Blog Entry

Report: NBA nearing deal on mid-level exception

Posted on: October 10, 2011 4:22 pm
Edited on: October 10, 2011 4:24 pm
 
Posted by Royce Young

There's progress in the NBA's labor talks. So much so, that a deal is near. At least in terms of settling the mid-level exception, according to NBA.com.
In one small but encouraging sign in the last-minute negotiations between the NBA and the National Basketball Players Association on a new collective bargaining agreement, a source who has been briefed on the discussions between the two sides said Monday afternoon that the sides are close to an agreement on one "system" aspect that has proven troublesome -- a new, shorter mid-level exception for free agents.

Owners have sought a major reduction in the mid-level, one of the key ways that teams over the salary cap are nonetheless able to add players. Implemented in the 1999 CBA after players agreed to accept maximums on player salaries, the mid-level was designed to give non-superstar players a chance at a good payday during their careers, and it has done just that. Tied to the average salary in the NBA, last year's mid-level started at $5.8 million. With annual 8 percent raises, a five-year mid-level contract would be worth $37 million.

Any progress is good progress right now and this shorter mid-level deal is definitely a concession from players. Although, it's just one sliver of the larger pie. Settling the mid-level is good and the fact the players compromised is good as well. Still to go: Bird Rights, luxury tax, veteran minimums and other things like that. But again, it's something.

And plus, a shorter mid-level exception just makes a ton of sense. It's a sign of a changing landscape where owners are seeking for shorter deals. Right now, players can sign deals for five years. Reducing that to three or maybe even two is really a no-brainer. Those contracts typically go to veterans and keeping it in a shorter ballpark could prevent bad mid-level deals down the line. Which makes owners happy.

The mid-level exception has been a pretty key ingredient for a lot of large market contenders that want to add a quality veteran piece while sitting next to the salary cap line. Teams like the Lakers and Heat have taken full advantage of it in the past to add extra role playing pieces to an already expensive roster.

A good compromise on both ends to get that deal done. Now let's just hope that starts a chain reaction and a flurry of compromises and deals are coming soon.
Category: NBA
Comments

Since: Oct 2, 2011
Posted on: October 10, 2011 9:10 pm
 

Report: NBA nearing deal on mid-level exception

i AGREE...5 GUYS RUN UP AND DOWN THE COURT PUTTING A ROUND BALL IN A HOLE,,,AND MAKE MILLIONS..6  YEARS IN COLLEGE..80K..SOMETHINGS NOT RIGHT HERE.



Since: Sep 11, 2006
Posted on: October 10, 2011 9:06 pm
 

Report: NBA nearing deal on mid-level exception

Who cares.  The less i hear about the NBA the better.  I hope they never play again and the league crashes.  it is to expensive already and the average person cant afford to go.  until they reduce ticket prices to reasonable prices i will never watch it again.  maybe the owners and players should take less and gove it back to the fans. 

________________________--

Then stay off this board and go watch something else jerk 





Since: Apr 14, 2011
Posted on: October 10, 2011 8:38 pm
 

Report: NBA nearing deal on mid-level exception

This is great.  Now we are getting somewhere, with a compromise by the players on the mid-level exception.  We know how much of a deal breaker it was if this issue could not be agreed upon.Undecided  On this note, the next compromise would be to have two decaf carafes instead of one during the meetings.  If the owners and players would really care about the fans, they would compromise on the date to cancel the season.  My fingers are crossed that this is done soon.



Since: Nov 11, 2006
Posted on: October 10, 2011 8:06 pm
 

Report: NBA nearing deal on mid-level exception

amen brother just because they are a bunch of spoiled millionaires they act like we all are hell even when I get free tickets to food can break you...



Since: Feb 29, 2008
Posted on: October 10, 2011 7:56 pm
 

Report: NBA nearing deal on mid-level exception

Who cares.  The less i hear about the NBA the better.  I hope they never play again and the league crashes.  it is to expensive already and the average person cant afford to go.  until they reduce ticket prices to reasonable prices i will never watch it again.  maybe the owners and players should take less and gove it back to the fans. 




Since: Aug 22, 2006
Posted on: October 10, 2011 7:36 pm
 

Report: NBA nearing deal on mid-level exception

Now let's just hope that starts a chain reaction and a flurry of compromises

Hopefully not...


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