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- Jun 7, 2011
NBA Lockout Hurting the Escort Service Industry
We’ve all read the heartbreaking stories of all those people whose lives have been turned upside down by the NBA lockout — arena workers, team support staff, NBA media folk, etc. — but won’t anyone think of the escorts, for crying out loud? They’re people, too. CNBC knows that, and is on the case: “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.