NBA Lockout Update
By Brandon Beneche
As the scheduled opening day for the 2011-12 NBA season passes by, it serves as another reminder of the many effects of the lockout. For four months now, many fans have been left wondering how much, if any progress has been made in this seemingly eternal work stoppage.
The players and owners are still having trouble agreeing on how to split the league’s revenue profits. Reportedly, the players are demanding 52% of the profits while the owners want a more even deal.
Last week, October 22-28, the owners and the players union actually made some progress. Some optimistic fans hoped that a new Collective Bargaining Agreement (CBA) would actually be reached. However, their optimism was soon gone as the negotiations broke off Thursday. Reportedly, the players union turned down a 50/50 deal split in profits by the owners.
It seems like the lockout is beginning to affect the players and owners more. Reportedly, a rift is beginning to form between the players’ union and their leader, Derek Fisher. Fisher denied reports of disloyalty. In addition to this, Miami Heat owner, Micky Arison, was recently fined $500k for comments he posted on Twitter about the lockout.
Only time will tell how much longer we fans will have to wait before the lockout ends. Unfortunately, reality seems to be setting in, telling us that we could still be in for a long wait.