WTF does that mean?@WojYahooNBA
Adrian Wojnarowski
Stern: "We've modified proposal to a flex cap, where some teams can go above it, some can go below it..."
@WojYahooNBA
Adrian Wojnarowski
Players have meeting scheduled for Thursday, and will respond to league's proposal on Friday in another league-union meeting.@WojYahooNBA
Adrian Wojnarowski
Stern: NBA proposed a targeted $62 million cap. As far as league's best offer? "It's all out there." Wouldn't call it "final" though.@WojYahooNBA
Adrian Wojnarowski
Stern says new deal would guarantee players $2 billion in annual salaries over 10 year deal. "Our best shot .." to get a deal done.@WojYahooNBA
Adrian Wojnarowski
Stern: "We've modified proposal to a flex cap, where some teams can go above it, some can go below it..."@WojYahooNBA
Adrian Wojnarowski
NBPA will continue to resist hard salary cap, and impossible to imagine owners backing down on it prior to June 30th deadline.Thought everyone should know....use this thread to update news about CBA and discussions...@WojYahooNBA
Adrian Wojnarowski
At end of labor meeting, still "big gaps" one official says between two sides. Meeting again on Friday. Some movement, civil meeting.
WTF does that mean?@WojYahooNBA
Adrian Wojnarowski
Stern: "We've modified proposal to a flex cap, where some teams can go above it, some can go below it..."
It means the Lakers can go above it, everyone else cant
Probably based on revenue, which means the Lakers get to do whatever they want, while the Spurs are f**ked.![]()
The Spurs' Tony Parker and the Hawks' Al Horford are among the stars who joined the union's executive committee for Tuesday's talks.
http://msn.foxsports.com/nba/story/N...iations-062111
http://spurstalk.com/forums/showthread.php?t=181898 older news on it
A hard cap should help Spurs because some teams with huge resources, thanks to being in a big market and/or having an owner not caring about money, have a financial edge over Spurs.
Last year, 3 teams (Mavs, magic and Lakers) had a payroll above $86M. After these 3 teams, 19 teams have payroll between $76M and $65M. It isn't fair to have 3 teams able to spend $10M ($20M with the luxury tax) than the rest of the league.
A good compromise would be to keep the actual system and adding a hard cap at a high level (around $80M). It wouldn't really hurt players but it would make the league more fair. The best way for the owners to get more money is the current escrow system with different rates ( a 50/50 split for players/owners and players putting 15% of their salaries in the escrow system).
To have a league more fair, NBA should change trade rules regarding cash. The $3M limit should be reduce to $1M.
Any more news about the possible reduction or elimination of the MLE? That alone would put more teeth in even the current system, because a capped out team would have severely limited flexibility.
A soft cap of 50M, luxury tax at 65M and hard cap at 80M seems fair. 5M MLE, 2M LLE, 500K minimum starting ( ulative on number of years of player). 15M max player on the first year, 20M max on final year (5 years max).
That flex cap is bull . Not surprised Stern would back off the the hard salary cap ($45 million was laughable). NBA doesn't want a Toronto-Sacramento NBA Finals. Lakers and Heat damnit.
I'm hoping a 20 year old entry limit is somewhere in the fold.
Here's something I didn't know that could affect how long a lockout might last:
Except for 40-50 players who are paid year-round, the rest of the 400 players are paid between Nov. 15 and April 17. So if Nov. 15 rolls around and a lockout is still going strong, that's when the clock will start ticking on the players for real.
imo there should be a hardcap or triple luxery tax...fck the lakers and t he big spending teams
Make this easier to process please. I heard this on Scott Van Pelt show too, sounds to me like 400+ players stop getting paid on November 15? How exactly are players paid, by regular season games or monthly?
I don't know. I never even thought about it before. I know that when guys get suspended, they lose pay for one game. (1/82 of their season pay) But I never really thought about how it all happens.
If I had to guess (and I do), I'd say they get 6 checks, one month apart, around the 15th of each month from November to April. And the other 40-50 players must get one check per month, every month. So those guys will start to feel it as soon as the lockout becomes official. The other 400 won't start losing money until Nov. 15? That's only about 2 weeks into the regular season. But if they lose a whole check, that's 1/6 of a season.
Maybe they pro-rate it all by the number of games, later on - I just don't know.
The funny thing is the owners are really in the driver seat. With so many teams losing money they are better off economically by not even playing the game.
The standard player's contract provides for 12 equal payments paid on the 1st and 15th of each month beginning on November 15th.
The player and the club can agree to a different payment schedule and a few players have the salary paid over a 12 month period.
The bottom line is that the vast majority of NBA players don't expect their next NBA check before November 15, 2011. The suggestion being made is that real pressure to make concessions won't set in until the players start missing paychecks.
More reminders that things are going to get weird:
That's because the moment the clock strikes midnight on the current CBA, all those images and videos of NBA players have to disappear off NBA-owned digital properties. Depending on how you interpret "fair use," the prohibition could include the mere mention of a player's name on an NBA-owned site, though different teams have different interpretations of this particular stipulation.
Over the past few weeks, NBA website administrators and support staff have endured two-hour conference calls and countless planning sessions to figure out how to eliminate all these photos, highlights, articles and promotional features from the sites.
http://espn.go.com/blog/truehoop/pos...es-for-the-nba
The NBA is officially locked-out.
@WojYahooNBA
Adrian Wojnarowski
Meeting is over, and lockout will start at 12:01 AM.@WojYahooNBA
Adrian Wojnarowski
Union player rep Matt Bonner: "We tried to avoid a lockout...Unfortunately we could not reach a deal."
as expected ... it still sucks ...
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