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Old 10-23-2011, 06:19 PM   #22 (permalink)
sticking to his guns... is stuck to his guns...

Join Date: Jul 2010
Location: Cambridge, ON
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Originally Posted by ValanciunasFanboy View Post
The initial owners' claim was that they were losing 400 mil a year not 300, i believe.
And the initial stand was a 40-60 split (60 being owners), where they recover losses + add about 8 mil per team in profits.
The number you are thinking of was a one year loss incurred in 2006-07 I believe, when the league saw its worst loss of the past CBA. It may have been a different year, but it was a low point rather than the most recent data.

And the original offer was a flat 2 billion per year, which using a 4% growth projection would equate to an average of 38% for the players, dropping almost to 30% by the final year.
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