LeBron says Union helps retired players in talks
NBA players are pushing for more money in the next collective bargaining agreement - for the players who came before them. Cleveland Cavaliers superstar LeBron James, vice president of the NBPA’s executive committee, told The Associated Press on Thursday the union has made getting aid for retired players a priority in their talks with NBA owners on a new deal.
The NBA and its players have agreed that the next CBA will include new league-funded programs to help retired players with education and medical expenses, four people with knowledge of the situation told the AP. The people spoke to the AP on condition of anonymity because talks are ongoing. In exchange for those programs, and pending full approval from both sides, the split of basketball-related income would remain the same “50-50” deal as it is in the current agreement.
Deciding on how to divvy up the revenue pie was the biggest obstacle that led to the ugly lockout five years ago. But with that issue essentially taken care of this time around, negotiations have gone much smoother as both sides look to reach an agreement on a new deal before the Dec 15 deadline to opt out.
State of the Union
For James, NBPA President Chris Paul and the rest of the union, taking care of those who are no longer playing is a worthy compromise for trying to recoup any of the financial ground lost during the 2011 labor dispute. “We got a group of guys that are in there that know the negotiations, so any way to give back and try to help our former teammates and help former players and things of that nature,” James said.
“Because we’ve all built this league together. No matter how big of a guy you were or if you were the 15th guy on the bench, we all built this league into what it is today. But it’s not just my idea. I’m not taking any credit for that. But it’s all part of the process.” Mike Glenn, a 10-year NBA veteran and a member of the National Basketball Retired Players Association’s board of directors, said the CBA has dominated conversations among retirees for more than a year.
“We’re very thankful to Chris Paul, LeBron and others who have provided the leadership to include us in the negotiations, and have the foresight to see that they’ll be us in a couple of years,” said Glenn, currently an Atlanta Hawks analyst for Fox Sports Southeast. “There are so many guys with medical issues, who have had hip and knee replacements. With the cost of health care going up, it would be the biggest thing that’s happened for retirees in 10 years.”
That process will resume next week when the league and the union meet ahead of the NBA Board of Governor’s meeting in New York, which begins on Oct. 20. NBA Commissioner Adam Silver and union head Michele Roberts met in Spain earlier this month when the league had a preseason game there and they - along with other members of the negotiating committee - are preparing to return to the bargaining table with both sides in deal-making mode.
Skyrocketing values
During the bitter negotiations of 2011 that resulted in the loss of 16 games for each team off of the schedule, the players ultimately accepted a decrease from 57 percent of basketball-related income to a band between 49 and 51 percent depending on a variety of economic factors for each particular season. After the league secured a new $24 billion television contract, franchise values skyrocketed. There was talk of the players opting out of the 10-year deal and seeking givebacks from the owners. But the talks between the owners and players this time around have been much more cordial.