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Blazers Owner Paul Allen Joined Letter To NBA: 50/50 Not Fair For Owners

Last week, we noted a report that Portland Trail Blazers owner Paul Allen was on a conference call with a group of fellow owners and the NBA to express his displeasure with the league's proposal to the National Basketball Players Association that included a 50/50 revenue split.

Anthony Schoettle of the Indianapolis Business Journal reports that Allen was among a group of owners that drafted a recent letter to the NBA that indicated their continued displeasure with the terms of the offer.

According to sources within the NBA, the league's labor relations board received a letter from 10 owners strongly opposed to the final offer Stern put on the table offering a 50-50 split.

Owners for Indiana, Atlanta, Charlotte, Denver, Memphis, Milwaukee, Minnesota, Philadelphia, Portland and Sacramento said in the letter that they feel that a 50-50 revenue split represents a bad deal for the owners.

Allen emerged as a well-known hard-liner when he personally attended an October negotiation session with the NBPA.

-- Ben Golliver | | Twitter