2011 CBA: the player`s remaining salary and cap can be stretched to double the number of seasons remaining in the contract, plus one (for example. B the salary and cap of a player who will not be retained with two remaining seasons can be spread over five seasons). This is exclusively at the discretion of the team, but only applies to contracts signed under the 2011 CBA. 2011 CBA: No more than 50% of taxpayers` money can be paid exclusively to teams that do not pay taxes. Who benefits? This is the biggest benefit for the owners in this agreement. After losing US$370 million, $340 million and $300 million over the past three seasons under the previous CBA, the league began negotiating for a fundamental restart of the NBA`s economic system — and got it. In addition, players will lose about 20 percent of their 2011-12 salaries — a result of games that were missed because of the blockage. The union rejected the offer on November 9 and called for a new round of negotiations. [57] The two parties met again at the end of the deadline. After two days of negotiations, the owners submitted a revised final offer and said they would end negotiations. If accepted by the players, Stern hoped to start a 72-game season in mid-December.
[58] On November 14, the union rejected the latest offer and dissolved the union. [6] The NBPA was transformed into a trade association that allowed individual players to participate in a class action against the league and characterized the lockout as an illegal group. [59] [60] [61] Lawyer David Boies, who represented NFL owners when they closed in 2011, agreed to represent the players and join keesler, who also represented players in the NFL blockade. [62] On November 15, a group of NBA players (including Carmelo Anthony, Chauncey Billups, Kawhi Leonard and Leon Powe) filed a complaint against the NBA in federal court in California, while another (including Anthony Tolliver, Ben Gordon, Caron Butler and Derrick Williams) filed their own complaint against the NBA in federal court in Minnesota. [7] November 15 was also the day when players were to receive their first pay cheques when the season was played. [63] Derek Fisher succeeded Ewing in 2006 as president of the NBPA. [15] In early 2011, negotiations for a new CBA began. The league said it was losing $300 million a year (22 out of 30 teams lost money last season) and proposed to cut 40 percent of players` salaries (about $800 million) and introduce a hard salary cap (at $45 million per team), unlike a soft cap ($58 million) currently used. The union disputed these figures and strongly opposed these amendments. Hunter said he advised players to prepare for a lockout. [16] In May 2011, the NBPA filed a complaint with the National Labor Relations Board (NLRB), accusing the League of bargaining by failing to provide critical financial data to the union and repeatedly threatening to exclude players.
The NBA quickly dismissed the complaint and said the league fully complies with federal labor laws. The union also considered the possibility of decertification allowing players to file a cartel action against the NBA. [17] During the last agreement between the 2005-06 and 2010-11 seasons, owners held between 8 and 10% of the salaries of the players in trust if the league`s revenues were insufficient to meet the revenue forecasts.