Blog Entry

Report: NBA owners already made their best offer?

Posted on: October 6, 2011 5:58 pm
Edited on: October 6, 2011 6:09 pm
Posted by Ben Gollivernba-lockout

The NBA and the National Basketball Players Association are facing a Monday deadline for reaching a deal on a new collective bargaining agreement if an 82-game schedule is to be saved. Significant progress towards a deal has been made and there's hope for a last-second compromise, although talks broke down on Tuesday with both sides deciding they couldn't concede anything more.

Yahoo Sports reports that the league's owners may now be more willing to dig in rather than provide larger givebacks in the next round of talks.
The NBA owners never wanted to go north of 48.5 percent for the players’ share of the basketball-related income (BRI), league sources say, and commissioner David Stern had lean support when he pushed the most recent offer to 50 percent. There hasn’t been one source in ownership, in management, who believes the players will get that offer again – at least no time soon. Now, the union has boxed itself in with declarations it won’t go that far to get a deal with the owners, so there’s a real chance these two sides are hunkered down again.

Truth be told, the commissioner probably pushed his owners as far they’re willing to go now – to really try to end this lockout – and it didn’t happen.
On the flipside, an NBPA executive penned a letter on Wednesday stating that the players needed to dig in and remain united as well.

That both sides would dig back in after a failed compromise is standard negotiating procedure. Looking at the owners' position, though, it has long been reported that they would make a "take it or leave it" type of proposal to avoid a work stoppage and then retreat to a harder position, allowing the financial reality of lost paychecks to increase their leverage.

As noted earlier Thursday, the players stand to lose $80 million in wages for every week that is cancelled, so they have good reason to continue to progress towards a deal in the short term. The owners will also lose a similar amount of money with each series of cancelled games, however if they can make more than that amount of money back in a more favorable BRI split negotiated after one or two rounds of lost player paychecks, it arguably makes more financial sense for them to wait this out.

Thursday afternoon, Ken Berger of reported that no formal meetings between the two sides have been scheduled yet prior to Monday's deadline and that the next round of concessions wouldn't come until Sunday at the earliest. That doesn't leave much time to make up a serious gap and the prospects for a deal look even dimmer if the owners aren't prepared to improve their offer right now, as reported.
Category: NBA

Since: Mar 30, 2010
Posted on: October 9, 2011 1:14 am

Cancel season now please

Just make the announcement so that the arenas can book 41 new acts that will provide better entertainment for the dollar. I'm saving my allowance for tix to the next booking of cats n dogs on ice.

Since: Aug 28, 2006
Posted on: October 8, 2011 8:23 am

Report: NBA owners already made their best offer?

Now that is silly!


Since: Sep 20, 2006
Posted on: October 7, 2011 6:24 pm

Report: NBA owners already made their best offer?

Owners can't pay players at a rate that loses $100 million a year. They shouldn't lhave to ose any money, and they shouldn't be expected to break even- they're running a business. They should be honest- open camps and give players a week to report.  Invite tryouts. Publish a new agreement with a salary plan and a hard cap and defined rules about non performance of contracts and issue lengthy unpaid suspensions or outright bans of players who don't meet their obligations or good behavior clauses. The Union will reject it, and everyone can quit stalling the real fix.

Go forward without players that refuse...let them play elsewhere if they's a free country, unless you're playing in China, or in jail in Turkey.  There will be plenty of players that WILL report, and there will be players that will be stars after LeBron and Kobe quicker than there will be owners and endorsements willing to better their previous situation. 

NBA fans will still be NBA fans. They might even draw more NCAA fans to the NBA without so many lazy, elitist slumdog millionaires smelling up the league.

I think the average Joe understands employers making money, but I don't think they understand NBA players saying the millions a year they are being offered isn't enough. These players think the fans follow them, instead of the teams...and they are bigger than the NBA...Personally, I don't think so. I think in a short period of time, the NBA would be better off without the current group of selfish, greedy and unappreciative mega stars.    

Since: May 17, 2008
Posted on: October 7, 2011 12:35 pm

Report: NBA owners already made their best offer?

