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Hard Salary Cap Coming?
Posted: Wed Feb 25, 2009 1:45 am
by Mr. Sun
The N.B.A.’s system is broken, Falk says, and fixing it will require radical measures that almost guarantee a standoff in 2011, when the collective bargaining agreement expires.
“I think it’s going to be very, very extreme,” Falk said, “because I think that the times are extreme.”
How extreme? Falk said he believed Stern, the commissioner,
would push for a hard salary cap, shorter contracts, a higher age limit on incoming players, elimination of the midlevel cap exception and an overall reduction in the players’ percentage of revenue. And, Falk said, Stern will probably get what he wants.
“The owners have the economic wherewithal to shut the thing down for two years, whatever it takes, to get a system that will work long term,” he said in an extensive interview to discuss his new book. “The players do not have the economic wherewithal to sit out one year.”
http://www.nytimes.com/2009/02/23/sport ... ref=sports
Re: Hard Salary Cap Coming?
Posted: Wed Feb 25, 2009 3:06 pm
by Miklo
More like "Lockout Coming"
This sounds like the language that usually takes place before a lockout...the players are not able to sit out one year? How'd that work out for you last time?
Basically the NFL is looking at a pretty tough time reneg'ing the agreement and so are we.
Its getting to the point in pro sports where its tough to make owning a franchise economically viable, so look out for some serious stuff to go down when this all hits the fan.
Re: Hard Salary Cap Coming?
Posted: Thu Feb 26, 2009 1:19 am
by Heat3
the current system is too complicated. there should be a hard cap and no guaranteed contracts. there needs to be a minimum cap too so cheap owners don't try to behave like the florida marlins.
Re: Hard Salary Cap Coming?
Posted: Thu Feb 26, 2009 2:47 am
by garrick
Player contracts have gotten overblown and it's about time that they come back down. However I would want Stern to take a considerable reduction in salary as well and it's only fair that if the players are going to get less so should the commisioner.