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Thursday, October 21st, 2010 at 3:05 pm  |  72 responses

David Stern Wants NBA Player Salaries Cut by One-Third

One-third? Wow. This is the type of report that keeps Billy Hunter up at night. From the AP: NBA commissioner David Stern says there was no quantifiable progress in collective bargaining talks over the summer, and the league has revealed it is seeking a reduction in player salary costs by about one-third. Stern says the league wants player costs to drop by about $750-800 million. Deputy commissioner Adam Silver says the NBA currently spends about $2.1 billion annually in player salaries and benefits.”

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  • the nerve

    i’ll smack homes in da throat neck

  • Papou

    What a jew.

  • JTaylor21

    Stern you’re joking right? Dude was obviously on that CheechnChong when he dreamt of this foolish idea.

  • http://www.hoopsvibe.com/nba/features/overdribbling chiqo

    gah. that’s not a lot of money or anything.

  • http://www.bulls.com Enigmatic

    Is Carmleo still sure he don’t wanna sign an extension right now??

  • TSmoove

    Carmelo – On second thought…I’ve realized that my ‘heart is in denver’ an i really wanna stay here so i’ve decided to sign the extension.

  • http://www.slamonline.com Wayno

    They should be cut, they’re just entertainers for goodness sake! It’ll never fly with the players though.

  • EJ

    I’m with Stern for once. Or maybe they should pay them the same amount and make them give 1/3 of their slary to charity. Atleast the guys who make over 10 million a year.

  • http://slamonline.com The Black Rick Kamla

    …..this league is lookin mad funny right about now…and I usually have a great deal of respect for Stern…

  • http://www.chicagonow.com/blogs/chicago-bulls-confidential/ Diesel

    I’m all for it…as long as ticket pricess are reduced as a result as well. Those savings can’t go back to the owners.

  • bigmatto1

    I read a an article a little while ago that talked about players salaries. Asking the question, should we go back to the day that these players make more than the average person for playing a sport, or more than the average business. You can argue that they are business, but theyre are not…the bodys that play sports attached to faces that sell products. Not a business. My biggest argument againt them taking a pay cut is the idea of profit sharing. If the team makes alot on them, they should make some of the money..thats the business thought. But if these teams are losing money, shouldnt the players makes less?

  • Heals

    Then talk to Hawks-JJohnson Deal, T-wolves-Darko deal, the Sixers-EBrand and Dalembert (finally traded). Ridiculous, GM’s and owners dole out the dollars for players that shouldn’t be paid like superstars, then whine when s**t hits the fan…

  • http://www.slamonline.com Eboy

    Hello Lockout…..my name is Eboy…..I am willing to play for the veteran’s minimum for the Miami Heat next year, no strings attached. I will provide my own food, lodging and sneakers. If you need a referral, please contact Coach PJ Carlesimo who has my basketball resume at his disposal. Thank you.

  • Brian

    Good one Diesel, that’ll happen……….

  • IHaveADream

    The league is about the players. People love the NBA because of the players, not because of David Stern or the owners. This man continues to do things to try to screw up the league. First it’s the new technical foul rule that must be changed immediately. And now this. If owners are stupid enough to give huge money to subpar talent, that’s their fault. Stern needs to keep his nose out of it, sit back and enjoy the game like the rest of us.

  • http://scott.r.carter10@gmail.com Scott Carter

    I’m smelling a lockout.

  • bashmo

    Owners have been wanting a bigger piece of the pie, as far as revenue comes and they feel as if they arent getting their share. To own a team is an investment. Am I incorrect to assume that owning a team gives you a share of merchandise sales, and other bonuses, and such? I guess owners feel they arent getting enough cash outta this whole thing, which I would assume is the exact opposite

  • EJ

    Give the 1/3 to charity, it would really suck if it just satyed with the owners.

  • EJ

    Give the 1/3 to charity, it would really suck if the money just stayed with the owners.

  • 80y4n

    Hmm strange how he said it :” the NBA currently spends about $2.1 billion annually in player salaries and benefits.” When he says the NBA, he means all the club owners, or do the players get any percentage of the money directly from the league as well?

  • http://www.need4sheed.com Tarzan Cooper

    Damn stern. Owners make so much, and they hide as much as they can, such as network profits. League has had one of best seasons ever, will have best ever this season, biggest tv deal ever. Most merch sales ever, expanding to china, europe, brazil, etc etc etc. Yet, somehow, owners are claiming poverty, theyre lying about not making a ton, thats the whole problem.

  • http://slamonline.com Allenp

    somebody needs to deal with that second comment. seriously.

  • http://slamonline.com Allenp

    Tarzan speaks the truth.
    They always whine about losing money, then ignore the television deals, which is how they all manage to turn profits every year. Yeah, they may not balance the ledger sheet with local ticket and merchandise sells but, that t.v. revenue makes it all better. Believe that.

