Say the secret word, will you, buttheads? Groucho Marx had a quiz show where contestants who said the secret word got $100, delivered by a papier-mache duck dropping in over their heads. The word was easy, but not as easy as the secret word in the NBA lockout, which owners and players just have to utter for a duck to come down and give them $4 billion. We even know the word, just as Groucho’s audience did … It’s “Fifty-one!” That’s also represented as 51
Lockout items: Fisher v. Hunter?, Arison’s tweets
Chris Kaman tweeted this photo to express how he feels about the lockout
Props to Nike for their new Jordan Brand ad
Lockout update: What has been agreed to
From Howard Beck of the New York Times: “Tentative agreements are already in place on the following major items: Luxury-tax rate: Teams will be charged $1.50 per $1 spent beyond a threshold, replacing the previous dollar-for-dollar tax, according to people who have seen the plan. To further discourage spending, the tax will increase for every $5 million spent beyond the threshold: to $1.75 after $5 million, $2.25 after $10 million and $3 after $15 million. Under this system, the Los Angeles Lakers
Lockout update: The Morning After
NEW YORK — What if someone made you this offer: If you give me $4 today, I will give you back $40 in a month. But if you refuse to give me $4, you are guaranteed to lose $40 within a month. So you will either gain $36, or lose $40. You’d be nuts to turn that offer down, correct? Well, multiply that $4 by 10 million, and then ask the same question: Would you let go of $40 million today if it ensured that
Lockout talks have broken off
NEW YORK — NBA labor talks have broken off over what was always the most contentious issue — the split of revenues. And commissioner David Stern is now saying there will not an 82-game schedule “under any circumstances.” Union director Billy Hunter said the players did not move off their offer of 52.5 percent of revenues, and he said the owners had taken their 50-50 proposal off the table and are now back to offering 47 percent — an assertion that Stern
Lockout update: Around the Web
NEW YORK — Greetings from yet another lockout stakeout, where the media has become part of the furniture in the hotel lobby. Both sides made it clear last night that dealmaking time has arrived, and they were scheduled to try to tackle the thorny issue of the BRI (basketball-related income) split first thing in the morning. The talks began at 10:30 a.m., and there has been no word from upstairs in the 5 1/2 hours since. We media folk are gearing up
Lockout update: BRI split to be discussed Friday
NEW YORK — Billy Hunter told the world the sides in the NBA lockout are “within striking distance of a deal,” and he told SheridanHoops.com even more: “The BRI split is the very first thing we are going to try to tackle in the morning.” Owners and players met for 7 1/2 more hours Thursday after putting in a nearly 15 1/2 hour session that began Wednesday and ended after 3 a.m. Thursday. Exhausted after the 23 hours of meetings, the sides called it
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