NBA Lockout and Collective Bargaining Agreement Discussion
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Re: NBA Lockout and Collective Bargaining Agreement Discussion
are coaches and GM's still getting paid? is ESPN/ABC & TNT getting money back for missed games?
If the Hardliners are so small why dont the other owners just step up and say screw them get the deal done. or is the Hardliners about 50% of the owners.Comment
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Re: NBA Lockout and Collective Bargaining Agreement Discussion
They've put good enough deals out on the table for the players already, there is nothing else to do but accept and sign, regardless if they thought it was the best one or not... there is no way it gets any better missing games
Like someone said to Czar... the players can Thank Kessler and Hunter for helping them miss their first paycheck, which one do you think would be their vote for commissioner?Comment
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Re: NBA Lockout and Collective Bargaining Agreement Discussion
The hardliners are not small. They are 10-12 deep. There also is a majority of owners who want a new system and are willing to miss a year to get it.Comment
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Re: NBA Lockout and Collective Bargaining Agreement Discussion
I thought coaches were getting paid?Comment
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If they ran this the owners deal would drastically different.
Sent from my mobile device."It may well be that we spectators, who are not divinely gifted as athletes, are the only ones able to truly see, articulate and animate the experience of the gift we are denied. And that those who receive and act out the gift of athletic genius must, perforce, be blind and dumb about it -- and not because blindness and dumbness are the price of the gift, but because they are its essence." - David Foster Wallace
"You'll not find more penny-wise/pound-foolish behavior than in Major League Baseball." - Rob NeyerComment
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Re: NBA Lockout and Collective Bargaining Agreement Discussion
From Forbes:
The NBA Players Association rejected a 50-50 split in revenue offered by commissioner David Stern yesterday as the cornerstone of a new collective bargaining agreement. Ratifying a new CBA (highlights of current agreement are below) requires the approval of 16 of the league’s 30 owners.
During the 2009-10 season 17 teams had negative operating income (earnings before interest, taxes, depreciation and amortization), meaning they bled cash. Five of these teams (Indiana Pacers, Charlotte Bobcats, Denver Nuggets, Orlando Magic, New Jersey Nets) will lose less money by not playing games this season under the current CBA than they would if the season were played. There is no reason for these owners to agree to a salary cap that will give the players more than 50% of the league’s revenue.
This means of the 25 remaining teams only 10 have to join the five teams above to keep the owners unified behind Stern. And many of those teams, like the Miami Heat and Atlanta Hawks, would be borderline profitable. There simply would not be enough profitable teams above the 50% split to make the owners cave.
Forbes, which chronicles what the rich do with their money, thinks that a lost season could benefit the Nets financial picture, that they're one of five NBA teams that will lose less money this year than they would have if the team played games. The financial picture was laid out a few days back by Mike Ozanian.
According to Forest City Enterprises, Bruce Ratner's parent company, the bulk of the team's $35+ million in losses will have to be eaten by the Cleveland firm. Under the 2009 deal between Ratner and Mikhail Prokhorov, the Russian agreed to handle up to 80% of the Nets losses in New Jersey with a ceiling of $60 million. That ceiling was reached in June and FCE is now responsible for much of the team's losses, just as it was before Prokhorov bought in.
And Prudential Center isn't going to miss the Nets much either. Bob Sommer, who runs the Rock, says the venue will be able to fill its dates whether the Nets play this season or not. “We won’t be financially disabled, perhaps we’ll even be better off," said Sommer. It appears the only people who will be hurt will be those dependent on the games for revenue, from restaurant and bar owners outside the arena to people like ball boys and scorekeepers inside.#RespectTheCultureComment
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Re: NBA Lockout and Collective Bargaining Agreement Discussion
Blake isn't going to get paid 15 mil a year for pre-health and exercise science and Marcus Williams can only steal so many laptops before he gets caught. Not that he'd be invited anyway.Comment
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