NBA owners, players reach tentative deal, games to begin Dec. 25

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Finally, we are going to have NBA basketball again.

After more than 15 hours of negotiations Friday into Saturday morning (following a week of secretive talks), the NBA owners and players have reached a handshake deal on a new collective bargaining agreement the sides announced. (Ken Berger at CBSSports.com broke the story.)

“We’ve reached a tentative understanding,” said NBA commissioner David Stern at a hastily put together 3:30 a.m. press conference. “(The deal) is subject to a variety of approvals and very complex machinations. We’re optimistic that will all come to pass and the NBA season will begin Dec. 25.”

That will be a Christmas Day start with a triple-header followed by a 66-game season, providing both the owners and players ratify this deal.

There are a lot of details still to be worked out — first up are all the “B” list issues such as draft age and drug testing, things the sides do not all agree on but are not serious enough to block a deal. Then the players’ union has to be reformed (remember they dissolved to allow for antitrust lawsuits to be filed) and finally the owners and players will have to vote on a final version of the agreement.

All of that is going to take 10 days to two weeks. The lockout will not officially be over until then.

Training camps and a free agency period will begin simultaneously on Dec. 9, Stern said.

At that press conference neither Stern nor NBPA director Billy Hunter were willing to talk about a lot of details of the agreement because neither had spoken to their entire constituency yet. However, this deal is likely close to the last offer from the owners and Stern to the players. There may have been a little movement, but not a lot from the offer the players rejected less than two weeks ago.

The players got a little more than 50 percent of league revenue (BRI) but not 51 percent, according to Chris Broussard of ESPN. It is apparently going to be a band in the 49-51 percent range, but will essentially fall as 50/50. In the previous labor deal the players got 57 percent of the league revenue and that was ultimately the big issue in these talks — the owners say they were losing money and wanted a bigger cut of the more than $4 billion in annual revenue the NBA generates. With this they should about cover the $300 million the owners claim to have lost last year.

Talks Saturday took a turn towards blowing up again when players attorney Jeffrey Kessler — the real pit bull for the union — was on a conference call with the talks and said the players demanded 51 percent of the revenues. There was a feeling that might blow the whole talks up, but cooler heads prevailed.

One thing the deal will do is prevent larger-market, big-spending teams from competing in the free agent market as they had in the past, said NBA deputy commissioner Adam Silver. Again there were no details but with a stronger luxury tax and other punitive measures it will be hard for teams to spend up to and around $90 million a season. The deal also raises the salary floor — those small market teams need to spend up to 85 percent of the cap the first two years and 90 percent after that.

This would be a 10-year deal where both sides can opt out at year six.

Neither side loves this deal, which is how a good compromise should end. There are owners and players that will vote against it, but it is expected a majority of both will pass it.

In the end, Spurs owner Peter Holt summed it up best:

“We want to play basketball. Let’s go play basketball.”

Amen.

This is why Shaq says he knows Kobe respects him (VIDEO)

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Do Shaquille O’Neal and Kobe Bryant hang out these days? Probably not.

But do the to respect each other? The answer, apparently, is yes.

During an interview for Oprah Winfrey’s OWN network, O’Neal said he knows that Kobe respects him because of a certain play. That play?

Prepare yourself for this one Portland Trail Blazers fans: it’s the famous alley-oop with 41 seconds left from Game 7 of the 2000 Western Conference Finals that put the Lakers up by six points.

That play was the exclamation point on an impressive fourth quarter, one in which the Blazers went hilariously ice cold from the field while the Lakers made up a huge deficit.

Here’s how Shaq tells the story:

Game 7. We’re down. I’m telling Kobe ‘Hey man, I’m open’.

[And Kobe responded with] I got you.

He crosses up Scottie Pippen, and he catches eye contact with me like, ‘OK this is the one you wanted.’

He throws it up super, super, super high. I have to go up and get it and throw it down. Puts us up by five [it was six] and I know we’re going to win, we’re going to the Finals.

If you go back to the footage after we win [the game] who jumps in my arms? Kobe Bryant.

Meanwhile, a 12-year-old Dane Carbaugh’s heart still aches from that game.

Carmelo Anthony lands in OKC, gets greeted by fans at airport (VIDEO)

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Carmelo Anthony is now a member of the Oklahoma City thunder.

Man that is still really weird to type.

But this has been an insane offseason, and nevertheless the former New York Knicks forward is now a teammate of Russell Westbrook and Paul George.

We are not sure how these teammates are going to play together next season given their propensity for high-usage play, but we are definitely all ready to watch it very soon.

Meanwhile, Anthony was greeted by fans in Oklahoma at the airport after arriving to be with the team.

Via Twitter:

Do you think this will get Carmelo to stay in OKC?

Guess we will just have to find out.

Cavaliers are frontrunners, but where will Dwyane Wade land?

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Dwyane Wade and the Chicago Bulls reached a buyout agreement — he will take an $8 million haircut to become a free agent. Not that we should feel bad for Wade, I wish someone would pay me $15 million to go away.

The next question: Where will Wade play this season?

The smart money is on Cleveland, but it’s not that simple. Adrian Wojnarowski of ESPN got the ball rolling, but others chimed in.

OKC is an interesting option on the court, if their ownership group is willing to eat a little more tax to make it happen (the Thunder would pay about $24 million, based on their current payroll). Alex Kennedy of Hoopshype shed a little more light on that and other options.

It’s probably going to be the Cavaliers — his good friend LeBron James is there, they are the best team in the East so a trip to the Finals (and a shot at a ring) are very possible, and he could start for them. That’s probably enough to get the deal done.

Expect Wade to take a little time with this decision. Veterans are not big fans of training camps, he may be willing to miss a little, spend some time with the family, listen to pitches, then choose Cleveland where he wants to play this season.

 

AP source: Bulls agree to 2-year deal with Mirotic

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CHICAGO (AP) A person with knowledge of the situation says the Chicago Bulls and forward Nikola Mirotic have agreed to a two-year contract that could pay as much as $27 million.

The person spoke to The Associated Press on the condition of anonymity Sunday because the deal has not been announced. The Bulls hold an option on the second year.

The 6-foot-10 Mirotic averaged 10.6 points last season. He has scored 10.8 per game over three seasons.

The Bulls are rebuilding after winning 41 games and losing in the first round of the playoffs. They traded All-Star guard Jimmy Butler to Minnesota on draft night for three players 23 and younger – Zach LaVine, Kris Dunn and the rights to No. 7 overall pick Lauri Markkanen.

Yahoo Sports first reported the agreement.

More AP NBA: http://www.apnews.com/tag/NBAbasketball