Dash Posted November 23, 2011 Report Share Posted November 23, 2011 Possibly the last effort to save the season: Representatives for NBA owners and players have resumed settlement talks in a last-ditch effort to prevent the cancellation of the league’s Christmas games, league sources told Yahoo! Sports. The negotiations started Tuesday and were expected to continue Wednesday, sources said. “We should know more by later [Wednesday] evening,” one league source said. Negotiations between the two sides broke off on Nov. 14 after the union decided to disband. Players Association president Derek Fisher(notes) is involved in the current talks, a source said. Lawyers representing the players initially filed two antitrust suits against the league that have since been consolidated into one in Minneapolis. Players Association executive director Billy Hunter told reporters on Tuesday he thought a magistrate could be appointed in the case to begin settlement talks early next week. http://sports.yahoo.com/nba/news;_ylt=AnsK5LrG5FJhWswgvkVWEhO8vLYF?slug=aw-wojnarowski_nba_lockout_talks_resume_112311 Quote Link to comment Share on other sites More sharing options...
JYD Posted November 23, 2011 Report Share Posted November 23, 2011 So, quick question (probably a stupid one)... If the season is completely canceled and no games are played, do the players lose a year on their contract when a new CBA is signed for next season? Or what happens? So like if CP3 is going to be a F.A. in summer of 2012, is he still? Or does he still have a year left on his contract? Quote Link to comment Share on other sites More sharing options...
Newman Posted November 24, 2011 Report Share Posted November 24, 2011 Q: If there is no 2011-12 season, will players' contracts just have another year tacked onto the end?A: No, that year would be lost. There would be a flood of new players into free agency next summer, on top of the Class of 2011 currently on hold. Source for many lockout questions Quote Link to comment Share on other sites More sharing options...
?QuestionMark? Posted November 24, 2011 Report Share Posted November 24, 2011 The economic climate is much different now than it was then. That's not hard to see. Yes, we're in a recession. The NBA isn't. They're one of the few industries that has seen an increase in revenue. The players aren't "giving back" anything. Everything they've gotten they get to keep. Record revenue means nothing when the losses keep piling up to the tune of nearly two billion over the course of the last 6 years, and that's because the last CBA was horrendous for the owners. So now it's time to make it up. And there won't be any basketball until the owners get their way, simple as that. These players talk about how they want this to be a partnership, yet they just take the guaranteed profits, while the owners take all the risk. You say this was a bad deal because of these huge losses. Salaries are fixed and tied to revenue, so where did these losses suddenly come from? After the 99 CBA ended, the owners weren't claiming these catastrophic losses, but now they suddenly appear whent he NBA is selling more than ever? How is that? You believe the owners are losing 2 billion, I don't. That's fine. But assuming that they did lose $2B, the players by taking 50% in BRI from 57, are allowing the owners to keep 3 billion to cover any future potential losses. They can't make up those past losses, they're sunk costs. To expect to recover those by squeezing the players is trying to have the players cover the owners' mess. The real problem isn't that the owners aren't making profits -- you can cook the books (legally) to make profits look like losses -- but that the owners aren't making enough profit. Just like you said the players want guaranteed profits, so do the owners. That's what this is about. The owners want to be able to make a profit simply for owning a team. Nevermind the product they put on the floor; the mere fact that they own a team makes the owners feel entitled to a profit. As for the players just taking guaranteed profits, contracts don't HAVE to be guaranteed. Owners can offer partial or non guaranteed deals, you can have incentive driven contracts, or you can add a team option. Owners just have no self control and often outbid themselves. When an owners thinks Rashard Lewis is worth getting 19 mil per year, that their problem, and shouldn't be the union's. If they don't want a bunch of overpaid players, then simply don't overpay for players. Bill Walton once said about Donald Sterling, "At least he's never overpaid for a stiff". Quote Link to comment Share on other sites More sharing options...
Dash Posted November 24, 2011 Report Share Posted November 24, 2011 Officials from the NBA will meet again with players on Friday after two days of talks, according to sources. The two sides are attempting to end the lockout and do so in a way to resume play on Christmas Day. The two sides discussed a possible settlement of the players' recent antitrust lawsuits, which would eventually become an agreement on a new collective bargaining agreement. Because of pending litigation, these are no longer collective bargaining talks. The NBPA decided to disband on November 14th, breaking off talks. Derek Fisher didn't participate in talks, but could be a part of Friday's meeting. “They felt they needed Derek there to continue,” one high-ranking league official told Yahoo! Sports. Jeffrey Kessler, who was widely considered polarizing, has been removed from talks. Several ownership sources were enthusiastic about not having Kessler participating. As one ownership source said recently, “Remember, the NFL got its deal done when [Kessler] finally was out of the room.” When asked if the two sides had made much progress on a settlement to the lockout, the source said, “Not yet, no.” Read more: http://basketball.realgm.com/wiretap/216723/After_Two_Days_Of_Talks_Sides_Break_Until_Friday#ixzz1eeW8LXOa Quote Link to comment Share on other sites More sharing options...
