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NBA SEASON DRAWS TO A CLOSE WITH LITTLE MOVEMENT ON NEW CBA
Published April 4, 1995
The NBPA's latest proposal would raise the NBA's salary cap from $15.9M to close to $27M and would drop the union's "take of revenues" from 57.5% last year to 50%. The "addition through subtraction" is made possible in "defined gross revenues, which are the launching pad for the present cap." The "key is what gets defined," writes Steve Bulpett of the BOSTON HERALD. Currently, ownership doesn't figure in the income from luxury suites, arena signage, and int'l broadcasting. Those were "in effect, tax free stashes for the league." Bulpett reports the new proposal also calls for a three-year limit on rookie contracts, and an end to restricted free agency. NBPA Exec Dir Charles Grantham: "It's time to look at the entire playing field. If we're truly partners, let's split it down the middle. If you look at the defined gross we had before, it allows for temptation to shift funds from one account to another. ... Teams may not have intended to do that, but it happened" (BOSTON HERALD, 4/2). NBA officials are "discouraged" by the latest proposal. NBA Deputy Commissioner Russ Granik said the issue is "what should the business appropriately play the players": "Obviously, we think we have been paying out a very fair proportion" (David Moore, DALLAS MORNING NEWS, 4/2). In Chicago, Lacy Blanks writes that Michael Jordan's return provides some "optimism." Hawks Guard Steve Smith: "Surely (owners) wouldn't lock out a Michael Jordan" (CHICAGO SUN-TIMES, 4/2).