NBA labor deal '95 percent complete'; last five percent remains huge hurdle

[Omaha Steve]

Source: AOL

Despite labor talks breaking down last week, a new collective-bargaining agreement is about 95 percent complete, but “it is the last 5 percent that is ruining the prospects for labor peace and gradually eroding the NBA season,” according to The New York Times.

And, as commissioner David Stern said last week, "There's no deal on anything unless there's a deal on everything."

The league and the players’ union will likely meet in the latter part of next week, but no talks are known to have been scheduled, according to SI.com.

The sides have agreed on contract lengths and luxury-tax rates, trade rules and cap exceptions, and provisions such as “amnesty” and “stretch payments,” the Times reports. The amnesty clause will allow teams to waive one player, at any point over the duration of the CBA, and deduct his salary for cap and luxury tax purposes. Under the stretch provision, teams will be able to spread out payments to waived players over several seasons.



Read more: http://aol.sportingnews.com/nba/story/2011-10-30/nba-labor-deal-95-percent-complete-last-five-percent-remains-huge-hurdle

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Most of a new CBA is in place, but David Stern says that doesn't matter until the entire deal is put together. (AP Photo)

[valerief]

1. Yawn. nt

[bluestateguy]

2. Um, so?

............

[SoapBox]

3. Hmmm, let's see...how shall I describe this...

Over it.

Toast.

DOA.

...just cancel the games and shut the whole thing down.

Done.

[CrackersMcGee]

4. Sorry, I know some people are into spectator sport, personally though...

...I cannot imagine caring less.