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Audit: Basketball income, compensation up in NBA

CBSSports.com wire reports
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NEW YORK -- Basketball-related income and total player compensation each increased by 4.8 percent in the NBA this past season.

The league said Friday that, with the union, it had completed the 2010-11 season audit.

Players are currently locked out after the two sides failed to agree on a new collective bargaining agreement. One of the issues is what percentage of basketball-related income players should be guaranteed.

Basketball-related income increased from $3.643 billion in 2009-10 to $3.817 billion. Total player compensation increased from $2.076 billion to $2.176 billion.

The average player salary this past season was $5.15 million. Over the six years of the expired CBA, the average salary increased by 16 percent.

Copyright 2014 by STATS LLC and The Associated Press. Any commercial use or distribution without the express written consent of STATS LLC and The Associated Press is strictly prohibited.
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