David Stern: We had a long day today...
same here...this is the dumbest thing in the world..keep hoping they will say we have a deal, but gut feeling is even if there is another meeting tomorrow, we'll still get same result..I really do think we are headed for a lockout for the whole season..Sux too because have one more run in them...but not if a season is cancelled..#so much for optimism
David Stern: We had a long day today...
Wojyahoonba:
Stern says NBA adopted 5 of 6 suggestions of compromises by mediator, and would be "amenable" to making deal on that until Wednesday.
daldridgetnt David Aldridge
BRI band from 49-51, mini MLE (2.5m for two years) for taxpayers, compromise on lux tax payments, league accepts 5 of 6 proposals from Cohen
daldridgetnt David Aldridge
League will hold offer until close of business Wednesday, then go back to 47 percent BRI/flex cap proposal from before..
daldridgetnt David Aldridge
Stern says union attorney rejected proposals from Cohen and league...
Probably means this is only going to get worse. I don't see the union caving into that compromise.
If I understood correctly, BRI split band would be:
51/49 if revenues exceed 57% of projections
50/50 if revenues don't exceed 57% of projections
49/51 if revenues don't exceed ??? projections
No sign n' trade for tax payers.
Lower mid-level for tax payers.
Increase tax on tax payers.
I like these things.
"projections" means BRI projected growth... that is, the difference between previous season BRI income vs current season BRI income
yeah there is no way the NBAPA takes the deal especially with an ultimatum...Once again it comes down to greedy grown ass men on both sides arguing about money...meanwhile you have those that depended on the jobs that come along with working in the NBA arenas across the nation..they guys make millions and cant iron out a deal...I love my Spurs but this makes me second guess how loyal I'll be to the NBA..
So, if I understood right:
51/49 if revenues exceed 57% of BRI growth projections
50/50 if revenues don't exceed 57% of BRI growth projections
49/51 if BRI doesn't grow
Anyways... now it's waiting till Wed... good night
Why is the wait until Wednesday?
NBA said it would put both this proposal and the 47% proposal on paper, and give the players until Wed to accept the current proposal, otherwise they'll pull it out and the 47% proposal will be the league's official offer.
Players will take this deal I'm sure..they really don't have much of a choice.
If Wednesday is truly the deadline, I just hope they cancel the season if the players don't take it. This whole progress being made BS being changed to no deal the next day is an insult to the fans who really want to watch basketball.
aint that the truth...the crazy thing is that the difference between both sides is what 80-100 million? I know that sounds like alot of money but to the entire NBA owners and NBAPA combined? its a drop in the bucket.. its ashame Fans have to be watching the minutes to all the twitter feeds concerning how the meetings are going instead of watching NBA highlights from tonight's nba action
I wouldn't bet the house on it. It certainly is designed to put pressure on the union.
We'll see if they bite.
Thanks for explaining that. Who came up with the proposal? The Nba?
They did but at the Mediator's request...The NBPA according to D. Stern rejected the offers made by both the NBA and the mediator
Just watched Derek Fischer's NBAPA conference..not good at all..Clearly seems like players will not accecpt ultimatum..Well, Time to go root for my Cowboys and Tar Heels#Thanks,NBA
I fervently hope the players don't take this deal.
I hope they do.
Tee, Hee
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