2011 Nba Cba Agreement
While many B-level issues remain to be resolved, this interim agreement provides the framework for what the new CBA will become. The changes to the interim agreement are significant changes to the NBA`s economic system. Here is a summary of the main points of agreement that relate to the 2005 CBA. Although the new agreement stipulates that no more than 50% of taxpayers` money cannot be paid exclusively to teams that do not pay taxes, it does not indicate what happens to the remaining 50%. It is possible that the remaining taxpayers` money will be distributed equally to all teams, but it is also possible that the NBA will reserve this money for “league” purposes. The purpose of this document is to analyze the 2011 National Basketball Association (NBA) lockout and collective bargaining agreement (CBA). 2011 CBA: Players who come from their rookie ladder can extend for four more seasons, although the team may nominate a player who is entitled to the maximum salary for five seasons. A team can only have one particular player in the team at any time. All other veterans can extend for four seasons, including the seasons that remain on their current contract. The extension in a renewal and negotiation contract is limited to three seasons covering the remaining seasons of the current contract. 2011 CBA: Teams must spend at least 85 per cent of the cap in 2011-12 and 2012-13, and at least 90 per cent of the ceiling in subsequent years of the agreement.
Who benefits? I`ll tell you which teams don`t benefit – the eternal taxpayers, like the Lakers and the Mavericks. When the league was unable to negotiate a severe cap, they expected there to be the next one — a punishable luxury tax that will prompt teams to think twice before committing to a higher pay sheet. For example, the Lakers` tax bill in 2011 (when the tax was in dollars for dollars) was about $19.9 million. The new system would cost them $44.68 million. If they were a repeat offender (paying tax at least four of the last five years), they would be owed $64.58 million! The salary cap between the 1999 and 2005 CBA versions has not changed much. In exchange for approving the controversial minimum age of players, players received a slightly higher percentage of the league`s revenue during the new convention. In addition, the league`s maximum score decreased slightly from the 1999 CBA.