Players Union Chief Believes Season Will Likely be Cancelled
To the disappointment of NBA followers around the world, NBA Players Union chief Billy Hunter believes there will not be a 2011-12 season. When asked by a press conference attendee in Baltimore whether we will see the NBA next season, Hunter replied, ”If I had to bet on it at this moment, I would probably say no.”
Both sides are so far apart on major issues, and revenue sharing is the main point of disagreement. The owners and players are nearly $800 million apart every year, and it will take major sacrifices on both sides to reach a new CBA.
Of the 30 teams in the NBA, 22 of them are unprofitable and even a Players Union proposal of to reduce their share of the revenue from 57% to 54% did not go well with the owners.
During the press conference, Hunter also made remarks about David Stern’s salary and the uncertainty surrounding it. Although reports now say Stern will not be collecting hi paycheck during the lockout.
It is quite clear that both sides and their chiefs are not the best of friends, and that they will be willing to risk the season just to get the better end of the CBA.
“A month and a half ago, we gave them a proposal that we would give them back $100 million per year.” Said Billy Hunter. “The gap is far between us.”