Perhaps I was a bit too bold a few weeks ago, declaring the NBA season dead, because as I had pointed out on quite a few occasions, the players were going to eventually become desperate enough to take whatever they could get. And it finally happened, as the players and owners have apparently agreed in principle on a new CBA that will keep us lockout free for at least the next 6 years and will allow the NBA to move forward with a 66-game season starting on Christmas Day.
Of course we all know by now that the players received 57% of the basketball related income under the last CBA, but we also know that 22 teams supposedly lost a combined $400 million last year, so the split had to be balanced more in the owners’ favor. The players were cool with that, offering to take just 53% and they said that was their firm offer and they wouldn’t budge, even if it meant losing the season. Then their yacht and custom shoe bills came in and they were like, “LOL JK we’ll take 49%.”
So what do both sides get out of this nonsense?