http://www.sportingnews.com/nba/story/2010-10-21/nba-wants-player-salary-costs-to-drop-by-a-third NBA commissioner David Stern says there was no quantifiable progress in collective bargaining talks over the summer, and the league has revealed it is seeking a reduction in player salary costs by about one-third. Stern says the league wants player costs to drop by about $750-800 million. Deputy commissioner Adam Silver says the NBA currently spends about $2.1 billion annually in player salaries and benefits. Stern completed two days of meetings Thursday with his owners, who are seeking major changes to the current CBA that expires June 30. Silver says the league has repeatedly told the union that owners are in a "diseconomic situation," with projected losses of about $340-350 million this season
I don't think it would necessarily be a 1/3 cut from every salary. The article just mentions a third cut from the TOTAL salary of all players including benefits, so in reality it shouldn't be a virtual 1/3 decrease in each salary across the board.
It's a negotiating ploy. They may as well split the difference now and end all the uncertainty. Will that happen? Probably not.
Well. It wouldn't make much sense on their part to try to please the players now. They're going to demand something extreme like a 1/3 salary cut, but it will probably end up as a 1/6 or 1/8 cut or something... You're going to lose leverage, why go from 1/5 to 1/8 when you could essentially go from 1/3 to 1/6.
A strike/lockout for the NBA would bery very bad they can not handle it. It'd be a huge mistake for them to think other wise. The nfl can probaly miss a few seasons and it would take just a small hit....
those b*stard GMs kahn and hammond are to blame for this inevitable lock-out. Damn you for paying drew gooden.
Which is why NBA superteams = lots of publicity. Have you ever seen a team so much hyped in the off-season like the Heat? Now all the focus is on potential superteams in the future, etc. Just something to keep the attention back on the NBA. Now you've got a legitimate rivalry: Can LeBron win against Lakers, Celtics, etc. Can Kobe defeat the Heat? Stacked teams are bad for the bottom half of teams in the league, but it does make for some exciting basketball...
Well I'm guessing "diseconomic situation" means they're going negative every year or something. The difference in salary and income will help the crapper cities make money, but the owners of the bigger market teams will profit even more and probably not do a thing about ticket prices as long as demand is high. If you want cheaper tickets move to Memphis or New Jersey or something where they give them away. lol The NBA really should just get rid of basketball teams in small markets who don't attempt to put together winning teams (Memphis, Charlotte, Minnesota come to mind), its hurting the league overall with stuff like this.
I'm not an over reactionary guy, but I have to say that I think David Stern's turn as NBA Commissioner has been disastrous to the game. He made some changes that make it slightly more entertaining to the uninitiated but has, in turn, ruined much of the aura of the game as a sport. Hopefully, the NBA as we know it can survive his tenure.
the players dont need to be paid as much as they are anyway. however, it's not like the owners need the extra money either. the cut in player salaries need to be given back to the fans with lower ticket and merchandise costs.
