That was then, this is now, NBA edition

 [[{“value”:”Then, from summer of 2023: “The Boston Celtics just set an NBA record by agreeing to a five-year, $304 million contract with two-time All-Star Jaylen Brown…the odds are the deal will be seen as a good one — maybe even a bargain. The economics of the National Basketball Association have been shifting toward more and more money.” That was
The post That was then, this is now, NBA edition appeared first on Marginal REVOLUTION.”}]] 

Then, from summer of 2023: “The Boston Celtics just set an NBA record by agreeing to a five-year, $304 million contract with two-time All-Star Jaylen Brown…the odds are the deal will be seen as a good one — maybe even a bargain. The economics of the National Basketball Association have been shifting toward more and more money.”

That was by me, for Bloomberg, and at the time that claim received a lot of pushback.

Now: “With a potential $7B annual media rights deal looming, NBA players could make up to $95M a year on supermax contracts in the future.”

Here is a further look at those numbers.  Did I mention that the Celtics are in the Eastern Finals and are the current favorite to win the title?

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