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Kobe makes 'Final Four' with BUD, ETFC, GM & MCD - NBA still in business

Kobe Bryant and Derek Fisher with refereeYesterday could have been the end of the NBA season, but the Los Angeles Lakers forced a game six in Boston -- not so much by winning; more by having a "refuse to lose" finish that they could not muster before. I am quite sure David Stern is fine with that outcome. ESPN, and ABC television owned by Walt Disney (NYSE: DIS) must be ecstatic. The NBA officials will earn another paycheck, and the sponsors? They are praying for a game seven for sure!

Yesterday, prior to the game, I posted Sunday Funnies: Lakers/Celtics -- NBA business success, and dedicated much of the word flow to all the clamoring about NBA officiating and reasons why the game had issues. Today is all the about the cash.

While the Super Bowl is the hugest of events, an NBA Finals is a saga with twists and turns, and this one so far has had many. The Lakers face insurmountable odds of winning two games in Boston so they have been as much as counted out already.

Laker star and NBA Most Valuable Player Kobe Bryant has posed the most interesting perspective on the challenge his team faces that I can ever remember. He said, prior to the game, that since he did not go to college he viewed his situation like making the Elite Eight referring to Division I college basketball March Madness. He said, you just have to feel grateful you are there and know that you have to win three games to win the tournament.

Continue reading Kobe makes 'Final Four' with BUD, ETFC, GM & MCD - NBA still in business

Sunday Funnies: Lakers/Celtics -- NBA business success

The National Basketball Association (NBA) led by commissioner David Stern, Esq. has been a spectacular financial success over the past two decades. Even after Michael Jordan hung up his jersey and people wondered aloud how he could be replaced, the league hardly missed a beat.

Kobe Bryant, LeBron James, Steve Nash, Dwayne Wade, Kevin Garnet, Amare Stoudamire, and this year Chris Paul and Dwight Howard have entered the pantheon of NBA superstars adding plenty of excitement. By the time Jordan retired it was over due.

While the NBA has been making money it has been losing its luster in other regards. The brawls, bad calls, and official Donaghy's integrity fall have only served to force Stern to earn his pay working over time to repair the damage.

The current uproar about the officiating is not the result of criminal activity, or lack of effort or skill, or poor eye sight, or planned manipulation. What it is about is a lack of clarity and consistency in the game. No other legitimate professional sport ignores its own rules as blatantly as the NBA.

The most serious are the definitions of traveling or carrying. The words in the book have not changed they are just ignored. I watched Tim Duncan walk from the top of the key taking three long and obvious strides to the hoop and dunk it without a call. Guys spin to the hoop changing their pivot foot all the time. Sure it makes the play fun but it makes the game a sham at times also. It also feeds the misrepresentation of the players as "unruly".

Continue reading Sunday Funnies: Lakers/Celtics -- NBA business success

The next Buffett, Elvis, or Jordan

From left: Warren Buffett, Michael Jordan, Elvis Presley, Kobe BryantThis weeks Barron's (subscription required) talks about The Next Warren Buffett. Of course nobody believes that's going to happen. The headline is cast to grab attention and sell papers, just like mine, but it's not happening: no way, no how!

Barron's discusses in it's story the strong possibilty that David Sokol, 51, the curent chairman of MidAmerican Energy Holdings Company is the most likely to succeed Buffett. MidAmerican has $39 billion in assets and is a subsidiary of Berkshire Hathaway (NYSE: BRK.A). The headline should really have read "succeed" not be the "next".

Continue reading The next Buffett, Elvis, or Jordan

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Last updated: November 25, 2009: 06:49 PM

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