Friday, February 26, 2010

2010 NBA Free Agent Market


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The NBA is on TV for almost 8 out of the 12 months of the year if you include playoffs and preseason games. However, they have to find a way to capitalize and bring in audiences for the other 4 months that they have nothing going on. The NBA is able to do this is a variety of ways such as replaying classic and intriguing games on NBA and Raptor TV. They hold fundraisers in the summer which are organized and even endorsed by the biggest names in the sport. The biggest activity that takes place over the course of those four months that keeps fans and viewers on the edge of their seats and wanting more is the NBA free agent market. Every summer there is a herd of players who become unrestricted free agents and have the ability to choose what team they would like to offer their services too. The summer of 2010 is going to be the biggest free agent market in NBA history.

Every summer there are many stars that can opt out of their contract and play for true championship contenders in the opportunity of surrendering a few bucks to solidify their legacy with some NBA hardware. This summer is going to be the biggest ever that will keep fans on the edge of their seat to see if their superstar will resign a new contract or choose to play elsewhere. Some of the names include Lebron James, Dwayne Wade, Chris Bosh, Amare Stoudemire, Dirk Nowitzki, and Kobe Bryant. All the names mentioned above if they changed team it would turn the NBA nation upside down because they would instantly make any team a championship contender.

These players know the choices they have ahead of them and have to not only choose for the money but also based on the future and where they see their career heading in 5 to 10 years. For example, if Lebron James known as one of the best players in the game were to leave Cleveland for New York he would instantly make the Knicks a contender maybe not instantly but over the course of two to three years with draft choices and trades definitely. Just look at what he was able to do with Cleveland the worst team in the NBA when he was drafted changed them into the best team in the league over the course of 6 years.

The NBA free agent market has a big lead up to it. It starts the prior season from the start. For example, for this summer’s free agent market teams started planning a year in advance. By trading players to dump and clear cap space. The New York Knicks a team expected to be the most active this summer traded almost every player on their rosters to clear cap space. They acquired Tracy Mcgrady at the trade deadline because even though he is the highest paid player in the league this year it is the final year of his contract. The New York Knicks have enough cap space to sign two max contract players. For example, they would be able to sign a combination of stars such as Lebron and Wade, Wade and Bosh, or onLebr and Bosh. This summers NBA free agent market is going to be a spectacle to watch as it will change everything in the NBA next year in terms of teams and their standings.

Thursday, February 4, 2010

Kobe or LeBron: The NBA’s Greatest Marketing Frenzy




The NBA is a national and world renowned brand name. Basketball games are watched all around the world. It is not the sport for just North Americans with the recent emergence of great talent pool of players in Europe such as Dirk Nowitzki, Pau Gasol and Andrei Kirilenko. The NBA is stretching its wings all around the world to reach the most number of people as possible and generate the most amount of revenue as possible. Throughout, their storied and great history the NBA has always had a player that they knew represented their values and core beliefs the best. They allowed this person to soak up the limelight, constantly broadcasted his games on TV, so as many people as possible could tune in easily and watch that individual in essence deliver a human highlight reel. All this NBA marketing frenzy was to generate more revenue and capture a larger demographic of viewers. For decades, this imaginary torch has been passed down from Wilt Chamberlain to Julius Erving, Larry Bird, Magic Johnson and Michael Jordan. These players have constantly delivered eye popping performances, were the best players in the league when they played and were looked up to by their peers and the community.


After the retirement of Michael Jordan hands down the great player to ever pick up and play the sport of basketball the NBA went through a dry spell of finding that one player who embodied everything they stood for and delivered show at the same time. The NBA has found these players who represent their league to the fullest. The NBA has been so lucky as to be blessed with not just one but two, LeBron James and Kobe Bryant making it the greatest marketing frenzy in NBA history. Both Kobe Bryant and LeBron James voted even amongst their peers are the hardest working and determined NBA players in the league. They have an excellent work ethic and humility to them that makes them great role models.


The NBA has put this great marketing frenzy to full effect in the recent past using major sponsors like Nike and Vitamin Water to help along the way. Not only was Nike responsible for providing apparel for both these athletes but now they are using them in commercials publicizing both the NBA and their own brand simultaneously. Nike has exploited this NBA marketing frenzy and taken it one step further by creating commercials called M V Puppets. These are set of commercials with two puppets one is Kobe and the other is LeBron. The setting for these commercials is they are both roommates living together and always trying to one up each other to make the claim of being the best.


This marketing frenzy by the NBA has been a blessing in disguise and they have definitely embraced it. They schedule the meetings between the two teams at the best possible moment to generate the largest potential audience and fan base. For example, this season they met on Christmas day which was perfect because everyone is home on Christmas and after lunch what would be better than to turn on the TV and watch two of the best in their sport go against each other. By having this great gift of two athletes so committed to solidify their legacies it creates for great TV and is this battle continues on the way it has been going NBA fans are in for a treat and the extra media frenzy created by the NBA is just like adding fuel to the fire.


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