Wednesday, November 9, 2011
50/50 BRI Split or Union Decertification
What are luxury taxes in relation to the NBA? Wikipedia: A luxury tax payment is required of teams whose payroll exceeds a certain "tax level," determined by a complicated formula, and teams exceeding it are punished by being forced to pay one dollar to the League for each dollar by which their payroll exceeds the tax level.
The actual amount of the salary cap varies on a year-to-year basis, and is calculated as a percentage of the league's revenue from the previous season. The salary cap for last season (2010–2011) was $58.044 million for each team. Lakers total 2011 roster payroll was $86,665,297. Without question larger markets have a stronger pull. For that reason, a potential hard cap has been thrown in these ongoing negotiations.
NBA soft cap - Allows teams to exceed the salary cap to sign players. This is done to allow teams to keep their own players, which, in theory, fosters fan support in each individual city.
If players choose to turn the other cheek today Stern intends to go back on an earlier proposal offering of 53-47 in favor of league owners. Many players do not mind splitting the BRI right down the middle, such as Lakers captain Kobe Bryant and co-captain Derek Fisher.
Since we know where the NBPA president stands with all of this, why can't we handle things like they did back in the day where kings, in this case lets say NBA commissioner Stern and NBPA president Fisher, had the power to overrule and conquer without a majority vote system. Ongoing, exhausting negotiations that jeopardize a sports season should have an exception rule to collective decisions (politics) that can't be made. Obviously mediating didn't work.
All parties will meet this afternoon at 1PM EST. Most likely the players will stick to their guns and move forward (funny, move forward) to the next series of re-negotiations.
NBPA president Derek Fisher said this, “Our orders are clear, right now, the current offer that is on the table from the NBA is not one that we can accept."
Will the NBA save its slogan by having a shortened season for the fans or will the new slogan read, "Where a Maze of Negotiations Happens"?