Jump to content
The Official Site of the Calgary Flames

Archived

This topic is now archived and is closed to further replies.

Pyromancer

NBA Lock-out

Recommended Posts

Official Release From NBA

NEW YORK -- The National Basketball Association announced that it will commence a lockout of its players, effective at 12:01 am ET on July 1, until a new collective bargaining agreement is reached with the National Basketball Players Association.

"The expiring collective bargaining agreement created a broken system that produced huge financial losses for our teams," said NBA Deputy Commissioner Adam Silver. "We need a sustainable business model that allows all 30 teams to be able to compete for a championship, fairly compensates our players, and provides teams, if well-managed, with an opportunity to be profitable."

"We have made several proposals to the union, including a deal targeting $2 billion annually as the players' share -- an average of approximately $5 million per player that could increase along with league revenue growth," said Silver. "Elements of our proposal would also better align players' pay with performance."

"We will continue to make every effort to reach a new agreement that is fair and in the best interests of our teams, our players, our fans, and our game."

During the lockout, players will not receive their salaries; teams will not negotiate, sign or trade player contracts; players will not be able to use team facilities for any purpose; and teams will not conduct or facilitate any summer camps, exhibitions, practices, workouts, coaching sessions, or team meetings.

The well-known saying "For The Love Of The Game" is rapidly becoming "For The Love of Money For Playing The Game".

Is the NHL doomed to a similar scenario when negotiations for the next CBA agreement take place?

There needs to be serious changes from both the owners & players perspective for the NHL going forward.

An example to illustrate what the current CBA allows. :rolleyes:

Christian Ehrhoff Signing With Buffalo

10-year deal worth $40 million. The contract includes a no movement clause; as well as a modified no trade clause.

Year 1: $8M Signing Bonus + $2M salary = $10M

Year 2: $5M Signing Bonus + $3M salary = $8M

Year 3-6: $4M;

Year 7: $3M;

Year 8-10; $1M

And a quote just because. :unsure:

"My goal is to win the Stanley Cup, and after the offer I received from Buffalo, I believe this is the best place to make it happen," Ehrhoff said.

Share this post


Link to post
Share on other sites

I follow the NBA and I am a fan of the Orlando Magic. After this summer/fall though I am seriously questioning even following this league at all. With Orlando's star player wanting out and dictating his trade to the point of really messing the Magic over it appears, not to mention the whole lockout, the attitude by players is almost unbareable. Does anyone else feel this way or is it just me?

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...