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Steve Bulpett: Owners Players Powow
The monetary sticking point to the negotiations is the players want
56 percent of the revenue; the owners are willing to allocate 48
percent. Maybe they should compromise at 52 percent.
No solution,
but sides
powwow
by Steve
Bulpett
10/29/98
NEW YORK --
While the NBA
was reluctant
to express
optimism with
the collective
bargaining
impasse
yesterday,
players union
director Billy
Hunter said it
has come down
to a matter of
numbers. The
key number for
fans, however,
was two -- as
in two more
weeks of games
that have been
canceled.
After an
occasionally
heated
afternoon
session
(Michael
Jordan and
Wizards owner
Abe Pollin
were said to
have had a
shouting
match) between
the players
and the Labor
Relations
Committee, the
sides were
meeting last
night in an
attempt to
agree on the
particulars of
a hybrid
system to
bring more
certainty to
the amount
owners will be
spending on
salaries.
Though they
were well
apart on
certain
figures, a
blueprint does
now exist.
In rough
terms, the new
agreement
would include
2-3 years
under a luxury
tax system
that would
have teams
paying a fee
for contracts
above a
certain level.
Not
surprisingly,
the threshold
is still very
much in
debate.
The second
part of the
agreement
would be a
so-called
escrow system
whereby if the
amount paid to
the players in
salaries in a
given year
exceeds an
agreed-to
percentage,
then all
players,
except those
making the
minimum, would
pay back to
the league a
percentage of
their pay.
The main issue
is what
percentage of
revenue the
owners should
allocate for
salaries. The
league is
seeking the
same 48
percent it was
supposed to
get in the
last
collective
bargaining
agreement (it
claims the
number soared
to 57 percent
last season).
The players
are asking for
63 percent,
though sources
say it's fair
to assume
they'll settle
at 56 percent.
In wiping out
the month of
November,
commissioner
David Stern
said there
would be no
more
announcements
on the
schedule until
either an
agreement is
reached with
the players or
the impasse
goes long
enough to
eliminate the
entire season.
But, Stern
added: "I
think that
everyone can
just assume
that as every
week goes by
from here on
that that's
another week
that is going
to be
impossible for
us to play
games."