I have to be honest; I thought that there was absolutely, positively no possible way to avoid a lockout, and I've thought that since the beginning of the season prior to this one. Props to the NBA and NBAPA for getting a deal done.
My take: bigger winner in this deal: THE PLAYERS. Not as big as the Owners win the last time around, but definitely, on the plus side.
Been gone for a week, so just now catching up with the new agreement.
I guess I would disagree with you Joe. I think again the owners won.
For a player signing a $10,000,000 contract with their same team, they will get $75,000,000, while in the old contract they could have received $96,250,000. This applies to sign and trade players as well. From an owners perspective you reduce your risk by one year, and save over $21,000,000.
For a FA signing with a new team, at $10,000,000 they will get $58,000,000 instead of $75,000,000. From an owners perspective you reduce your risk by one year, and save $17,000,000.
For a player signing a $6,000,000 contract with their same team, they will get $45,000,000, while in the old contract they could have received $58,000,000. This applies to sign and trade players as well. From an owners perspective you reduce your risk by one year, and save $13,000,000.
For a FA signing with a new team, at $6,000,000 they will get $35,000,000 instead of $45,000,000. From an owners perspective you reduce your risk by one year, and save $10,000,000.
The owners get one less year on rookie deals, which in reality doesn't mean much. They will reup for the 3rd year 95% of the time, but they do save on that 5%. Players don't get anything there.
Increase to the salary cap. Almost all the teams are over the cap anyway, and the vast majority will be over the new cap. If they are over the new cap they will not be able to sign FA's. I don't see a lot of additional money going to the players.
Escrow??? I don't know how much money the players paid into escrow anyway. If they didn't pay much then this really is a non issue. If they did pay, then dropping the % and increasing the point at which it kicks in will put money in the players pocket, but they are only going from 10% to 8%. The owners didn't give up much to save all the other money they saved.
Age limit??? I don't know if this really was good or bad for either side.
The think the owners won, and won big. This was also a set up for the next negotiation where they reduce contracts by one more year.