Sixers Runaround: NBA Lockout updates

 Posted by at 12:35 pm
Jul 312011

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NBA lockout: Management, union to resume talks Monday

July 31 Detroit Free Press

NBA officials and locked-out players are expected to resume labor talks Monday for the first time since June 30. Commissioner David Stern and National Basketball Players Association executive director Billy Hunter are expected to lead their respective sides.  The lockout began July 1, leaving rookies and free agents wondering about money and their futures.  In 1998, a labor impasse reduced the season to 50 games. Some of the issues this time are a firm salary cap, an increase in basketball-related revenue for the league and reduction in players’ salaries. The players have offered to reduce their share of revenue to 54.3%.

NBA postpones rookie transition program

July 27

The NBA Rookie Transition Program, scheduled for August 9-11, has been postponed. The program, which provides first-year players with the skills and information necessary for a successful transition to the NBA, is run jointly by the NBA and the Players Association. ”

NBA’s labor issues harder to reconcile

July 26 Chicago Tribune

If the NBA lockout were to last as long as the NFL’s four-moonth version, it would run until Nov. 13.  That’s 12 days after the Bulls are currently scheduled to open their season against the defending champion Mavericks in Dallas, a marquee game that would disappear in favor of a new schedule should the lockout force any regular-season cancellations.  Coincidentally, that’s also two days before most NBA players’ first paychecks arrive in a normal season. And make no mistake, league officials’ strategy for now is not to get serious about negotiations until pain hits players’ pocketbooks.

NBA releases 2010-11 audited revenue figure

July 24

The NBA sent out a press release late Friday that included the 2010-11 season audit of all Basketball Related Income (BRI) and player compensation. Results: Holy mother of money.  The league says:  BRI increased by 4.8 percent from $3.643 billion in 2009-10 to $3.817 billion in 2010-11.  Total player compensation also increased by 4.8 percent from $2.076 billion in 2009-10 to $2.176 billion in 2010-11. This marks the sixth consecutive season that player compensation increased under the expired CBA.

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