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Simmons: Nets Among NBA Teams Selling the "Illusion of Regret"

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Bill Simmons takes a long look at the NBA's financial woes and predicts the NBA is about to go through a period of wrenching cost-cutting as dumb mistakes hit the spreadsheet hard, devaluing every franchise not just their own. Only the ego-driven super-rich buy in now, he writes, citing Mikhail Prokhorov. Most teams "sabotaged themselves" and are now trying to fool the fan with "an illusion of regret".