Players Knock Back A Proposed 50/50 Split Of BRI

Kiyaman

Legend
Stern: If no deal early next week, whole season in jeopardy

NEW YORK - NBA commissioner David Stern said Thursday that if significant progress toward a new collective bargaining agreement isn't reached by early next week - following the first scheduled session with mediator George Cohen - that the remainder of the 2011-12 NBA season may be in jeopardy.

http://www.nba.com/2011/news/10/13/lockout-stern/index.html?ls=iref:nbahpt1

:alert:


I always thought Stern's job was the mediator of the NBA.....
another commissioner needs George Cohen service
 

Oldtimer

Rotation player
the "Negotiations"

I do not think the public --that's us -- has any real knowledge about what is going on in the negotiations. But there does appear to be a substantial divide.

The current focus seems to be on the BRI revenue split and a hardcap or its functional eqivalent --the punitive luxury tax.
In my view these two issues are related. Let us assume a hard cap or a punitive luxury tax that starts at $60M. Let us also assume $4 billion in BRI and for ease of the arithmetic a BRI split of 50/50. That would mean a players' share of $2 billion.

There are 30 teams, if each team maxes out at $60M, the total is only $1.8 billion. That would leave $200M for "bonus" distribution to the players which would presumably be divided by the percentage proportion that each player's salary corresponds to the total salary pool. For example, a player whose salary is $10M would get twice the bonus of the player whose salary is $5M.

If there is going to be a distribution of income based on relative salary, why do the players oppose a hard cap or its luxury tax equivalent? There is still a division of one BRI pie. One possible answer -- it will diminish salaries at the top, the salaries for the stars who have in the past greatly benefitted from the foolishness of the owners. But how many union members have a chance at the mega salary?

Assuming that all the appropriate income is included in the BRI, the BRI split is likley to be the most important issue to the players as a whole. If the split is fair, then everyone is rewarded by increasing BRI numbers. Except to the extent that it diminishes the BRI, it does not matter how badly the individual owners operate their own franchises.

Other issues -- such as the length of players' contracts, guaranteed contracts, increases in contracts from year to year -- also appear to be relatively unimportant if there is agreement on the revenue split. Do the owners really care how the players divide their split among themselves -- it is always going to be the same percentage of whatever BRI total appears? Of course, there may be relatively subtle issues regarding competition and growing the league and the BRI so there continues to be additional income. I do not know how these issues can be negotiated, but, again assuming an appropriate split, the players and owners have a common interest in growth.

A final note, I remain concerned that the union is paying too much attention to the division among the players of their share of the BRI for the purpose of maintaining or increasing what the stars can earn. Granted they should get a substantial premium,but how substantial?
 

Kiyaman

Legend
Old Timer......I have to give u big-props for your clairity of the situation
plus making some great points on the direction of a 50-50 split.
I agree with u on the public "us" being ignorant to the close-door negotiating
meetings since July 1st.

I dont know where to start.....there has been a 2 month strike on "Wall St."
b/c wealthy people are squezing the market the same way the NBA (30) owners
are trying to squeze the (450) players out of a few $100M per season.

When are the "wealthy" people in this country who pulled the majority
of their money out of the market in the past decade going to put
their money back into the market for the growth of this country? the
job market and employees has been decreasing each year for the past
decade, while the population of people has been widely increasing.

The last three seasons before the "Lebron James Decision" the NBA salary
cap kept being reduce each of those 3 season from the low revenue each
season. This was do to our country being in a decade of a great recession
from our "wealthy" people pulling their money out of the market (Martha
Stewart) do to the crises of the "Wall St." market taking big hits from the
chaos of so many multi-billion dollar crashes (like lined up cards falling).....
the downfall of our country billion $$$ energy company Enron, falling
World Trade Buildings, spending 250 billion on war in Iraq, the evacuation of
New Orleans & Louisiana, to 35% of the homes in this country in forecloser, ect., ect..

Im a regular ticket buyer (not Spike Lee) I get paid every two weeks, on
every other payday I spend my lunch break is in MSG to buy good (orange-
yellow) seat tickets to see star-player oponents vs Knicks.....Howard, CP3,
Durant, Rose, Duncan, Nash, Dirk, and Griffin....no matter how early I get to
MSG last year to buy tickets for the Knicks vs Miami, or Lakers, or Boston
games they were already sold out months in advance (even the upper-upper
seats). So that should answer why the star players should receive substantial-premium.

u and so many others have only been doing the math on 50-50 split, but no
one has yet been optimistic to believe in a 2011-12 increase in revenue
from the huge increase of the 2010-11 season revenue. Why is that?
The same way I could not get tickets months inadvance to see my Knicks vs
Lakers, Miami, Boston, b/c they were sold out imagine what its going to be
like in 2011-12 season for me to get tickets to see the "Mavs, OKC, Grizzlies,
Bulls, and the Cavs coach Byron Scott who beat us all 4 games last season
having 2 first round 2011 draft picks". The soft-cap paid off big-time
lastseason with the players receiving 57% of the revenue with brilliant
headcoaches getting the majority of the regular season wins over the
tandem & trio of star-players.

The Lebron, Amare, Bosh, Boozer, Butler, Chandler, Perkins, Gerald Wallace,
Carmelo & Billups (2010) move set a new stage in making the NBA future
teams better from watching the 2007-8 to 2009-10 trio of star-players
chemistry from Boston and Lakers.

Now it should be perfectly clear on how much u pay a player on their
performance vs the above star-teams oponents.....
:smokin: :gony: :smokin:
 

CoolClyde

Moderator
boo hoo no seats

the reason tickets are sold out is because all the best seats are purchased seasonally by corporate institutions in blocks. and they take the tickets off as entertainment expenses on their taxes. these tickets trickle down to their employees and guests of their employees, and sometimes friends. just wait until the newly installed MSG luxury seats, now lower to the floor, are sold out to the 1% of the wealthy, and even less seats are available to the 99% tax-paying, consumers. this is all going according to plan, man. Dolan save megadollars not paying the players, then charges 100% more for tickets to pay for the renovation. no sheeeeit.
 

Oldtimer

Rotation player
BRI and Luxury Boxes

It gets worse. I believe that under the now expired CBA, income from luxury boxes was not included in BRI.
 

Kiyaman

Legend
It gets worse. I believe that under the now expired CBA, income from luxury boxes was not included in BRI.

That does not surprise me, I'm wondering how much money is taking out of
players check for the "team-insurance" on gauranteed contracts.

I notice after the big-money-making 2010-11 season, Stern and the owners
did no promotion for the upcoming 2011-12 season throughout the offseason....
other than start a war at degrading players for their high salaries.
I guess this is a great bussiness promotion to increase the "Gross" profit for
the following season.....Owners take 7% of the players income to give to Stern
for the $2. to $4. increase in the CBA new super luxury tax.

The wealthy get wealthier and the millionair project-kid stays in his place.
Damn! the NBA is FANTASTIC
 
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