National Basketball Association owners aren't crying wolf when they say their league is in serious financial trouble.
A look at the books drives home that message ever so painfully. Even shows how some teams that were winning still were operating at a loss.
* It has been learned that only seven of the league's 23 teams made money last season. And the NBA admits to losses of between $15 and $20 million, with comparable losses anticipated this season.
* The average NBA salary is $246,000, making the average team's 12-player payroll $2,952,000. The Bullets, counting Spencer Haywood on the roster, average $167,000. The Indiana Pacers have the lowest average salary at $100,000. The 76ers have the highest, averaging $400,000 a player. The NBA minimum salary is $40,000.
* League sources say the average team pays out an additional $975,000 for coaches' salaries and money due players who are no longer with the team and another $240,000 in such benefits as insurance, pensions and health and medical coverage for the players. That comes to $4,167,000 a season.
While the NBA says it does not keep such figures, a team-by-team breakdown of ticket prices shows that the average NBA ticket price is $9.88, and with an average attendance of 10,114 for 41 home dates (through March 6), the average team would take in $4,096,979 in gate receipts. The league takes 7 percent of the gate, leaving the teams with an average of $3,810,191. That means salaries and player benefits eat up an average of $286,788 more per team than the average team takes in at the gate.
* League sources say at least four teams, the Utah Jazz, Indiana Pacers, Cleveland Cavaliers and San Diego Clippers, are in such precarious financial positions they could possibly be folded or merged. Cleveland owner Ted Stepien is now talking about moving the franchise to Toronto.
* Owners are having difficulty working out a new collective bargaining agreement with the players and the players have set an April 2 strike date if a settlement isn't reached by then. Each team stands to lose approximately an additional $2.5 million if there is a strike. How can a league with perhaps the best athletes in the world be in such a jam? Who is to blame and how does the rat get out of the maze?