Wondering why there are no details yet from the deal that eventually ended the NBA lockout after 149 days? That’d be because the league and players are purposefully keeping them under wraps while lawyers from each side work out a settlement to the players’ anti-trust lawsuit against owners. At that point, the National Basketball Players Association will be reformed and the collective bargaining agreement will be ratified.
NBA Lockout Deal Remains Mysterious Aside From Revenue Split
Somewhere in there, the details will spring out. We already know that players agreed to a revenue split centered on 50 percent -- that means that players’ aggregate salaries will be 50 percent of the league’s basketball-related income. In the old deal, that figure was 57 percent. The actual mechanics of how the split will be determined remains unknown; a 49-51 band has been discussed in the past, which would allow players to earn a bigger aggregate figure if the league’s revenue exceeds projections.
The last days of the lockout have been spent fighting over specific salary cap system issues. It remains unclear how those were resolved, though players’ union VP Roger Mason told SI.com’s Sam Amick that the “owners rectified” the players’ specific issues. Those issues included use of the full mid-level exception for teams over the luxury tax threshold and the amount of salary to be withheld in escrow to assure that the aggregate players’ salary level is not exceeded.
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