You know the NBA lockout is reaching a climactic period when a number of prominent agents send a letter of their clients warning them not to quickly ratify the first deal they can vote on. ESPN's Ric Bucher reports that six agencies, including CAA and Wasserman Media Group, have done just that on Monday. The letter warns that in 1999, the NBA gave players just 24 hours to review the proposed collective bargaining agreement and demanded in-person votes. Less than half of the players' union showed up to vote.
The letter also disparages the still unreached deal by outlining predicted salary rollbacks and a shift in the revenue split. Team owners have reportedly requested rollbacks on already-signed contracts in addition to a cut in the share of league revenue players earn.
Bucher reports that the agents on board include Leon Rose, Henry Thomas, Bill Duffy, Arn Tellem, Jeff Schwartz, Dan Fegan and Mark Bartelstein.