You all know by now — the New Orleans Mess tried to trade Chris Paul to the Lakers (involving the Rockets as well), but the other owners, who jointly own the Mess, stepped in and blocked the trade. The trade has quickly become an argument about the small market/big market dichotomy in the NBA. My brother Conor sent me a standard response from Matthew Yglesias at Slate. Yglesias argues that artificially preserving the talent on small market teams is misguided:
It’s not clear to me why they don’t just eliminate this New Orleans franchise. Everyone knows there are too many NBA teams. Nobody wants to own this team, nobody wants to play for it, and there’s no a priori reason to believe an NBA franchise in New Orleans could ever be financially viable.
Yglesias and many others feel that the Mess and maybe a few more teams should be “liquidated” and “replaced” in some way. Ideally, they could be moved to a big market, where the financial returns to winning seem higher. However, eliminating and moving teams is bad press. I also think that keeping teams Continue reading
Posted in Basketball, Commentary, Common Sense, Financial Analysis, Innovative Ideas, Trades/Free Agency
Tagged 30 for 30, baseball, basketball, big market teams, Chris Paul, Chris Paul trade, Daryl Morey, David Aresnault, Denver Nuggets, football, Grinnell College, Houston Rockets, Jacksonville Jaguars, Kevin Grier, LeBron James, Los Angeles Lakers, Loyola Marymount, Marginal Revolution, Matthew Yglesias, MLB, Moneyball, NBA, New Orleans Hornets, NFL, Paul Westhead, Seattle Scientists, Seattle SuperSonics, small market teams, Tyler Cowen