HoopsHype CBA rumors

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

Previously, and for what seems like the last 25 years, rules changes were the exclusive domain of the league’s general managers. Owners and coaches were not a part of the process. Unless the GMs wanted to make a change, it never got to a vote. But in recent years, that system had not been working for Stern. So he ordered the change. This was a commissioner-driven production, even though the league made it a point to announce that its owners called for the change. According to ownership sources, they did, but only after Stern first went to them and told them he wanted a new, smaller committee that would implement the changes he is seeking before he retires. He has told friends he’s probably going to step down after two more seasons. New York Daily News

May 18, 2012 Updates

According to Coon, the Kings were projected to be losing $15-16 million under the previous collective bargaining agreement. But by year three of the new CBA: …instead they would turn a small profit. So it would make them profitable if they’re well managed, which for a team that’s really been in financial dire straits for a little while, this could make a big difference. Cowbell Kingdom

May 6, 2012 Updates

Cuban seemed to be saying that the biggest obstacle in the Mavericks’ bumpy title defense is the CBA that was negotiated in early December, at a time when it appeared the season was in jeopardy because of the prolonged labor impasse. “If you want to nail me for something, I’ll be the first to admit that it was a huge [expletive] that I didn’t fight for the new [CBA] harder,” Cuban said. “I said it before, I’ll say it again. It put us and other teams in a bad spot, and it was an overnight handshake deal that I should have fought harder. I’m the first to say that. “That was my mistake, because once that thing passed, our hands were tied in a lot of respects. But within that, we did the best we could.” Dallas Morning News

May 5, 2012 Updates

Even with his defending NBA championship team on the verge of first-round elimination, Dallas Mavericks owner Mark Cuban had no regrets about his post-lockout decision not to retain the core of last season's team. "If you want to nail me for something, I'll be the first to admit that it was a huge (expletive) that I didn't fight for the new (collective bargaining agreement) harder," Cuban said before the Mavs attempted to avoid being swept by the Oklahoma City Thunder in Saturday's Game 4. "I said it before, I'll say it again. It put us and other teams in a bad spot, and it was an overnight handshake deal that I should have fought harder. I'm the first to say that. "That was my mistake, because once that thing passed, our hands were tied in a lot of respects. But within that, we did the best we could. And we're not out of it yet." ESPN.com

Cuban, who was confrontational and critical of the media for not studying and fully understanding the complexities of the new CBA, claimed he hasn't had any second thoughts after not offering a long-term deal to Chandler, who was widely recognized as the Mavs' emotional leader last season and won the NBA's Defensive Player of the Year award with the New York Knicks this season. "Oh, hell no. No, no, no, nope," Cuban said when asked if he has second guessed himself. "Not even a millisecond. Because those that are talking otherwise haven't read the CBA, like I know you guys haven't, and are just talking out their ass without any foundation." ESPN.com

March 1, 2012 Updates

The 10-year agreement in which the players gave back approximately $3 billion combined includes a mutual opt-out after six years that is almost certain to be exercised by one or perhaps both sides, meaning the next round of negotiations will take place in 2017. Some players and agents will shrug at this reality, the fact that their top leader appears safe no matter how low his approval rating goes. Yet others are privately resentful, angered by the idea that he still leads the union, and are determined to keep the target on his back. "You'd have to ask the people who supposedly put it on there, whether or not it's still on there or not," Hunter told SI.com. "I don't even think about that. I do my job. I'm under contract. That's it. I don't take it personally. People have a right to their opinions. SI.com

"I try to be pretty insular. I have friends, people that I confide in, people I trust. And that's what I do. I know a lot of this is motivated by other folks, so I don't let it bother me. I couldn't care less." Now that the long nights in hotel conference rooms are over and NBA commissioner David Stern is again a friend rather than a foe, there is plenty that pleases Hunter. "I'm trying to spend as much time as I can with my grandchildren," he said. "I don't know how much more time I got left on this planet, so I don't think that far ahead. I'm hoping that I can get these four [years] in." SI.com

January 22, 2012 Updates

Stern: I've never found NBA owners to be deferential. I never considered them to be reliant. All that I do is knock myself out to represent their interests the best way I can and sometimes tell them, as part of my job, what they don't like to hear. And I would say that there was a fair amount of that going on as it related to the sea change that we have effectuated with this collective bargaining agreement and the attendant revenue sharing. And I would say that there were probably more unhappy owners in connection with these two arrangements than at any time in my tenure as commissioner. But it doesn't change what I do, which is to tell them what I think is the right thing and then work hard to secure it. Because if I didn't give them my full [opinion], or if I just did what was easy or convenient, then I wouldn't be doing the job. And I've never done that. Orlando Sentinel

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