THE NBA CBA WATCH (LOCKOUT IS OVER / OWNERS WIN)

[The Voice]

Re: THE NBA CBA WATCH

Well knowing the history of Watch threads with this forum, this doesn't look good.

Anything to make LeBron lose money baby!

 

[Zone]

Re: THE NBA CBA WATCH

This generally would favor rich teams (or dumb teams who made a bad signing). If this got approved, would it help or hurt the Cavs? Because they're willing to spend, the Cavs seem to be willing to absorb some of those bad contracts (as long good picks/etc. come along with them). Would this briefly take away one of the few advantages they currently have? For example, the Pistons could drop someone like Richard Hamilton without giving away any assets.

Sure the Pistons could just cut Rip w/o giving up any assets ... But it would still cost them 25 million (or however much he's owed for the remainder of his contract). By giving him up along with a pick, they're essentially selling the pick for the money they owe him

Also, I'd imagine that we'd have to acquire any player we planned on cutting before July 1st unless the language in the new CBA allowed for a team to acquire the player they wanted to use their amnesty provision on. Pretty sure that the teams had to already have the player on their roster if they wanted to release them back in 2005

I Believe the amnesty allows them to keep the player but not have the contract count against them but im not familiar with the 2005 provision. If it means the guy is off the roster. The Provision will be worthless for the majority of teams.

Last time, the team was still accountable to pay the salary and it still counted against the SALARY cap ... just not against the LUXURY tax

And the player being released was not allowed to return to that team until the original contract expired

 

[Mdog1]

Re: THE NBA CBA WATCH

No, if anything it'll allow teams to cut down contracts to put them exactly below the luxury tax.

If there is a hard cap there couldn't still be a lux tax could there?

 

[ButterMPancakes]

Re: THE NBA CBA WATCH

If there is a hard cap there couldn't still be a lux tax could there?

I doubt both would be implemented.

 

[Adam]

Re: THE NBA CBA WATCH

With the contracts i like the idea of teams being able to give a player notice, if they do not perform up to a certain criteria they can give them a seasons notice, if still no improvement then they are garunteed only 50% of the money that next season. Eddy curry might of actually had a career if he had financial incentive to train.

 

[SauDogg]

Re: THE NBA CBA WATCH

Honestly, if there was a lockout then I wouldn't even care.

 

[CardiacCavs]

Re: THE NBA CBA WATCH

SBJ: NBA proposes $45 million hard salary cap
PUBLISHED 2 hours and 21 minutes ago
LAST UPDATED 2 hours and 11 minutes ago
SportsBusiness Journal Sporting News


John Lombardo, SportsBusiness Journal

The NBA’s initial proposal for a new collective-bargaining deal called for a $45 million per team hard salary cap along with non-guaranteed player contracts and significant cuts in annual salary increases.
David Stern and the NBA have reportedly sent the players an offer that includes a $45 million hard salary cap. (AP photo)

The details, spelled out in an April 26 memo issued by National Basketball Players Association Executive Director Billy Hunter, marks the league’s push for a major overhaul of the NBA’s economic model and emphasizes to players an aggressive bid to significantly slash costs and shorten contracts.

The memo was sent to all NBA players and was dated just days prior to the league delivering to the union a new labor proposal, which a source said still included the $45 million hard cap but added a phase-in of the cap over a few years. Union president Derek Fisher publicly dismissed the latest proposal as too similar to the original proposal.

The memo’s most eye-popping element is the league’s proposed $45 million hard cap, which cuts the current $58 million soft cap by nearly 25 percent.

Hunter said in the memo that the NBA projects the $45 million hard cap number with a team’s total salary not to exceed the cap for any reason. The proposed hard cap as outlined by Hunter also would eliminate the current luxury tax provision, which penalizes teams with a dollar-for-dollar tax for the amount spent on player payroll exceeding the salary cap.

The proposed hard cap is something the NBA has never had under collective bargaining, but it has become a critical element to owners. This initial proposal, and its steep cut in player cap space, demonstrates a strong commitment by the owners to dramatically curtail player payrolls while also supporting NBA Commissioner David Stern’s mantra of making the league more profitable.

The inclusion of non-guaranteed player contracts, while a negotiating point, also represents a radical shift for players who have long benefited from guaranteed deals. Taken together, Hunter felt compelled to send out the missive.

“The nature of the owners’ demands is so onerous that I feel it is imperative to reinforce the message of our recent team meetings with this letter,” Hunter wrote in the memo.

The union confirmed the letter but refused to comment.

Hunter also alerts players to the league’s effort to alter the structure of current contracts while detailing the owners’ proposal that no player contract be guaranteed for more than 50 percent for the first $8 million in salary and 25 percent for any amount above $8 million.

“A system-wide change in the nature of guaranteed contracts ... not only would harm players’ economic interests individually, but it would also significantly change the culture of the league collectively,” Hunter wrote.

The league also strikes directly at a team’s cap room to re-sign players at a maximum salary, known as the “Bird” exception, after hall of famer Larry Bird. Annual contract increases would be no greater than 3 percent for players meeting the Bird rule, down significantly from the current 10.5 percent increase, according to the memo. Owners also proposed that the Bird rule contract length be cut to four years from the current six-year length.

