Brace Yourselves for the C.B.A War
Old 08-05-2009, 04:12 PM   #1 (permalink)
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All summer long - hell, all of last season too - we’ve heard about the grim financial outlook for the NBA’s team owners, its players, and various stakeholders. And now, it’s time to get down to business for these parties, as they prepare to faceoff in the ultimate battle, in an effort to (hopefully) avoid yet another devastating work stoppage.

With league-wider revenues in the tank, the talks between owners and the players have begun early and in earnest, as they work to hammer out some kind of compromise, and a new Collective Bargaining Agreement. In other words, prepare for things to get ugly.

David Aldridge writing for NBA.com has the most comprehensive breakdown (you should really make time to read the entire thing):

The owners, according to several sources, are looking for a rollback on the revenue guarantees to players. Currently, players are guaranteed 57 percent of all Basketball Related Income — just about any money that comes from an NBA team, including ticket sales from all games (including exhibition and playoff games), broadcast rights to games, concessions and parking sales, merchandise, team sponsorships and beverage sale rights. In addition, players get 40 percent of the take from the sale of luxury suites and arena signage, and up to 50 percent of arena naming rights.

Owners want to reduce the players’ split from 57 percent of BRI to somewhere around 50 — and more than a few owners want a split in their favor. Either idea, union sources have told me over the past couple of months, is DOA.

There’s also talk of implementing a “hard” salary cap, and possibly higher luxury taxes. Overall, it’s clear that there’s quite a large philosophical (and financial) gap between the players and owners. No surprise there.

It’s a good thing both sides have begun talks this early, but make no mistake — the battle will be long and ugly.
SLAM ONLINE | Brace Yourselves for the C.B.A War

Do I smell lockout?
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Old 08-05-2009, 08:08 PM   #2 (permalink)
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damm a lockout would suck....i really hope it doesn't have to get to that...
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Old 08-05-2009, 08:36 PM   #3 (permalink)
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i'm not worried about it.
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Old 08-05-2009, 08:47 PM   #4 (permalink)
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The battle will be long and ugly? That seems like slight hyperbole at this point. I'm just glad that they are getting started now.
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Old 08-06-2009, 03:37 PM   #5 (permalink)
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I heard the CBA talks were going well.

NBA, union open collective bargaining talks - The Globe and Mail

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The NBA and its players’ association have held their first collective bargaining talks, meeting for 3 1/2 hours without exchanging any proposals.

The sides shared financial information and called the session Tuesday “cordial and productive.” They added they looked forward to sitting down again before the start of the season.

The current collective bargaining agreement runs through the 2011 season — the league has an option to extend it a year — but owners and players decided on an early start to discussions with many teams struggling because of the economic crisis.

No deal is expected anytime soon. NBA commissioner David Stern has said the central issue will be the split in revenues, with the players currently collecting 57 per cent.
---

Who is SLAM Magazine to report on financial information by the way? Lol. I wonder if they'll have an opinion on oil futures tomorrow.

When they start using juvenile words like 'philosophical' to describe economic interests, you know they don't know what the ***k they are talking about.

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Old 08-06-2009, 04:12 PM   #6 (permalink)
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This has been coming since the recession began. Half the league owners would take less of a hit to just shut down their teams than to keep rolling. Because of this the players don't have a leg to stand on and if they push like the NHL players did they will fail just as badly. The NBA is hurting and its because the economy is not recovering. NBA players' market value is not at their current price point, not even close. There may be in fact worse times ahead in the American economy and that means all those owners are going to rally together an shut the doors if the players can't feel the winds of change.
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Old 08-06-2009, 04:41 PM   #7 (permalink)
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heh, i posted about this last year!

im so surprised its news..... all the guys here that rip the NHL from back when they went out..... hehehe..... it's always all about business, and ALL pro leagues are the same.
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Old 08-06-2009, 04:45 PM   #8 (permalink)
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But SJ, the NHL is in bad shape because of the year long lockout. It's not even a secret anymore.

I'd argue NASCAR is in the worst shape, simple due to the fact they rely on sponsors the most while the NFL, probably isn't even phased by it.
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Old 08-06-2009, 04:48 PM   #9 (permalink)
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Hopefully they get rid of the 5-6 year contract. JO getting paid 23 million because he was good 5 years ago is ridiculous. Think about if that was applied to other jobs. Does Lindsey Lohan still get an A list price because she was big in 2004? The moral idea is that you should be paid relatively at your level. Now a comprimise has to be made, so I think 3 or 4 at max deals work.
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Old 08-06-2009, 05:16 PM   #10 (permalink)
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Originally Posted by Claudius View Post
But SJ, the NHL is in bad shape because of the year long lockout. It's not even a secret anymore.

I'd argue NASCAR is in the worst shape, simple due to the fact they rely on sponsors the most while the NFL, probably isn't even phased by it.
You might want to re-check that one, the NHL has actually bounced back, albeit after a real hit, yoiu're right.

This is exactly why I get annoyed at some of our threads, the looking lock out is MASSIVE when looking at how teams are dealing with contracts and free agency. Toronto is one of about 10-12 safe and sound franchises.
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Old 08-06-2009, 11:37 PM   #11 (permalink)
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Originally Posted by Claudius View Post
But SJ, the NHL is in bad shape because of the year long lockout. It's not even a secret anymore.

I'd argue NASCAR is in the worst shape, simple due to the fact they rely on sponsors the most while the NFL, probably isn't even phased by it.
No, the league was in bad shape before the lockout. If there wasn't a lockout the league would be in worse shape now.
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