deestillballin Posted September 6, 2011 Report Share Posted September 6, 2011 NEW YORK (AP) -- Two people with knowledge of the plans say NBA players and owners will resume talks on Wednesday. This comes a week after the sides vowed to meet more frequently in hopes of reaching a new collective bargaining agreement. The session will be just the third between top negotiators since the lockout started July 1. But with the opening of training camps less than a month away, both sides said they recognized the urgency to pick up the pace. The meeting -- expected to be a small group -- will be in New York. The site hasn't been disclosed. I hope this ends this nonsence.. http://www.nba.com/2011/news/09/06/labor-talks.ap/index.html Quote Link to comment Share on other sites More sharing options...
Sportsguy9695 Posted September 6, 2011 Report Share Posted September 6, 2011 I really hope they agree on a deal soon cause its gonna close to the beginning of the season Quote Link to comment Share on other sites More sharing options...
Owner Real Deal Posted September 6, 2011 Owner Report Share Posted September 6, 2011 Only the third meeting? The NBA is trash. Quote Link to comment Share on other sites More sharing options...
Sħãlïq™ Posted September 7, 2011 Report Share Posted September 7, 2011 Only the third meeting? The NBA is trash.My thoughts exactly. I was expecting at least 5th or 6th but 3rd?!! Quote Link to comment Share on other sites More sharing options...
GamerGuy Posted September 7, 2011 Report Share Posted September 7, 2011 Not expecting much from this meeting, sadly. There seems to be a serious lack of urgency from both sides. Quote Link to comment Share on other sites More sharing options...
Owner Real Deal Posted September 7, 2011 Owner Report Share Posted September 7, 2011 Nothing will happen. Both sides are loaded, money-wise, and they will hold out until they realize they need the money, which will be January or February...and by then, the NBA will already have the season canceled, especially if there are only 30-40 games left. The 50-game season was days from not happening, so there's no way they will proceed with less than that. This is seriously the most annoyed I've ever been with the NBA, and it's not even a guarantee that the season will be canceled. It just makes me sick to my stomach. Quote Link to comment Share on other sites More sharing options...
Nitro Posted September 7, 2011 Report Share Posted September 7, 2011 A new article by Chris Sheridan, hopefully will give people some belief that there will be something close to a full-season... NEW YORK — Here’s the dirty little secret about the NBA lockout, despite what both sides — the owners and the players — would have you believe: They are a lot closer to a settlement than most people realize. I know this because I talk regularly with a bunch of important people who tell me important things, and I am going to explain why I believe a settlement will be reached that will not only save the season, but also enable the NBA to have an “all is forgiven” honeymoon period (similar to what the NFL just experienced following its labor settlement) in which the frenzy of free agents signings, trades, training camps and exhibition games will make everyone forget all of the doomsday talk they’ve been hearing all summer. First, some background. If you only listened to union director Billy Hunter, as NBA players were doing in late August while Hunter was touring the country giving status updates to his locked-out membership, you’d think the sides are currently $8 billion apart in their stagnant negotiations. That is the party line from the union. But it is not entirely true. Yes, under the 10-year collective bargaining agreement the owners have proposed, the gap is indeed somewhere in the area of $7-8 billion range. But if you look at the six-year deal the players have proposed, which includes $500 million less in annual revenue (than what they would have received under the old deal) over the six upcoming seasons, the simple math tells a different story: Over those six years, the difference in proposed revenues that would go to the players adds up to $2.97 billion. That is still a significant amount of money, but it is nowhere near as significant as what is being put out there publicly. Moreover, if you look at years 1, 2 and 3 of the proposals, the sides are a total of $870 million apart. (The players are asking for $2.17 billion in salaries and benefits in 2011-12, $2.33 billion in ’12-13, and $2.42 billion in ’13-14. The owners are offering a flat $2 billion per year.) Or to put it another way, in a business that brought in $4.2 billion in revenues last season, the sides are only $170 million apart for next season. Does that seem like an insurmountable difference that would justify the cancellation of the season? No — especially given the fact that neither side has said it has put its “last and best” offer on the table. The gap in what each side is seeking financially in Years 4, 5 