No Time Like The Present

Stern Claims CBA Is Top Item On League's Agenda

Like residential real estate, it is a good time to buy an NBA franchise. That is the message from Commissioner David Stern during his State of the League address before Game One of the NBA Finals. Asked about the current marketplace for franchises, Stern admits to “some bargains in there with respect to Charlotte,” but adds, “If somebody asked me whether a team is a good buy, my response is that you’d better hurry up, they’re going like hotcakes. And they’re going to be even more valuable when we get a system that is even more sustainable.” In terms of negotiations for that new system, he adds that “eventually we'll get around to talking about it and we'll work our way through it.” Overall, it is a pleased and bullish Stern who confidently states, “I've been doing this for well into the fifth decade, and this is about as good a time as any to be an NBA fan.”