Stern could call for "postponement" of 1st two weeks of regular season - not a cancellation - if progress warrants more talks, source says.
How could postponement of season work? Nov 15 tip; more back to backs, make ups at end of reg season; shorter layoffs between playoff games.
The owners want to reduce the annual midlevel exception for free agents from $5.8 million to $3 million with a maximum contract length of two years, league sources told Yahoo! Sports. The owners also want to limit the maximum length of contracts to four years for players re-signed by their own teams and three years for players joining new teams, sources said. The union didn’t want to go below five and four years. The current maximums are six years for players re-signed by their own teams and five for other players.
The owners also want to greatly penalize teams that exceed the salary cap, sources told Y! Sports, proposing that teams won’t be allowed to pay the luxury tax more than twice in five years. Tax-paying teams also could be restricted from using the Bird exception to re-sign their own players.
While Stern claims the owners are no longer seeking a hard salary cap, Players Association president Derek Fisher said the proposed penalties for tax-paying teams will essentially act the same as a hard cap on player salaries.
“You can’t say you’re moving away from a hard cap, but then do everything else that brings about the same result,” Hunter said. “You’ve compressed salaries, and then you’ve fixed it so nobody is going to spend. You’ve got a hard-cap situation. That’s the reality.
NBA owners have sought to reduce the players’ share of BRI from the 57 percent they received in the previous labor agreement. The players have proposed dropping to 53 percent while the owners’ last formal proposal wanted a reduction to 47 percent.
Stern suggested last week the two sides agree to a 50-50 revenue split, but the players balked, not wanting to accept such a deep cut without the owners first preserving many of the old system issues from the previous CBA. Stern said Monday that the players union originally floated the 50-50 idea, which Players Association officials disputed.
The two sides don’t have any future meetings scheduled, but will stay in communication, Stern said.
Though both Stern and Hunter expressed optimism the two sides would reach agreement before the entire season is lost, some team executives fear the league and union will now dig in and progress will be even harder to come by.
“I think the best-case scenario now is 50 games, but I can see the whole season gone,” one team general manager told Yahoo! Sports.
Hunter plans to meet with players in Los Angeles on Thursday. “Unfortunately maybe we need to miss a few games for them to know there’s resolve among the players,” Hunter said.
SteveHTOWN wrote:MJ had already retired when the '99 lockout came, so he isn't more familiar with the topic than most other owners/ players.
I'm not even sure he would second the players position as he had some "meager" years in terms of money he earned of his player contracts with the Bulls (and Wizz).
shadowgrin wrote:SteveHTOWN wrote:MJ had already retired when the '99 lockout came, so he isn't more familiar with the topic than most other owners/ players.
I'm not even sure he would second the players position as he had some "meager" years in terms of money he earned of his player contracts with the Bulls (and Wizz).
Doesn't make sense.
He's currently an owner, so he probably is familiar with it like most owners and players. (Or pays someone to feed info for him)
shadowgrin wrote:The Wizards salary is negligible. He was part of Wizards management before he decided to play again. It's similar to what Tony Parker is doing right now to his team in France playing for them.
shadowgrin wrote:Those meager years, different CBA and Jordan's contract length was until the end of it ('96) so even if he was worth more than Kukoc there's nothing he can do about it even if Kukoc got a similar salary. He was stuck with the contract he signed previously. He's the main reason for the max salary limit because of the those $30 million salaries he got and he still has the highest paid salary amount (in a season or two) in NBA history.
shadowgrin wrote:It would just be plain ignorant to assume that Jordan doesn't want to help the players of today (being a former player himself but also currently an owner) without taking into account the context of that period.
SteveHTOWN wrote:shadowgrin wrote:The Wizards salary is negligible. He was part of Wizards management before he decided to play again. It's similar to what Tony Parker is doing right now to his team in France playing for them.
He played for the minimum (?) salary just for the love he has for the game.
SteveHTOWN wrote:As much as he may want to help today's players he is still owner of the Bobcats. You can see from his decisions (letting Gerald Wallace and Stephen Jackson go) that he cares about profit. I would not expect him to second any solution that brings him in danger to have more losing seasons (financially) than necessary...
Andrew wrote:I don't think the Wizards had cap room to offer him anything more than the minimum, though that comeback wasn't about money away. Besides, it never happened.
shadowgrin wrote:lol at having to let go of Stephen Jackson. He's not worth the money and also his age. He won't be the Bobcats' franchise player or even a suitable 2nd or 3rd option with the (more) money he was asking for. It was the right thing imo.
shadowgrin wrote:Bad Porno > Jackson
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