Isn't it ridiculous that the owners are expecting the players to take 48,5 after taking 57 in the last CBA? That's like 15-20% (relatively) less. IN ONE CBA NEGOTIATION!!! NONE of us would sign off on that. 
Sometimes I think that I would rather see no season at all than see those owners win. They are expecting the perfect business where money is guaranteed. where the hell do you see that outside the NBA?
Except that the owners have already said they'd go to 50% (giving the players 50% of the revenue, without having to pay any of the expenses the owners pay) and the players down to something like 53%.....assuming reports are accurate and the difference is $120million per year, the players only have to go without checks for 1.5 weeks before they have lost that much in pay.  Assuming a 6 year deal and a total difference in the offers of $796million, the players will have lost that much in 10 weeks--sometime in January.  The owners are losing money too, but most were losing money before, and many would actually lose less by not playing.  The players have little or no leverage right now.  I don't think the owners are expecting to have their profit guaranteed, but under the current system they are guaranteed (or nearly so) to LOSE money.  Nobody is going to continue to run a business where they are guaranteed to lose money, makes no sense.  What the owners have done is put out an offer where the $300million/year in losses are covered---assuming revenue and other expenses stay where they are now.  If revenue increases, the ownwers profit, assuming revenue increase exceeds expense increase (and so do the players as their 50% goes up too).

Since: Sep 20, 2010
Posted on: October 7, 2011 12:28 pm

NBA lockout owners vs players

Yes an NBA franchise is a fun expensive thing but in a down economy when your fun thing is requiring lots of extra money to keep up ownersstart looking for ways to save money. This sounds like a messy divorce where at some point the couple will reconcile and be all kissy again or maybe the guy with all the money (owners) will go for a younger gal (replacements) and the older gal will start to wonder where her support will come from in the near future. It was reported that a certain NJ player hasn't been just running by all those Euro guys. The star players will get a lot of money but the player who is only going to play for like 3 more years, it isn't going to help him to miss 10% of those last 3 years and have 10% less of the Big Money.

I remember when during a previous work stoppage somebody with the little paycheck wanted to go play and the richer guys say don't do it we'll LEND you some money but he says I don't have to repay the money if I go to work. The stars have millions at stake while the regular player has much less at stake and probably needs the money.

Who'll flinch first? Owners shouldn't have given away the boat years ago and this would be easier. Players probably forgot to thank God for all those huge paychecks and be glad they lasted so long.

I hope that the owners win so games won't go up in price much and maybe, maybe go down. Is this a hockey ending, NFL ending or NBA from a few years ago ending. I'm thinking NBA history repeats itself as much of history seems to.     &n

Since: May 17, 2008
Posted on: October 7, 2011 12:27 pm

Report: NBA owners already made their best offer?

This is a mess. Why not just use replacement players until this is cleared up?

Because this is a "lockout" and not a "strike".  Under federal labor law, if the union had gone on strike then the owners would be free to hire replacement players.  However, the owners are not allowed to refuse to let the union members work and then also replace them with new players---it is illegal under federal labor law.  Since the owners are the ones who decided on the work stoppage they are stuck with it until a new CBA is reached.

Since: Sep 20, 2010
Posted on: October 7, 2011 12:12 pm

NBA lockout owners vs players

Since: Oct 7, 2011
Posted on: October 7, 2011 7:50 am

Report: NBA owners already made their best offer?

A flat level of BRI is set and the players will never get less than whatever that level is. If the teame ob average pay out less than the agreeped upon BRI then at the end of the season the players get a cheque (this is what happened this year) to make up the difference.

Thw star players and agents are pushing they're agenda here. They should take this offer and move on. It will only go downhill from here.

Since: Apr 7, 2008
Posted on: October 7, 2011 6:34 am

Report: NBA owners already made their best offer?

"As with the NFL, the deal will go down to the last minute."

Sigma, I sure hope you are right.

Since: Dec 10, 2006
Posted on: October 7, 2011 1:24 am

Report: NBA owners already made their best offer?

We should all get out and support the bars and restaurants near the stadiums. It is the average person losing big here: moms and dads who can't support their families. Ushers and concession folks all being put through h#ll because of greedy players and billionaire owners. All this in the middle of one of the worst economic downturns on record.

The protests on Wall Street and Bay Street should spread to include the homes of these greedy individuals who are putting their extra millions ahead of the economies of our nations.

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