[UPBEAT MUSIC PLAYING] See, in the N.B.A., there are rich teams and poor teams. That’s competition for you. But to maintain that competition and make sure every team has a fighting chance, the N.B.A. The rich teams would use their mountains of cash to buy up all the best players, and soon, they’d have a chokehold on the league. But maybe you’re wondering, why do rich teams agree to share their hard-earned profits with their poorer rivals?

Source: New York Times June 29, 2020 10:30 UTC