Tuesday, December 6, 2011
After tense months of waiting and wondering when the NBA would come to an agreement to please fans,players and even themselves.This fight was obviously all over money and the owners got more of it. The owners claimed they lost $300 million last season and with the new 50/50 split, they'll have a chance to make back every penny of those losses with the owners winning 3 billion over the 10 year deal. The owners also got their way on nearly every other big issue like the mid-level exception, revenue sharing, and luxury tax, but the main victory was the split of the BRI. This doesn't mean the players didn't get anything, they won on smaller issues like the minimum team salary and escrow, but as predicted here in October, the owners had all the leverage and used it to get 90% of what they wanted.