The NBA lockout negotiations have not been ending acrimoniously as every meeting seems to end with only dooms day in sight. The most recent meetings seemed to end even worse than the rest, but talks will "probably" resume at some point next week regardless.
Howard Beck of the New York Times brings the optimistic approach regarding the next round of negotiations.
Yet on Friday, people on both sides of the divide, speaking off the record, predicted there would be a phone call or two over the weekend and probably another meeting next week. That has been the pattern all month: every dramatic breakdown followed by a brief silence and then a surprising resumption of talks.
Beck also reported that there were actually things agreed upon during the 30 hours of meeting last week, at least for the time being, included the much-talked about "amnesty clause."
¶ There will be a one-time "amnesty" provision that will allow each team to waive a player (with pay) without his salary counting against the salary cap.
¶ There will be a "stretch" exception, available every year, allowing teams to waive players and stretch out their remaining salary over a number of seasons, thus reducing the annual salary-cap hit.
¶ The midlevel exception will be set around $5 million, a decrease of $800,000, but more than double what the owners were seeking.
Obviously this is not the time to get anyone's hopes up, but at least it's better than nothing?
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Comments
i am not surprised they are doing this again...
by thewiz06 on Oct 22, 2011 4:35 PM EDT via mobile reply actions
This is good
so long as they keep talking, it’s okay and there is still a fair chance of a season strike shortened season.
Words of wisdom from the great Billy Dee Williams
Oh so you disagree. Well then, here is a mature, sophisticated, and compelling rebuttal.
by wallywagon11 on Oct 23, 2011 9:41 PM EDT reply actions
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