As we try to piece more and more fragments of information together, I thought it would be helpful to offer a brief summary at the end of each week outlining what we've learned and what we need to know going forward.

• Teams have been experiencing huge drops in their operational income, and there is no clear or uniform reason as to what is driving this number downward, and it holds true for teams who are making money and losing money.
• The league's audited income statements reveal $1.5 billion in losses over the past five years. These numbers are both helpful and not helpful.
• The league signed a national TV deal that, while probably saving them in 2007, may have inadvertently removed them from participating in their new-found popularity.
• There is a massive disparity between what big market teams and small market teams make in terms of local TV revenue, which makes it very difficult for small market teams to capitalize on TV opportunities.
• The players will receive their escrow money from the previous season.
• Four former ABA teams are at a distinct competitive disadvantage.