Philippines, 19 Jul 2025
  Home >> News

 


BOXERS

CURRENT CHAMPIONS 

FORMER CHAMPIONS   

RATINGS                       

NEWS           

FORUM        

FIGHT GALLERIES        

RING CARD GIRLS        


 
 
News  


Sliver of hope for ongoing NBA lockout


PhilBoxing.com




LOS ANGELES -- The US economy is in bad shape. The national unemployment rate is an alarmingly high 9.1 percent, while new jobs are getting increasingly rare.

And that is why people get sick, if not angry, when they hear about a labor dispute stemming from the fact that employers and employees couldn't quite agree on how to share a revenue stream worth in excess of $4 billion.

Which is exactly what this current NBA lockout is basically all about. A battle between billionaire team owners and ultra-rich millionaire players whose average annual salary is just slightly north of $5 million.

At the very core of the dispute is how NBA owners and players split the BRI or Basketball Related Income. The BRI represents all money made through basketball operations including gate receipts, broadcast revenues, in-arena sales of novelties and concessions, arena signage revenues, game parking and sponsorship revenues, etc.

Last season, the BRI figure was $4.3 billion.

Under the old Collective Bargaining Agreement (CBA) which expired last July, the players were guaranteed a 57 percent share of the BRI. But citing losses of $300 million last season, the owners decline to be as generous this time around, demanding a 53 percent share of the BRI.

The players association are willing to cut their share down. But they insist on nothing lower than a 53-47 split in their favor.

Both sides have stood firmly at 53 percent since the lockout began some 109 days ago. Countless hours of negotiations have turned fruitless thus far and two weeks worth of games for the 2011-12 regular season were officially scrapped last week by NBA commissioner David Stern.

So, can the season still be saved?

Yes. But it will take for both sides to give major concessions. And that is exactly what hoops fans hope will happen Tuesday morning in New York when the NBA owners and players meet with federal mediator George Cohen.

Mediation has untangled many labor problems in the past, including this year's NFL lockout. But can one meeting really cure two years worth of animosity?

That remains to be seen. Stay tuned. (NRR)


Click here to view a list of other articles written by Nicholai R. Roska.


Recent PhilBoxing.com In-House articles:

  • Usyk Registers Career-Heaviest Weight as Dubois Looks Ready for Undisputed Rematch at Wembley
    , Sat, 19 Jul 2025
  • Rodriguez vs. Cafu Unification Clash Set for Frisco, Texas; All Fighters Make Weight
    By Dong Secuya, , Sat, 19 Jul 2025
  • LOPEZ VS. VARGAS WEIGHTS FROM PECHANGA RESORT CASINO
    , Sat, 19 Jul 2025
  • “Bambol” Tolentino in Las Vegas: Supporting Filipino Athletes and Pacquiao
    By Carlos Costa, , Fri, 18 Jul 2025
  • Unstoppable: Team Philippines Storms Into Davis Cup Finals After Qatar Sweep
    By Marlon Bernardino, , Fri, 18 Jul 2025
  • Blu Girls Stumble Against Taipei, Look to Regroup vs. Hong Kong
    By Marlon Bernardino, , Fri, 18 Jul 2025
  • Fighting for clean sweep
    By Joaquin Henson, , Fri, 18 Jul 2025
  • WBA No. 2 Heavyweight Contender Michael Hunter Is Ready to Take on World Champion Kubrat Pulev; All Systems Go for Purse Bid Winner Don King
    , Fri, 18 Jul 2025
  • Weights from Panama City; WBA Women's Interim Superfly Title at Stake
    By Gabriel F. Cordero, , Fri, 18 Jul 2025
  • Undefeated prospect Pryce Taylor Working hard to join Brooklyn’s Elite list of top heavyweight boxers
    , Fri, 18 Jul 2025
  • Justin Goossen-Brown Set to Make DAZN Broadcasting Debut This Friday at Boxlab Promotions’ Night of Champions in Orlando
    , Fri, 18 Jul 2025
  • Philippine Davis Cup Team Sweeps Kuwait to Stay Unbeaten in Group IV
    By Marlon Bernardino, , Fri, 18 Jul 2025
  • Pacquiao Promises Surprise Against Barrios
    By Lito delos Reyes, , Fri, 18 Jul 2025
  • PACQUIAO VS. BARRIOS UNDERCARD MEDIA WORKOUT QUOTES
    , Fri, 18 Jul 2025
  • Rosaupan rules Pasay rapid chess championship
    By Marlon Bernardino, , Fri, 18 Jul 2025
  • Blu Girls Fall to China in Nail-Biter, Slip to 5–2 in Asia Cup
    By Marlon Bernardino, , Fri, 18 Jul 2025
  • The 19th Thousand Island Cup Philippine Xiangqi Open tournament on August 3
    By Marlon Bernardino, , Fri, 18 Jul 2025
  • Pacquiao’s Legacy in Motion: PacMan contra El Azteca
    By Emmanuel Rivera, RRT, , Thu, 17 Jul 2025
  • Blu Girls Crush Singapore 13-0, Set Sights on China in Asia Cup Showdown
    By Marlon Bernardino, , Thu, 17 Jul 2025
  • Laylo, Dableo to play in Baguio Open
    By Marlon Bernardino, , Thu, 17 Jul 2025
  • Pacquiao Shines in Final Press Conference: Can The Pacman Defeat Father Time and Barrios? (Analysis & Prediction)
    By Carlos Costa, , Thu, 17 Jul 2025
  • More lucrative fights await Manny Pacquiao
    By Leo Reyes, , Thu, 17 Jul 2025
  • Rumors about Pacquiao-Mayweather rematch
    By Gabriel F. Cordero, , Thu, 17 Jul 2025
  • Tapales, Laurente to help Inoue against MJ
    By Lito delos Reyes, , Thu, 17 Jul 2025
  • AL BERNSTEIN, CHRISTY MARTIN AND ERIC BOTTJER TO SERVE AS ALL-STAR COMMENTARY TEAM FOR THIS FRIDAY’S ‘LOPEZ VS. VARGAS’ EVENT
    , Thu, 17 Jul 2025




  •  



     
    PhilBoxing.com has been created to support every aspiring
    Filipino boxer and the Philippine boxing scene in general.
    Please send comments to feedback@philboxing.com


    PRIVATE POLICY | LEGAL DISCLAIMER
    developed and maintained by dong secuya
    © 2025 philboxing.com.