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Blog Entry

Details emerging about new NBA agreement

Posted on: November 26, 2011 10:14 am
Edited on: November 26, 2011 10:41 am
 
Posted by Royce Young



There's a new deal on the table. Finally. Question is, what's it look like?

Because it's not a new Collective Bargaining Agreement yet and actually a "settlement," nobody's really leaking out all that much. There are a few things that have wiggled out though.

Here's what we know so far:
  • According to reports, the players will be getting their 49 to 51 percent Basketball Related Income "band," but in this proposal, they have a much more realistic shot at reaching the 51 percent.
  • According to NBA.com, the full mid-level exception will be five years for up to $5 million. Non-taxpaying teams above the salary cap will be able to use it. Previously, owners were pushing for alternating three and four-year maximums on the MLE.
  • According to NBA.com, there apparently will be a “mini” mid-level exception for taxpaying teams for $2.5 million, restricting the amount they can offer to free agents.
  • According to NBA.com, a 10 percent maximum escrow tax will be withheld without the unlimited “true up” amount requested by the owners in the last offer.
  • According to Sheridan Hoops, the entire rookie salary scale and veteran minimum salaries will stay the same as they were last season. Owners had been seeking 12 percent cuts previously.
  • According to Sheridan Hoops, qualifying offers to restricted free agents will become “significantly” improved. Already the sides had agreed the allotted time for a team to match an offer from seven days to three.
  • According to Sheridan Hoops, "the prohibition on luxury tax-paying teams from executing sign-and-trade deals was loosened, although the freedom to execute those types of deals will still be limited."
  • Interesting nugget: According to multiple reports, both sides will have the option to opt out of the 10-year deal after six years.
  • As previously known, the deal includes the amnesty clause, which will allow teams to cut one player and not have his salary count against their cap number.
Category: NBA
Comments

Since: Nov 27, 2011
Posted on: November 27, 2011 12:58 pm
 

Details emerging about new NBA agreement

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Since: Aug 11, 2008
Posted on: November 27, 2011 1:04 am
 

Details emerging about new NBA agreement

Same old STUPID league!



Since: Dec 10, 2006
Posted on: November 26, 2011 10:20 pm
 

Details emerging about new NBA agreement

So long Gilbert




Since: Jan 7, 2007
Posted on: November 26, 2011 5:28 pm
 

Details emerging about new NBA agreement

i will be holding my fantasy draft xmas morning right after my wife makes me breakfast around 8



Since: Jan 4, 2007
Posted on: November 26, 2011 3:51 pm
 

Details emerging about new NBA agreement

As previously known, the deal includes the amnesty clause, which will allow teams to cut one player and not have his salary count against their cap number.

Have the Magic cut Gilbert Arenas yet? 



Since: Mar 18, 2009
Posted on: November 26, 2011 3:38 pm
 

Details emerging about new NBA agreement

Borbes, generally with these deals the player already has to be on the roster not one you trade for.



Since: Jan 8, 2007
Posted on: November 26, 2011 2:44 pm
 

Details emerging about new NBA agreement

The owners should have only gone after a 2% decrease, but demanded a hard cap like the one in the NFL.  This agreement fixes very little - sure the owners get to keep more money, but it doesn't protect them from themselves - it just empowers them to use that extra money to continue making poor decisions.  Watch, in 6 years the owners will opt out claiming they are still losing boatloads of money.....and we'll be in this situation all over again.  I sure hope there is at least revenue sharing included in the new deal or this will be a colossal failure on the owners' part.



Since: Nov 18, 2006
Posted on: November 26, 2011 1:34 pm
 

Details emerging about new NBA agreement

As previously known, the deal includes the amnesty clause, which will allow teams to cut one player and not have his salary count against their cap number.
Is it me or does this just seem gamebreaking to anyone else? A team under the cap but a good market (say Detroit) could trade for an albatross contract with a team facing the tax (say, Gilbert Arenas from Orlando), cut him, then have a nearly complete roster yet still be 20+ million under the cap. They just made it even easier to do what Miami did. At least with Miami all 3 guys had to take huge pay cuts. Now they won't have to.



Since: Sep 10, 2007
Posted on: November 26, 2011 12:56 pm
 

Details emerging about new NBA agreement

What about revenue sharing?  Did the big market teams win amd not have to share with the small market teams?  can I look forward to talent still being signed by the Lakers because the small market teams can't afford to keep their free agents?



Since: Nov 7, 2008
Posted on: November 26, 2011 12:36 pm
 

Details emerging about new NBA agreement

Get rid of the stupid age minimum.  If the kid can't read but can play ball, don't force him to go to college.  If he couldn't play ball, no one would stop him from working at McDonalds, so why can't he play in the NBA?

And I like the amnesty clause that they seem to work into every negotiation.  Should be interesting to see who gets cut to fix the stupidity of the owners and their GM's.  


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