Deal On The Table Until Wednesday


Once again the NBA owners and players sat down Saturday and once again the two left a meeting without a deal accepted.

However, this time the NBA owners decided to play hard ball and offered the players a 51-49 BRI split that they have until Wednesday to accept or else the offer would be raised to a 53/47 split in favor of the owners and a flex cap.

The two groups met with a federal mediator, who offered six different recommendations and the owners chose five and would have them written up by Sunday. To be fair to the players the split that the owners offered seemed like it would be tough for the players to reach 51 percent. This move may make the players decertifying the union and then file an antitrust case against the league.

Owners Michael Jordan and Paul Allen were in attendance and both are among the group of owners that don’t want to give the players more than 47 percent BRI. Kind of funny, considering 13 years ago during the 1998 lockout Jordan was the main catalyst on the other side of the table.

Other items that were discussed were the rules geared towards the luxury tax and also the midlevel exception.

 

Tags: Michael Jordan NBA Lockout Paul Allen