It is a lockout and players wont be paid the owners are prepared to wipe the season
A small proportion of them.
Originally Posted by Larry Coon
Can NBA players play overseas during a lockout?
The answer to this one is "It's complicated." Stern said as far as he's concerned, the players can do what they want to do. But keep in mind, he's going to say that regardless -- he doesn't want to appear in any way to be trying to prevent the players from earning a living. Labor laws don't allow an employer to lock out its employees and prevent them from earning a living elsewhere.
Ultimately, it doesn't matter what Stern says or does -- the decision isn't up to him.
In order to play professionally overseas, FIBA (the organizing body for international basketball) requires a Letter of Clearance from the player's national organizing body. In the case of players from the United States, that's USA Basketball. The Letter of Clearance certifies that the player is free to sign a contract -- i.e., he has no other contractual obligations that would get in the way. An NBA contract is such a contractual obligation. Lockout or not, it's still an existing contract. So on the surface, an NBA player who's under contract would not be allowed to sign in any FIBA league. NBA free agents, on the other hand, can sign wherever they'd like.
But here's the rub -- we're getting into uncharted territory. FIBA has never found itself in this position before. FIBA could decide to alter or suspend its rule requiring a Letter of Clearance, or allow contracts to be signed so long as they contain language that says the contract becomes null and void immediately if the NBA lockout ends.
More likely, FIBA simply would stick to its existing rule, essentially punting the problem to the national organizing bodies. These bodies (such as USA Basketball) could decide to issue a Letter of Clearance notwithstanding the NBA lockout. Or they could issue a Letter of Clearance with a specific notation about the lockout -- essentially punting the problem right back to FIBA.
Finally, the NBA players could take FIBA and/or the national organizing bodies to court. The ability to block players in a lockout has never been tested through litigation, and once they're there, anything can happen.
If players under contract are cleared to play in Europe, will there be a mass exodus?
It's doubtful. For one thing, there simply aren't enough teams with enough open roster spots to accommodate 400-plus NBA players. And the ones who do sign overseas will likely make only a fraction of what they earned in the NBA. The Euroleague and other FIBA leagues simply can't afford to pay NBA players commensurate with the salaries to which they've grown accustomed.
So we will probably see a few head overseas, but certainly not a Who's Who of NBA players.
Currently...Exactly a small proportion of NBA players will be able/go to the Euroleague.
Its not only the owners, i was reading that something like 20 owners made a loss last year and will keep operating on a loss for years to come. The players have to realise that the money floating around on wages is ridiculous, this lockout appears that it is going to go on for a while, hopefully we get a shortened season at least but i doubt it.
Yep, I think they might concentrate it on the 2010-2011 season thoughI think the big question needs to be raised. Will there be an NBA 2K12?
Why is 57% too much? You keep saying it's too much and arbitrarily pluck 50% out of nowhere, but you haven't said why 57% is too much. People tune in to watch the players, why shouldn't they be entitled to 57% of revenues?I don't think its as simple as saying...bad owners who give bad contracts.
When you have provisions in the current CBA saying you HAVE to spend up to 95% of the preliminary cap, which is before luxury tax is imposed, you have no choice really.
doesn't mean u have to pay stupid contracts...but look at MLB. Its supply and demand. PLayers on the market who are mediocre get paid. Jason Werth got $120 ffs...and the dude came off his worst season ever.
The fact still remains that NBA players are the highest paid on average of any of the majors in America, they have by far the biggest slice of the pie as far as total revenue is concerned.
While Owners no doubt need to be more prudent financially, the players still need to realise the environment they are in with regards to the economic situation in the US. 57% of total basketball revenue is too much and it should be around the 50% mark which is the equivalent of other sports.
http://dberri.wordpress.com/2011/06/30/taking-a-look-at-the-numbers-behind-the-nba-labor-dispute/The simple takeaway from that table is that Player Salaries and NBA Revenues are growing exactly at the US inflation rate (score one for economists everywhere!). Team expenses are growing at a ridiculous five times that. The owners must know this. A new labor deal will not fix that.
Why is 57% too much? You keep saying it's too much and arbitrarily pluck 50% out of nowhere, but you haven't said why 57% is too much. People tune in to watch the players, why shouldn't they be entitled to 57% of revenues?
I just come back to this:
http://dberri.wordpress.com/2011/06/30/taking-a-look-at-the-numbers-behind-the-nba-labor-dispute/
So the reason that they shouldn't be entitled to the percentage they've previously negotiated is because no other salary cap league in the world has that? Brilliant logic there, nobody else does why should they? :roll:My reasoning is as I said before.
No other salary cap league in the world has 57%.
What has any other sports league got to do with the NBA? I couldn't care less about the MLB, NFL or even NRL when it comes to this situation. Each is different - the players association negotiated the 57% some time ago and if no sports' players association has had similar success with their respective leagues, why is that their problem?What, are you saying Basketball players are more of a product than other sports. If you are, then that's just stupid.
Why should basketball be worth 57% while all other sports have 50% and their leagues are profitable.
Look, I have no doubt that the league has its problems and there are certainly a few teams that are in a bad way. But to paint a picture that the majority of NBA teams (originally 22, now someone has said 28) are losing a lot of real money, when its in the owners' best ("tax friendly") interest to report "paper losses", it seems more than little underhanded to me.Hunter was referring to the accounting practice of amortizing certain assets related to the purchase of the teams themselves. These show up in the balance sheet, but there is little or no economic substance to the amortization. It does not represent actual money that is going out the door.
:lol::lol:Michael Beasley caught speeding and with half an ounce of ganja, lucky for him there's currently no substance abuse policy :lol: