NBA lockout: millionaires vs billionaires?

Devin Dignam and Dre Alvarez at Wages of Wins:

We keep hearing the NBA lockout being described as “millionaires versus billionaires”. But most NBA players won’t become big earners like Kobe and LeBron. … Here’s a fun comparison: on average, 1600 people win a lottery of at least $1 million every year! That’s right; the lottery has produced almost twice as many millionaires in the last year as the NBA has in the last twenty years!

Also, as they point out, players retire quite young and once they do that income stops.

This also gets away from the main issue of this labour dispute: it’s a lockout, not a strike. The owners are demanding a greater share of “basketball-related income” than they did under the previous collective agreement.