Lockout could erase season
by tmoore on Jul 14, 2011 7:42 AM PDT
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PrintHere is a portion of the column in Thursday's paper:
The owners claim 22 of the league’s 30 teams are losing a total of $370 million per year and insist the entire financial structure must be overhauled for the league to survive.
For obvious reasons, the players like the current system, in which the average salary is the highest of any major sport in the world, to continue.
Players are earning an average of $5.7 million, which is nearly 18 times the $330,000 they pocketed in 1984-85 (the first year with an NBA salary cap). Players receive 57 percent of all Basketball Related Income (BRI) and nearly all of the contracts are guaranteed.
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If the NBA agreement ends up offering less to the players than they could make overseas, say goodbye to the NBA!
What knowledge do you have of what type of contracts players get overseas? My guess is none. My guess is also that you did very minimal research before creating this hypothesis.
"I admire his competitiveness. As much as I admire it, I thought that he was trying too hard."- Eddie Jordan
by jefu on Jul 21, 2011 1:07 PM PDT via mobile up reply actions
Most overseas are limited to two Americans and the bulk of the leagues don’t have the money to offer multi-million contracts, so I don’t think it’d have as big a long-term impact as some people think.
by tmoore on Jul 21, 2011 6:30 PM PDT up reply actions 1 recs
Coming from overseas, let’s just say the current mid level exception one year salary is far in excess of a whole teams hard salary cap here in Australia. Yeah, I know, we’re small bikkies down here in Oz.
Let’s look at Europe. Quite a few of the larger leagues have problems where some teams don’t even bother paying thier players full salaries. I think most American players would struggle with the enevitable culture shock and the fact that they’re not player driven leagues, but rather coaches rule.
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