NBA Owners Win Big with New Collective Bargaining Agreement

by News on November 28, 2011

in Surveys and Reports

By Patrick Rishe/Forbes


That’s the phrase that best sums the collective emotions of owners and players alike as news broke this weekend of a tentative labor deal between NBA players and owners.

Make no mistake…the owners won HUGE in these negotiations.

But fear not for the players, as they will retain the title as the highest-paid athletes in professional team sportsAnd they will still benefit from various intricacies that will enable them a certain degree of financial flexibility and team mobility.

An assessment of the proposed new NBA collective bargaining agreement…with the acknowledgement that the final details have yet to be ironed out, ratified and voted upon by owners and players alike.

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