Who's Making Money

One of the prime topics of conversation during NBA All Star Weekend is the league’s labor agreement or lack thereof.

The league is enjoying an unprecedented level of popularity and its future is bright. Midway through the 2010-11 season, the league's talent level is deeper than ever and many of the those talented players are just beginning their careers. The NBA’s marketing machine is world class and interest in the league is at an all-time high.

However its road to success is approaching a giant pothole – otherwise known as its next labor agreement — and to me we’re entering a fascinating point in league history.

Forbes Magazine has reported that 12 of the 30 NBA teams lost money last season. And NBA Commissioner David Stern, several weeks back, claimed that league owners were projecting a cumulative loss this season of approximately 350 million dollars.

Stern has declared that the current labor situation is untenable because the players are being paid too much guaranteed money. The players for their part are digging in and this labor dispute shows few if any signs of getting resolved anytime soon.

There is also one glaring problem that I personally feel the NBA needs to fix because, if you ask me, it’s the one negative the league has faced for as long as Stern has been commissioner. Each season, too many teams have zero chance of making the playoffs.

Let’s face it, if you’re a fan of the Timberwolves, Wizards, Nets and a bunch of other teams, you’re basically watching games to see the opposing team because your team’s best chance to improve is to lose as many games as possible, get a high lottery draft pick and then have the ping pong balls fall the right way on lottery night. Luck plays too big a role in who’s good and who’s not.

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“With just one impressive speech, Chris Christie put three full days of CPAC speakers to shame.

“That’s the bottom line from a bipartisan panel of experts, who watched the New Jersey governor’s address on Wednesday at the American Enterprise Institute for POLITICO – and drew a sharp contrast between Christie and the cattle call of potential GOP hopefuls at the just-concluded conservative gathering…

“‘He hit precisely the right notes people are looking for,’ Democratic strategist Jamal Simmons said of the Republican, citing the governor’s focus on getting the states and nation’s fiscal house in order…

“‘He looked presidential in the kind of Hollywood sense,’ Simmons said. ‘The Bulworth, straight-talking politician. John Goodman on The West Wing. Republican guy from the heartland. He looked that part but it’s a long way to go from there to the White House.’”

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“The way to understand Christie, says Ben Dworkin, director of the Institute for New Jersey politics at Rider University, ‘is he has the leadership skills of a powerful prosecutor who happens to be governor. He argues his case in the press, and he stays on the attack constantly.’ As a federal prosecutor in New Jersey, Christie never lost a corruption case, and there were plenty in a state best known for The Sopranos. His favorite phrase: ‘Heads I win, tails you lose.’ Yet he’s declined to join other Republican governors and attorneys general in challenging Obama’s health care reform. He says he doesn’t have the money to fool around with that stuff right now, and if the law is found unconstitutional, New Jersey will benefit without having to kick in legal fees.

“His refusal to join in suggests a degree of pragmatism that is attractive to non-true believers. This is a guy who has focused his message of change, and is clear about what he stands for. This is distinct from Obama’s message of change, which meant different things to different people in 2008 and left almost everybody disappointed…

“Christie’s tough-guy approach is working, making him a national figure after just 13 months in office. ‘He commands the bully pulpit more effectively than any other governor we have seen in modern history,’ says Dworkin, who predicts Christie will deliver the keynote address at the GOP convention in 2012.”

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DYLAN RATIGAN, HOST: Go ahead, Jonathan. Set all of that aside, just your evaluation of [New Jersey Governor Chris] Christie, period, as a politician and his rhetoric.

JONATHAN CAPEHART, WASHINGTON POST: I think Chris Christie is terrific. Here’s a guy whose tough talk is matched up by tough action. All those things he’s talking about, he talked about at AEI today, those are all things he’s done with the exception of dealing with entitlements and things like that which he doesn’t really have to deal with because he’s a governor. But because he’s a governor in a state with deep financial problems and is forced every day, day in and day out, to make decisions, you know, he’s, he’s making them and he’s not sugar-coating them. He’s not trying to be anybody’s friend. He, you know, President Obama talks about adult conversations. Speaker Boehner talks about adult conversations surrounding the big, tough issues that face the country. Chris Christie is the one who’s actually having the adult conversation and making the tough decisions. And when people get in his face and try to yell back at him, he yells back. He actually yells back, which is why I think is driving his popularity.

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Visit msnbc.com for breaking news, world news, and news about the economy

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