If you want to hear the opinion of one former player who was involved in the bargaining about why last week’s negotiations failed, here’s an interesting take, as recounted by Comcast Sports Net’s Tom E. Curran.
In effect, according to Pete Kendall, it was a combination of owners’ greed and what seems like a ludicrously low-ball offer to the players that appears rather insulting.
Make sure to click the link for the full low-down, but here’s my favorite passage.
(Kendall) said, to boil it down, the owners wanted to pocket 100 percent of the money any time they exceeded the league's projected revenue.
And the owners were trying to project the revenue at artificially low levels. …
If the owners "pegged" revenue for $10 billion in a season and then exceeded that projection, they wanted all the money to go into their pockets. The players were willing to give them the first 1.5 percent free and clear (in the $10 billion case, $150 million). After that, they wanted a 50-50 split.
Score another win for the owners in the PR battle.*
*This, of course, being sarcasm.
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