Originally posted on The Sports Bank  |  Last updated 10/12/11

The only winners in the NBA lockout are overseas basketball leagues Many NBA players are going to overseas to play this winter as the lockout drags on, making these foreign leagues stronger. And it’s a natural fit because David Stern’s league is very popular outside of the U.S.

Coming off a year of record television ratings, the league had a lot of popular momentum going for it. But that’s all been squashed now, as the other nations are currently laughing at the predicament in America.

Watch the video after the jump

From Next Media Animation:

Players currently receive 57% of basketball-related income. Owners are lobbying for a more even split.

Owners claim most teams in the league are bleeding money, saying they lost a combined $300 million last year. Critics are skeptical of the grim picture owners paint. Teams are able to earn millions through local TV deals.

The players aren’t exactly hurting, either. They’re fighting a hard salary cap that would limit their extravagant contracts. The first two weeks of the season have been cancelled, prompting some players to join foreign leagues. We in Taiwan say, “long live the lockout!”

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