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Memo Urges NBPA Members to Approve CBA
Posted By HOOPSWORLD On December 7, 2011 @ 5:16 pm In All,Headlines,NBA Headlines | No Comments
In the memo, a copy of which was obtained by SheridanHoops.com, union director Billy Hunter wrote: “Although the players made significant financial concessions, including taking a reduced share of Basketball Related Income, collective salaries will nonetheless increase over the course of the CBA, the players retained important system issues, and achieved gains on non-economic issues.
The document goes on to list the terms of the agreement. Among them:
_ An expected increase in annual collective salaries and benefits from the current $2.17 billion to more than $3 billion by the end of the 10-year agreement.
_ Neutral review of commissioner David Stern’s financial discipline for players’ on-court conduct.
_ A minimum of 16 days off for each player during a season (beginning in 2012-13).
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