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Ken Berger gets confirmation that owners want to cut existing contracts in new CBA

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This is huge. I've been contending for awhile that the NBA owners are looking at the 2005 NHL situation as something to emulate, that they want to get lower player salaries, even if it means an extended lockout. Short term damage for long term gain. Now Ken Berger has heard from Adam Silver that this is exactly what they want to achieve: The NHL got a 24% reduction in existing player salaries, plus the one time option to buyout any existing contract for 2/3 of their remaining value, minus the 24% reduction. Minimum salaries were increased slightly (with raises every other year instead of every year) to help the lowest tier players, but the 'stars' got their salaries cut big time. Given that Stern has publicly said that he wants to see player salaries cut by $800 million, can we really believe that the owners aren't going to hold tight to at least some reduction in player salaries, including existing contracts? I continue to be very scared about losing a significant part - if not all - of the 2011-12 because of an extended lockout....

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