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Jazz Spending to Stay Competitive

Can someone paraphrase this for me? It's way too ****ing long.

The current attention span of Umerica.

Anyway, it sounds as the Jazz franchise is adhering to conservative principles when coming to the finances of the team. While I don't pay to much faith in todays CEO's, it sounds as though they've made the right decisions and are benefiting from that forward thinking. With 9 players under contract and an already committed salary of 73mil, what kind of ramifications are the Jazz looking at? What's the number of players they HAVE to carry?
 
What's the number of players they HAVE to carry?

It's been awhile since I looked at this, but if I remember correctly they MUST have at least 13 players. However, if they don't carry at least 14 (the max is 15) then they must pay the salary of a 14th (at the league minimum) to the player's union, so they might as well carry 14, rather than just give the money away.
 
No one else wants to mention that he said the Jazz will only stay in Utah as long as Utah can support the franchise?


In full disclosure, this was something LHM sent out to all his non-Jazz employees shortly after buying the Jazz. The message was that LHM was not going to let his ownership of the Jazz destroy the rest of his businesses, and along with it the thousands of jobs they provide.

I'll tell ya, his lack of commitment makes me sick, just sick. He should have been willing to throw his full weight into winning a championship every year, even if it cost him and all his employees their livelihoods.
 
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