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Countdown to (Financial) Doomsday: Stern Issues Ultimatum

Countdown to (Financial) Doomsday: Stern Issues Ultimatum

If there was any remaining optimism that owners and players were going to be able to get their act together, it's probably dead now.

Unless David Stern is telling "untruths," it may be time to begin bracing for the serious possibility that the NBA will not be playing basketball any time in the near future. Bad has a chance to meet Good sometime within the next four days; otherwise, it might joining in a long-time partnership with Worse.

What are we talking about? Call it basketball oblivion. Call its starting point this coming Wednesday.

Derek Fisher, Billy Hunter and company are set to reject the owners' latest proposal that would grant the players a 51% share of the league's basketball related income (BRI). Under the previous model, the players enjoyed a 57% share of the figure. Throughout the negotiations, they've claimed willing to come down to a 52-48 split. That extra one percent—from 51 to 52, a figure allegedly estimated to be somewhere in the ballpark of $40 million—could wind up costing them four-times its own amount.

If the players do not accept the owner's proposal by Wednesday—a proposal they've called "unfit" and "unfair" to vote on in conference—David Stern has guaranteed that the next deal offered will swing the balance of BRI power, with the players receiving just 47% of revenues. Stern has made mention that the shift in tactics is motivated by a league effort to recoup lockout-related losses. Accordingly, the longer this mess goes on, the worse—Stern claims—it will get for the players.

If 51% really is unacceptable and the offers really are only going to get worse because the owners will not accept loss, unless those losses are on the backs of the players, then you better get seriously invested in hockey or college basketball. If it wasn't already ugly, it's about to get ugly.

If you want basketball, and the players want as much money as possible, it's come time to sign a deal. Otherwise, neither you nor they will be getting any getting any of either.

CSNPhilly Internship - Advertising/Sales

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CSNPhilly Internship - Advertising/Sales

Position Title: Intern
Department: Advertising/Sales
Company: Comcast SportsNet Philadelphia
# of hours / week: 10 – 20 hours

Deadline: November 20

Basic Function

This position will work closely with the Vice President of Sales in generating revenue through commercial advertisements and sponsorship sales. The intern will gain first-hand sales experience through working with Sales Assistants and AEs on pitches, sales-calls and recapping material.

Duties and Responsibilities

• Assist Account Executive on preparation of Sales Presentations
• Cultivate new account leads for local sales
• Track sponsorships in specified programs
• Assist as point of contact with sponsors on game night set up and pre-game hospitality elements.
• Assist with collection of all proof of performance materials.
• Perform Competitive Network Analysis
• Update Customer database
• Other various projects as assigned

Requirements

1. Good oral and written communication skills.
2. Knowledge of sports.
3. Ability to work non-traditional hours, weekends & holidays
4. Ability to work in a fast-paced, high-pressure environment
5. Must be 19 years of age or older
6. Must be a student in pursuit of an Associate, Bachelor, Master or Juris Doctor degree
7. Must have unrestricted authorization to work in the US
8. Must have sophomore standing or above
9. Must have a 3.0 GPA

Interested students should apply here and specify they're interested in the ad/sales internship.

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Chris Long donating first 6 game checks for scholarships in Charlottesville

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Chris Long donating first 6 game checks for scholarships in Charlottesville

Chris Long talked the talk. Now he's walking the walk. 

The Eagles defensive end is donating his first six game checks of the 2017 season to fund two scholarships in his hometown of Charlottesville, Virginia. 

In August, Long spoke out about the violent protests in Charlottesville (see story).  At that time, he thought the majority of the original protesters, protesting the removal of a Confederate statue, were from out of town. He thought his neighbors were the ones trying to stop them. He also took umbrage to President Donald Trump's response, which condemned "violence on many sides."  

Now, Long is doing more than just speaking out. Based on his $1 million base salary in 2017, six games checks will amount to roughly $375,000. 

"In August, we watched people fill our hometown streets with hatred and bigotry," Long said in a release. "Megan (his wife) and I decided to try to combat those actions with our own positive investment in our community." 

According to the release, the scholarships will be administered by Long's alma mater, St. Anne's-Belfield School. Two members of the Boys & Girls Clubs of Central Virginia will be given the seven-year scholarships to go a Virginia school. The two scholarships will go to students entering sixth grade and will provide them with tuition through high school graduation. 

The Longs have actually been sponsoring a student who will graduate this spring from St. Anne's-Belfield, the release said. They have been paying for the student's tuition for the past six years. But now, Long wants to make a more public statement. 

"We want these scholarships to be reflective of what the 'Cville' community is really about -- supporting one another, social equality and building up those in our community who need it," Long said. "We hope our investment will change the lives of the students who receive the scholarship and in turn, those students can positively impact others."