
Kings pay equalisation subsidy: JVG
If it wasn't happening and JvG said it was, you would have to think the lower budget teams would be making some noise.

It is funny that everyone doubts this happens without any sort of substance or source of their own.

I’m with Kobe - unless I get confirmation from a second (trustworthy) source, it’s probably just spin to save his arse or to make him look good.

I don't think the league 'pockets' money as such, they aren't exactly a money-making operation at this point. But agree if it's meant as equalisation it should be used as that.

Paying for marketing for smaller clubs still helps smaller clubs by freeing up cash, but I hope ALL the subsidy is spent on that and none is just being pocketed by the league.

I remember reading an article where Beecroft said Cairns received some payments

Wasn't it spun by the NBL as being kept in reserve as well in case there were problems with a team being able to sustain itself as well?
If it wasn't spun as an equalisation tax to start with, saying that the poorer clubs would have been able to access it to keep things even, then the NBL wouldn't have such a credibility issue (on this topic at least) - it's that they didn't fully think it through and promised something that didn't eventuate... Which is pretty much standard for them...

The overspenders do pay, but initially it was sold to fans that the money would go to the smaller clubs to spend a little more on their roster, hence an "equalization tax", but the league supposedly just puts the money towards marketing for the smaller clubs.

I find it difficult to believe anyone on here who was previously insisting it didn't happen will be convinced by JVG saying it did.

Andrew Ogilvy is supposedly going to join the German Euroleague club Brose Baskets.
