Union for players advises them to receive checks over 18 months instead of 12 to prepare for possible lockout


When the NBA owners have locked out the players to negotiate more favorable terms under a new collecting bargaining agreement in the past, they have typically had an unfair leverage advantage the longer those talks dragged on.

Players stopped receiving paychecks for the new season on Nov. 15 in the absence of an agreement, and since many hadn’t planned for this contingency, the personal financial squeeze was enough for them to cave to a new, less favorable deal, perhaps prematurely.

In an effort to prepare for a potential work-stoppage following the 2017 season, when both players and owners will have the right to opt out of the current deal to form a new one, the union is advising players who are free agents this summer to consider taking payments over a longer schedule when structuring their new contracts.

From Scott Soshnick of Bloomberg:

National Basketball Association free agents, including All-StarsLeBron James and Carmelo Anthony, are being advised by their union to take paychecks over 18 months instead of the usual six or 12 as a way of preparing for a possible lockout.

Owners and players can opt out of the existing labor contract after the 2016-17 season.

An 18-month payment schedule would allow a player to continue receiving paychecks through the 2017-18 season, even if games aren’t played because of a work stoppage, according to an e-mail sent to players and agents by acting union Executive Director Ron Klempner, a copy of which was obtained by Bloomberg News.

“As we have learned in the past, the owners have made provisions with the TV networks to continue to receive rights fees throughout a work stoppage, and there is no reason the players should not make every effort to take the same precaution,” the e-mail said.

This is bad financial advice, obviously, because in theory one would want to receive the most money possible at the earliest possible moment, in order to maximize the opportunity to invest those funds to gain even the most modest of returns.

Kobe Bryant, for example, receives 80 percent of his annual salary in a lump sum payment at the beginning of each season.

But the reality is that there are plenty of players who struggle to properly manage their finances, and have monthly expenses that would quickly cut into any savings if those paychecks were to cease for an extended period of time. For that reason, the NBPA believes it’s making the smart move by advising its players to make sure the cash keeps coming in when (not if) the next work stoppage takes place.

Report: No criminal charges to be filed against Matt Barnes

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The NBA is still investigating and can take its own action. In theory people involved in the incident could decide to file a civil lawsuit (although Fisher said he would not).

However, Memphis’ Matt Barnes is not going to face any criminal charges for an altercation he instigated with Knicks’ head coach Derek Fisher at the home of Barnes’ estranged wife in Los Angeles, according to police, who talked to TMZ.

Matt Barnes will NOT be charged with a crime for allegedly attacking Derek Fisher over the weekend … the Redondo Beach Police Department tells TMZ Sports.

Cops tell us they did respond to an incident and a police report was filed regarding the altercation — but officers say the case “was reviewed and there is no basis for criminal charges.” As we previously reported, a witness at the home says Barnes struck Fisher in the face and a fight ensued. However, the NY Post is reporting that Fisher did not want to pursue charges against Barnes.

Fisher has been seeing Gloria Govan — Barnes’ estranged wife and star of the “Basketball Wives” reality series — for several months, and was over at her house in the South Bay of Los Angeles Saturday night, along with other friends. Barnes said he got a call from one of his two sons, who “looked distressed” that Fisher was over, and that caused Barnes to drive over to the house. Once he arrived an altercation broke out between the two men, with Barnes allegedly texting a friend that he beat up Fisher and spat in his wife’s face. That’s not going to scar the young boy any further, well done.

If Barnes did this as described (and we don’t know the details), the NBA has to look hard at this. Barnes does not get to decide for a woman he is no longer seeing who she can and cannot see, and who she has over to her home. She is not property. That is the level of control seen in domestic abuse situations, and the league can’t sit back and tolerate it.

PBT Extra bold prediction previews: Knicks will be better. Slightly.

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I like the Knicks’ offseason moves. Well, not blowing the meeting with LaMarcus Aldridge before it ever started — you say the right things and take him to a nice dinner because that is the kind of elite player you need to try to land. Take the meeting.

However, bringing in Robin Lopez and Arron Afflalo were smart pickups, and I like the Kristaps Porzingis draft pick more than many (although we need a couple of years to see how good he will really be). Combine that with a healthy Carmelo Anthony and…

The Knicks suck less. They aren’t good, but they aren’t embarrassing. And that is step one, as I discuss with Jenna Corrado in this latest PBT Extra.