The slumping economy is finding its ways into sports realm. The NBA has procured $200 million to distribute amongst those teams that may need extra cash, according to MSNBC.com. Twelve teams have expressed an interest in the additional funding which they need to cover money lost in operations. Not to mention, last October, 80 NBA jobs were eliminated. NBA Commissioner David Stern doesn’t think of it as a bailout but as a sound investment and speaks to the strength of the business.—WLW
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