Monday, October 3rd, 2011 at 6:11 pm  |  12 responses

Group of Powerful Agents Warns Players Not to Cave

After meeting earlier today, the players and owners will negotiate once again tomorrow during what many are calling a do-or-die type of day, one that’ll result in a potentially saved season or one that’ll guarantee at least some canceled regular season games. According to ESPN, the most powerful player agents have issued a warning to their clients, telling them not to cave to the owners’ demands. Some details: “Concerned that leaders of the NBA players union continue to negotiate with owners about a new collective bargaining agreement that contains massive concessions by only the players, six of the most powerful player agencies jointly composed a warning letter over the weekend and sent it Monday to their clients, sources say. The letter advises the players not to ratify any deal that includes a reduction in basketball-related income beyond the 57 percent or any other systematic changes from the last collective bargaining agreement, which expired July 1. The owners have held firm to chopping the players’ share of BRI from 57 to 46 percent since negotiations began, union director Billy Hunter acknowledged after lengthy talks over the weekend were largely fruitless. Sources say the letter, a copy of which was obtained from a player who received it, was jointly composed by Arn Tellem of Wasserman Media Group; Bill Duffy of BDA Sports; Dan Fegan of Lagardere Unlimited; Jeff Schwartz of Excel Sports Management; Leon Rose and Henry Thomas of Creative Artists Agency; and Mark Bartelstein of Priority Sports and Entertainment. The same group of agents has strongly suggested that the union pursue decertification in light of the owners’ refusal to budge from demands for ‘givebacks’ as well as severe restrictions on future earnings, which the agents consider unfounded with the league setting a record for overall revenue last season and ‘skyrocketing television ratings,’ ‘record attendance’ and ‘ever increasing television rights deals’ over the last six seasons.”

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  • Bmack

    Can someone please explain to me why billionares are claiming they aren’t getting enough money? If I had a single billion, I could have my entire related family taken care of for the rest of our lives. Yet, somehow these guys find ways to make themselves look like victims. Pathetic.

  • fruizm

    whatever they are going to decide….just DECIDE already!!!!!

  • mike

    F*ck this sh*t. Play ball.

  • http://cnbc.com JTaylor21

    I wish this lockup would hurry up and end. Im anxious to see Chris Bosh play in his prime. He’s easily a top three all time power foward

  • http://Slamonline.com Caboose

    Why do I think that’s not the real JT?

  • poohead

    Let’s be honest, this is about the agents greed and nothing else, they don’t want a pay cut either

  • stayweird38


  • http://itsahardwoodlife.blogspot.com omphalos

    I think advising the players not to shift below 57% is a bit much, they should just settle on a 50/50 split.

  • Robb

    just tell stern not to wag his finger at wade, before he gets decked.

  • Taylor

    so basically the agents are telling the players not to take any deal. period. because no way the owners just say “you know what? let’s just keep the deal we had.” any agent who co-signed that letter should be fired by all of his clients.

  • Noël

    Like in every sport the agents f*&$ up the game. These parasites get extremely rich with selling other peoples talents!

  • Justin

    Bmack, it isn’t that the owners are trying to get more money, they’re trying to lose a lot less than they have over the past several years. Billionaire or not, collectively losing hundreds of millions of dollars is unacceptable for anyone. It’s still a business for them, and making money is pretty much the primary point of any business