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Thread: Players Knock Back A Proposed 50/50 Split Of BRI

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    Evacuee Crazy⑧s's Avatar
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    Angry Players Knock Back A Proposed 50/50 Split Of BRI

    Stern said the owners were willing to consider a 50-50 split, but that the players' side would not consider it. "I was very surprised by that," Stern said.

    Stern also said that, during discussions, owners had come off their long-held insistence on a hard cap, and revealed that last week owners backed off their desire for a rollback of existing salaries. He also said the owners had offered the players a chance to opt out of a new 10-year agreement after seven years.


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    This is disgraceful, IMO. I've been reading that the big name agents: including, of course, World Wide Wes, who to me is the doucheiest in a new wave of agent douche, are now looking to decertify. They are also urging all players to remain staunch that 57% of BRI is their rite. That's ridiculous.

    Apparently Stern has not been honest in his revealing of total incomes for the league, or at least has concealed information.

    Whether or not this is the case, to knock back a 50/50 split is ****ed. I look forward to seeing how the union justifies such non-benevolent behavior toward its player's fan base.

    So, if this debacle isn't come to a close by Monday next week, the first 2 weeks of the regular season are as good as gone.

    The fact that it's taken 4 months to reach this stage makes it evident, to me, that the agents for the NBA stars have been collectively prepared, if not collectively conspiring, to have as much of the season cancelled as possible for the sake of winning this toe to toe battle of greed.

    **** the lot of 'em.

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    Veteran Wargames's Avatar
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    I think this is PR is response to Woj's article that said Stern was the main problem in the negotiations. In all likelihood the NBAPL would still turn down the deal if it involved the flex cap that in many ways is a hard cap by just another name.

    What no one is saying is that if the owners shared TV revenue the whole league would be profitable but the owners figured it would be easier to go against the players instead of each other. The only problem with that is that there is money out there Wilson Chandler, JR smith, and K mart were very likely broke and would of been voices arguing to end the shutout but then they found money overseas so basically all the players with money can sit this out. The owners on the flip DO NOT want the season to end because they would be forced to pay back season ticket holders and various sponsors all at once. Derrick Fisher gave a speech today saying basically this which means the players have a game plan.

    My prediction is a 52-48 player/owner BRI split, a lower soft cap to lower the overall salaries of all teams, a removal of all the exceptions or a longer time linit on their use, the addition of the Melo Clause and possibly a rule that allows teams to amnesty 1 player with no cap penalties once every few years.

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    The 50/50 split was after a $350M expense deduction which effectively made it the same as the 47/53 split according to the union. The sides are so far apart, they aren't close to resolving the big issues like the revenue sharing and the salary cap, unless one side or another gives in its going to be a long strike.

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    Default Percentages

    In the 2009-10 season the total BRI was $3.643 billion and the players' 57% share was $2,076 billion. In the 2010-11 season the respective numbers were $3.817 billion in BRI and $2.176 billion in players' share.

    For ease of arithmetic let us assume a BRI increase in the coming season to $ 4 billion. That means that each 1% of BRI is $40M. If a 50/50 split were truly something the owners will accept, but the players want at least 53% -- and assuming agreement on other issues -- then the players are holding out for $120M a year. This amounts to a $4M a year payroll deduction for each of the 30 teams. But, of course, at 50/50, the players will have given up a total of 7%, or a per team total of $9.33M.

    The owners claim a league loss of $300M last year. The 50/50 split would just about take care of the losses at least on a gross basis. I do not know how the owners can distribute all the gain to the money losing teams.

    There is a lot of other stuff going on -- hard cap, length of contracts, luxury tax amounts that will operate as effective hard caps, mid level exceptions, Bird rights,etc. I see an eventual 50/50 split. I do not have an idea of where the sides are on the many other issues.

