The NBA owners have given the players until Wednesday to accept a deal that could end the lockout! Basketball fans are eager for the lockout to be over, and so are the players. Both sides have lost millions of dollars, so I'm anxious to see what the players will do. I'm unsure of all of the issues going on in the meetings, but the way the deal is being presented, it seems like a "strong arm" tactic by the owners.
Check out the article from Espn.com:
NEW YORK -- Commissioner David Stern gave NBA players an offer and a deadline: Accept a chance to earn up to 51 percent of basketball-related income by Wednesday or get ready for a deal that's a whole lot worse.
He wouldn't call it an ultimatum, but it didn't sit well with the union.
"The players will not be intimidated," attorney Jeffrey Kessler said early Sunday after eight hours of negotiations stretched late into the night. "They want to play, they want a season, but they are not going to sacrifice the future of all NBA players under these types of threats of intimidation. It's not happening on Derek Fisher's watch; it's not happening on Billy Hunter's watch; it's not happening on the watch of this executive committee."
David Stern has given the union until Wednesday to consider a deal laid out Saturday, writes Henry Abbott. Stern wants to give players plenty of time to think. Kessler said the proposal was really 50.2 percent for the players and called the chance of them ever reaching 51 percent a "fraud" and an "illusion."
If players don't agree to it by Wednesday, Stern said they would get a deal that would guarantee them just 47 percent of BRI and call for a flex salary cap.
"We hope that this juxtaposition will cause the union to assess its position and accept the deal," Stern said.
Thus ended another frustrating day, one that puts a lengthy 2011-12 season in doubt.
"Today was another sad day for our fans, for arena workers, our parking lot attendants, our vendors. Very frustrating, sad day," union president Fisher added. "We, for sure, unequivocally, made good faith efforts to try to get this deal done tonight. And we're at a loss for why we could not close it out."
And it remains difficult to see how they can. Stern certainly wouldn't speculate on the chances.
"I'm not going to make percentage guesses or anything like that. We want our players to play. We'd like to have a season," he said. "These are the terms upon which we're prepared to gear up and get in as many games as possible."
Players and owners met with federal mediator George Cohen for more than eight hours, and Stern said Cohen offered six "what if?" recommendations relating to the BRI split and the salary cap system.
Stern said owners accepted the first five and would put them in writing in a formal proposal to the players, hopefully Sunday. But it wasn't acceptable Saturday, with Stern saying Kessler rejected it.
"I think it's fair to say that speaking on behalf of the union, Mr. Kessler rejected the mediators' recommendations and our proposal," Stern said. "But hope springs eternal, and we would love to see the union accept the proposal that is now on the table."
Though insistent on no more than a 50-50 split, owners will offer the players a band that would allow them to receive between 49 percent and 51 percent of revenue. However, Stern's description of how it would work was confusing, and Kessler said under "the wildest, most unimaginable, favorable projections and we might squeeze out to 50.2."
Fisher said the players' proposal would have given them about 51 percent, with a portion taken out to use for retired players' benefits
Day 128 of the lockout came at the end of a tenuous week in which both sides seemed as much at odds with themselves as each other. Some players took part in conference calls to discuss the option of decertifying the union and filing an antitrust case against the league, while hardline owners were in favor of offering the players 47 percent now and not going beyond 50.
"I've been ready to sign a decertification petition since July?" Nets guard Deron Williams tweeted Saturday. "Can't believe we are just now going this route! SMH."
Although the lengthy meeting offered hope of compromise -- despite the rare attendance of Hall of Famer and Charlotte owner Michael Jordan, and Portland billionaire owners Paul Allen, considered to be hard-liners -- Kessler said owners never really made any.
"They came in here with a prearranged plan to try to strong-arm the players," he said. "They knew today they were sticking to 50, essentially 50.2. They were going to make almost no movement on the system, and then they were going to say, 'My way, or the 47 percent highway."
He added there was no reason to talk again before Wednesday if the owners stick to their current position.
Other items in the new owners' proposal related to rules for teams paying the luxury tax and for the use of the midlevel exception. Players have said the system issues are just as important as the BRI split, because they fear owners' proposals essentially would prevent teams in the biggest markets from being free-agent options.
A month of the season already has been lost, and more games could be in jeopardy soon. Nobody said the decertification threat made any real impact on the discussions, but Fisher also said there's not a deal yet that's worth a vote.
If they can't agree to one by Wednesday, it will be even harder to find common ground. Players already rejected a flex cap in June.
Fisher and Kessler again questioned the owners' willingness to negotiate, but Stern said they were ready to make a deal -- by Wednesday.
"We want to allow the union enough time to consider our most recent proposal, and we are hopeful that they will accept," he said.
As for the Wednesday deadline, he added that it "doesn't aid the negotiating process to just leave it hanging out there."
