Owners Send Proposal Of Hard Cap To Players(NBA)
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Topdawg13New MemberOPLooks as though we'll have another sport in labor turmoil, can't see the players agreeing to these stipulations.
The proposal was sent to the union earlier this week and seeks a reduction in the players' share of basketball-related income from 57 percent to well below 50 percent, according to a report.
Owners also are seeking some aspects of a hard cap -- a departure from the current luxury-tax system -- and a reduction in the length and amount of max contracts.
According to Ken Berger of CBS Sports, the two sides will meet during All-Star weekend for their first face-to-face bargaining session as they try to reach an agreement before the current deal expires in 2011.
All that is necessary for the triumph of evil is for good men to do nothing.
--Edmund Burke
SamphinNew MemberAnd the tailwhip effect of the economy hits the NBA. I read an article about this about a year ago that the NHL and NBA were gonna get hit hard by this. Teams ticket sales were slightly up last year...but attendance was way down, just like baseball. Kiosks for food and merchandise were close which means normal revenue streams at games were garnering less, and thus, the owners were going to find a way to streamline their costs going out.
This could get very ugly. But I kind of see the owner's point. A 1 to 1 luxury tax is ridiculous and penalizing both sides of the equation. The elite teams get raped of their revenue and the craptacular teams that have owners too afraid to spend any real money put out a terrible product.
A hard cap with a hard floor would be best for everyone I think. Plus...it would make trades way less complicated and you would probably see less "bit" players thrown in.
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