There is buzz around the NBA that legal betting could cause player salaries to spike again and create more wild offseason spending sprees
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- There is a buzz in the NBA that legal sports betting could create another salary cap spike, paving the way for free agency spending sprees.
- On Tuesday, the NBA announced a deal with MGM Resorts to become the official gaming partner of the league, the first such deal for the four major American sports leagues.
- It's unclear when and how much legal sports betting might affect the league, but some think the NBA will continue to monetize it, creating a "windfall" that could once again raise the cap.
The NBA on Tuesday announced an official partnership with MGM Resorts to make MGM the gaming partner of the NBA and WNBA.
The deal, the NBA's first sports betting partnership, comes after New Jersey, Delaware, and Mississippi legalized sports betting, paving the way for a Supreme Court decision.See the rest of the story at Business Insider
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