Folks see having $1,000 and having $10,000 as essentially the same. Neither amount brings them significantly closer to major financial milestones, like buying a home. They are in the same tier of lifestyle, so they gamble hoping to leapfrog into a higher lifestyle tier.
Because the gap between $0 and $10,000 feels minimal, the risk of losing $10,000... See more
The league entered talks at a time when the sports rights market was tightening, economic headwinds were rising, and TV ratings were flattening. Before negotiations started, some thought the NBA would struggle to achieve a significant increase over its current nine-year, $24 billion deal. Instead, as Front Office Sports has learned, the league coul... See more