Lockout Expenses Piling Up for Both Sides?
The combined expense of lockout negotiations for both sides figures to be close to a million dollars — from air travel to hotel rooms and meals for the two committees, additional owners and player reps. But that’s nothing considering the $4 billion in revenue they are fighting for.
The sides, neither of which would confirm its costs, also rent hotel ballrooms and several conference rooms for the media and for their meetings.
In a pinch Thursday, with no other conference rooms available, the NBA paid the hotel to shut down its lone restaurant to use as a press room.
In fact, most bargaining sessions feature two ballrooms for two separate press conferences. One press conference room is draped with an NBA banner, the other a Players Association banner.