It's not hard to reason this one but you migh...
If you've been paying attention, you'd know that the NBA has been on lockout since July 1. Even as negotiations failed, it now looks like there may be more than a little light at the end of the tunnel.
Basketball fans the world over are happy to learn that the longstanding NBA lockout--which could've seen this season being cancelled--is finally over. On November 26, the team owners and the Players' Association struck a tentative deal that will hopefully see the season getting underway around Christmas time.
The two parties had not been able to agree over the details of a new collective bargaining agreement. The players demanded a hefty 57% of basketball related income, whereas the owners were only willing to stretch as far as 44% at the outset.
However, after a few rounds of negotiation, the two parties came really close a couple of months ago, when the owners offered 50% revenue to the players--and the players were angling for 52.5%. The current agreement sees both sides take a 50-50 split.
But this deal still needs to be put to vote with the 29 team owners and 450 players. This, according to insiders, is a mere formality, as everyone's eager to get the season started.
NBA commissioner David Stern, who's been mediating the negotiations even said, “We’re optimistic that the [agreement] will hold and we’ll have ourselves an NBA season.”
The proposed season will have 66 instead of the usual 82 regular-season games. The post-season schedule will remain unchanged.
This news will be welcome by several players who were looking at overseas teams, hoping for them to match NBA-sized contracts. The likes of Kobe Bryant and LeBron James will finally be doing what they do best--and not just haggling in board rooms.
This lockout should also allow Kim Kardashian's soon to be ex-hubby Kris Humphries to get over his failed nuptials by showing up on a more familiar kind of court for a change!
Here's the news every basketball fan was dying to hear:
-Picture courtesy Reuters-
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