    On another note, it concerns me that though we hear a lot about splits among the owner groups, there is little coverage of the very differing interests of the players. Obviously the big earners, at least going forward, will take a total earnings hit of 7% hardest - the reduction will hurt them the most but only in total dollar gross amounts. But what about the players earning less than $2M or $3M a year. Sure, it is plenty of money, but these guys do not have the endorsements or the likely savings to be able to handle an extensive lockout. If you are not a star, but are looking to making $1M a year, a 7% deduction would leave you with $930,000. If your option is working in a furniture store like Delonte West, you will want your $930K. And what about the players, like Kevin Garnett, with perhaps only a year or two of earnings left? The union is representing some conflicting interests and seems to be catering to the "stars" and their agents.

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    OT - As I understood the union letter to the players explaining the 50/50 split the owners wanted to take the 300M loss of the top reducing the revenues shared by 300M. So with a deal where there is a 50/50 split with the 300M taken off the top, the players share would be 1.85B using your 4B revenue number which would actually be less than the 47% deal the owners are offering if you didn't do the 300M expense deduction, the players would get 1.88B in a straight 47% deal. No wonder the players turned it down but it was a great PR ploy by the owners because it makes the players look greedy turning down an equal split.

    I see the owners point in proposing these deals, the point is they want the players to be equal partners and to share the losses as well as the revenues, a position the players want no part of.

    Good point about the negotiations being detrimental and possibly causing a rift between the stars and non-stars in the league. An example is the MLE and a proposal I saw reducing that to 3-4M a year instead of the 5-6M now and reducing the years to 3 instead of 5. Non-stars won't be happy with proposals like that, that MLE has made a nice living for the Jerome James and Jeffries of the league.

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    Angry The Luv of Basketball.......

    I seen from the beginning of July 1st, every new CBA proposal put on
    the table were aimed at "SCREWING" the future NBA players.

    I am so glad I been a strong supporter of Rukers-Park since the 60's to
    know when Rukers Park population is at full capacity with loud noise of
    oohs-aahs, and excitement yells from people sitting on top of ice-cream
    trucks.....this huge crowd of excited people squeezing into get into an
    over crowded park is all from a bunch of guys bouncing a basketball.

    Reducing the MLE to $3M rather than raise it back to $6M so a team could
    use it to sign 3 or 2 players is a HARD-CAP. There is nothing flexable about that.

    Reducing the players revenue from 57% to 54% in a league where the
    fan-base supporters has risen tremendously in the last two seasons is
    a HARD-CAP. There is nothing flexible about 50-50 split when the increase
    in ticket prices and T.V. broadcasting each of the past 3 seasons were
    paid in full.
    Is this another reason for all teams prices to increase for season ticket
    buyers for the 2011-12 season? or is it for the (crying) owner to be able
    to pay the extra $2 and $4 dollars over the new "super luxury tax" with
    few tears???

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    Default 300M Off the Top?

    Tiger, I have not seen the idea of $300M off the top. That amount is 7.5% of a $4 billion BRI and would mean that the players would end up with 46.25% of a $4 billion BRI, If the owners' position prior to "suggesting" 50/50 was 47% for the players after $300M off the top, the percentage for the players of a $4 billion BRI would be 43.475 %. That simply can't be, can it?

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    Thumbs down

    Originally Posted by tiger0330
    OT -
    Good point about the negotiations being detrimental and possibly causing a rift between the stars and non-stars in the league. An example is the MLE and a proposal I saw reducing that to 3-4M a year instead of the 5-6M now and reducing the years to 3 instead of 5. Non-stars won't be happy with proposals like that, that MLE has made a nice living for the Jerome James and Jeffries of the league.

    Why do peeps mention the one or two bads (JJ and JJ) of the MLE,
    when compared to the 10 or 20 MLE decent-players.

    Everyone keep mentioning all the high salary players and over-paid players,
    when there is never any mention of all the low salary players and under-paid
    players.....why is that? do these same peeps have a clue of how many
    minimum-wage players are in the league each season? along with players
    still playing on their rookie contract each season?

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