Today in Las Vegas the NBA players union will hold a meeting to catch players up on what happened in Tuesday’s meeting with the NBA. Basically the owners said this deal (the same one they’ve been offering forever which includes a hard cap and no revenue sharing) is all they’re prepaired to offer. The players have offered to give back $300 million and want to keep guarenteed contracts. The owners want $800 million back from players and an end to guaranteed deals.
Celtics center, Jermaine O’Neal did a great job of breaking down the player’s perspective on the issues including a side effect of removing the middle class from the NBA (midlevel excemption)
Check out a few highlights from his interview with USAToday:
What’s so unrealistic about the owners’ proposal?
So you think the owners’ proposal seeks to eliminate the “middle class” in the NBA?
Is this another case of the owners putting themselves in a position to be saved? The 2010-2011 season was incredible, the systems the owners want to put in place as well as being comfortable missing games is a backwards strategy. The owners can’t believe that any product they put on the floor will still keep the $$ rolling in. That only works for Donald Sterling (owner of the Clippers.) Basketball is a global game and the players won’t just sit around and wait for this to work itself out.
Side, I Love that he understands the entire process and what’s at stake for the players and the owners. The union did a fantastic job on educating the players on the entire issue for not only the players but the future members of the NBA.