PREVIEW

... he NBA and NBC announced at the same time that they had reached a four-year, $1 billion TV contract.

The news came as a surprise to many bosses, and it meant more dividends next year.

According to the old collective bargaining agreement, 50% of the two money went into the owner's pocket, and the other 50% belonged to the players.

In other words, dividing $750 million by 27 is roughly the NBA salary cap for the new season.

That's $25.5 million.

How much has this ...

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