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NBA slam dunks MSG stock plan for LeBron
2:05 PM By Alan Hahn
As per NBA spokesman Michael Bass regarding our earlier blog post and the report by Forbes Magazine national editor Michael Ozanian:
"Ownership of shares in MSG in a situation such as this would constitute Salary Cap circumvention."
Clearly the CBA rule outlined in my previous blog -- a player may own shares in a publicly-traded company that directly or indirectly..
the artcile keeps going but i can't read it for free
welp.... i guess he can't
but i still think the NBA will have a hard time going against their own rule.
2:05 PM By Alan Hahn
As per NBA spokesman Michael Bass regarding our earlier blog post and the report by Forbes Magazine national editor Michael Ozanian:
"Ownership of shares in MSG in a situation such as this would constitute Salary Cap circumvention."
Clearly the CBA rule outlined in my previous blog -- a player may own shares in a publicly-traded company that directly or indirectly..
the artcile keeps going but i can't read it for free
welp.... i guess he can't
but i still think the NBA will have a hard time going against their own rule.