UPDATED: NBA/Union met for 5+ hours Wednesday; agree to meet again Thursday
NOTE: The link has been updated to reflect Wednesday's news
Once again, the two sides wouldn't say anything about what they had discussed, but the fact that they are committed to meeting again bodes well!
Today's best quote:
"Hunter, who long held a pessimistic view of the negotiations, said he thought clearly "there's more than enough time" for a deal to be reached that would allow this season's schedule to remain intact."
9 months ago
Corvid
22 comments
4 recs |
Comments
Also
If you’re tired of reading the gloom & doom scenarios, here’s a Chris Sheridan article that is more optimistic, NBA Lockout Update: Sides are closer than they’re saying.
by Corvid on Sep 6, 2011 10:56 AM PDT reply actions 2 recs
excellent "Sides are Closer" article
I rec’d it and I think you should almost make it the main part of this fanshot, or start another fanshot to get all the interesting tidbits out.
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.
Maturity is a bitter disappointment for which no remedy exists, unless laughter can be said to remedy anything.
by thankyouforblaze on Sep 6, 2011 11:25 AM PDT up reply actions
I wrote a reply to this Chris Sheridan article
by Storyteller on Sep 6, 2011 5:46 PM PDT up reply actions 1 recs
dang Storyteller, you just brought my optimism down a couple notches
and I had actually posted that graph in a fanshot last week because i thought it was pretty interesting.
Maturity is a bitter disappointment for which no remedy exists, unless laughter can be said to remedy anything.
by thankyouforblaze on Sep 6, 2011 6:15 PM PDT up reply actions
Sorry about that....
I just can’t buy into the mindset that ‘if they’re close in the short term, they’re close in the long term"
Example – The Redskins offer Randy Moss a 1 year deal for $2 million. Moss’ agent counter offers with a 3 year deal that will pay him $2 million then $10 million then $11 million. Are they close to a deal simply because “both agree that he’d make $2 million in 2011”?
And, yeah, that chart really brings the differences to life visually, doesn’t it?
^^^ Hey everyone -- read this ^^^
I agree Sheridan’s article was too optimistic — I’ve been waiting for other points of view. He seems to think that there’s too much risk for the owners if part of the season is cancelled. Me, I don’t think the owners are all that concerned with missing a bunch of games.
I'm glad to see that Chris Sheridan is no longer working at ESPN.
While Sheridan wasn’t my least favorite of the bunch, he’s still pretty bad.
Now, if only ESPN would clear out some more of its dead weight by firing Chris Broussard and Ric Bucher.
"I Am Mine"
Broussard isn't awful
just annoying
Maturity is a bitter disappointment for which no remedy exists, unless laughter can be said to remedy anything.
by thankyouforblaze on Sep 7, 2011 10:25 AM PDT up reply actions
Sounds like the two sides will meet again tomorrow
after a 5-1/2 hour session today. Maybe Sheridan is right after all!
Honestly, I’d love to be wrong about being skeptical….
Hard to say if they've moved on the big stuff, though it feels like there's been progress
I’m very glad to see a small group continuing to talk. As Henry Abbott noted a few weeks ago, it’s tough for a group of people to be creative when there’s deadline pressure. If this deal is going to get done without warfare, it’s going to take some creative thinking. Perhaps exploring side topics (like the draft) can lead to new approaches to the bigger problems.
Interesting side note: This time around, the group included a MacArthur “genius grant” winner (economist Kevin Murphy).
They also said they're discussing a Friday meeting
Corvid, you should consider updating the fanshot and resetting the date, since there’s new info.
And again, a story for those who like optimism (or mystery)
Did Roger Mason think he was sending a direct message? Did he really get hacked?
They should be meeting EVERY day until a new CBA is hammered out
Porter, Drexler, Kersey, Williams, Duckworth. The greatest starting 5 ever.
Aschburner says no new proposals have been made by either side
Meanwhile, there is no indication that the two sides have closed any gaps in their respective stances. It also seemed clear neither side came to Wednesday’s session with any new formal proposals.
The owners still are seeking a “reset” of player compensation to address what they consider — based on 22 of their 30 franchises losing a combined $300 million last season — to be a broken system. The most recent shared details from their side call for the players’ share of basketball-related income to be scaled back from $2.17 billion to $2 billion in the first season of a new CBA, with limited participation in BRI growth while the owners move toward a 50/50 split (the most recent deal was 57/43 favoring the players).
The owners also want a hard salary cap to prevent some large-market teams from spending two or three times what clubs in smaller markets dedicate to payroll, contending this will improve competitive balance.































