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Blog Entry

The biggest lockout loser could be Miami

Posted on: November 15, 2011 1:14 pm
Edited on: November 15, 2011 1:14 pm
 
Posted by Royce Young



With an NBA season hanging in the balance, thoughts are shifting to who has the most at stake right now. Who loses the most without a season? Players? Owners? Fans? Teams?

All of the above, really. But in terms of dollars and cents, Miami loses the most. Not the Heat though -- the city.

According to CBS Miami, the city will lose some $200 million without an NBA season. Parking next to the arena is currently going for just $3. A nearby Buffalo Wild Wings has already seen its sales drop dramatically from last year.

It shouldn't be surprising though. When a $4 billion business disappears, things are affected. A report from Cleveland says the NBA accounts for 35 percent of annual downtown restaraunt revenue. Estimated losses for Portland are $59 million. For Oklahoma City, $60 million. For San Antonio, $90 million.

Some cities like Memphis have considered filing a class action suit against the league because taxpayer funds were used to build a new arena that now is sitting empty.

We all know that a season without the NBA greatly changes things for a lot of people. We've all heard players pretend to apologize to arena workers about it. We've all heard David Stern pretend to call this a tragedy. People are hurt by this. Cities are being damaged. Maybe it's irresponsible for businesses and cities to put so many eggs into the NBA basket, but it's just the way it is.

I live in Oklahoma City. And the overhaul the city has seen in the three years the Thunder have been here is incredible. But right now, a newly renovated arena is sitting there with new outdoor video boards and a brand new grand entrance that nobody is using. And the city is not only paying for that still, but not reaping any of the rewards that were promised to it because of a team.

Projections in OKC early on said the city would add an extra $50 million to the economy with an NBA franchise. But that number is around $60 million now and growing. People wanted an NBA team here regardless, but to that casual person, the promise of an economical boost was enough to vote yes on a new tax to get a team. And now citizens are getting absolutely no return on their investment.

Everyone is losing. Everyone. Except the lawyers. They're winning big.

Via The Post Game
Comments

Since: Feb 22, 2008
Posted on: November 15, 2011 5:27 pm
 

The biggest lockout loser could be Miami

Oh you must be one of those liberal apologists???
Miami, like MANY southern cities, is LOADED with illegals. And that's ok with you?
What exactly is ignorant about his comment?
What is ignorant is people like you that ignore the laws
What is ignorant about his comment is it employs an irrelevant, distracting argument.  The logical connection between Miami having lots of illegal immigrants and deserving to lose money on the lockout just makes no sense.  How is the immigrant population of a city connected to whether or not they deserve to lose money?  Furthermore, the use of Miami as an example is particularly ignorant, because a lot of immigrants in Miami are Cuban.  The Federal government in many ways encourages immigration from Cuba with it's dry feet policy.  This is due to some sort of 50 year old emotional tiff we have with "communists."  So the illegal immigrants in Miami are allowed to stay because we are pissed off at the Cubans for evicting our business interests in their revolution.  Which is not to say Cuba isn't an immorally goverened hell hole, but it was an immorally goverened hell hole when our lackey was there so the only reason for our anger is naked self-interest.  If let's say, Honduras, were an immorally governed hell hole and people from there tried to cross the Mexican border we would have xenophobes lining up to cap them as they cross the border.  If you lived in the violent slums of Juarez you would pack up your kids and try to jump across the border yourself and really wouldn't care about the abstractions of the "illegal immigration" problem in the US when your kids are hungry and dodging gunfire on the way to school. 



Since: Nov 24, 2006
Posted on: November 15, 2011 5:27 pm
 

The biggest lockout loser could be Miami

Come on




if you really dont care about the nba or the greedy players and owners...why are about half of your 70 or so posts about THE NBA?  you love it and WE KNOW IT!


Everything from the lockout to an article about the poss. of JORDAN scoring a 100 points in a game.

C'mon Man!



Since: May 29, 2010
Posted on: November 15, 2011 5:21 pm
 

The biggest lockout loser could be Miami

I had to live in Miami for 3 years.  That city was a loser way before this season.



