Basketball
Yesterday in Dallas, NBA owners voted not to let the Sacramento Kings move to Seattle. Instead, the team will stay where it is for now and probably be sold to an ownership group that wants to keep it there. The vote did feel a little bit like the International Olympic Committee choosing the next host for the Games, but this was more than a contest among cities. It was a referendum on how the NBA does business. Here’s what we learned:
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.