Sometimes, all you can do is cut your losses. Let’s say you’ve been running a business for years. You’ve never turned a profit, and it doesn’t look like you will any time soon. There’s an NBA lesson in here.
It won’t be an easy decision to make, but you might be better off if you close up shop.
Sometimes, NBA teams need to make the same concession.
If they’re obviously not competing for the NBA championship, they might do well to cut their losses. At the same time, it depends on the circumstances they’re in.
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For example, the New York Knicks haven’t looked like contenders this season. Neither have the Los Angeles Lakers.
Could the two make a deal this season?
