Blog Entry

Report: NBA, NBPA to resume negotiations Saturday

Posted on: November 3, 2011 11:51 am
By Matt Moore

From the Boston Herald, they're headed back to the table once more: 

After breaking off talks last Friday, the NBA and players’ union are expected to resume face to face negotiations this Saturday in New York, according to involved sources.

We’re still awaiting confirmation from the league office, but sources say the plan is pretty much set.

The sides have been working within their own groups for the most part in these last days, setting their positions and deciding whether they will move from their most recent offers — and, if so, by how much.
via - Blogs: Celtics Insider» Blog Archive » League, players to resume talks Saturday.

It will have been one week and a day since labor talks last broke down on Friday. There was speculation the two sides would meeet this week but apparently they couldn't stand the sight of each other after the long talks that went into the wee hours of the morning last week yielded no deal.

The two sides are said to be "95 percent" done according to the New York Times but are bitterly divided over the remaining items on the agenda, the largest of which is the split of Basketball-Related Income. The owners have refused to accept less than 50 percent after getting only 43 percent in the previous agreement, while union officials have held firm at 52 percent (after saying they were holding firm at 53 percent... you see where this is going). The union has been rocked by allegations and indications from its members that there is a growing interest in finding a deal at 50 percent, while some members remain decisively behind holding the line at 52. 

It's difficult to see how these talks will generate anything positive, but talking is better than not talking, in most cases.

Saturday will be day 128 of the NBA Lockout.  

Since: Feb 15, 2008
Posted on: November 4, 2011 1:56 pm

Report: NBA, NBPA to resume negotiations Saturday

i work for a company that pays me around $18-$20 per hour. we do contracting work for the government. My company charges the government about $95 per hour for my services. if my company gave me a much bigger portion of their profits, lets say they paid me $45-$50 of that $95, they would not be making very much profit at all.
It baffles me how people compare their normal everyday jobs to this situation. However, I'm sure if your company's clients  used your company specifically because of you, not only would you be compensated, but it would be in their best intrest to do so. But most likely,as in most cases of normal hourly wage jobs, your are merely an instrument used to deliver your company's services and product. In the NBA the players ARE the product. They are the reason for every dollar that the NBA brings in. Unfotunately for the owners, when your product are people who are a limited few on the planet who can do what they do, at the level in which they are able to do it, which entertains millions of people, you need to properly compensate. A more accurate comparison would be the movie industry. Some of these actors make $15-20 million a movie. Why? Because the studio knows if they cast a certain actor, people will flock to the theater to see it. Are they doctors, teachers, fire fighters? No. But unfortunately we live in a country where entertainers and athletes generate the amount of money that they do......therefore, they need to be compensated and deservedly so.

 And enough with the "owners take all the risk" nonsense. Sure they do financially, but I don't think they are going to blow out their knees sitting in their skybox only to have possible carreer ending surgery. The players take all of the physical risk, and their bodies will only hold up for so long, so I don't blame them for trying to get every dollar that they're worth. The owners will always be billionaires well into their twilight no matter what deal is struck. The same can't be said for basketball players who are washed in most cases before they even reach 40 years old.