  • http://slamonline.com The Black Rick Kamla

    …Well guys we could be looking at the last season of basketball for the next 1-2 years…

  • http://www.slamonline.com Nima Zarrabi

    There will be blood. Union went hard after the NBA pissed them off with their 1st proposal. Brought Bosh, LeBron, DWade and Melo to the bargaining table to show maximum leverage. Now that all those cats other than Melo have their security, I find it hard to believe that they will care about the hard details of this negotiation. They will simply want to make sure their checks come on time. @eboy: That was epic. Nicely done.

  • dave19

    The leagues situation is looking worse and worse lately. I have a feeling things get rough soon. This is ridiculous… A 33% cut is just silly big. Like, joke numbers. All that will do is ruffle feathers among the players and fan the flames of the whole situation… What a great idea Stern.

  • PapaBearATL

    It’s probably real hard to give several million dollars to someone, for any reason. It’s probably 100 times harder getting those millions back, lol! Whatchu think they ball for, to push a effin’ RAV-4. They sacrifice their bodies and entertain the masses, they should take a pay cut when ticket percentages team sponsorship deals become a part of their contracts.

  • MikeC.

    This is just an opening gambit. The league will probably end up settling for something like a 10% rollback on player salaries. They can’t start by saying what they will actually settle for. They’re negotiating and this is Stern’s first concrete offer. The union will counter and they’ll barter back and forth until they reach a compromise.

  • Smurf. V

    The question is, how much is stern making? And is he willing to give up 1/3 of his earnings?

  • http://Www.slamonline.com Negative kreep

    ^ Word.

  • The Philosopher

    Agree with Mike C.
    Cooler heads must prevail.
    We all hope they will.
    I think they will.

  • http://www.triplejunearthed.com/dacre Dacre

    @MikeC – It’s alot like buying haviana’s in Bali…you usually get to about half of what you originally agree on

  • Feez22

    I’m not going to write a paragraph on this topic. Stern you just fast tracked a lockout good job. I Hate what stern has done to the NBA.

  • http://www.triplejunearthed.com/dacre Dacre

    Scott Carter Posted: Oct.21 at 3:57 pm
    I’m smelling a lockout.
    _____________________________________________________
    SMELLING a lockout??? Your practically about to step in it…!

  • http://www.triplejunearthed.com/dacre Dacre

    Allenp – I think he meant to say..’what a jewel’… a jewel in the crown of sternbots reign of tyrannical over-lord-dom and crusher of dreams for young sports men and women and…. ahhh what the -Yeah it was racist straight up.

  • Feez22

    Actually I have 2 talk about this… Look no one forced Detroit to sign Ben Gordon as Charlie Villanueva to egregious deals. No one forced Minnesota to sign Darko to a 20 m dollar deal. However to say that you are gonna cut NBA salaries by a third is not fair especially to the stars. The big 3 in Mia is going to make Hundreds of MILlIONS for the franchise and will pump 1 BIlLION per yr into that economy. I just won’t fly with players being exploited like that ESP in a players league. You may say “these guys make millions” ever heard of a million dollar slave? Example: lebron in Cleveland made 62 million in his tenure with Cleveland. Dan Gilbert made 200+ MILLION off lebron. Think about that. Now we want our players and stars to take a third of a paycut? Im fine with lessening pay of the role players . HOWEVER faces of franchises should face no paycuts bc the are te primary attractions. Understand that if they did this b4 lebron a player that made hundreds of millions for the cavs, millions for the NBA and was responsible for 70 percent of the cavs fanbase would have to the FORFEIT 20 million dollars of salary? Ridiculous. GMs and owners need 2 do their jobs and STaoP handing out crazy deals to subpar players. That’s my take.

  • Michael

    Why?…Because the Sternbot says so. Surely its time for some fresh blood to lead the nba.

  • Ali Saadat

    See how much money these players make, I don’t see this as a problem. It’s okay as long as the NBA front office and NBPA agree on a way to spend the deducted money. I mean losing maybe $40 mil of a $120 mil contract shouldn’t be a problem. You still have endorsements and it is no way necessary for players to be spending an absurd amount of money on things.

  • http://google c_cantrell

    yeah ok good with that lil buddy

  • Michael

    Wow. Stern has been commisioner for longer then i’ve been alive.

  • http://www.twitter.com/gerardhimself Gerard Himself

    There are back up centers making 7 million a year. Don’t blame the players for getting paid. This will be a dogfight.

  • Michael

    Im not against lowering salaries but im dam sure the players will fight it hard. Im saying, its the owners fault the players are paid so much isn’t it? They continually through more n more money at worse an worse players and look what happens?

    But at the same time im not really against the players earning as much as they do either, if they’re willing to give it to you then by all means get you money. As long as the players honour their contract I dont mind.

  • Mike

    I say we keep everything the same, except, the NBA makes it so the maximum amount of money a player can make is 15 million

  • http://thetroyblog.com Teddy-the-Bear

    The comment made by “Papou” is really stupid and should be removed. What an idiot.

  • Mike

    agree completely
    go somewhere else u ignorant douchebag

  • Drone

    First, I agree with everyone who said the owners were foolish for giving role palyers star salalries. No one put a gun to their heads. It’s their own fault that subpar guys are overpaid. Secondly, how badly is the money being managed if you can have one of the best seasons ever in last season, yet still be in financial trouble? The players shouldn’t have to pay for the mistakes of the owners.

