As the 2012-2013 NBA season begins in earnest this week, you have to wonder why they are even bothering playing the 82 game regular season. In the 28 seasons since David Stern became NBA Commissioner in 1984, only eight franchises have won the NBA Championship and given the continued stockpiling of talent by the most dominant franchises it seems highly unlikely that the monopoly will be broken this season.
In fact, on paper it looks like you can pencil in the defending champion Miami Heat and perennial champion Los Angeles Lakers for a star studded championship series.
Of course we all know that you don’t play the games on paper, but in a sports world where achieving parity and creating a competitive balance that provides every team and their fan base legitimate hope that they can win a title has generally become the norm, Stern and the NBA have gone in the exact opposite direction.
Not only does the NBA rank dead last in the percentage of franchises that have won a championship in the last 28 years with just 27%, compared to 43.8% for the NFL, 50% for the NHL and 60% for MLB, but they also are easily last in the total number of franchises that have even simply made it to the finals. Since 1984, 60% of NBA teams (18 of 30) have reached the finals. The NHL has the next lowest percentage at 73.3%, followed by the NFL at 78.1% and MLB at 80%.
What is quite amazing about those statistics is that the NBA continues to be able to convince cities across the country to spend hundreds of millions of dollars on new facilities and fans to shell out thousands of dollars on season tickets even when there is little chance their team will ever have a chance at significant, or long-term, success.
In 2010 the Orlando Magic opened a new arena at a cost of about $480 million with the Magic contributing about $50 million and the remainder being financed through public funding. Read the rest of this entry →