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hard cap = Donald Sterling - 1990s. That seems to always go well
http://sports.yahoo.com/nba/news;_yl...meeting_092711NEW YORK – For the first time in two years of labor talks, NBA owners made a modest push from their rigid stance on implementing a hard salary cap, league sources told Yahoo! Sports.
The owners proposed at Tuesday’s negotiating session an idea similar to the current system that allows teams to pay a luxury tax for going over the cap. Only, now there would be ultra-punitive measures against higher-spending teams. The current system has teams pay a dollar-for-dollar tax for exceeding the cap.
Players Association executive director Billy Hunter has called the hard cap a “blood issue” for the union, and insisted the players would never agree to it.
The owners’ proposal on Tuesday “would still have the affects of a hard cap,” one source with knowledge of the talks said.
The owners didn’t budge on a desire to change the basketball-related income percentage (BRI) to a split that takes the players from 57 percent to the mid 40s, sources said. The players had offered to drop from a 57-43 split to 54-46 at a meeting last week in New York.
The two sides met for a little less than two hours on Tuesday on Manhattan’s East Side, and planned to meet again on Wednesday morning. The Players Association’s economist, Kevin Murphy, didn’t attend Tuesday’s meeting, but was traveling to New York to take part in Wednesday’s session. While the owners’ proposal was a slight upgrade, it is unlikely to move union leadership.
The owners and union both strongly suggested that Wednesday’s meeting would tell the direction of the talks. After the NBA canceled the first two weeks of training camp and preseason games last week, sources said league officials would likely suspend the last two weeks of October games by the end of this week if the two sides hadn’t made significant progress in negotiations. The NBA’s regular season starts on Nov. 1, and it’s almost certain games will soon start to be canceled without the framework of a new labor agreement
hard cap = Donald Sterling - 1990s. That seems to always go well
Figures something worthwhile to read is going to drop like a rock to the bottom of this ty forum. Thanks for the info!
So, IOW, it's still a hard cap, but we'll call it something else (tough cap or some such)
Further favouring big market teams. Teams like the Lakers, Knicks, and Bulls have enough revenue to offset whatever financial punishment that comes from going the cap, while small market teams cannot absorb the same damages.
Unless the penalty is something like losing a draft pick, mid-level exception, or no trades over a certain value for a period, this is not going to work.
i know. wasnt this whole lockout about helping the small market teams? now im hoping their is not a season.
This was supposed to be the biggest hangup in the negotiations right?
I'm imagining some sort of graduated system, with teams paying dollar-for-dollar for the first few million, 1.5x for everything above that to a point, 2x for everything beyond that, etc.
But I don't think this will have the affect of a hard cap. It just means the stupid mistakes will hurt teams even more. Doesn't mean teams will stop making stupid decisions, especially GMs that get in a bidding war and are in a win-now mentality. Seems like a win for the agents.
The 4 tier luxury tax system would work pretty well I think, because while in the end a lux tax always favors big market teams, people like Buss or Cuban would be cautious. The lux was at around 70 million last season, so assuming a team is like 15 million over the cap they could have a team salary in excess of 100 million.
I can still see Cuban spending the cash especially now to defend his le. But maybe re s like Otis Smith will think twice about handing out 120 million dollar contracts to the Rashards of the NBA
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