Even Escort Services Losing Money From NBA Lockout

Rucuss staffNovember 22, 2011

If you really think about it many people are affected by the NBA lockout.

Basketball players and owners are always front and center when you think of the NBA. But they’re not the only ones that take a huge hit when the season is on hold. Teams loss $83 million (the number is growing) on ticket sales by canceling 100 games in the first two weeks. And that doesn’t include concession income, souvenirs or parking.

While players and owners argue over money arena workers and their families, bar owners and local businesses are also affected by the decisions that are made. Now, we’ve learned that escort services should be added to the mix.

According to CNBC’s Darren Rovell the ladies of the night are not doing so well in New York.

A 30 percent decline seems to be the magic number, even for Henry, who runs an escort service in New York that he says charges between $400 and $4,000 an hour, depending on the woman.

Henry says he takes between 65 and 80 percent of the total cut to match the players and other high-profile fans, who are with the client an average of four hours.

“There are replacements but they aren’t as consistent and not nearly as high paying,” Henry said.

Apparently, some players don’t like to deal with groupies. They rather a paid service because its more discrete. The escorts go away quietly when its over instead of the burden of a groupie who may sell their story to the media.

Although, business is down at this particular escort service, we’re guessing this occupation is still doing pretty well. There are plenty of other sports and hard up men who are willing to pay for a hour of pleasure.

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