The Miami Heat have just won the NBA championship. They have one of the most powerhouse teams ever assembled (feel free to debate this below) that have helped them sell out their second straight season. Oh yea, and they haven’t paid rent on the building. (fancy loopholes of course) All of this and yet they still expect to have lost money this year.
The reason? Barack Obama The new Collective Bargaining Agreement.
“This is a hobby of passion, it’s not a business…Every year in the building we’ve lost money aside from last year, under the old Collective Bargaining Agreement, because of LeBron.” – Heat owner Micky Arison, CEO of Carnival Cruise Lines
Get the full explanation here: http://www.cnbc.com/id/48047319
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