Thursday, September 30th, 2010 at 9:30 am  |  9 responses

NBA Fines Ted Leonsis for Salary Cap Comments

The Wizards’ owner received a $100,000 slap on the wrist for discussing ongoing CBA talks. The WaPo has the details: “Wizards owner Ted Leonsis has been fined $100,000 by the NBA for his comments about possible changes to the league’s salary cap. At a breakfast with local business leaders at George Mason University on Wednesday, Leonsis said that he expects the NBA to soon have a salary cap structure similar to the NHL, according to an Associated Press report. ‘In a salary cap era — and soon a hard salary cap in the NBA like it’s in the NHL — if everyone can pay the same amount to the same amount of players, its the small nuanced differences that matter,’ said Leonsis, who also owns the NHL’s Capitals. Later Wednesday, the NBA announced the fine for ‘unauthorized public comments regarding the league’s collective bargaining negotiations.’ NBA Commissioner David Stern addressed Leonsis’s comments before the fine was announced. ‘We’re negotiating and that was one of our negotiating points,’ he told the AP, ‘but collective bargaining is a negotiating process, and that was not something that Ted was authorized to say and he will be dealt with for that lapse in judgment.’”

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  • JTaylor21 Posted: Sep.30 at 9:33 am
    GOOD f*ck the owners.

  • chiqo Posted: Sep.30 at 9:33 am
    welcome to the league, ted!

  • IAMORANGE4EVER Posted: Sep.30 at 9:40 am
    I got dinner next week, Ted. -Stern

  • JoeMaMa Posted: Sep.30 at 9:43 am
    He’ll make that back and more when the hard cap comes in. Because, like every other CBA, it’ll be owner friendly. More than friendly, actually…I think the last CBA caught something from Donald Sterling.

  • LDR4 Posted: Sep.30 at 9:56 am
    Stern acts with impunity. Who can fine him? POWER! UNLIMITED POWER! (Imperial Death March plays)

  • niQ Posted: Sep.30 at 10:45 am
    Wow. That amount of money ain’t a joke.
    NBA – Where David Stern Fines You happens.

  • LA Huey Posted: Sep.30 at 11:20 am
    Hard cap would absolutely kill Boston and LA

  • Allenp Posted: Sep.30 at 12:54 pm
    So now we know what the owners want.
    They want the type of salary cap that greatly reduces players salaries because that’s exactly what a hard cap does.
    Hard caps provide teams with built in justifications for cutting productive star players, or forcing those stars to renegotiate their deals in the interest of helping the “team” compete. It’s a slick move.
    Everybody wants to be the NFL. The professional league that uses up its players the fastest, pays them the least and has the most physical danger.

  • Dacre Posted: Sep.30 at 10:39 pm
    sternbot not only wants the players to have little to no reaction on calls…can’t move an arm, don’t even THINK about looking in the refs direction, but he wants them to settle for less $$$ as everyone looks ahead to the miami heat selling out every arena they visit this year…
    STERN – why don’t we just sit around and play out the season on PS3??? oh thats right we can’t because Elite is broke. Alot like the real NBA is looking….
    Elite/EA live lock out = NBA lockout???
    _____________________________________________________
    the goose that laid the golden egg….and then proceeded to melt it down to make a protein shake.

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