NBA Lockout Over?
The NBA and the Players Association has finally reached somewhat of a deal, ending the five-month lockout.
After 16 hours of negotiations on Friday, both sides reached an agreement and shook hands a little after 3 am ET.
Players will vote no later than the middle of next week. Both sides must still get a majority vote from the 29 owners and 450 players to finalize the agreement.
NBA commissioner David Stern said:
“The reason for the settlement was we’ve got fans, we’ve got players who would like to play and we’ve got others who are dependent on us. And it’s always been our goal to reach a deal that was fair to both sides and get us playing as soon as possible, but that took a little time.”
Stern and Billy Hunter, the leader of the players’ union, announced at a joint news conference that a tentative agreement had been reached. The league plans to begin the 2011-12 season on Christmas Day with regular games that include the Los Angeles Lakers playing against the Chicago Bulls.
Merry Christmas! Read more..
Honestly though, does anyone really care about the NBA anymore? I mean how terrible is it to not only have to sit and wait for a delayed season but then deal with rising ticket prices.. all while millionaires and billionaire team owners fight about profit sharing and minimum salaries? To me, it just shows the serious disconnect professional athletes have with their fans.
People are worried about how they are going to afford to celebrate Christmas this year, so who really cares about salary caps or luxury taxes?
I’d say right now the NBA has no redeeming qualities— but what do you think?