Okay, we’ve already discussed the amnesty provision and the stretch exception, two new pieces of the NBA’s pending collective bargaining agreement. Time to look a little further. Here are two cool things, especially for those of you who feast on player movement and possible trades. 1. It will be easier to make trades. Under the old labor agreement, the salaries of the traded players had to be within 125 percent (plus 100K) of each other. That will remain the case for taxpaying teams,
Stretch exception means bad contracts could proliferate under new CBA
The hot topic right now in the NBA is the amnesty provision of the new collective bargaining agreement. The next thing to take a closer look at is the stretch exception, which is a mechanism that is designed to give relief to teams that make mistakes once the new collective bargaining agreement goes into effect. (The stretch exception does NOT apply to contracts signed under the old CBA). Here is the exact wording regarding the stretch exception from the memo that was
Amnesty program includes secondary waivers
And what, you may ask, is secondary waivers? The details still need to be ironed out in “secondary negotiations” between lawyers from the league office and the, ahem, union, but there is going to be a bidding process for players released under the amnesty clause of the new collective bargaining agreement. How will that bidding process work? Something like this: Let’s say the Orlando Magic decide to release Gilbert Arenas, who has $62 million remaining on his contract over the next three years, including
Sheridan column: How the NBA deal got done, and what’s in it
csprtContainer(); NEW YORK — When it came time to be flexible, the commissioner who once called himself “Easy Dave” moved like he was Shakira. David Stern and the NBA’s team owners made concessions on several key issues, both financial and system-related, to get the NBA lockout settled in the wee hours of the morning today at the close of a 15-hour bargaining session. Here are some of the key details of those moves, according to a league source who was privy to the
BULLETIN: Deal reached to end NBA lockout
NEW YORK — A handshake deal is in place, and the NBA season is set to begin on Christmas Day. David Stern and Billy Hunter announced a tentative agreement to end the NBA lockout shortly before 4 a.m. Saturday in a small conference room at a law firm in the General Motors Building in Manhattan. Gentlemen, start your engines! The settlement, first reported by Ken Berger of CBSSports.com, came on the 149th day of the work stoppage that forced the postponement of the
Lockout update: Almost midnight edition (with audio)
NEW YORK — About an hour ago, a rumpled looking David Stern walked through the lobby of the building where negotiations are being held. After much speculation, the favored explanation was that he had tried to get back into the building through the wrong entrance and had to walk around the block. At least that was my interpretation. Other than that, it been a brutally dull and cold evening on lockout stakeout duty tonight, with the sides now approaching 12 hours together.
Lockout talks: Brief update
NEW YORK – NBA lockout talks stretched into the evening Friday at the same building where the 1998 lockout took a turn for the worse, and where Latrell Sprewell’s arbitration hearing was held. Just a stone’s throw from Central Park, the usual suspects from more than two dozen previous negotiating sessions assembled again. They included David Stern, Adam Silver and Peter Holt for the owners; and Billy Hunter, Derek Fisher and Maurice Evans for the players. The players new antitrust litigation lawyers;
Lockout update: What the players want
NEW YORK — It is Black Friday, and the players are going bargain(ing) hunting at today’s NBA lockout negotiations. If commissioner David Stern is willing mark down a few pieces of merchandise, there will be something under the tree for everyone on Christmas Day. There is a deal to be done today, or later this weekend, if the owners are in a giving mood, but the players had better realize that they are not going to get everything on their wish list.
- « Previous Page
- 1
- …
- 182
- 183
- 184
- 185
- 186
- …
- 214
- Next Page »