Blog Entry

Players, owners approve CBA

Posted on: December 8, 2011 5:12 pm
Edited on: December 8, 2011 6:47 pm
 
NEW YORK -- NBA players and owners on Thursday approved a new collective bargaining agreement, formally ending the five-month lockout and paving the way for training camps and an already rampaging free-agency period to open.

The players voted via email from 6 p.m. ET Wednesday until 4 p.m. Thursday and the deal was approved by 86 percent of the more than 200 players who participated -- less than half the union membership. The owners' Board of Governors, with representatives from all 30 teams, approved the deal at a meeting Thursday in Manhattan by a vote of 25-5, commissioner David Stern said.

As a result, the lockout will be lifted, training camps will open as scheduled, and the free-agent and trading period officially will begin at 2 p.m. ET, sources said. The league will begin a 66-game regular season, the second season shortened due to a labor dispute in NBA history, on Christmas Day.

Also on Thursday, owners finalized their new revenue sharing plan by which big-market teams -- particularly the Knicks and Lakers -- are expected to kick in a substantial portion of what will be at least a quadrupling of the previous revenue-sharing pool. According to executives familiar with the details of the plan before it was finalized, the league was expected to incorporate some new sources of revenue that would be shared. Of paramount importance to small- and mid-market teams, market size was expected to be considered as much as or more than a team's financial performance in a given year, sources said.

Comments

Since: Jul 24, 2011
Posted on: December 8, 2011 8:41 pm
 

Players, owners approve CBA

I really wish the new CBA had come with a hard cap.  Both sides were far more interested in winning battles than solving the problem.  Excuse me, the most important thing to them was posturing in the media.  Then came, winning the fight, regardless of what it was about, or if it was in they're own best interest.  This entire fiasco was an incredible waste of time just so they could throw something together at the last minute.  A hard cap was obviously the most crucial element of the entire CBA and both sides head their heads so far up their own asses that they didnt make it a priority.  Basketball is back for a handful of cities, hooray!



Since: Oct 10, 2011
Posted on: December 8, 2011 7:26 pm
 

Players, owners approve CBA

Im an NBA fan. This is a good news!



Since: Oct 10, 2011
Posted on: December 8, 2011 7:24 pm
 

Players, owners approve CBA

Im an NBA fan. This is a good news!



Since: Aug 26, 2011
Posted on: December 8, 2011 6:20 pm
 

Players approve CBA

booo cancel the season




Since: Sep 19, 2011
Posted on: December 8, 2011 6:14 pm
 

Players approve CBA

YEAHHHH !!!  Now the gang bangin' hood rats have jobs again !  Who cares...
For someone who don't care, you went out of your way to read this article. Now I doubt that every NBA player are gangbangers, Oh sure there are few that are.


I am glad that the player approve the CBA, I hope that it's a long contract so we don't have to deal with this again for a long time.



Since: Apr 14, 2011
Posted on: December 8, 2011 6:10 pm
 

Players approve CBA

Oh well... All good things (NBA lockout) must come to an end.   Professional basketball's operations from July to November were the best I have ever witnessed.  I enjoyed this time where there were no stories about poor officiating, fixed games, controversial calls, phantom fouls, discussion of moot questions like "Is Kobe better than Harold Miner" etc.   If the owners are cuckolded into ratifying this deal, good TV programming, internet bandwidth and newsprint will be pushed away for this [stuff] most of us could do without.  If both sides really were concerned about the well-being of the fans, they would have canceled the season. Unless there is a guaranteed Clippers-Raptors finals, I won't follow the association.  Otherwise, I wish these morally bankrupt millionaires and billionaires would just go away.



Since: Jul 26, 2009
Posted on: December 8, 2011 5:50 pm
 

Players approve CBA

Good news. Npw hopefully the owners don't have a change of heart.



Since: Apr 15, 2008
Posted on: December 8, 2011 5:48 pm
 

Players approve CBA

Obviously you both care deeply, that is why your commenting. Who are these "gang bangers" you speak of? They are professional athletes. At least Dieter got it right, no one can afford to go TO ANY SPORT, not just the NBA. Better to sit home in the comfort of your own home and watch anyways. Luckily, NBA arenas only need to have 15-18,000 people for the most part to be successful, which is easily attainable. 

I had a weird feeling this deal might not get done, glad it did..Looking forward to free agency, training camps and the season. !!!! 



Since: Sep 19, 2007
Posted on: December 8, 2011 5:38 pm
 

Players approve CBA

YEAHHHH !!!  Now the gang bangin' hood rats have jobs again !  Who cares...



Since: Nov 5, 2006
Posted on: December 8, 2011 5:27 pm
 

Players approve CBA

The NBA?  Who cares!  Just another group of whining, overpaid jerk-0ffs.  They didn't learn a thing from the NFL lockout.  Pay me more, pay me more!  Not many can afford to go to the games in any sport any more.


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