Play Fantasy Use your Fantasy skills to win Cash Prizes. Join or start a league today. Play Now
Blog Entry

Talks break down over BRI, games to be canceled

Posted on: October 28, 2011 4:35 pm
Edited on: October 28, 2011 6:03 pm
 
Posted by Royce Young

The NBA's big Friday negotiations have ended and we're almost back right where we started: Basketball Related Income.

According to Ken Berger of CBSSports.com, the two sides split after failing to come to an agreement on BRI. Neither side will move. The players sit at 52.5, the owners at 50. However, Billy Hunter said the league actually dropped their offer to 47 percent.

"[Stern] snookered me. ... He made a move. He went to 47."

The league has yet to cancel more games since the first two weeks were axed, but according to multiple reports, David Stern will cancel more games Friday that extend to Nov. 30.

Sigh.

After all that positive momentum that was built Wednesday and Thursday, it's that nagging issue of how to split revenue that is hanging up each side. Pretty ridiculous, especially when you consider that each percentage point is worth about $40-50 million per year. Meaning, the two sides are hung over something like $80 or 90 million.

Via CNBC, a missed month costs players about $400 million. Going from 52 percent to 51 on 7-year deal costs them about $280 million. Stupidity reigns supreme.

I get the feeling as Billy Hunter said last week, this is more if a principle thing than dollars and cents type of thing.

Derek Fisher addressed the media following the talks and said simply, "We have ended talks for today and for now. There wasn't enough to close this deal ... Today wasn't the day to try and close this out."

There was also some talk that it wasn't solely BRI that broke talks down. There are a few system issues to be worked on as well. Fisher said that the union doesn't want to lose taxpaying teams as options for players with exceptions. The luxury tax was reportedly the system issue still dangling heading into today's talks.

Billy Hunter: "We did what [Stern] said [he] needed and it was like their eyes got bigger. They just wanted more and more."

All's not lost though. There was a good reason for the optimism and just because the two sides are having trouble finding a common ground on BRI doesn't mean that the season's in jeopardy. The feeling all along has been that the two sides are walking on thin ice and once wrong step could cause a breakthrough in the wrong direction. But crossing the system gap is a big on. The assumption there was that the BRI issue would fall into place a bit more once the system was handled, but that doesn't seem to be happening.

Talks are done for Friday, and there haven't been any more meetings scheduled.
Category: NBA
Comments

Since: Oct 28, 2011
Posted on: November 14, 2011 6:16 pm
 

Talks break down over BRI, games to be canceled

bye bye NBA


soodfoot
Since: Oct 29, 2011
Posted on: October 29, 2011 1:43 pm
This comment has been removed.

Post Deleted by Administrator




Since: Aug 7, 2009
Posted on: October 29, 2011 3:49 am
 

Talks break down over BRI, games to be canceled

http://youtu.be/BcZhTLyVtYU



Since: Aug 7, 2009
Posted on: October 29, 2011 3:47 am
 

Talks break down over BRI, games to be canceled

What about the FANS?  http://youtu.be/k2SyNSQq_xk



Since: Dec 5, 2006
Posted on: October 29, 2011 12:31 am
 

Talks break down over BRI, games to be canceled

, a missed month costs players about $400 million. Going from 52 percent to 51 on 7-year deal costs them about $280 million. Stupidity reigns supreme.
Understand that 51% was never going to be offered by the league (and will not be if you listen to them.) The league offered to move from 47% to 50% when the players were at 53%. The players responded by lowering to 52.5%. That is not meeting in the middle. The 50% offer was always subject to the same move by the players. Above 50% the league continues to lose money. Even at 50% the league must cost non-player labor costs and other costs by more than $100M to breakeven.

The players tried to snooker the league by dropping 0.5% to the league's raise of 3.0%. These owners are businessmen. They have earned a fortune by being shrewd and careful businessmen. When you treat them this way the next and future offers will be 47% and decreasing for every month there is no basketball. There are over 450 players and only a small percentage have enough money to go for a year without pay. The forces within the union may demand that this charade is ended by January but if not - goodbye season. Stupidity does indeed reign supreme.



Since: Aug 19, 2006
Posted on: October 28, 2011 10:25 pm
 

Talks break down over BRI, games to be canceled

Stern's WAR! 



Since: Jul 24, 2011
Posted on: October 28, 2011 8:29 pm
 

Talks break down over BRI, games to be canceled

I know I'm living a pipe dream and my hopes will go completely unfulfilled, but I have to make the attempt anyway.  From the bottom of my heart I implore all sports fans to take heed and band together to show these greedy bastards that the billions of dollars they are fighting over is our money.  W're paying for the tickets and jerseys and hats and parking and concessions and most importantly, we pay for the damn stadiums.  Now they're gonna jerk us around and not even play.  It's not just basketball.  Football, baseball and hockey are just the same.  So all sports fans need to come together and boycott the NBA.  Ha!  Never gonna happen.  I'm an idiot for even suggesting it.  Especially since the D-bags and posers in New York and L.A. will be certain to attend the games.  But the rest of us should avoid at least the first half of the season.  If and when they actually start playing this year.  Hell, I'd be extatic if we would just boycott every teams first game.  They finally figure out how they're going to stuff their pockets full of our money and they show up to empty stadiums.  That would be beautiful. 



Since: Jul 31, 2008
Posted on: October 28, 2011 6:49 pm
 

Talks break down over BRI, games to be canceled

Talks break down over BRI, games to be canceled

This is great news! Cancel the whole season.  Signed...your friends in Seattle!


LMAO!!
I second that!  Cancel the whole season - we Sonic Fans don't care!  Thanks, Stern! Keep dragging your 'legacy' through the mud! 



Since: Aug 21, 2006
Posted on: October 28, 2011 6:49 pm
 

Talks break down over BRI, games to be canceled

Both partys are to blame I hope the National Basket Ball League just goes away. Greed is the driving factor Owners and players alike are just plain greedy. I still Remember Latrell Sprewell saying he couldnt feed his family for 10 mil. a year. Does this remind you of any players you know?



Since: Jun 5, 2011
Posted on: October 28, 2011 6:46 pm
 

Good

The players and agents need a reality check.  If it takes cancelling a season to do it, great.  I'm tired of players and agents pricing the average person out of being able to go to games.  I know it's all supply and demand, but it would do the players and agents good if the demand suddenly decreased.  It would be even better if the owners hired replacement players.


The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com