SBD/7/Leagues Governing Bodies

NBA WANTS A LID ON SALARY CAP; GRANTHAM TO MAKE NEW OFFER?

     One of the "major obstacles" in negotiations for a new CBA
between the NBA and the NBPA is "the league's effort to tighten
the salary cap by limiting how much a team is permitted to pay
its own free agents upon re-signing them," according to Peter
Vecsey in this morning's N.Y. POST.  Teams can now re-sign
veteran free agents for as much as they want, without it
affecting their cap.  The league wants to impose a 100% ceiling
preventing the "glaring exceptions" which cause teams to exceed
the cap.  NBPA Exec Dir Charles Grantham admitted that the issue
is one of the "bulkiest in the negotiations."  Grantham said he
would make a counter-proposal shortly after reading the financial
information provided by the league (N.Y. POST, 3/7).
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