Here are a few links to specific details regarding the new Collective Bargaining Agreement that was tentatively agreed to by the NBA and its players early Saturday morning. Click through to each for full details.
Ken Berger of CBSSports.com reports...
- BRI: The players will receive between 49-51 percent of basketball-related income based on the extent of revenue growth. But whereas under the owners' prior proposals, the players felt it would've been nearly impossible to achieve the 51 percent ceiling, sources said they'll have a realistic chance of hitting it by the fifth or sixth year of the deal with robust revenue growth. The players will receive 60.5 percent of incremental revenues beyond projections each season, up to 51 percent in aggregate. Previously, the owners were offering only 57 percent of marginal revenues up to a total of 51.
- Mid-level exception: For non-tax-paying teams, they're four-year deals starting at $5 million in the first two years, with the starting point increasing by 3 percent in subsequent years. Owners had been pushing for alternating 3- and 4-year deals for non-taxpayers. For tax-payers, the so-called "mini" mid-level will be for three years starting at $3 million in the first two years, with the starting point increasing 3 percent in subsequent years. This is an enhancement of the owners' previous offer of a two-year "mini" mid-level starting at $2.5 million.
- Luxury tax rates: The same dollar-for-dollar as in the previous CBA for the first two years. Starting in Year 3, the rates increase to $1.50 for the first $5 million over; $1.75 for $5-$10 million over; $2.50 for $10-$15 million over; $3.25 for $15-$25 million over; and an additional 50 cents for each additional $5 million (same as previous proposal).
- Stretch and amnesty provisions: Same as in the prior proposal.
Adrian Wojnarowski of Yahoo! Sports reports...
- Extend-and-trade contracts similar to the one Carmelo Anthony received prior to his trade from the Denver Nuggets to the New York Knicks last season will continue to be permitted.
- Teams now have three days to match offer sheets given to their own restricted free agents.
- Each team has one amnesty clause to use on a player currently under contract. The players' salary will be removed from the team's cap.
Ric Bucher of ESPN.com reports...
- A maximum salary for a "star player" -- if he reaches certain benchmarks -- can rise to 30 percent of the salary cap, rather than 25. However, with the reduction in basketball-related income for players and a 10 percent escrow, it's not clear what kind of a gain, if any, that will prove to be.
- Teams in the luxury tax four times in five years will see a one-dollar rate hike. Also, non-tax-paying teams will split 50 percent of the money paid by tax-paying teams. The other 50 percent will go to league office for use on various projects. Previously, non-tax-paying teams split 100 percent of the tax money.
Larry Coon of ESPN.com reports...
Friday's compromise included the elimination of the smaller mid-level exception for taxpayers, the restoration of sign-and-trade and extend-and-trade transactions, and the removal of the harsher tax penalties for teams that are taxpayers four times in a five-year span.
"It's not the system we sought out to get in terms of a harder cap," Silver said, "but the luxury tax is harsher than it was in the past deal, and we hope it's effective."
With the elimination of the harsher penalties for taxpaying teams, the union hopes it is able to preserve the freedom of movement that is the lifeblood of free agency.
Here's the exact Amnesty Clause from the last proposal via USA Today. The Amnesty Clause is reportedly the same in the current proposal. Update: Here's the current proposal via Sam Amick of SI.com. The language is identical.
- Each team permitted to waive 1 player prior to any season of the CBA (only for contracts in place at the inception of the CBA) and have 100% of the player's salary removed from team salary for Cap and Tax purposes.
- Salary of amnestied players included for purposes of calculating players' agreed-upon share of BRI.
- A modified waiver process would be utilized for players waived pursuant to the Amnesty rule, under which teams with Room under the Cap could submit competing offers to assume some but not all of the player's remaining contract. If a player's contract is claimed in this manner, the remaining portion of the player's salary will continue to be paid by the team that waived him.
For the Portland Trail Blazers' immediate purposes the most important one here is the Amnesty Clause. In other words, the Blazers wouldn't necessarily need to use the Amnesty Clause on guard Brandon Roy prior to the upcoming 2011-2012 but could wait until next fall, for example.
Brian Windhorst of ESPN.com reports that the Miami Heat are facing a similar situation with oft-injured forward Mike Miller...
With the expected luxury-tax changes, the Heat still may end up waiving Miller with the amnesty clause before next season to allow them to free up enough space to use the mid-level exception again. But considering they will be paying Miller either way, they would much prefer to have him on the roster and see if offseason surgeries to his thumb and shoulder will allow him to return to his form from two years ago, when he was one of the best shooters in the league.
Zach Lowe of SI.com writes that it's the No. 1 question facing the Blazers...
The mother of all amnesty questions: Is the Brandon Roy era over? Cutting ties with Roy via amnesty wouldn't get the Blazers under the cap for this season if they also re-sign Greg Oden at the level of the center's qualifying over, but it would potentially take them under the tax and set them up for future cap space. It would seem an obvious decision if Roy's knees will never allow him to perform consistently, but it's a painful thought for a team and a fan base that grew so quickly to adore the 27-year-old guard as the post-Jail Blazers franchise rock.
Some team will sign Roy at the minimum, or perhaps more, if the Blazers use their amnesty provision on him. Remember Game 4 of the Blazers' first-round series against Dallas? Roy is still capable of sporadic brilliance.
Here are my thoughts from about a month ago on why a "wait-and-see" year might make sense for the Blazers with Roy.
-- Ben Golliver | firstname.lastname@example.org | Twitter