Non-Bird players, or free agent players signing with new teams, would see their annual increases cut to 2 percent from the current 8 percent increase, with contract lengths cut to three years from the current five-year length.

The memo also explains that players would be put into one of four categories under a hard cap system, namely, Category A: a minimum salary player; Category B: a rookie wage scale player; Category C: a maximum salary player; and Category D: a player “fighting for whatever room remains under the new hard salary cap after the three above categories are accounted for.”

The union clearly is most concerned about the last category of players seeing major salary cuts. It uses, in the memo, as an example a player placed in the “D” category with his salary to be dictated by the team’s available salary cap. The player is signed through 2013 for a total salary exceeding $9 million. The memo shows that under the initial league proposal, the player’s salary would drop to a total just over $8 million, demonstrating how teams would be forced to cut salaries to remain under the hard cap.

“Under the hard cap proposal, a team’s total salary may not exceed the proposed hard salary cap for any reason,” Hunter said in the memo. “The important part to keep in mind is that without exceptions provided in our current soft cap system, all players would have to squeeze tightly under a hard (and much lower) cap number.”

Hunter and Stern have met in the past few weeks as the June 30 deadline of the current collective-bargaining agreement approaches. But as talks intensify, Hunter used the memo to stress to the players the growing threat of a lockout and the league’s firm hope to roll back salaries.

“Only by making it a point to prepare and educate yourself about the CBA negotiations and the pending lockout will you be able to best protect your own interests and the interests of the players that will follow,” Hunter wrote to the players.

http://aol.sportingnews.com/nba/sto...oses-45-million-hard-salary-cap#ixzz1MY0XYk2Y

 

[Jon]

Re: THE NBA CBA WATCH

Does the CBA proposal allow for teams to play just 3 players? lol

'cause that's all a $45m cap would allow the Heat.

 

[Mdog1]

Re: THE NBA CBA WATCH

So basically there is a 2 year window for the Heat to win?

 

[jonmchugh]

Re: THE NBA CBA WATCH

Windy just told the RBS that Dan Gilbert is one of 5 owners on the committe for the CBA collective barganing committee. They are trying to get a hard salary cap and they have a plan that could break up the Heat in 2-3 years if it passes.

 

[Triumph36]

Re: THE NBA CBA WATCH

if they really are pushing for a $45M hard cap, the NBA is going to be gone for a very long time.

Gilbert pushing for a hard cap seems super bitter too as it would negate the edge he has in willingness to spend.

 

[tsteele316]

Re: THE NBA CBA WATCH

if they really are pushing for a $45M hard cap, the NBA is going to be gone for a very long time.

Gilbert pushing for a hard cap seems super bitter too as it would negate the edge he has in willingness to spend.

the nba will be gone for one year, then the players will realize they can't afford their lifestyles with no other income.

gilbert pushing for a hard cap isn't bitterness, it's simply smart business sense. Cleveland isn't a desired landing spot for FA's. So, having an open check-book is really not overly beneficial, especially when the new growing trend is the formation of NBA-AAU teams at the expense of the other 24+ NBA franchises.

plus, if you actually look, most NBA teams are losing money due to the massive inflating of NBA contracts. the league itself is simply going to be sustainable if it continues on its current course.

 

[ButterMPancakes]

Re: THE NBA CBA WATCH

lol, no way in hell will they get a $45mil hard cap. And to add rollbacks to that? The Euroleague might end up getting some new studs. . .

 

[chrisrich91]

Re: THE NBA CBA WATCH

Dan Gilbert leading the way to try and break up the NBA's Yankees? This bodes well for the lottery tonight... :chuckles:

 

[Triumph36]

Re: THE NBA CBA WATCH

the nba will be gone for one year, then the players will realize they can't afford their lifestyles with no other income.

gilbert pushing for a hard cap isn't bitterness, it's simply smart business sense. Cleveland isn't a desired landing spot for FA's. So, having an open check-book is really not overly beneficial, especially when the new growing trend is the formation of NBA-AAU teams at the expense of the other 24+ NBA franchises.

plus, if you actually look, most NBA teams are losing money due to the massive inflating of NBA contracts. the league itself is simply going to be sustainable if it continues on its current course.

If it gets that bad, most players will go overseas.

It is bitterness. Cleveland still won't be a desired spot for FA's with a hard cap and it won't change the signees at all. No quality players will be signing in Cleveland unless there is a legitimate young core intact but even then, a hard cap will make it difficult if the Cavs want to retain said young core.

Having an open checkbook is a huge, huge benefit if you want to contend. Not because of free agency, because there is still a soft cap no matter what; but because they essentially never have to let anyone expire. If they wanted to keep the player, they'd utilize bird-rights and re-sign him in the off-season. If they don't see him a part of the future, they'd simply trade him for a player that would help in the future. Basically, much like they've done in the past.

Evening the playing field is just not a good idea for the Cavs IMO. They still wouldn't have any free agency appeal. They would no longer have the benefit of going where many owners won't in regards to the cap. It would basically be them relinquishing their edge.