The latest NBA lockout proposal presented by owners would allow players to earn an aggregate salary of 49-51 percent of the league's revenue, as described by David Stern after Saturday's negotiations blew up. As Stern explained it, if revenue outpaces projections, any overage would be split 57-43 in players' favor. If revenue did not hit projections, players would take a smaller percentage of revenue. But at no point could the players' share drop below 49 percent or rise above 51 percent.
But there's a critical piece of information missing: where those projections would land.
The league refuses to disclose what projections its using in this proposal, and whether those would change on an annual basis or remain static. That's a huge piece of the puzzle here, especially considering how large a new national TV deal in 2016 looms. Will the NBA's projections account for that, or would we expect 2016-17 revenues to outpace something like a static 4-percent growth projection?
As the public determines its own opinion on the owners' proposal, this sort of information is vital. The players know what's in the deal, but fans and writers are left in the dark. Until we learn otherwise, it might be wise to just assume this is pretty straight 50-50 deal with the outside chance players at some point could get something like 50.3 percent or so.