NBA Urges Players To Downgrade The Flashy Life To Prepare for Potential Lockout

November 23, 2010  |  

(WSJ) — Brandon Jennings of the Milwaukee Bucks, who earned about $2.2 million last year in his first NBA season, is the proud owner of a Ford Edge, which cost $26,000. New York Knicks guard Roger Mason Jr. said he recently traded in his Bentley convertible for a used Cadillac Escalade. And when he needed to work out and get therapy during the offseason, James Jones of the Miami Heat said he used the team’s facilities instead of paying for a private trainer. “We’ve got a lockout coming,” Mr. Jones said. “I’m not going to pay that much money to have somebody stretch me for an hour.” As the NBA and its players union continue to steam toward a possible work stoppage after this season, the union is trying to see to it that if the paychecks dry up, its members won’t be forced to do what many of them had to do last time this happened: liquidate their posh possessions to pay the bills.

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