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dnewguy
10-10-2011, 04:52 PM
Encouraging sign: Deal near on mid-level salary aspect

NEW YORK -- In one small but encouraging sign in the last-minute negotiations between the NBA and the National Basketball Players Association on a new collective bargaining agreement, a source who has been briefed on the discussions between the two sides said Monday afternoon that the sides are close to an agreement on one "system" aspect that has proven troublesome -- a new, shorter mid-level exception for free agents.

Owners have sought a major reduction in the mid-level, one of the key ways that teams over the salary cap are nonetheless able to add players. Implemented in the 1999 CBA after players agreed to accept maximums on player salaries, the mid-level was designed to give non-superstar players a chance at a good payday during their careers, and it has done just that. Tied to the average salary in the NBA, last year's mid-level started at $5.8 million. With annual 8 percent raises, a five-year mid-level contract would be worth $37 million.

And while some mid-level signings -- like Detroit's signing of Chauncey Billups in 2002 -- worked out, many other players who've been signed to mid-level deals over the years have not performed as hoped by their teams. And because contracts are guaranteed, teams were locked into those deals for several more years than they'd like. Owners have looked to shorten the mid-level to as few as three years and to limit the overall amount that the mid-level could be used for.

The two sides spent almost all of their five-plus hours of negotiations on Sunday on system issues, and not the split of Basketball-Related Income that the players will receive in the next CBA.

Even if the sides are close on the mid-level, they still have a number of vexing issues to solve to keep the league from canceling the first two weeks of the regular season on Monday, as Commissioner David Stern said it would do if there isn't a new CBA agreement late today.

The sides are 3 percent apart on the BRI split, with owners offering a 50-50 split of BRI; and players seeking 53 percent. Each percentage point is worth about $40 million, based on the $4.2 billion of revenue generated last season, so the sides are $120 million apart in the first year of a proposed multiyear deal. Owners have been reluctant to go even to 50 percent, according to sources with knowledge of the discussions, while several prominent player agents and high-profile players have been adamant in asking the union to stick to 53 percent. But both sides have discussed, at least conceptually, coming to 51 percent. with Stern talking to the players about a "window" between 49 percent and 51 percent of BRI last week. The players countered with an offer of a guaranteed 51 percent that could rise to 53 percent.

On the system side, the sides are still working on how the salary cap will be implemented. At one point, the league discussed a "flex cap" that would set a $62 million cap as a goal for each team, but allow certain exceptions to a rigid final cap number. The league has also proposed a "supertax" that would further punish teams that exceed the luxury tax threshold. In the last CBA a team had to pay a $1 tax for every dollar it was above the tax threshold of $70.307 million. Owners have proposed increasing that tax to as much as $4 for every $1 in a scale that would increase as teams went further and further above the threshold.

Other issues such as length of player contracts and the amount of annual raises in those contracts and the amount of money players would put in an escrow system that would repay owners if salaries exceed a certain amount are also still far from being resolved. Players have also asked that enhanced revenue sharing be part of the method by which teams that are struggling financially be helped. Stern has said that the league will have a much bigger revenue sharing plan in the next deal, with the current $60 million that is shared between teams at least tripled in the first two years of a new plan and quadrupled by year three.

But big-market teams are still uneasy about sharing their local television money with teams that aren't doing as well. The Lakers just signed a new 20-year deal with Time Warner in Los Angeles that will create two new channels, including one in Spanish, to broadcast Lakers games. The deal is reportedly worth up to $3 billion for the team, though Time Warner has disputed that number. The Celtics extended their own lucrative deal earlier this summer with Comcast Sports New England, extending their deal with CSNE through 2037 and receiving equity in the network that is reportedly up to 20 percent.


http://www.nba.com/2011/news/features/david_aldridge/10/10/encouraging-sign/index.html

This has been one of the biggest issues holding them back, several rumors have been spreading that the NBA will have a deal by tonight.

Badluck33
10-10-2011, 04:54 PM
I'm so happy I could boof the next old lady who walks down the street.

MackSnackWrap
10-10-2011, 04:55 PM
i really hope this deal goes through. 2k12 cant save me from boredom. Need the season to start!

llemon
10-10-2011, 04:55 PM
http://basketball.******.com/wiretap/215944/Deal_Close_On_New_Mid_Level

This has been one of the biggest issues holding them back, several rumors have been spreading that the NBA will have a deal by tonight.

That would be wonderful. I'm not a big fan of the MLE. That might be because I'm a Net fan, not a Laker fan.

NYKnicksAllDay
10-10-2011, 04:55 PM
I came in here thinking it was gonna be the CBA itself. what a letdown. :pity:

llemon
10-10-2011, 04:56 PM
I came in here thinking it was gonna be the CBA itself. what a letdown. :pity:

C'mon. Turn that frown upside down.

jetsfan28
10-10-2011, 04:57 PM
:laugh:


Mid-level is a big issue, but there are many big issues. Even with this they're not close to a deal.

fadedmario
10-10-2011, 05:00 PM
I came in here thinking it was gonna be the CBA itself. what a letdown. :pity:

x2 boo!!!!!!!!!!!!!!!

