can someone tell me the new "basic rules" is there cap, a tax, is the max changes, is the increase per year changed, are 60 years olds manned from joining, are 5 year olds banned from joining, are femles banned from draft?, do the vet min, lle, MLE, still exsit, how many years?, can tim duncan cancel and resign a "shaq, KG" deal? will coaches salrys be maxed? is there anyting radical beign addd or subtracted?
is there a no ask no tell policy
detail people details
19 year old age limit
6 year max contracts for your own players (it was 7)
5 year max contract for new signings (it was 6)
No super luxury tax
Still a luxury tax
Higher salary cap (51% of the BRI instead of ~48%)
10% raises for your own players (it was 12.5)
8% raises for new signings (it was 10)
Rookie contracts will have team options in 3rd and 4th year (it was guaranteed for 3 years and a team option for only the 4th)
I wouldn't bet on any. That is what my gut is telling me.
There's also these changes in the escrow distributions:
Escrow would be reduced and distribution of escrow moneys modified. Currently, players must pay 10 percent of their salaries into an escrow account each season. If, at season's end, the total amount of player salaries exceeds 57 percent of the league's total basketball-related income, that money goes to the owners whose teams stay below the luxury-tax threshold (and a few that fall within a certain "cliff threshold"). If it doesn't exceed 57 percent, the players get their money back. Under the proposed agreement, that number would be slowly fazed down to 8 percent by the end of the agreement.
There is potentially another significant development in this area. Under current rules, the NBA has sole discretion over the use of the escrow money. Currently, it redistributes the cash (and luxury tax revenues) to teams that are under the luxury tax threshold. In essence, Clippers owner Donald Sterling gets a bonus for being cheap. Under the new proposed agreement, distribution rules would be changed so that luxury tax revenues would now be distributed equally among all 30 teams.
Thanks for the summary, Kori. Does the above apply to current contracts, or to re-signing current players? (I would assume the latter, but just checking)6 year max contracts for your own players (it was 7)
This is great news.
All current contracts remain I believe. Everything done after the CBA is put into effect uses new CBA rules.
Re-signing current players.Does the above apply to current contracts, or to re-signing current players? (I would assume the latter, but just checking)
I didn't think they would go on a lock-out anyways. Because they knew how the NHL turned out, the NHL went to and lost some fans.
Yeah, did they specify anything about the 65'ers??
The story of cousy and others really got to me, and concerned me if the Owners and players did anything about it.
Whew...relief.
As a fan, I'm happy as . I'm disappointed to see the players giving up so much though. I don't think raising the salary cap by 6.25% comes anywhere close to making up for the concessions they made.
Stern's a bad mf though. He has Balls of Horry to force the player's union to accept his proposal to take even more money out of the players' pockets than he did in 1999. He's a of a commisioner.
instead of 20 million theyll make 16.take even more money out of the players' pockets than he did in 1999
Good lord the atrocity.
The NBA oughtta take alot of the money they are taking from the players and donate it to one.org.
Overall, the players will not make less money.
Total player salaries would be guaranteed. The proposed agreement guarantees that players receive a minimum of 57 percent of basketball-related income (BRI) in the form of salaries each year.
Did you hear, ... the trailblazers franchise is going on strike, they dont like one of the agreements on the cba. Drug tests 4 times a year.
This is great news! I was worried about summer league ball getting cancelled. As a young team the Blazers will find summer league extremely important for player development. I'm also thinking about going to Vegas to check out some summer league games and it would suck if they cancelled them.
Players got had but at least free agency won't be delayed.
I am not sure if it's that Stern is so bad, the players just have a weak union, or that Hunter is the worst union chief ever...
But anyway...if the players are giving it up that willingly there are no bad guys here...it's great for the NBA owners and fans of those teams.
I am tryng to figure out if Holt or Parker needs to thank Pop for pushing to sign Parker when we did...I think Parker got the better of it on the financial end...but at least Holt doesn't have any worries...and he's on the verge of getting a le. It's tough to say how much Parker would get offered if he was a FA...I think his stock went up this season,(Van Gundy thinks he is an All Star) so maybe Holt did get the better end of it.
Same with Dallas. They have a young team also. Daniels, Harris, Mbenga, and Pavel
Okay while I am happy that there won't be a lockout, this deal stinks on the age limit issue.
Basically there should be some stipulations and it should have been raised to 20 years old.
I agree G Mo.
Either make it 20 or leave it the way it was.
19 leaves alot of kids in limbo, and its not too fair for them.
STern said he wanted to get the GM's out of the high schools, but Im afraid to tell em, they will still be there.
So, IMO, the 19 year old issue is just plain dumb.
Why? NBA players have one in a million talents, so they should be paid the market rate. Stern is trying to take the free market out of the NBA, you freaking Communist.
Press conference on NBATV right now. Let's see if a reporter asks about the 65'ers.
The teams also will be able to send players down to the NBDL who have less than 2 years NBA experience.
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