Financial Crisis To Fasten Franchises Moves

For the first time ever the sport business has to go through a financial crisis. And for the first time in the NBA we can see the impact. First, it forced some NBA teams to make deals in order to lower their salary expenses. But now, franchises that were struggling on an economical point of view seems to need fresh air.

The first franchises to break the news was the Pacers, one of the finest franchise, which is settling in basketball land, the state of Indidana. Then we learnt this week the Kings were considering moving out of Sacramento, probably down to Anaheim. Also, new rumors emerged, that the Nets would indeed go to Brooklyn pretty soon.

I believe this crisis and these decisions are correlated. Clubs that don't have an healthy financial situation are the first one to seek for new opportunities. I have actually noticed that these past few years a lot of teams changed their hometown: Vancouver, New Orleans, and Seattle. We haven't been accustomed to that in the 90s nor 80s. I believe the NBA franchises are struggling being profitable, which appears now during this crisis.
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