Chill_Will_24
10-10-2011, 05:01 PM
:laugh:


Mid-level is a big issue, but there are many big issues. Even with this they're not close to a deal.

i know. i just got excited for nothing

dnewguy
10-10-2011, 05:01 PM
I came in here thinking it was gonna be the CBA itself. what a letdown. :pity:


x2 boo!!!!!!!!!!!!!!!

Sorry guys. On the bright side, I have always been a big letdown for guys around here. I was the only one that picked the Mavs to win the championship, and also the only one that questioned how the Mavs won the championship.

llemon
10-10-2011, 05:02 PM
:laugh:


Mid-level is a big issue, but there are many big issues. Even with this they're not close to a deal.

There are certainly many big issues have to be worked out, but I have to believe money is the first and foremost issue.

MrfadeawayJB
10-10-2011, 05:05 PM
we are not that close to a deal

KnicksorBust
10-10-2011, 05:06 PM
Good news but TERRIBLY misleading title. We need a mod edit immediately.

NYKnicksAllDay
10-10-2011, 05:08 PM
Good news but TERRIBLY misleading title. We need a mod edit immediately.

Yeah, I agree. I'm glad they're getting stuff worked out, but I was expecting the whole thing was close, not just the MLE.

meloman1592
10-10-2011, 05:14 PM
What a misleading title....**** You, i just busted a nut for no reason

oak2455
10-10-2011, 05:15 PM
Good news but TERRIBLY misleading title. We need a mod edit immediately.

I agree:eyebrow:

Crackadalic
10-10-2011, 05:17 PM
I barely sign on anymore during the lockout and as I soon as I see the title thinking the lockout is over I jump in excitement only to found out its just about the MLE and not a deal being actually done -________- FML. Hurry this **** up so I can watch some good ol nba basketball and have play my rookies in 2k12. This **** is killin me to death

haggis
10-10-2011, 05:18 PM
This thread sucks.

Thanks for getting our collective hopes up. :sigh:

naps
10-10-2011, 05:20 PM
http://basketball.******.com/wiretap/215944/Deal_Close_On_New_Mid_Level

This has been one of the biggest issues holding them back, several rumors have been spreading that the NBA will have a deal by tonight.

:facepalm:

You and your typical misleading thread titles. Please, think twice before you write a thread title next time.

TO Rapz
10-10-2011, 05:22 PM
I hate this guy.

Cal827
10-10-2011, 05:23 PM
I hate this guy.

lol What are you tallking about? This guy's the GOAT on PSD :D


At least it's something... I just want these greedy morons to get something done.

mzgrizz
10-10-2011, 05:23 PM
Got me going too but give him a break.......any good news is good news right now, right?

naps
10-10-2011, 05:26 PM
Got me going too but give him a break.......any good news is good news right now, right?

True but he doesn't really deserve a break since he has been consistent with failures.

-Kobe24-TJ19-
10-10-2011, 05:32 PM
:laugh:


Mid-level is a big issue, but there are many big issues. Even with this they're not close to a deal.

this

I think we are weeks away maybe even months from the deal:sigh:

justinnum1
10-10-2011, 05:33 PM
still 3% apart...

C-Style
10-10-2011, 05:41 PM
Change the tittle pls....this is still good news maybe this deal will make it easier for both sides to get on a roll n budge

daleja424
10-10-2011, 05:44 PM
this should be closed... how have the mods left this open with its misleading title for over an hour.

bears88
10-10-2011, 05:44 PM
lol I agree with the rest of you guys this is a misleading title, as soon as i saw the title i rushed and knowing me i get excited that i typed my password wrong 2 times becasue my hands were a bit shaky. lol DAM YOU OP lol !!!!!

bears88
10-10-2011, 05:45 PM
this should be closed... how have the mods left this open with its misleading title for over an hour.

cant you close this since your a former mod u should at least have that option available to you.

daleja424
10-10-2011, 05:46 PM
I should... shouldn't I... but alas... I don't...

some days I miss being able to fix this kind of crap... but the freedom of not being a mod is more appealing.

Rego247
10-10-2011, 05:50 PM
Misleading title, but judging from who the op is I can't say I'm surprised.

mccschamb
10-10-2011, 05:53 PM
sike

mccschamb
10-10-2011, 05:53 PM
still wont be an nba season and if there is, it will be short

PC
10-10-2011, 06:08 PM
Don't make any more misleading titles

KnicksorBust
10-10-2011, 06:19 PM
:laugh: Nice edit PC.

king4day
10-10-2011, 06:20 PM
I'm going to alter the title a little bit but don't think it's misleading at all. It's the truth. They are close to agreeing on one of the bigger issues.

NYman15
10-10-2011, 06:32 PM
I'm optimistic they'll get a deal done soon. I don't see them getting it done tonight, but I could see them getting it done by the end of the week.