and 6 is more significant, and what the owners are asking for in Years 7, 8, 9 and 10 is not completely germane to the equation right now because the players have not indicated they would be willing to do a deal for longer than six years, and history shows the sides traditionally have negotiated six-year labor agreements. Owners and players are scheduled to reconvene Wednesday or Thursday to set in motion a series of meetings that will determine whether the lockout is settled in time to save a full 82-game season. If the owners come to the table with an offer that promises more money than the flatlined $2 billion in Years 1-7 that they have been proposing, they’ll be getting somewhere. So that’s the first thing to watch for. Another major sticking point, for now, is the owner’s desire to transition from the current soft cap system to a hard cap system in Year 3 of the new CBA, which would necessitate an unprecedented giveback, perhaps through an unlimited escrow tax, perhaps from an across-the-board salary cut for every NBA player, that the players would simply not accept. (If Hunter put that proposal forward to his membership for a vote, it would be rejected, he would be out of a job, and the sides would go back to square one.) Also, a transition to a hard team cap in Year 3 would almost certainly necessitate the breakup of LeBron James, Dwyane Wade and Chris Bosh in Miami. You think the NBA really wants that? So the Year 3 transition that the league is seeking is actually a red herring. But if there were to be a transition to a hard cap (or a harder team cap through a more punitive luxury tax system) in Year 5 or Year 6, it would allow teams a half-decade of long-term financial planning to get ready for the new harder-cap system. This is one of the areas where it seems the owners have no choice but to soften their current stance. But here is the key thing, the two most important words to keep in mind as this lockout plays itself out: Aggregate dollars. Right now, the owners have offered the players slightly more than $12 billion in total compensation over the next six seasons. The players are seeking just under $15 billion. Somewhere in between $12 and $15 billion lies the settlement number, and they’ll get there one way or another. Once that happens, it’ll take only a few days to tweak other aspects of the CBA – pensions, the anti-drug policy, the draft, the age limit, group licensing — that have barely even been touched upon in negotiating sessions thus far. It would then take approximately two weeks to put the agreement into writing, and then the business would reopen. LINK 2 Quote Link to comment Share on other sites More sharing options...
Owner Real Deal Posted September 7, 2011 Owner Report Share Posted September 7, 2011 Door opened? Hope they don't close another. Damn man, if it's that close, why the hell are they not meeting over and over again? Quote Link to comment Share on other sites More sharing options...
deestillballin Posted September 7, 2011 Author Report Share Posted September 7, 2011 Door opened? Hope they don't close another. Damn man, if it's that close, why the hell are they not meeting over and over again? From what I read on twitter from Alex Kennedy (Ill find the tweet later) they are meeting again Thursday and friday. Quote Link to comment Share on other sites More sharing options...
Dash Posted September 8, 2011 Report Share Posted September 8, 2011 (edited) The NBA and players' union held a five-hour bargaining session in New York on Wednesday. The two sides have agreed to meet again on Thursday and possibly on Friday. "I think there is" time to get a deal, union chief Billy Hunter said. Derek Fisher said negotiations have evolved to a point where compromise is close, though both he and Hunter said that it wouldn't happen "until deal is done." David Stern, Adam Silver and Dan Rube were present for the meeting representing the owners. Read more: http://basketball.realgm.com/wiretap/215494/Owners_Players_Hold_Five_Hour_Bargaining_Session#ixzz1XN2oIdzt And... So a few hours ago, Player Union VP Roger Mason Jr. cause a bit of a storm on twitter when immediately following the players' meeting with the league, he tweeted this: http://cdn2.sbnation.com/imported_assets/802189/Mase_medium.png Of course as has become custom with inadvertent tweets, Mason claimed that he was hacked and that he never said that. Exactly zero people believe him. It was a complete damage control reaction and rightfully so. The league and owners have stated that they're not going to reveal many details of their meetings. He had to delete. However, the damage was done. Whether he was silent on the subject or claimed to being hacked, it was a legitimate inside look at how things are going in negotiations. http://www.slcdunk.com/2011/9/7/2411440/roger-mason-jr-and-the-case-of-40404-not-found Edited September 8, 2011 by Dash Quote Link to comment Share on other sites More sharing options...
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