With the June 30 NBA CBA deadline looming, labor talks failed to yield an agreement yesterday, with the league offering the players no less than $2B in annual salary along with what league officials called a “flex cap” of $62M per team. NBA Commissioner David Stern said the $2B is what the player salary level is this year.
The union dismissed the league’s proposal and countered with a five-year offer to include a $100M annual salary decrease along with a reduction of the player’s share of basketball revenue to drop to 53.4% from the current 57% share. Stern said that while both sides will meet again on Friday, “the cupboard is getting barer and barer."
Below is a list of some of the participants in yesterday's CBA negotiating session in N.Y.:
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Jeanie Buss (Lakers)
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Spurs F Matt Bonner |
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James Dolan (Knicks)
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Lakers G Derek Fisher |
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Dan Gilbert (Cavaliers)
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Hawks F Al Horford
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Peter Holt (Spurs)
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Knicks G Roger Mason
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Larry Miller (Trail Blazers)
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Hawks C Zaza Pachulia
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| Robert Sarver (Suns) |
Spurs G Tony Parker
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| Bob Vander Weide (Magic) |
Hornets G Chris Paul
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Lakers C Theo Ratliff
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Bucks G John Salmons
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T'Wolves G Sebastian Telfair
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