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May 24, 2013
David Berri

Seattle Is Frustrated By the NBA's Command Economy

Co-author, 'Stumbling on Wins'; Economics professor, Southern Utah University

Seattle learned this past week that the NBA doesn't quite follow the rules of a market economy. For Seattle to get the Kings, the other 29 owners had to approve the deal. And when the dust settled, a majority of those owners thought an inferior bid to keep the team in Sacramento was preferred.

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