Tag:Adam Silver
Posted on: June 21, 2011 4:47 pm
Edited on: June 21, 2011 5:29 pm
 

Video: Stern and Silver address reporters

Posted by Royce Young

The owners and players association had a pretty substantial meeting in New York earlier today in which the owners submitted a new proposal that will be reviewed by the players with word on that coming Friday.

The tone out of the meetings is encouraging, with Ken Berger reporting that there has been movement from the league from a de facto $45 million hard cap to a "flex cap," as David Stern called it, of around $62 million.

Stern and deputy commissioner Adam Silver addressed reporters after the meeting to answer questions and talk about the newest negotiations and any progress made.



I'm sure there's still a lot of ground to be covered before June 30 and a lot will hinge on how the players respond to this proposal, but considering the mood and tone from last week, it feels like there's been movement. Both sides seem to be edging toward the middle a bit.

But there will need to be a few big steps before a deal is actually done. I'm sure the path to an agreement is still bumpy and long. However, I think there's a little cause for optimism.

Via Salt Lake Tribune

Posted on: June 17, 2011 7:05 pm
Edited on: June 17, 2011 7:13 pm
 

NBA officially cancels Las Vegas Summer League

The NBA has officially cancelled the 2011 Las Vegas Summer League. Posted by Ben Golliver. adam-silver

The clock is ticking on the NBA's labor negotiations, and the word is on Friday that the league has run out of time for one major annual event.

CBSSports.com's Ken Berger reports from New York City that NBA Deputy Commissioner Adam Silver confirmed that the league has axed plans to hold the 2011 Las Vegas Summer League.

"We also told the union at the conclusion of today’s session that we would be canceling the Las Vegas Summer League this weekend and we made clear to the union it was purely a function of the calendar and drop-dead dates with hotels and the arena," Silver said. "No intent to send signals of any kind to the players, but it was an unfortunate consequence that, at this late date, we still do not have a deal beginning July 1."

The league's annual Summer League pits draft picks, second-year players, D-League players and unsigned free agents in a round-robin style format that typically brings the league's basketball executives and national media together in the desert.

Summer League has grown in popularity in recent years, and games are regularly televised on NBA TV. The event serves as both a first-chance look at lottery prospects for fans and as an excellent swap meet for executives looking to fill out their rosters.

This decision was widely anticipated and had been rumored for months. The league's Collective Bargaining Agreement is set to expire July 1, and Las Vegas Summer League typically runs through the second and third weeks of July. With games set to start less than a month from now and no major progress to report in the CBA negotiations, there's not much point for the NBA to continue delaying the inevitable cancellation announcement.
Posted on: April 15, 2011 1:45 pm
Edited on: April 15, 2011 3:52 pm
 

NBA: 22 teams in the red, $300 million loss

Commissioner David Stern, Deputy Commissioner Adam Silver comment on league's finances and CBA negotiations, as an owner tells Ken Berger of CBSSports.com that some progress was made at NBA Board of Governors meeting. 
Posted by Matt Moore

During the press conference following the NBA Board of Governor's meeting, NBA Commissioner David Stern and Deputy Commissioner Adam Silver commented on the ongoing CBA process. Stern said they expected $300 million in losses this season, which is a rise in revenue from last year's $340 million loss, but still "nothing to be proud of" Silver said. That's still, you know, $340 million in losses. Silver told reporters in response to a question from our own Ken Berger that most of the loss came from non-gate revenue, as gate receipt numbers were actually up this season. 

Most striking was Silver's comment that 22 of the 30 NBA teams posted a loss this year, with only eight making a profit. I'll let you figure out which teams are those eight.  (Hint: Look at the big cities on the map.)

An owner told Ken Berger of CBSSports.com that there was "progress" on revenue sharing and their stance towards the NBPA, but of course, no plan in place. "It's early" as the old chestnut goes. Stern also made mention of the progress on revenue sharing and revealed that the owners would, in the next few weeks, finally send the players' association a counter proposal, which they have not done since late 2010. The owners refused to respond to the NBPA's last proposal with one of their own until now, though discussions have been held regarding the players' proposal in meetings. Silver commented that the league felt there are "other ways to reach the same goal" in regards to the counter-proposal. 

The lockout situation looks better today than it did yesterday, the Kings' staying in Sacramento looks better, and the Pistons sale will be approved in the next few months. Maybe doomsday isn't around the corner after all. 
Posted on: December 13, 2010 11:15 am
Edited on: August 14, 2011 9:33 pm
 

David Stern tops NBA's most influential of 2010

The Sports Business Journal has released its 2010 top 50 most influential list and here's a look at the NBA people who made the list. Posted by Ben Golliverdavid-stern  

Every year, the Sports Business Journal ranks the top 50 most influential people in sports business, a somewhat subjective but fun to debate list of the powerbrokers that govern the games we enjoy watching, listening to and talking about. The list is usually a who's who of commissioners and television network executives, but team owners, agents and apparel company executives can also find their way onto the list. The NBA is well represented on the 2010 list, with commissioner David Stern leading the way, as expected. "As the dean of professional sports commissioners, David Stern continues to pull all the right strings as the NBA enjoys a renaissance not seen since the Jordan era," Sports Business Journal writes. "This year, though, puts Stern under the spotlight as he pushes for huge changes in a new labor deal with the players that could lead to a lockout. But few, if any, can handle the glare as well as Stern." The three central figures that have controlled the public discussion of NBA labor relations for the last year -- Stern, deputy commissioner Adam Silver and executive director of the NBA Players Association Billy Hunter -- all make the list. Stern checks in at No. 3, the second highest ranking for a league commissioner, trailing only the National Football League's Roger Goodell, who sits in the list's overall top spot. Silver ranks No. 27 on the list, with Hunter not far behind at No. 30. The only NBA owner to show up is something of a surprise.  New Washington Wizards owner Ted Leonsis, who also owns the National Hockey League's Washington Capitals, is listed at No. 37. Sports Business Journal writes that Leonsis was included because he "became one of an exclusive group that owns two major professional sports teams and an arena in a top-10 market." Other high-profile NBA owners -- including billionaires Mark Cuban, Paul Allen, James Dolan and Mikhail Prokhorov -- were not included. The NBA's television partners are also well represented. ESPN/ABC President George Bodenheimer placed at No. 2 and Turner's President of Sales and Sports David Levy checked in at No. 13. The two apparel companies most closely associated with the NBA, Nike, who supplies a majority of the players with sneakers, and official partner adidas, both placed executives on the list. Charlie Denson, President of Nike Brand, and Mark Parker, CEO of Nike Inc. shared spot No. 14. Herbert Hainer, Chairman & CEO of adidas, ranked No. 23. President & CEO of AEG Tim Leiwieke, a powerbroker across multiple sports and an important voice in bringing the 2011 NBA All Star Game to Los Angeles, ranks No. 12. Multiple agents with ties to the NBA and other sports also make the list, including Casey Wasserman, Chairman & CEO of Wasserman Media Group, at No. 24, and the Co-Heads of CAA Howard Nuchow and Michael Levine, who rank No. 36. Given CAA's influence over player movement and executive placement in the NBA over the last 12 months, Nuchow and Levine may have the best case for being underrated.
 
 
 
 
The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com