Research Paper About The Nba Lockout

653 Words3 Pages
Introduction 1. How many people have heard about the NBA being lockout this year and not know the details? 2. Basketball is my favorite sport, and I watch the NBA whenever I can and today I will give the details about the possible lockout. Body 1. Collective Bargaining Agreement (CBA) * A contract between the NBA (commissioner and team owners) and the NBA Players Association that involves player contracts, trades, the NBA Draft, and the salary cap. * NBA Players Association is the labor union for the player in the NBA * Expires June 30th 2011 * Players says current CBA works because the TV revenue, ticket sales, lower salaries and merchandise contribute * Owners want a hard salary cap,…show more content…
4. Other * Unrestricted Free Agent * Free to sign with any teams * Restricted Free Agent * Current team can match offer from another team to keep player * Sign and Trade Agreement * Team must trade player with this agreement * Releasing players * Guaranteed contracts will go against team’s payroll if they release a player * Luxury Tax * Tax level is placed so that team won’t exceed the cap significantly * If over luxury tax, there will be fines. 5. History * 1998-99 NBA lockout * Shorten games to 50 * Lasted for 204 days * TV ratings and ticket sales declined for several seasons * MJ’s retirement also affected these factors Conclusion The NBA salary cap is more complicated than the other major sports in America. I hope that you learn why they are having issues with coming up with a new contract, and how complicated it can be. Also I hope that it is resolve soon, as history is shown, the NBA will take a hit if there is a

More about Research Paper About The Nba Lockout

Open Document