“The players are millionaires and the owners are billionaires. It doesn’t take a person with a strong background in economics to understand there is a gross disparity in bargaining power.”
David Falk is a sports agent who primarily works with basketball players in the National Basketball Association. On this date in 1998, the National Basketball Association canceled regular season games for the first time in its 51-year history, during a player lockout. Player salaries and pay caps were the primary issue. The lockout lasted 204 days.
David Falk is a sports agent who primarily works with basketball players in the National Basketball Association. On this date in 1998, the National Basketball Association canceled regular season games for the first time in its 51-year history, during a player lockout. Player salaries and pay caps were the primary issue. The lockout lasted 204 days.
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