Bio • Email • Archive
 

Some movement in NBA talks?

Well, the league's deadline to accept its revenue offer has come and gone, and both sides are still talking. Actually, the players have signaled a willingness to consider the proposed 50-50 revenue split, which is what got both parties back to the table - for how long no one knows. From the NYT:

The union's offer to accept the 50-50 split was conditional on the owners compromising on some proposed free-agency restrictions. The league wants to ban luxury tax-paying teams from executing sign-and-trade deals and from using the full midlevel exception, worth $5 million. The union fears that those rules, combined with a more punitive tax, would strangle the free-agent market.

You never know in labor talks, but they could be reaching a critical stage. If the players and the owners are unable to reach a deal soon - or at the least have the framework of a deal - a good chunk of the season might be in jeopardy.


More by Mark Lacter:
Barry Diller's many paychecks
Say hello to the marijuana vending machine - and it's made in California
Good tip for job candidates: Always ask questions
Former Calpers CEO charged with fraud*
The Walmart story that everyone is talking about
Recent Sports stories on LA Observed:
Friday morning headlines
Dodger sale approved
*LAT: MLB raising objections to Dodger deal
Friday morning headlines
Thursday morning headlines

New at LA Observed
Follow us on Twitter

On the Media Page
Go to Media
On the Politics Page
Go to Politics

LA Biz Observed
Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner


Advertisement
LA Observed on Twitter and Facebook