Again, quoting the article: This is one reason the owners have an advantage in this labor dispute -- they have a longer window of time to recoup their losses. An average player is likely to be out of the league in a few years, but an owner can hang on to his team for decades. Yes, losses in revenue work both ways, but the owners can afford to wait it out longer than the players can.
ChrisMannixSI Chris Mannix Source confirms multiple reports: NBA, union will not meet before Monday's league-imposed deadline to cancel regular season games ChrisMannixSI Chris Mannix @ RT @WojYahooNBA As another union source just told Y!, "If the league wants to meet with us Monday, they'll have to get their asses out to LA ChrisMannixSI Chris Mannix Source: NBA refuses to engage in further talks unless players agree to a 50-50 split ChrisMannixSI Chris Mannix Response from players is, predictably, angry. But most of the frustration is with the union. Lot of players don't have a problem with 50-50 ChrisMannixSI Chris Mannix Don't know if holding regional meetings is the answer for the NBPA, either. Several players say they think it is a waste of money. ChrisMannixSI Chris Mannix Gear up, folks. There's a good chance this is about to become a pie fight. ChrisMannixSI Chris Mannix The idea that the season was going to start on time was absurd to begin with. Now it's a question of how much time will be missed? ChrisMannixSI Chris Mannix Source: NBA, union won't meet without a 50-50 split bit.ly/nLp7HH ChrisMannixSI Chris Mannix Statement from NBA spokesman Tim Frank: "We told the union today that we were willing to meet as early as Sunday. We also advised them.. ChrisMannixSI Chris Mannix Frank: "...we were unwilling to move above the 50-50 split of revenues that was discussed between the parties on Tuesday." ChrisMannixSI Chris Mannix Frank (cont): ...but that we wanted to meet with them to discuss the many remaining open issues. The union declined." http://sportsillustrated.cnn.com/20...bor.meeting/index.html?sct=hp_t2_a3&eref=sihp
WojYahooNBA Adrian Wojnarowski As @KBergCBS reports, NBA refusing to meet with players Monday without pre-agreement that NBPA will accept 50-50 split on BRI. WojYahooNBA Adrian Wojnarowski Union source says: "This just confirms what we suspected all along: The NBA was never serious about negotiating until guys missed checks." WojYahooNBA Adrian Wojnarowski When Stern plans to cancel the first two weeks of regular season Monday, Billy Hunter will be in LA at NBPA meeting for West Coast players WojYahooNBA Adrian Wojnarowski As another union source just told Y!, "If the league wants to meet with us Monday, they'll have to get their asses out to LA." WojYahooNBA Adrian Wojnarowski Stern didn't have immense owner support to offer 50-50 BRI split, and even far fewer owners willing to give players better than 50 percent. WojYahooNBA Adrian Wojnarowski NBA's strategy is clearly to reach out to rank-and-file players, get them to rally against union's stand, and accept terms on the table. WojYahooNBA Adrian Wojnarowski What still hasn't been agreed upon: luxury tax on cap, future of mid-level and bi-annual exceptions, and more. Still major system items. WojYahooNBA Adrian Wojnarowski After NBA refuses to meet with players without pre-conditioned terms, union source calls it a "total hardball move." tinyurl.com/3uhgz9q http://sports.yahoo.com/nba/news;_y...YF?slug=aw-wojnarowski_nba_labor_talks_100711
The writing is on the wall, if the union does not get the opportunity to earn 53% whether it is out right or through incentives they will decertify.
For injury prone or veteran players, they might have only 1 or 2 seasons left. If they miss half a season, it could easily be the majority of their pay for the rest of the career. They would be unable to recapture the loss, if they aren't able to get a contract extension. For example, T-Mac and Greg Oden, due to injury risk, might not get new contracts that see them through the end of the new CBA contract. Derek Fisher, Ray Allen, and Antonio McDyess might only play for another season due to age and retirement. If they miss half a season, it could be half their final income. Old fart, Jerry Buss, can recoup millions more, because he has time on his side. He can get few million every year for several years over the full term of the CBA contract. Buss doesn't have to worry about injuries or retirement. The other party, sports agents, can wait it out, because they expect to make up for the loss games with commissions on not just current NBA players. They can make up the loss with future NBA players. They do not want to set a new precedent with a drop to 50%, because of the potential losses on future CBA contracts also. In the end, the current players lose if game cancellations last several weeks and they make no headway. While their agents manipulate the players as pawns, they can not recoup their losses in their short contracts. Agents and owners might lose 30 games over 6 years, 496 games(~6%). The players could lose 30 games with only 82 games left in their career(~40%), or 184 games(~20%), or etc.
1. The owners never agreed on a 50/50 split. Stern threw that out there, but still has to convince all the owners on that matter. So it not a for sure thing. 2. They threw it out without a definite proposal. Meaning the owners might give the players that and then put super high luxury tax, take out exceptions, institute an effective hard cap, and then say the contract has to last 8+ years. All of those are major issues that the players want resolved. 3. Still no consensus on league sharing plan at all. Which the players want because if they get their BRI cut this time and there is no stem to stop owners from being idiots with contracts or writing off other losses on the team, what prevents the owners from doing this all again to the players during the next CBA negotiation? This is not as simple as everyone is making out to be, yet Stern is playing the propaganda card to make the players look like bad guys.
Not likely. SpearsNBAYahoo Marc J. Spears Despite meeting with NBA, source says players have no agreed to 50-50 BRI.
WojYahooNBA Adrian Wojnarowski The drama of waiting until 11th hour of cancellation of regular season games to set meeting speaks to massive egos of Stern and Hunter.
I'm not taking sides here, but Hunter's ego isn't the issue here. He's very much in tune with the players and isn't driving the agenda. Can't say the same for Stern but wouldn't completely rule it out. IMO, Stern wants to make a deal and start on time. He will soon be going out to pasture and I don't think he wants a bunch of missed games or a lost season to tarnish his legacy.
Please NBA don't do this.... I love basketball and I don't want to see the brand hurt. Plus, I love the Rockets, and as a fan I will remember this.... If I were Stern, I would step up here and be the hero....
There is no hero stepping up for Stern. When the league takes over a team(New Orleans) and the players make more money than the owner, then the league is going down. Even if the Hornets traded away CP3 and West, it would just drive away the fans. None of the Hornets fans want to watch a team built for the cheapest payroll. If they don't keep the salaries down, the league could start taking over other crappy small town franchises and throwing more money away at operations. Revenue sharing works, if there is only a small percentage of teams losing money. Maybe 10%, which is only 3 teams out of 30?
I still don't see a deal getting done tonight. Although i appreciate the drama, i fully expect to be missing the 1st two weeks of the season.
Yep, the agents are the bloodsuckers. They don't really care if the current players get the money. They want long term money. That's why they are pushing the players to hold firm.
SpearsNBAYahoo Marc J. Spears Taking page from NFL players during their lockout, @derekfisher & @CP3 will Tweet out "LET US PLAY" on Monday & invited players to do same.
I see a deal getting done and all 82 games saved. The percentages are to tight and its to close to not get this thing done. Stern has his best poker face on and I feel as if he doesn't want to lose games.
