I still say it takes 52-48 for the players to get it done. Can't wait to hear if the owners will get anything out of this like amnesty, Bird rights, contract length and guarantees etc
Source: Weekend Could Produce 51-49 Split The NBA and NBPA, according to sources, could land on a split of 51 percent of BRI to players-49 percent to owners this weekend, down from the 57 percent that players received under the last collective-bargaining agreement. In Tuesday’s negotiating session, the league floated an idea for a compromise with a 50-50 split of BRI. Via Sporting News Read more: http://basketball.realgm.com/wiretap/215887/Source_Weekend_Could_Produce_51_49_Split#ixzz1ZwddSoIx
Not to be a downer But Silver said yesterday that the split is just one of many differences between the two parties. They're not close on other issues as well(he didn't specify).
Broussard......... Agents have gone dark, not talking about today's conference call. Mum's the word from them tonight.
'Super Seven' Agents Ready To Help Union Oct 06, 2011 11:24 AM EDT Sources say Arn Tellum, Bill Duffy, Dan Fegan, Jeff Schwartz, Leon Rose, Henry Thomas and Mark Bartelstein, the agents who issued a "warning letter" to their clients, held a conference call on Wednesday. A source said the tone of Wednesday's call was far less militant and anti-union than previous discussions. According to sources, the agents are focused on how they can best help union chief Billy Hunter get a fair deal for the players. This group of agents had been strong advocates of decertification of the union, but they believe the time to do so has passed. Via Chris Broussard/ESPN Read more: http://basketball.realgm.com/wiretap/215893/Super_Seven_Agents_Ready_To_Help_Union#ixzz1a1RLe0PF
My boy EWT just sent me this........ By Chris Sheridan NEW YORK — “It demonstrates the potential for more movement on our part.” Those words came out of the mouth of NBA deputy commissioner Adam Silver on Tuesday after the owners offered the players a 50-50 split of revenues. So although some are writing that the players will never get an offer like that again, I’ll take the word of Silver over the word of a fellow blogissist. There is a fair chance there will be contact between the league office and the players association today, if not for a brief sitdown (the Jewish holiday of Yom Kippur begins at sundown, shortening the workday), then to set the table for a final round of negotiations to bring an end to the lockout before Monday — the date commissioner David Stern has set as the deadline to save the scheduled Nov. 1 start of the regular season. To properly appreciate how eager Stern is to get a deal done, consider this: When he knocked on the door where the players were caucusing Tuesday and upped his offer from 47 percent to 50 percent, he moved further in the space of one minute than he had over the course of the entire summer. I still maintain that if Stern had made the 50-50 offer before the sides separated to caucus, the deal would have been done by now. Moving from 46 to 47 percent, as he did, was a slap in the face to the players (especially with a hothead like Kevin Garnett in the room) and left them predisposed to react angrily toward whatever words were the next to come out of Stern’s mouth. It was a tactical error on the commissioner’s part. SheridanHoops.com has learned that the players’ most recent offer requested a 52.4 percent share of revenues in the first year of a six-year deal, rising gradually to 54 percent by Year 6 and averaging out at 53 percent. So the sides are not 2 or 3 percentage points apart, they are 2.4 percentage points apart — at least in terms of Year One, or to use Ken Berger’s math, they are $80 million apart in a business that took in $4.2 billion in revnues last year. That is a bridgeable gap – especially when taking Silver’s aforementioned quote into account. So I’ll say it again: The deal will get done, and no regular season games will be lost. That has been my prediction all along, and I ain’t budging. I’ll leave the budging to the guys in the negotiating room. Sent from my iPhone using Tapatalk..... Cause I'm a balla'!
SI.com's view of things........ Revenue split will determine NBA’s fate 2011 LOCKOUT, COLLECTIVE BARGAINING AGREEMENT | COMMENTS If the players' union and league don't reach a new collective bargaining agreement by Monday, the NBA will cancel the first two weeks of the regular season. (AP) Something big is going happen within the next few days. The NBA and players’ union are either going to shake hands on the general parameters of a new collective bargaining agreement, or the league on Monday will cancel the first two weeks of the regular season, a step that would cost the players about $165 million in salary and the league hundreds of millions in revenue. We are already at the point where starting the season on time (Nov. 1) and playing a full 82 games will be tricky, since the league could need as much as a month to finalize the agreement, conduct free agency and get teams ready to play. It might be possible for the league to squeeze it all into three weeks, or to somehow delay the start of the season a week or two and still fit in all 82 games. The latter scenario would require either compressing the schedule a bit or pushing back the start of the playoffs and making up time by reducing lay-offs between games — or some combination of all of those things. Changing the schedule like that is tricky, considering NBA arenas have other things booked for nights when the home team is off or away. But while the Monday deadline seems hard, there are ways to avoid the cancellation of games if the sides are close enough to that magic handshake by then. The question, of course, is: Will they be close enough? The encouraging part is that the lone remaining sticking point is money — how to split up the nearly $4 billion in basketball-related income the NBA brings in every year, a pie that will grow as the NBA’s popularity grows. This is not to say the two sides have agreed on the precise elements of the salary cap, the luxury tax and all the complicated rules that govern how and when players become free agents, get traded and move around the league. The horse-trading on that stuff continues, and the pendulum swings in concert with the revenue split. But sources close to the talks have stressed over the last few days that the discussions on those system issues have been friendly and fruitful, leaving those in the know optimistic that when the revenue split is settled, everything else could fall into place quickly. As for the split, we left off Tuesday with the league having informally floated either a straight 50-50 split or a similar system in which players would be guaranteed 