Cardozo Public Law, Policy and Ethics Journal
Abstract
The 2011 NBA lockout highlighted the financial strategies of team owners, who, despite claiming operational losses, benefited significantly from tax provisions like depreciation and amortization under Section 197 of the IRC, as well as non-monetary benefits that aren't reflected in team financial statements.
Disciplines
Entertainment, Arts, and Sports Law | Labor and Employment Law | Law
Recommended Citation
Lance Taubin,
Welcome to the Real 2011 NBA Lockout: Where Owner-Friendly Tax Provisions and Non-Monetized Benefits Color the Lockout Landscape,
11
Cardozo Pub. L. Pol’y & Ethics J.
139
(2012).
Available at:
https://larc.cardozo.yu.edu/cplpej/vol11/iss1/7
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