HoopsHype CBA rumors

September 21, 2012 Updates

While the future of NBPA executive director Billy Hunter, president Derek Fisher and several members of the executive committee whose seats will be up for election is unresolved, the conference calls Thursday were mostly devoted to standard union business. NBPA officials briefed players on the new annuity program adopted for retired players in the new colletive bargaining agreement, the distribution of licensing money and discussions held last week by the newly revamped competition committee on several issues, including flopping. The competition committee continued to discuss flopping and what to do about it, but formulated no recommendations to be brought to the Board of Governors for approval, sources said. CBSSports.com

September 20, 2012 Updates

According to a memo obtained by SI.com, the "Summer Meeting" was initially scheduled as an in-person affair at a hotel at Chicago's O'Hare airport. A follow-up memo was sent indicating that a conference call was preferable to most players and it detailed a fairly innocuous to-do list for the session. "We will provide an update of current union business and cover matters including the distribution of 2011-12 group license funds, implementation of the new annuity program, and proposed rules changes from the competition committee," the memo read. SI.com


"A lot of players don't have the information, like 'What's going on?' " Dudley, the Suns' team representative, told SI.com recently. "Derek Fisher wanted an audit. He wanted to know what's going on with the money and all of that. From the inside -- and I'm on the inside with the players -- it sounds fishy after the lockout that you want our president to leave, a president who's auditing the head chairman. "So that right there smells wrong. I'm not up to speed 100 percent with what went on. And the reason that I'm not 100 percent up to speed is because I feel like there's been no information [given out]. I think that's a plan for the NBPA and how they want to handle it internally, and that's fine." SI.com

August 22, 2012 Updates
August 9, 2012 Updates

The Goon Squad Classic II has been cancelled. The second-annual charity game organized by Donté Greene was set to tip-off tomorrow evening at Cosumnes River College. However, the former Kings forward and his Circle of Success foundation received word from the NBA that players would face heavy penalties for their participation. “Just got word from NBA (league) office,” said Greene in a series of tweets, informing fans of the news. “(Due) to stipulations in the new CBA the charity game has been canceled. Any players who play without prior league approval face suspension and fines. We are saddened by this news and apologize for any inconvience this may cause.” Cowbell Kingdom

July 24, 2012 Updates
July 19, 2012 Updates
July 18, 2012 Updates

After Bosh bolted for South Beach the team was force to rebuild and this summer marked the first time they have flirted with big name free agents. “We were in a situation the last two years where we were building to this point,” Colangelo admitted this week. “This summer we wanted to accelerate forward. I think the combined moves of the addition of the two draft picks, the addition of a key free agent, the acquisition of Kyle (Lowry), this is all kind of that next step in the evolution of our team.” HoopsAddict.com

While Toronto may be rebuilding slowly, this summer some teams are trying to remove bad contracts, debating if they should match big deals or weighing the impact of making a bold move via a trade. So, in many ways, how an NBA team approaches the new CBA depends on where the team stands in regards to how competitive they plan to be during the upcoming season. “Every franchise is really at a different stage,” Colangelo explained. “The impact of the new CBA, though, has really thrown some interesting scenarios out there, especially with the amnesty provision and with some of the new tools available with sign-and-trades as you can see with some of the contract offers given to restricted free agents.” HoopsAddict.com

July 3, 2012 Updates

Miami Heat owner Micky Arison is thrilled the team won the NBA title, but he says he’s hardly ringing up the cash register. Arison told CNBC that the final numbers aren’t in yet, but his guess is that the team lost money again. CNBC

“This is a hobby of passion, it’s not a business,” said Arison, the CEO of Carnival Cruise Lines who took control of the team in 1995. “Every year in the building we’ve lost money aside from last year, under the old Collective Bargaining Agreement, because of LeBron.” CNBC

The Heat have been playing in American Airlines Arena for 12 seasons. They also haven’t ever paid rent thanks to loopholes in the agreement with Miami-Dade County including a clause that allows the team to pay itself back for its contributions to the arena’s cost before sharing the wealth. So how does Arison explain how the team might have lost money after selling out its second straight season and 13 home playoff games? “With the new Collective Bargaining Agreement, it works against us because of the dollars we had under contract already and the revenue sharing,” Arison said. CNBC

June 22, 2012 Updates

Under the CBA ratified by owners and players in December, the salary cap and luxury tax threshold cannot go lower in 2012-13 than their levels in the first year of the deal -- $58 million and $70.3 million, respectively. Despite a robust post-lockout recovery that included salvaging all $900 million or so of the league's national broadcast revenues, sources familiar with the NBA's finances believe overall revenues did not increase enough in 2011-12 to push the cap and tax significantly beyond current levels until 2013-14, the first season under a more punitive luxury tax designed to rein in big-spending teams. CBSSports.com

League executives expect the spending gap between the top and bottom to narrow as the effects of the new CBA kick in, beginning in 2013 -14 with vastly more onerous luxury-tax provisions. Indeed, some of the financial reset is expected to phase in during free agency this summer as teams position themselves to comply with the new guidelines and new player contracts begin to converge with old ones on teams' salary books. CBSSports.com

May 24, 2012 Updates

The pivotal arbitration showdown between the NBA Players Association and the NBA over the Bird rights of waived players is expected to take place in mid-June, according to a source with knowledge of the negotiations. The result of that hearing will be of utmost importance for the New York Knicks. ESPN.com

May 19, 2012 Updates

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