SBD/2/Leagues Governing Bodies


     The labor agreement between the NBA and its players, which
is now before the union membership for ratification, would bring
the players $80M in "additional money" over the term of the five-
year deal, according to the WASHINGTON POST.  The players would
receive an extra $50M in pension money, $28M the sale of the
union logo, and 50% of profit-sharing revenue above $36M in the
league's TV contracts with NBC and TNT.  In addition, the players
gained revised salary cap rules allowing for more player
movement, "financial independence" for the NBPA, and placement of
the union logo on merchandise and at events such as All-Star
Weekend.  In exchange, the NBA's annual draft will remain at two
rounds.  Also, the league can "recoup" as much as $21M of the
$28M in logo fees, "if the players' share of licensing revenues
reaches certain levels."  NBA Commissioner David Stern declined
to discuss specific terms, but he did call the give-back of the
second round "part of the trading."  Unchanged from last summer:
Unrestricted free agency; 50-50 split of other revenues; increase
of players' group licensing to $25M; rookie wage scale; increased
minimum salaries (Mark Asher, WASHINGTON POST, 7/2).
     HOOPS NOTES:  The Supreme Court has refused to revive former
ABA player Joe Caldwell's antitrust suit against the now-defunct
league.  Caldwell had alleged the ABA conspired to keep him out
of the league because of his role as head of the players
association (AP/N.Y. TIMES, 7/2)....Shaquille O'Neal denied
statements by his agent, Leonard Armato, that he might not have
played in Atlanta if not properly insured.  O'Neal:  "Leonard
said that; I'm not Leonard.  I call the shots" (WASHINGTON POST,
7/2)...."NBC Nightly News" noted a survey shows basketball is the
most dangerous sport in America, producing 694,000 injuries last
year, followed by cycling, football, skiing, skating and baseball
(NBC, 7/1).
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