According to multiple reports, the NBA lockout talks held Sunday in New York City revolved around system issues and didn't broach the controversial and potentially season-killing revenue split between players and teams. Yahoo's Adrian Wojnarowski and Marc Spears were among those reporting that the officials who met for 5-1/2 hours late Sunday focused on salary cap structure and other items -- not the all-important split.
The revenue split determines a max aggregate salary level of the league's players. It had been 57 percent over the last nine seasons, meaning that each season, players would be paid exactly 57 percent of the league's basketball-related income. The league currently wants to drop that to 50 percent. The players' union has held steady at 53 percent. This is seen as the make-or-break issue in these talks, though there was a fair amount of consternation over a league-proposed hard team salary cap a few weeks ago.
The two sides will meet Monday at 2 p.m. ET. One assumes that the revenue split will be on the table. NBA commissioner David Stern has said that without a deal in place on Monday, the first two weeks of the regular season will be cancelled.
0 comments
5
Nov 28
3
Nov 27
Comments
Comments For This Post Are Closed