He negotiated the first anti-drug agreement in professional sports and introduced the salary cap system and revenue sharing to the NBA. The NBA experienced tremendous global growth during Mr. Stern’s tenure, and was the first U.S. professional sports league to stage regular-season games outside North America.
How did David Stern help the NBA?
Stern also helped found the Women’s National Basketball Association and the NBA G League, the NBA’s development league. Under Stern, the NBA launched their digital presence with NBA.com, NBA TV and NBA League Pass. He also established the NBA’s social responsibility program, NBA Cares.
How much did the NBA grow under David Stern?
As the league’s fortunes grew, so did player salaries, rising to an average of more than $5 million in Stern’s tenure, up from $1 million in 1992 as television revenue grew to almost a billion dollars annually by 2007.
Who owns the whole NBA?
Originally Answered: Who owns the whole NBA? Like the other major US Sports leagues, there’s no one overarching owner – the league is a collective group of all member franchises and thus owned equally by all 30 teams.