Since: Sep 18, 2006
Posted on: November 15, 2011 4:49 pm
 

The biggest lockout loser could be Miami

My heart bleeds for ya Miami



Since: Aug 24, 2006
Posted on: November 15, 2011 3:49 pm
 

The biggest lockout loser could be Miami

Oh you must be one of those liberal apologists???
Miami, like MANY southern cities, is LOADED with illegals. And that's ok with you?
What exactly is ignorant about his comment?
What is ignorant is people like you that ignore the laws.
And you must be one of those electric fence guys.  As the game is called, Don't Whiz on the Electric Fence.

Like the previous poster, your comment has no place on a sports webpage.  Having noted that, I wil respond by pointing out that Chicago, Seattle and NY also have large immigrant issues, and they are not exactly in the South.  So you too are ignorant, or at least geographically challenged.  In any event, none of this really has anything to do with the topic of the article, which was pointing out that the loss of basketball will have serious consequences on surrounding cities and businesses.  Maybe in your la la land that doesn't matter, but in many places it does.  The servers/staff at restaurants close to arenas are hurting, the guys selling snacks outside the arenas are hurting, but you don't seem to care b/c you'd rather be in the helicopter shooting the illegals like a video game as they try to cross into the country.  Nice.  And for the record, I am not in favor of illegals being here either, but the solution is not to shoot first and ask questions later.




Since: Aug 24, 2006
Posted on: November 15, 2011 3:41 pm
 

The biggest lockout loser could be Miami

Any city that banks on the profits, or losses, of an NBA team is crazy and should just default and go away.  Miami is a cesspool of illegal immigration anyway.  Go bankrupt and go away.
I expect nothing more from a classless Philly fan than a statement that has no relevance to a sports discussion.  And I actually agreed with your first statement.

Philly is a cesspool of all that is wrong with America.  Jerkoff people, jackwagon fans, I wish it would just spontaneously combust and save us all a lot of trouble.



Since: May 2, 2010
Posted on: November 15, 2011 3:25 pm
 

The biggest lockout loser could be Miami

Besides your ignorant comment on illegal immigration,
????

Oh you must be one of those liberal apologists???
Miami, like MANY southern cities, is LOADED with illegals. And that's ok with you?
What exactly is ignorant about his comment?
What is ignorant is people like you that ignore the laws.



Since: Oct 6, 2006
Posted on: November 15, 2011 3:06 pm
 

The biggest lockout loser could be Miami

AES, No, I'm not an NHL fan. I'm just pointing out that the world doesn't revolve around the NBA like what some people seem to believe. The NHL became a better product because of the lockout, and IMO, the NBA needs a season-long lockout as well because their system is just as broken. Teams losing money, only a few select teams competing every year, a ton of ridiculous contracts... etc. 

Fans only come back if you put in the effort to get them back. The NHL did. Who knows if the NBA will, considering how they've treated their fans over the years, how many people have left after atrocities like the Lakers-Kings conference finals in 2002, and how the past decade has shown a major decline in popularity in the NBA.

The fact is, NBA fans, players, and owners seem to think the world revolves around them when it really doesn't. Conduct any poll on the average person and they wouldn't care if the season was lost. And yes, I make posts in an article about the NBA even though I don't care about it, but that's because of two reasons: One, CBS shoves these articles down our throats, and two, I actually find the lockout pretty entertaining.




Since: Oct 10, 2011
Posted on: November 15, 2011 3:02 pm
 

The biggest lockout loser could be Miami

Articles which detail how much a city loses due to a missed season are missing one crucial aspect.

To be sure, restaurants and bars bring in less revenue if there is no season, but the money that would have been spent in restuarants and bars will likely be spent on something else.  A detriment to these businesses means a slight boon to all the others.  Every dollar that is not spent due to the NBA lockout will ultimate be spent on something else, maybe not in the area near the arena, but likely in or around the city.

Having said that, the loss that fans feel because they can't watch their team or other NBA teams play, that loss might be greater than any potential economic loss. 




Since: Feb 20, 2008
Posted on: November 15, 2011 3:02 pm
 

The biggest lockout loser could be Miami

I don't care if they cancel the season and people can vote no anyway.....but as long as the building is used for 20 or 25 years the cities will profit from them in the long haul....I would vote NO....but just cause there aren't games right this second....I certainly doubt there wont be a season next year.....eventually the players need MONEY.....I think?


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