49 percent of all basketball-related income, with the possibility of getting up to 51 percent, depending on a few variables. The players countered with an informal offer that would guarantee them 51 percent of basketball-related income, with the possibility of grabbing up to 53 percent. Again: These are informal offers the sides brought up in small side discussions. In formal terms, the players have stuck to 53 percent, while the owners have put on the table a proposal that would give the players 47 percent. The formal gap is huge; the informal one is small. Each percentage point the players lose represents about $40 million shifting from their wallets to the owners’ wallets every season — and that number will grow as revenues jump. If you take the most optimistic view of those informal offers, the two sides are really only two percentage points apart, which amounts to $80 million a year initially and as much as $900 million or so over the course of a 10-year deal. But one source close to the talks said the two sides aren’t quite viewing things that way yet. Even though the dueling informal offers both include that 51 percent figure, making it an obvious magic number, one source said that the two sides are now looking more at the extreme ends of their respective offers — 49 percent and 53 percent. That amounts to a $160 million gap in the first year, something like $1.6 billion over 10 years and about $1.1 billion over seven years. That’s a lot of money, and it feels like a lot to players, since they were guaranteed a whopping 57 percent of basketball-related income in the last CBA — a deal that was viewed at the time as a massive win for the owners, by the way. The players have been at least 53 percent for the last 28 years, and they have spent the last two years watching the league try to cut their share first below 40 percent, and then even on Tuesday as the cancellation deadline approached, all the way to 46 and then finally 47 percent. You can understand why they were not in the mood to jump at a 50-50 offer on Tuesday, a stance union president Derek Fisher and executive director Billy Hunter reiterated emphatically Wednesday in a letter to players. That 50-50 split may be the best deal the players can get, at least in a timely fashion, and SI.com’s Sam Amick is right that the rank-and-file — some of whom appear just fine with a 50-50 deal — deserve Hunter’s ear now. The phrase “timely fashion” there is key. As Larry Coon and Tim Donahue pointed out on Thursday, if the players decide to sit out games in order to get a better deal, they will have lost more in aggregate salary — about $800 million — by mid-December than the total salary gap over six years between a settlement that involves a 50-50 split and an on-time start to this season, and one that involves a 53 percent split in the players’ favor and a 2011-12 season that starts sometime past that mid-December point. In other words, the players might have leverage now, given that lots of owners are happy with the state of the things and would like the season to start on time. But that leverage is fleeting and fluid, and if the two sides can hit that 51 percent mark this weekend, we could get a positive announcement late Sunday or early Monday. Going down to 51 percent or 50 percent would anger a lot of powerful agents, seven of whom wrote a letter on Monday urging the players to stay firm at 52 percent and push for more. The agents got a lot of flak for that, but they are just protecting the interests of the players and doing their best to make sure their clients understand exactly what is happening here. The only disingenuous thing about that letter was the agents’ attempt to paint the 52 percent split as having the same impact as a hard-team-by-team salary cap. The players’ union is dead set against the latter, arguing it would mean the end of guaranteed contracts and solid mid-level salaries, since teams will stress cap flexibility above all else. They’re probably right, and they have stood fast on the principle that player salaries should rise and fall — but mostly rise — with the league’s overall revenues via a percentage share system. Cutting that share to 52 percent is a blow, but it is not the same thing as instituting a hard cap, and for the agents to paint the two as congruent represents a scare tactic amid an otherwise fair letter. In any case, we’ve yet to hear from a single player who has declared he will follow the wishes of agent when it comes time to vote. We have no evidence that the agents are powerful enough to derail a deal. And a deal is there to be had. It will be difficult, but it is there, because after two years, we’re down to the money.
KBergCBS....... Players, league can't agree on Monday meeting The National Basketball Players Association requested a meeting with league negotiators for Monday before the first two weeks of the regular season are canceled and could not agree with NBA officials on the parameters, a union source told CBSSports.com. NBA officials did not immediately respond to a request for comment on the information released by the union, which is now planning regional meetings Saturday in Miami and Monday in Los Angeles. According to the union source, the league would agree to a meeting Monday -- the deadline set by commissioner David Stern for canceling the first two weeks of regular season games -- only if the players agreed beforehand to accept the NBA's offer of a 50-50 revenue split. The union declined, the source said.
NBA owners have preconditioned any resumption of talks on union accepting 50-50 split. Union refusing.
WojYahooNBA......... Union source says: "This just confirms what we suspected all along: The NBA was never serious about negotiating until guys missed checks."
RicBucher........ RicBucher: An 11th-hour meeting between David Stern and Billy Hunter won't happen, according to a source. Details coming on you-know-where.
They're nothing [both sides!] without the fans and we're the ones getting the shaft here. Fuck you Carmelo Anthony! (I feel better when I place blame on a player I loath )
So if the season is shorted to 50 games (Jan - mid April) do the players get less of their salary because of a shorted season based upon their original contracts?
SpearsNBAYahoo.......... Union crew sans Hunter to meet players in MIA Sat while he's off to LA to meet w/players on Mon after NBA refuses meeting w/o 50-50 BRIsplit
WojYahooNBA.......... 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.
It's getting a little confusing. Owners [spearheaded by OKC, PHX, IND] wanted a hard cap to prevent another Miami fiasco and now that's off the table (players won that argument?) the union now refuses to take a 50/50 split? Fuck that.
