Saudi Arabia offers condolences to Azerbaijan over plane crash    Interior minister emphasizes enhancing Saudi-Qatari security cooperation    176 teams carry out 1.4 million volunteer hours at Prophet's Mosque in 2024    RCU launches women's football development project    RDIA launches 2025 Research Grants on National Priorities    Damac appoints Portuguese coach Nuno Almeida    GASTAT: Protected land areas grow 7.1% in 2023, making up 18.1% of Kingdom's total land area    Kuwait and Oman secure dramatic wins in Khaleeji Zain 26 Group A action    South Korea becomes 'super-aged' society, new data shows    Trump criticizes Biden for commuting death sentences    Russian ballistic missile attack hits Kryvyi Rih on Christmas Eve    Financial gain: Saudi Arabia's banking transformation is delivering a wealth of benefits, to the Kingdom and beyond    Four given jail terms for Amsterdam violence against football fans    Blake Lively's claims put spotlight on 'hostile' Hollywood tactics    Saudi Awwal Bank inaugurates Prince Faisal bin Mishaal Centre for Native Plant Conservation and Propagation in partnership with Environmental Awareness Society    Five things everyone should know about smoking    Saudi Arabia starts Gulf Cup 26 campaign with a disappointing loss to Bahrain    Gulf Cup: Hervé Renard calls for Saudi players to show pride    Do cigarettes belong in a museum    Marianne Jean-Baptiste on Oscars buzz for playing 'difficult' woman    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



NBA lockout begins as sides fail to reach deal
Published in The Saudi Gazette on 02 - 07 - 2011

NEW YORK: The NBA locked out its players Friday, a long-expected move that put the 2011-12 season in jeopardy and came as the NFL is trying to end its own work stoppage that began in March.
The latest lockout began at 12:01 EDT (0401 GMT) Friday.
It will last until player and owners can agree on a new collective bargaining agreement, one owners demand must give all teams a chance to profit.
“We had a great year in terms of the appreciation of our fans for our game. It just wasn't a profitable one for the owners, and it wasn't one that many of the smaller market teams particularly enjoyed or felt included in,” NBA Commissioner David Stern said. “The goal here has been to make the league profitable and to have a league where all 30 teams can compete.”
Despite a three-hour meeting Thursday and a final proposal from the players – which NBA leaders said would have raised average player salaries to $7 million in the sixth year of the deal – the sides could not close the enormous gulf between their positions.
“The problem is that there's such a gap in terms of the numbers, where they are and where we are, and we just can't find any way to bridge that gap,” union chief Billy Hunter said.
All league business is officially on hold, starting with the free agency period that would have opened Friday. The NBA's summer league in Las Vegas already has been canceled, preseason games in Europe were never scheduled, and players might have to decide if they want to risk playing in this summer's Olympic qualifying tournaments without the NBA's help in securing insurance in case of injury.
And teams will be prohibited from having any contact with their players, most of whom won't be paid until a deal is done but insist they'll hang in anyway.
The last lockout reduced the 1998-99 season to just a 50-game schedule, the only time the NBA missed games for a work stoppage. Hunter said it's too early to be concerned about that.
“I hope it doesn't come down to that,” he said. “Obviously, the clock is now running with regard to whether or not there will or will be a loss of games, and so I'm hoping that over the next month or so that there will be sort of a softening on their side and maybe we have to soften our position as well.” The NBA appeared headed this route from the start of negotiations. Owners said they lost hundreds of millions in every season of this CBA, ratified in 2005. League officials said 22 of the 30 teams would lose money.
So they took a hard-line stance from the start, with their initial proposal in 2010 calling for a hard salary cap system, reducing contract lengths and eliminating contract guarantees, as well as reducing player salary costs by about $750 million annually. Though the proposal was withdrawn after a contentious meeting with players at the 2010 All-Star weekend, the league never moved from its wish list until recently, and Hunter said he believes negotiations never recovered from that rocky beginning.
The union had previously filed an unfair labor charge against the league with the National Labor Relations Board for unfair bargaining practices, complaining the NBA's goal was to avoid meaningful negotiation until a lockout was in place.
Despite frequent meetings this month, the sides just didn't make much progress.
Owners want to reduce the players' guarantee of 57 percent of basketball revenue and weren't moved by the players' offer to drop it to 54.3 percent – though players said that would have cut their salaries by $500 million over five years.
Hunter said he hopes the two sides will meet again in the next two weeks, after the union has looked at some additional documents it requested.
The players' association seems unlikely, at least for now, to follow the NFL Players' Association's model by decertifying and taking the battle into the court system, instead choosing to continue negotiations.


Clic here to read the story from its source.