The National Basketball Association is an international professional basketball association in North America, consisting of 30 teams. The league is among the four major professional sports organizations in the US and Canada. It is also the premier men’s professional league in the world.
The mission of the NBA is to build a community that will showcase the American spirit through sport. The association has made a number of significant mistakes over the years, and its vision statement does not reflect the latest trends in today’s modern society. Currently, the National Basketball League has evolved into a multi-faceted business entity that reaches far beyond the dreams of its founders. Unfortunately, the business model of today has become a direct detriment to the integrity of the NBA and its once noble and prestigious mission of building a “nation of basketball players.”
Due to the many factors of which we are unable to properly evaluate the operations and management of the National Basketball League, we can no longer place sufficient value on the notion that the NBA is a purely philanthropic institution. Rather, the current business model of the NBA is increasingly detrimental to its mission. We strongly recommend that all professional teams play under the rules and regulations of the NBA instead of trying to modify their own free agency agreements and reap the benefits of signing top notch free agents. The best way for professional teams to perform is to operate as an independent entity under a single operating agreement.