NBA Owners Want Severe Drop Of Salaries
Old 01-27-2010, 02:27 PM   #1 (permalink)
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VIA ESPN

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The NBA owners are reportedly bracing for a lockout after the 2010-11 season.

Owners are looking to significantly lower salaries.

One executive spoke about Amare Stoudemire and that he wouldn’t even get a five-year contract worth $60 million under the next CBA.

One team owner said that it would be even worse for Stoudemire.

“The owners are really going to chop the money down,’’ the owner said. “I think Stoudemire would get $5 or $6 million [annually] in the next deal. The bottom line is that things are going to change dramatically.’’

A general manager, however, believes that the line of thinking from that owners was extreme.

“That [$5 million for Stoudemire] sounds a little bizarre, but player salaries are definitely going to take a hit,’’ the GM said. “Players that come up for contracts under the new CBA are going to find themselves getting a lot less money.’’

One GM told ESPN that the owners are looking to shorten the maximum length of a contract to four or five years. He added that they have actually discussed trying to guarantee only the first two years of a four-year deal, and that the third and fourth years would be guaranteed only if a player reached certain performance-based incentives the previous season.

“Those concepts are being discussed,’’ another GM told ESPN. “Is there a sentiment among some [owners] that they’d like to have it like football? Yeah. But I think that’s out of bounds.’’

Billy Hunter, who heads the players association, is unlikely to go willingly with these salary reductions.

“There’s going to be a lockout,’’ the owner said. “There’s not even a doubt in my mind about that. Billy’s not going to make a deal like that. Teams are already saving up money for a strike.’’
Amare will get 5mill? wtf?
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Old 01-27-2010, 02:31 PM   #2 (permalink)
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Not surprised. You notice how empty most NBA arenas are. Seems like most teams are thanking praise for a decent national contract.
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Old 01-27-2010, 02:34 PM   #3 (permalink)
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I dont know what I would do if there was a lockout
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Old 01-27-2010, 02:37 PM   #4 (permalink)
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Amare will get 10Mil.


Every year this shit is written and every year a few players get 8-10Mil and people say wow i thought the market was down.

Look at Turkoglu, Gordon, Jack and a few others last summer that were predicted to take in less money then they ended up with because of the economy and pending drop in slary cap.

Amare is certainly going to be making more $$$ then Jarrett Jack, double will be my guess.
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Old 01-27-2010, 02:37 PM   #5 (permalink)
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5 mil for amare? better get used to that bum hedo

i bet the NBA is gonna receive another bailout this season too, it will once again be labled a loan

assuming its another 200 mil plus, that will make the american taxpayer on the hook for nearly half of billion loaned to a corrupt organization with mob ties
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Old 01-27-2010, 02:43 PM   #6 (permalink)
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The NBA got a bail out?
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Old 01-27-2010, 02:45 PM   #7 (permalink)
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$200 million last year but it was from JP Morgan, not the government
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Old 01-27-2010, 02:52 PM   #8 (permalink)
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Hmmmm....didn't know that. Thanks.
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