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Owners "budge" on Hard Cap

Discussion in 'NBA Dish' started by bigbodymoe, Sep 27, 2011.

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  1. ascaptjack

    ascaptjack Member

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    100 dollars says that nothing was resolved and games start getting cancelled by next week.
     
  2. A_3PO

    A_3PO Member

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    The owners want to see some blood before they will settle.
     
  3. Dreamin

    Dreamin Member

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    Its all going down here from here on in.
     
  4. heypartner

    heypartner Member

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    As BimaThug pointed out, if you change the definition of Revenue, then the % split can change and the amount the players get is still the same.

    Right now, the owners are deducted expenses like interest in purchasing the franchises, and depreciation of players. That means to me that they are not using EBITDA as revenue. They are decreasing the earnings used in BRI. So, if you eliminate that accounting trick, the BRI is greater....so you can bring the share down to 50/50 and the players still have the same real dollar share.

    Again, as BimaThug, pointed out, if the definition of Revenue changes, then the % split is not comparable to the previous CBA.
     
  5. francis 4 prez

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    was surprised to hear stern say they essentially offered the players 50/50, though of course they wouldn't say it was officially on the table. also backed off on guaranteed contracts and modifying BRI. owners were certainly blinking more than i expected.
     
  6. A_3PO

    A_3PO Member

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    And next Monday is the real deadline to save the entire season. There is still hope.
     
  7. ascaptjack

    ascaptjack Member

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    HowardCooper Scott Howard-Cooper by sam_amick
    A lot of people just lost paychecks. And I'm not talking about players. Laugh off preseason games all you want, but it's serious to some.

    deandrejordan DeAndre Jordan by sam_amick
    I also want to say sorry to all the people who work in the arenas that don't have any means of income right now...way to go owners!

    ChrisMannixSI Chris Mannix
    Three players texted SI.com that, while needing further details, a 50-50 split sounded fair. Not star players, either.
     
  8. ascaptjack

    ascaptjack Member

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    http://ken-berger.blogs.cbssports.com/mcc/blogs/entry/11838893/32511287

     
  9. A_3PO

    A_3PO Member

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  10. ascaptjack

    ascaptjack Member

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    WojYahooNBA Adrian Wojnarowski
    Why's Stern waiting 'til Monday to cancel regular season games? He's pushing union to meet in next few days to hammer out deal, source says.

    WojYahooNBA Adrian Wojnarowski
    Union's livid Stern put out hypothetical sidebar discussion on 50-50 BRI split (which was really 51-49) in public.
     
  11. ascaptjack

    ascaptjack Member

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    WojYahooNBA Adrian Wojnarowski
    Nevertheless, Stern had to start moving toward a deal today and that happened. They're closer, but how close will play out in next few days.
     
  12. BimaThug

    BimaThug Resident Capologist
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    Hate to undercut your point, but interest and depreciation expenses were NOT deductible in calculating BRI in the recently expired CBA. It was reported that the owners wanted to include such expenses for the first time in the new CBA. However, the recent reports show that the owners may have backed off of such requested changes.

    The owners really ARE looking for a reduction of the player's share from 57 to 47 (or 50) percent, apples to apples (mostly).

    Even most players realize that 57 percent is too much for them in order to keep the business running effectively. It's all about finding the right compromise.
     
  13. heypartner

    heypartner Member

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    Thanks for clarifying. Sorry for putting words in your mouth. So, previously you were saying 52% (or something) for the players makes a little more sense IF the owners get their greater "correlative expenses" deducted. 50/50 if owners don't get extra deductions. I read that as the Union was trying to eliminate existing deductions.

    Glad you're around. My hobbiest interest in reading the previous CBA is stale. But I'm still interesting in others pointing out the facts.
     
  14. Carl Herrera

    Carl Herrera Member

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    If they really are 2% (or $80 mil out of annual revenue of $4 biilion) apart, I suspect they'll find middle ground this week. It seems they might have called it a day in the afternoon because certain people (translated: Kevin Garnett) were getting too emotional and it wasn't helpful for getting a deal done.

    Hell, with a gap that small, they can even have the lawyers start documenting the deal and fill in a number later on. They can even start free agency and the season itself with the 2% gap still remaining.... just escrow the difference until they come to an agreement.
     
  15. Keyser Soze

    Keyser Soze Member

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  16. ascaptjack

    ascaptjack Member

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  17. A_3PO

    A_3PO Member

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    Well, let's get 'er done and start the season on time. It was a major bummer missing summer league and the drama wasn't fun (I don't give a flip about preseason), but if Rox/Jazz, Bulls/Mavs and OKC/Lakers are playing November 1st, it's all good. :grin:
     
  18. ascaptjack

    ascaptjack Member

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    Yeah and don't forget about the epic free agency and trade period before that.

    I can see a flurry of activity going down similar to what happened in the NFL.

    A bunch of moves happening in a short amount of time.

    One thing the NBA has over the NFL is the trade deadline and off season free agency drama.
     
  19. BimaThug

    BimaThug Resident Capologist
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    If this is true, and assuming that BRI and salary cap calculations are computed the same way as under the old CBA, then you're probably looking at a 2011-12 salary cap maximum of about $53.6M (rough estimate).

    If that's the case, and unless Nene's willing to sign for less than market value, I say the Rockets just try to re-sign Chuck Hayes to a reasonable deal and call it an offseason (free agency-wise, not trade-wise). Maybe amnesty cut Thabeet or another 2009 lottery bust (or not, if they'd prefer to have their expiring contracts handy for trades). Play the trade market and/or wait for 2012 free agency.
     
  20. ascaptjack

    ascaptjack Member

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    :(

    I love Chuck, but we can't go into the season with him starting at center for 3 consecutive seasons.
     

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