Law experts have stated that the NBA lockout could be much worse than the NFL lockout. Why? The NBA owners and players are extremely far apart on many issues. For one, 22 of the 30 NBA teams lost money last season, and net losses for the league were $340 Million. The owners are proposing a hard cap that will limit the salaries of players. Currently, there is a flexible salary cap that allows players to get paid more money than they would with a hard cap. Of course, this is one area of major disagreement. Another issue the owners and players cannot agree on is the percentage share players receive of the revenue from ticket sales, concessions and television contracts. Under the current collective bargaining agreement, the players get 57 percent of the revenue while owners receive 43 percent. The owners want the split to be 50-50. The league also wants to finalize a revenue-sharing plan among the teams after a collective bargaining agreement is finalized with the players. But the players association wants the owners to reach a revenue-sharing plan before a collective bargaining agreement with the players is signed.It looks as if the NBA is on a slow path to a prolonged lockout.
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