Updated Friday at 9:55 a.m.: As promised, it's official. NBA owners locked out the players at 12:01 a.m., throwing next year's season into jeopardy.Rico says that, of all the sports he cares little about, basketball is the least of them... (Though he has friends and family who will, undoubtedly, miss it.)
We hope everyone likes NHL hockey, because next fall that may be the only major professional sport on American television.
NBA owners are set to lock out their players at midnight, after the two sides were unable to reach a new collective bargaining agreement. (NFL owners, likewise, locked out their players earlier this year, putting professional football's upcoming season in jeopardy.) The soon-to-be-official NBA lockout will mean that all league business is officially on hold, beginning with the free agency period that was set to open on Friday.
If history is any guide, a portion of the next regular season could also be lost: the last NBA lockout cut the league's 1998-99 regular season down to fifty games,from the usual 82.
The New York Times has more on the sticking points:
There is little hope for a speedy resolution this time, with owners seeking a major overhaul of the league’s economic system and players resisting any significant changes. The parties have hardly moved from their positions in the last 18 months of talks. Owners are insisting on a hard salary cap, shorter contracts and up to a 38 percent reduction in player salaries — which would represent the most dramatic changes to the system since the league first adopted the so-called soft salary cap in 1984.
01 July 2011
Not that Rico cares...
Josh Voohees has an article at The Slatest about the NBA lockout:
No comments:
Post a Comment
No more Anonymous comments, sorry.