With the Federal Arbitration and Mediation Committee of the intervention, NBA both sides again to open a new round of negotiations. This time the negotiations called the marathon level, from 10 o’clock Tuesday morning, continued until Wednesday morning. According to the CBS side to get the news, again in basketball players in the relevant revenue share to make concessions, agreed to adhere to the previous 53% to 52%.
Federal Arbitration director George – Cohen supervised the whole negotiation process, he has helped the United States has Major League Soccer, Major League Baseball and Football League over the mediation of labor disputes. On Monday, he separately with representatives of employers and employees for a private meeting.
Informed sources broke the news that the players have agreed to accept 52% of the share ratio, but employers still insist on asking for 49%. Although not able to reach agreement, but their differences have been further reduced, in accordance with the previous year’s income $ 4,000,000,000 Alliance estimates that the current gap in the 85 million to 90 million U.S. dollars between.
Since 2005, that the effect of a labor agreement began, the players in the basketball-related share of proceeds has been as high as 57%. After several rounds of negotiations, both sides have made concessions, the team owner agreed not to enforce the implementation of a hard salary cap, while the proportion of players are willing to be divided down to 53%. But since then the situation worsened, and employers in the 50-50 players union’s offer was rejected, increasingly hard-line attitude, David – Stern stressed that the team owners will not agree to labor-sharing proportion of more than 47%. The players union executive director Billy – Hunter adhere to 53% is the maximum acceptable compromise. It is widely believed the delay in reaching a new labor agreement the biggest difference.
Of course, there are other differences between employers and employees need to be addressed, including the luxury tax threshold, the proportion of the contract amount and the middle class to implement the scope of Bird and more. Players are also strongly opposed to employers to implement any of the hard salary cap system in disguise.
The regular season two weeks the game has been canceled. Stern had also stressed that while the negotiations is essential today, if you can not reach agreement, there will be more games to be canceled. But as long as 16 hours of negotiations, at least to narrow their differences, let us stop to see the end of a ray of hope.