Dash Posted November 25, 2011 Report Share Posted November 25, 2011 Meeting to save the season has started and this time Derek Fisher is taking part. ChrisMannixSI Chris MannixThankfully (for a possible NBA season) it seems Stern's threat of a reset offer (47%, hard cap) was an empty one. So it seems like they're starting from where they left off at their last meeting, 50-50 and the system issues. Quote Link to comment Share on other sites More sharing options...
Dash Posted November 25, 2011 Report Share Posted November 25, 2011 According to a source in contact with ownership, there has been "positive movement" from the owners in recent days "to get a deal done." The calendar, more than the threat of the players' antitrust lawsuit, is the main force driving the owners to find a compromise. The NBA wants to kick off the regular season schedule no later than Christmas Day. But the NBA is not expected to move in the players' favor on all of the thorniest system issues that still separate the parties. Ken Berger writes that "it is possible that the split of revenues could inch upward above 50 percent for the players" to help seal the deal. Read more: http://basketball.realgm.com/wiretap/216746/Positive_Movement_From_Owners_To_Get_A_Deal_Done#ixzz1ekz0PNnB Quote Link to comment Share on other sites More sharing options...
ChosenOne Posted November 26, 2011 Report Share Posted November 26, 2011 http://2.bp.blogspot.com/_JFgeAzqTovI/TNmfB5J8dKI/AAAAAAAAAlM/uJNtOqHDZIc/s1600/meeting-monkeys.jpg Quote Link to comment Share on other sites More sharing options...
Dash Posted November 26, 2011 Report Share Posted November 26, 2011 Meeting just hit the 9th hour. WojYahooNBA Adrian WojnarowskiAs for progress in today's NBA talks, high-ranking league source says: "They literally just started talking about the actual deal points." Quote Link to comment Share on other sites More sharing options...
Dash Posted November 26, 2011 Report Share Posted November 26, 2011 (edited) KBergCBS Ken BergerStern was holding what appeared to be some kind of brochure and waved to the writers but said nothing. I wish I had an explanation for this.3 minutes ago Ken BergerKBergCBS Ken BergerIn another bizarre lockout moment, David Stern himself just walked past stakeout reporters and strode into office building. Alone. Yeah uh....no idea what to make of this. KBergCBS Ken BergerAstute observer @TrueHoop reports that the paper Stern was holding in his hand was his temporary security ID for admittance to building. Edited November 26, 2011 by Dash Quote Link to comment Share on other sites More sharing options...
Dash Posted November 26, 2011 Report Share Posted November 26, 2011 KBergCBS Ken BergerAs talks hit 12 hrs, must say I didn't envision another marathon and didn't think same people would be in room. Both concern me. KBergCBS Ken BergerMy interpretation of same people in meeting instead of lawyers is that groundwork was built in backchannel talks earlier this week. Quote Link to comment Share on other sites More sharing options...
Dash Posted November 26, 2011 Report Share Posted November 26, 2011 *sigh* ChrisMannixSI Chris MannixAs the night drags on and reports of the BRI split (again) being an issue, the optimism is quickly draining. Quote Link to comment Share on other sites More sharing options...
Dash Posted November 26, 2011 Report Share Posted November 26, 2011 KBergCBS Ken BergerThus, they've spent months trying to fit square system peg into round BRI hole. It's never going to fit. KBergCBS Ken BergerEasiest way to get owners relief without touching majority of players was always to reduce max contracts. Was never an option for players.4 minutes ago Ken BergerKBergCBS Ken BergerPlayers had agreed to 50-50 split. But if max stays same (up for some), rookie/min stays same, no rollbacks, how do they get to 50? Quote Link to comment Share on other sites More sharing options...
Dash Posted November 26, 2011 Report Share Posted November 26, 2011 ChrisMannixSI Chris Mannix My sense is they are upstairs trying to make enough progress to justify coming back tomorrow. Otherwise, kaboom. Quote Link to comment Share on other sites More sharing options...
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