Since: Dec 5, 2006
Posted on: November 3, 2011 11:35 pm

Report: NBA, NBPA to resume negotiations Saturday

To address some incorrect thoughts in the comments today - the players' union has acknowledged that they have received audited financial statements from the owners covering the league as a whole and for each of the 30 teams. These audited financial statements contain a certification from a major CPA firm that the statements fairly present the financial condition of the team/league included and the results of operations for the inclusive periods. This is the exact same statements attached to Security & Exchange Commission filed statements and to audited statements filed with stock exchange companies. The FASB is an independent organization that establishes accounting standards that organizations must follow to be audited. The $300M per year losses are not being challenged by the union. Instead the union is stating that their own accounting standards supersede the nation-wide accounting standards and have arbitrarily selected certain expenses as non-existent. In effect the union claims to be more knowledgeable than all CPAs.
Howard Beck: Key Hunter quote re revenue split: "I don’t think there should ever be a circumstance where owners make the same or more than the players." Twitter
This quote tells you what is wrong with the players' position. The players, out of their share, pay zero dollars of the expenses of the league. The owners pay rent, taxes, utilities, facilities maintenance, salaries of non-players (coaches, scouts, trainers, doctors, sales, administration, etc.) transportation, hotel costs, meal per diem, and interest on working capital. The owners also have all the risk and have had to infuse money into their teams each of the last six years. Hunter is not stupid or delusional. He is lying to deceive the public. He will continue to try to convince you that the poor players cannot feed their families and are entitled to more money than the $4.2M per year per player average offered, so that the owners once again lose money. A business that continues to lose money will be shut down. To preserve the survival of the league the owners have to get their financial house in order. That is the excessive payment to players. It has nothing to do with bad contracts (on a league-wide basis) because the CBA demands the same amount total be paid out to the players. This is partly why the owners are not going to budge. The phone calls and pressure are being exerted on the union leadership and on the players by the powerful agents who also believe they are entitled to more money. It could get ugly but it won't get to 52%. The way I see it.

Since: Nov 3, 2011
Posted on: November 3, 2011 8:54 pm

Report: NBA, NBPA to resume negotiations Saturday

This is not about money. The owners will continue to overpay athletes, hire inadequate staff, increase ticket prices to make a profit. They are never accountable and will continue to use the comodity of players to achieve their objective. The bottom line is owners need the players to make it happen so as a player you have to stay firm.

Since: Nov 3, 2011
Posted on: November 3, 2011 8:45 pm

Report: NBA, NBPA to resume negotiations Saturday

This is not about smart vs dumb. It is the 80/20 rule where the owners in the big market controls the best interest of the league against the players who are undoubtely the minority. No difference on Wall Street. Money and power have ruled society for so long that the american ways are corrupted to who is smart versus dumb in defining right and wrong. Give me a break smart guy!

Since: Dec 4, 2007
Posted on: November 3, 2011 7:18 pm

Report: NBA, NBPA to resume negotiations Saturday

I heard it on ESPN radio back in the summer JACKASS.  U don't know me so don't call me a racist.  First of all my 3 core friends are black, Columbian, and Cuban.  And last I checked there are whites and europeans in the NBA as well as blacks MORON.  So kiss my butt loser.   

Since: Aug 8, 2011
Posted on: November 3, 2011 6:57 pm

Report: NBA, NBPA to resume negotiations Saturday

The NFL met almost every day when it seemed like a deal with imminent. Why are they taking off a week and a day to meet again is insane.  Either you want to get the deal done or you don't. Time, games, peoples livelihoods are impacted each day wasted. hurry up already.

Since: Nov 24, 2006
Posted on: November 3, 2011 5:57 pm

Report: NBA, NBPA to resume negotiations Saturday

rabidcrackmonkey - let me turn your "logic" around on you. Name me one entity on this Earth that guarantees profits regardless of management performance. Here's a hint: there isn't one.
Major league baseball....there is one.

Since: Nov 24, 2006
Posted on: November 3, 2011 5:54 pm

Report: NBA, NBPA to resume negotiations Saturday

The owners had their books available to be looked at and the players association didn't do it within the timeframe set according to the rules.  So at this point it's to late.  The players blew that opportunity.  What a shock.  This is why they will never win negotiations with owners.  Owners = intelligence, players = uneducated. 

Totally false...that never happened.   Just another racist homo spewing out his/her arse.

Since: Aug 25, 2011
Posted on: November 3, 2011 5:40 pm

Report: NBA, NBPA to resume negotiations Saturday

Where in the world did you hear that? Absolutely, positively, not true!

Since: Apr 12, 2008
Posted on: November 3, 2011 5:22 pm

Report: NBA, NBPA to resume negotiations Saturday

Just Go Away!

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