Flip Up End Caps

NBA Breakdown: CBA Talk, Revenue Sharing, Salary Caps and Lockouts

We all realize a lockout is coming to the NBA once the current Collective Bargaining Agreement (CBA) expires at midnight on June 30. Seeing that the two sides—the owners and the players—are still very far apart on negotiating the next CBA, there is an excellent chance a lockout could extend into the 2011-12 season which would normally start the last week in October.

The last time we had a work stoppage in the NBA due to prolonged CBA negotiations was the 1998-99 season, when we lost 32 games and the All-Star Game, resulting in a 50-game season with lots of unpopular back-to-back-to-backs.

If you’re confused what exactly is going on with the CBA negotiations and why a lockout seems imminent, possibly erasing an entire season of basketball much like how the NHL lost the entire 2004-05 season due to negotiations, this article will help simplify a lot of the issues.

The CBA is simply an agreement the players and owners come to every five years or so that determines things such as how much teams are allowed to spend (salary caps, luxury tax, etc.), how much players are allowed to get paid (maximum and minimum salaries, length of contracts), and how the two sides share the revenues of the league. The CBA was also involved a few years ago in player dress codes and the no-more-high-schoolers-in-the-draft rule. All of these things were agreed upon by the two sides, although there is obviously a lot of give and take. Usually the two sides sit down for a little bit, play some hardball, realize they’re not that far apart on what they want, and then agree on something similar to the last CBA with a few new caveats. The current problem is that the owners want to radically change the existing CBA because they claim to be losing tons of money under the current deal, whereas the players want it to remain very similar to what they’ve been operating under since 2005 and claim that the owners are fudging the numbers. If they can’t come to an agreement by this Friday—which looks likely considering how far apart the sides are—there will be a lockout until a new CBA is signed. The three major issues being debated between the owners and the players are a) how to divide league revenues between the two sides, b) using a “hard cap” versus the current “soft cap” for team salaries, and c) whether or not to continue guaranteeing player contracts.

The largest issue being discussed is that of revenue sharing. Currently, the players make 57% of all Basketball-Related Income (BRI) in the NBA (quick and approximate clarifying math: NBA BRI in 2009-10 was around $3.65 billion, 57% of which is about $2.1 billion. Divide that by 30 teams then divide it again by about 13.5 players per team and you get $5.2 million, which is pretty close to the league’s average player salary.). You order tickets, you watch games on TV, you pay for parking and a beer, you buy jerseys – 57% of that goes to the players and the remaining 43% goes to the owners.

Pushing Furniture: Surfing Craigslist

I have no real updates today, since I'm in the middle of like fourteen different things and none of them are truly finished yet (story of my life).  I very nearly posted an old coffee table on Craigslist this morning that I've been moving around the house for like 8 years, unable to use it, but unable to part with it...until it dawned on me that I could take it apart and make it into something new!  I'm sketching out plans today; and meanwhile, I got sucked into Craigslist, and since misery loves company, I thought I'd share some nifty finds... Oh. My. God.  Have I ever mentioned that I ADORE barrister bookcases?  Only $120! Solid oak, functional doors and the glass looks to be in great shape.  This one's all one piece - originally these were designed to be moved while full of lawbooks and documents, one section at a time, if need be, and several would be stacked on top of one another. The glass doors on this one flip up and slide back on top of each shelf, out of the way. Good bones on this fan.  All-black is a bit much for my purposes (craft room, office, bedroom), but it's much easier (and safer) to start with a base in a metal color you like and change the blades and sconces, rather than the other way around. (You can spray-paint the motor housing, but good luck making sure the overspray doesn't get in there and screw up the motor).

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