  • http://twitter.com/HarryByrdMan44 LA Huey

    Stern’s posturing. We don’t believe you, you need more people.

  • The Philosopher 2.0

    He’s off his rocker,
    old farts

  • Michael

    @Eboy, homie I will play for the heat during the lockout and all they have to do is match my current salary, I will even be responsible for the oranges at halftime and washing the jerseys. But I will require life long floor seats to all home games as a singing bonus.

  • Michael

    *or even signing bonus, but i will sing if required…

  • flipnoyce

    Stern must be losing his damn mind. He needs to resign and find something else to do, like the WNBA. If thats the case then owners would make less and Athletes would make less and game seats should also be reduce to one third. I’m game!

  • barnabusb

    I wish everything could be scaled back by a certain percentage, from player’s salary to ticket cost to merchandise cost to hot dogs at the stadium. Just bring everything down a notch or two so people can enjoy the game and it’s not such a crazy money machine.

  • Papou

    I would remove the comment if I could, I didn’t write it. A buddy of mine was reading the news and since the Name & Mail fields keep my info in memory he just went for it. I asked him why and he said “TROLLING YOUR NAME IN THE MUD BRO!

    We laughed and went to play basketball.

    None of us are racist and none of us have ever met or known a jew. We have no opinion on jews whatsoever. He fed off an old stereotype I guess.

    Peace

  • Papou

    Oh and yeah, sorry if this offended anyone, I understand because I cringe everytime I see people make comments on canadians or people from Quebec just out of pure ignorance.

  • Coney Islander

    I’m gonna miss the NBA :o (

  • MikeC.

    Stern needs to grow a lockout moustache to show the players union that he means business and is not to be trifled with.

  • lazaruz

    europe lets go!

  • neaorin

    In business talk that means the owners would settle for a 15-20 percent payroll reduction. Would the PA be willing to accept that? Not bloody likely, old chap.

  • http://www.laumol.nl/weblog Laumol

    I’m with Eboy and also volunteering for a rosterspot in next season’s lockout. Any GM have interest in a white, European guard with little hops and no reliable jumpshot (or freethrow for that matter)?

  • http://www.need4sheed.com Tarzan Cooper

    papus explanation and comments are very odd. never met a jew?? heres a way for the league to save money: stop throwing away money at the wnba, make it profitable or drop it. they make more money overseas anyways…….. speaking of such, if a lockout persists, could players go to europe? im sure free agents could.

  • http://www.need4sheed.com Tarzan Cooper

    Garnett once tried to bet a referee a cheeseburger that he didn’t commit a foul the referee had accused him of.

  • Lockout

    Hello Eboy, and thank you for your interest in playing for our Miami Heat. I have seen your C.V in the Slam comment section and unfortunately I believe you are lacking the necessary comprehension and mental fortitude required for such a fast paced sport. Please do take the time to make some attitudinal adjustments and perhaps re-apply to our very progressive D-League. Warmest Wishes, Lockout.

  • http://www.slamonline melvin ely

    @tarzan, that was Duncan, and the referee was Crawford.

  • http://www.acb.com A l a n

    I guess this means Stern is also considering to reduce price tickets by 1/3…

  • http://www.google.com/news BETCATS

    Stern is getting too greedy. After he made the NBA a force he has began to try and find money in new ways. Between taking away money and NBA Europe (having NBA teams expand to Europe) i am not sure which is crazy and which is crazier.

  • Pingback: SLAM ONLINE | » NBA to Explore Contraction?

  • ClydeSays

    Stern would have to show a history of declining profits and projections that profits would continue to decline in order to sell that kind of pay cut to the Union.

    At the end of the day, isn’t the NBA a media brand? Shouldn’t they operate like one? Players should share in the profits of merchandise, tickets sales, etc. If the companies profits suffer, that will have an impact on wages & contracts.

  • http://Slamonline.com Caboose

    Ok here’s my solution. The marquee players’ salaries are right where they should be (Bron, Kobe, Dwight, Durant, etc). It’s the average players with the 4-10 million per year deals that hurt. Therefore, if Stern wants a paycut, he has all 30 teams calculate what 10% of their total player salary is. Then, the owners and GM’s cut that amount of money from whatever players’ salary on their own team they wish (no more than 25% of one player’s salary). Then, lower the mid level exception to under 5 million, decrease the salary cap by 10%, the hard cap by 20%, lower the veteran minimum, and decrease the power of Bird Years.

  • hello

    I have a better solution, make the fans pay, they have been paying so far, so raise the ticket prices. There will always be someone willing to pay.

  • http://Slamonline.com Caboose

    I remember that game melvin ely, that was hilarious.

  • CommonSense

    The NBA needs to be shut down for 2 years! This way they could reorganize and players would be forced into living off realistic contracts.

  • STATUS

    That guys “jew” comment was stupid and bigoted, but being Jewish is a religion NOT a race. Jewish people come in all races.

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