Do Owners still have to pay players under contract?

turk3d
RealGM
Posts: 36,652
And1: 1,278
Joined: Jan 30, 2007
Location: Javale McGee, Dubs X Factor

Do Owners still have to pay players under contract? 

Post#1 » by turk3d » Thu Dec 9, 2010 6:55 am

This may have already been asked in another thread, but if the Owners are the ones who initiate a lockout, are they still obligated to pay players who are under contract next year? I would think they are. IMO it would only be if the players went on strike, that they owners wouldn't have to pay.
Draymond Green: Exemplifies Warrior Leadership, Hustle, Desire, Versatility, Toughness, fearlessness, Grit, Heart,Team Spirit, Sacrifice
Image
killbuckner
RealGM
Posts: 13,088
And1: 0
Joined: May 27, 2003

Re: Do Owners still have to pay players under contract? 

Post#2 » by killbuckner » Thu Dec 9, 2010 2:03 pm

In a lockout the players do not get paid.
turk3d
RealGM
Posts: 36,652
And1: 1,278
Joined: Jan 30, 2007
Location: Javale McGee, Dubs X Factor

Re: Do Owners still have to pay players under contract? 

Post#3 » by turk3d » Thu Dec 9, 2010 4:24 pm

Wow. Then that must be specifically spelled out in the CBA agreement.
Draymond Green: Exemplifies Warrior Leadership, Hustle, Desire, Versatility, Toughness, fearlessness, Grit, Heart,Team Spirit, Sacrifice
Image
killbuckner
RealGM
Posts: 13,088
And1: 0
Joined: May 27, 2003

Re: Do Owners still have to pay players under contract? 

Post#4 » by killbuckner » Thu Dec 9, 2010 6:08 pm

No... thats just how federal labor law works in the US.
turk3d
RealGM
Posts: 36,652
And1: 1,278
Joined: Jan 30, 2007
Location: Javale McGee, Dubs X Factor

Re: Do Owners still have to pay players under contract? 

Post#5 » by turk3d » Thu Dec 9, 2010 6:33 pm

Then I guess contracts aren't worth the paper they're printed on? This brings me to my second question. Maybe it's already been discussed but in the new CBA when reached, what is the likelihood that teams and they're current contracts will be grandfathered in, regardless of what the new agreement is (ie, a team which is over the cap but is under the tax)? If after the new agreement they go over the tax (but were under during the old) will they now have to start paying tax based on the new numbers? After I get the answer to this, it will lead me to my third question which is what I'm driving toward. Thx.
Draymond Green: Exemplifies Warrior Leadership, Hustle, Desire, Versatility, Toughness, fearlessness, Grit, Heart,Team Spirit, Sacrifice
Image
killbuckner
RealGM
Posts: 13,088
And1: 0
Joined: May 27, 2003

Re: Do Owners still have to pay players under contract? 

Post#6 » by killbuckner » Thu Dec 9, 2010 7:11 pm

Personally I would be surprised if existing contracts had any rollbacks though I know other people expect contracts to be rolled back to some degree. It all comes down to what can be collectively bargained. As an example in the NHL the players agreed to roll back existing contracts and it was perfectly legal because it was collectively bargained.

They would have to start paying the tax based on the new numbers. (thats assuming there even is a luxury tax in the new CBA) Basically the CBA sets the new rules and they can do pretty much whatever they want as long as both sides agree to it. But remember if the rules change then they could allow for exceptions to the luxury tax like they did with the luxury tax amnesty to help with the transition.
turk3d
RealGM
Posts: 36,652
And1: 1,278
Joined: Jan 30, 2007
Location: Javale McGee, Dubs X Factor

Re: Do Owners still have to pay players under contract? 

Post#7 » by turk3d » Thu Dec 9, 2010 8:13 pm

That's kind of what I was thinking, thanks for the answer KB.
Draymond Green: Exemplifies Warrior Leadership, Hustle, Desire, Versatility, Toughness, fearlessness, Grit, Heart,Team Spirit, Sacrifice
Image

Return to CBA & Business