(This is from the Wages of Win network, but it's just a look at revenue, expenses and so forth. In other words, we can leave aside all the knee jerk arguments about Wages of Wins.) A bullet point summary of the article: - Player’s salaries have stayed even with inflation. Essentially this means their pay has not been going up. - Owners have been increasing their spending. Management’s operating costs (per their own numbers) have been going up at five times the level of inflation (that’s a lot). - Even in the ideal case for the owners with the new CBA these problems will repeat themselves in 2020. - The Owners are asking the players to take a pay hit to make up for bad management practices.