Salary rollbacks part of new owner offer to come Thursday

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UPDATE 2:01 pm: Over at the New York Times, Howard Beck has gotten a hold of a copy of the letter David Stern sent to the union about their “reset” proposal.

Here are the “highlights” (or lowlights, if you wanted to see NBA basketball this season):

The “reset” proposal features a flex-cap system that contains an absolute salary ceiling — to be set $5 million above the average team salary. In addition, the N.B.A. would roll back existing contracts “in proportion to system changes in order to ensure sufficient market for free agents.”

¶ Maximum salaries would be reduced.

¶ Contracts would be limited to four years for “Bird” free agents and three years for others, but each team could give a five-year deal to one designated player.

¶ Raises would be limited to 4.5 percent for “Bird” players and 3.5 percent for others….

In both deals are:

¶ Extend-and-trade deals, such as the one signed by Carmelo Anthony last season, will be prohibited.

¶ A 10 percent escrow tax will be withheld from player salaries, to ensure that player earnings do not exceed 50 percent of league revenues. An additional withholding will be applied in Year 1 “to account for business uncertainty” stemming from the lockout.

¶ Team and player contract options will be prohibited in new contracts, other than rookie deals. But a player can opt out of the final year of a contract if he agrees to zero salary protection (i.e., if it is nonguaranteed).

There is no way the players would accept those rollbacks. The union would file to decertify and this thing will get much, much uglier.

12:18 pm: When the NBA labor talks started, the owners had put out a number of ridiculous demands — salary rollbacks, a hard salary cap and other items the players would not accept — out on the table. As talks moved along, the owners made “concessions” of giving up things off their wish list (while the players gave up actual cash).

But if the players don’t accept David Stern’s and the owners ultimatum offer by Wednesday night, come Thursday morning it is all back on the table along with a smaller percentage of basketball related income, reports Ken Berger at CBSSports.com.

In addition to a 47 percent share of revenues for the players and a flex cap, those terms also would include a relinquishing of guaranteed contracts and a rollback of existing salaries, sources familiar with the hardline owners’ position said.

Part of that (and the reason it gets leaked) is to try and frighten the players into taking the deal on the table.

But make no mistake, that proposal would kill the NBA season if the owners stuck to it.

The players have given up money to keep a soft salary cap and guaranteed contracts (as well as keeping the salary cap tied to league revenues). Those are issues the union would be willing to lose a season over. Those issues would push them to decertify the union and try to take this thing to court. It would be a disaster.

The sides are not that far apart on a deal, with the players giving up more money wanting system issues concessions (they want more ease of player movement and for teams paying the tax to have exceptions). That’s a small olive branch for the owners to offer at this point so the union could save face, call it a win (even though the union lost big) and we could have a season.

But the hardline owners are driving the league bus right now and they want to crush the union and give no quarter. They are driving this. The owners are up by 40 points in the fourth quarter and are keeping the full court press on.

“I think, at the end of the day, this group (of hardline owners) said, ‘OK, we will let you do it your way up until Wednesday,'” a person in contact with ownership told CBSSports.com Monday.

If the sides don’t talk, if come Thursday morning there is no deal in place, I fear for the season. At that point, if the sides reach a deal it will likely be after Christmas just in time to save a 50-game NBA season. And even that could be a long shot.

At that point, both sides will have hurt the sport so much they will have lost all extra revenue they were fighting over.

Rumor: Bulls expected to wait until 2019 for free-agency splash

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The Bulls tanked so hard this year, the NBA warned them to cut it out. It was a rare instance of the league responding to actual tanking measures rather than just talk of preferring to lose.

Bulls executive John Paxson, via Vincent Goodwill of NBC Sports Chicago:

“We did this year what we felt was in the longterm best interests of the Bulls,” Paxson said. “It’s not a situation that any of us want to ever be in again; it goes against everything as a competitive person that you believe in; but it’s the way the system is set up.”

Chicago could try to turn around quickly. The Bulls project to have about $25 million in cap space this summer – enough to land a good player or two.

Mark Schanowski of NBC Sports Chicago:

The assumption in league circles is the Bulls will wait until 2019 to make their big move when players like Klay Thompson, Kawhi Leonard and Kyrie Irving could be on the market, and might consider signing with the Bulls after watching another year of development from LaVine, Lauri Markkanen and Kris Dunn.

This is the wise course. It’s unlikely Chicago can lure anyone good enough to lift such a young core quickly. The Bulls are better off remaining patient – and bad, which will net another high draft pick as Lauri Markkanen, Zach LaVine and Kris Dunn develop.

This is also probably the course thrust upon Chicago. Even if they wanted to, the Bulls probably can’t land a premier free agent this summer. Star free agents can see the same problems with Chicago trying for a quick fix and will likely avoid the situation.

There’d be no harm in trying for top free agents like LeBron James or even Paul George. But the Bulls will probably be relegated to 2019 if they want to sign someone meaningful. Better they realize that than make a desperate attempt for relevance this year.

Rich Cho on Trail Blazers getting swept: ‘Being a previous Portland GM, that didn’t disappoint me’

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In 2011, the Trail Blazers surprisingly fired Rich Cho after only season as general manager.

Cho – since hired and fired by the Hornets – seems to be holding a grudge.

John Canzano of The Oregonian:

That’s a sentiment many people hold toward their former employer. Few say so publicly. That Cho did indicates just how strongly he feels.

Under owner Paul Allen, the Trail Blazers have run through numerous executives. It’s part of the culture in Portland, and it leaves a lot of outgoing people bitter.

Current general manager Neil Olshey ought to be mindful of that.

Josh Allen’s old tweet: ‘I hate LeBron!!!!! #LeBronSucks’

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Josh Allen, a quarterback from Wyoming, could be the No. 1 pick in tonight’s NFL draft. But his recently unearthed high school tweets – which include using the n-word with an ‘a’ at the end – are the sports story of the day.

And there’s an NBA tie.

Via Ryan Young of Yahoo Sports:

I hate LeBron!!!!! #LeBronSucks

— Josh Allen (@JoshAllenQB) June 7, 2011

Damian Lillard went down this same road with LeBron James, and they got past it.

But it would be a little more awkward if the Cleveland Browns – who have the Nos. 1 and 4 picks – take Allen. Then, Allen will face more scrutiny over this tweet – the most innocuous of the bunch.

Donovan Mitchell tells Thunder fans, Jazz teammates Utah not returning to Oklahoma City this season

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The Jazz blew a 25-point second-half lead in Game 5 last night, extending their series with the Thunder. Up 3-2, the Jazz are still in control. They can close out in Game 6 tomorrow in Utah. Blow that, and they must return to Oklahoma City for Game 7 Sunday.

But Utah rookie Donovan Mitchell is making it abundantly clear he doesn’t plan to do that.

Gabe Ikard of The Franchise 107.7:

Jake Edmonds of KUTV:

A confident proclamation that rallies his team or youthful exuberance run amok?

The narrative will be decided after Game 6. That’s just how this is done.