NBA Lockout Dead
What can happen in the 149 days between July 1 and November 26 of 2011? South Sudan seceding from Sudan? Earthquakes in unusual places? The world reaching its 7 billionth person? How about the NBA Lockout?
On July 1st at 12:01 a.m. ET, the owners of the NBA began the work stoppage that disappointed many NBA fans around the nation and the world. They stopped work because the owners and players could not agree on major issues for a new Collective Bargaining Agreement.
One of the main issues dividing them was revenue sharing (the money they make) and the structure of the salary cap (the limit on the amount of money that can be spent on player salaries). Because the old CBA was set to expire on June 30th, the owners and players were working desperately to ratify a new CBA, but were unsuccessful. During a lockout, teams cannot trade, sign or contract players, and players cannot access NBA team facilities, trainers, or staffs.
In order to keep playing, some players have signed contracts in other countries. Deron Williams, Mehmet Okur, Kenyon Martin, Andrei Kirilenko, and Tony Parker have all signed contracts, as well as Robert Vaden, Byron Mullens, Thabo Sefolosha, and Serge Ibaka from the Oklahoma City Thunder. Many players may still return to the NBA now that the lockout is over.
On November 26th, NBA affiliates reached a tentative agreement to end the lockout. The 66-game season is set to start on Christmas Day. The players will receive 49-51% of the revenue.
The new CBA will expire in 2017, which means audiences will have six years of basketball to watch. In the meantime, fans can only hope that both sides will be more willing to compromise in the future.