I'm not sure if you can have parity in the NBA. It's more star-driven than any of the other sports, one player can absolutely maul the competition. I remember growing up and it was the Lakers and Celtics and everyone else. I was a Nuggets fan, who back then were competitive but had absolutely no shot at the big prize. Still, that was the consensus pick for the greatest NBA era ever, and I have to agree.
Parity can be boring as hell too--just look at what's happening in the NFL. I don't mind it if there are one or two absolutely dominant teams, I just don't want the rest of those teams to absolutely suck and/or play a boring style.
Two things not helping the NBA though--a super-soft cap and players essentially colluding with one another.
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