magicbalala245 Posted September 28, 2011 Report Share Posted September 28, 2011 (edited) For the first time in two years of labor talks, NBA owners made a modest push from their rigid stance on implementing a hard salary cap, league sources told Yahoo! Sports. The owners proposed at Tuesday’s negotiating session an idea similar to the current system that allows teams to pay a luxury tax for going over the cap. Only, now there would be ultra-punitive measures against higher-spending teams. The current system has teams pay a dollar-for-dollar tax for exceeding the cap. The owners’ proposal on Tuesday “would still have the affects of a hard cap,” one source with knowledge of the talks said. The owners didn’t budge on a desire to change the basketball-related income percentage (BRI) to a split that takes the players from 57 percent to the mid 40s, sources said. The players had offered to drop from a 57-43 split to 54-46 at a meeting last week in New York. Edited September 28, 2011 by magicbalala245 Quote Link to comment Share on other sites More sharing options...
Check my Stats Posted September 28, 2011 Report Share Posted September 28, 2011 Progress is progress I guess. Quote Link to comment Share on other sites More sharing options...
AboveLegit Posted September 28, 2011 Report Share Posted September 28, 2011 Well at least it's something in terms of progress... But as Woj noted, the proposal is only a slight upgrade that's unlikely to move the union. It also has nothing to do with BRI, which happens to be the most pressing issue with the lockout. Quote Link to comment Share on other sites More sharing options...
ChosenOne Posted September 28, 2011 Report Share Posted September 28, 2011 Mid 40s and 54 might not seem like a big split but in fact that is a big split. I like the fact that progress is being made but both sides are still ways away. Quote Link to comment Share on other sites More sharing options...
AboveLegit Posted September 29, 2011 Report Share Posted September 29, 2011 "Let's get the two committees in and see if they can either have a season or not have a season. That's what's at risk this weekend." - David Sternhttp://espn.go.com/blog/truehoop/post/_/id/32128/david-sterns-scary-talk Quote Link to comment Share on other sites More sharing options...
Nitro Posted September 29, 2011 Report Share Posted September 29, 2011 It really isn't much progress as I see it. Basically, from what I understand, it's this.... Players take about 53% of the BRI and have no hard cap Players take about 50% of the BRI and have a hard cap Quote Link to comment Share on other sites More sharing options...
magicbalala245 Posted September 29, 2011 Author Report Share Posted September 29, 2011 David stern threatens to cancel the season if no progress is made this weekend breaking news via espn marc stein Quote Link to comment Share on other sites More sharing options...
Check my Stats Posted September 29, 2011 Report Share Posted September 29, 2011 Talk is cheap David. Quote Link to comment Share on other sites More sharing options...
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