Larry Coon writes today on ESPN that if we are to believe that the disparity between what the players want and what the owners want to give them is 53% compared to 50%, respectively. In fact, over the past weekend LeBron James and Dwyane Wade urged the NBPA not to go below that 53% threshold. The owners, once entrenched at a 46% portion for the players, have inched closer to that 50% mark, and so now, the 3% spread is all that remains between a "regular" season and the juice running.
As we saw yesterday from Ken Berger, each percentage point equates to about $40 million, so the current disagreement is worth about $120 million.
Coon takes us through some quick math:
- Next season, BRI is expected to be about $4 billion.
- Under the owners' offer, players would get 50%, or $2 billion.
- Under the players' demand, players would take 53%, or $2.12 billion.
- Ergo, the difference between what the players want and what the owners want to give them THIS SEASON is about $120 million in the aggregate. If the CBA lasts another six years, you're looking at a number a shade under $800 million (assuming historical growth rates).
- In the aggregate, players earn about $82.4 million each week.
- Donahue estimates that about $200 million was lost by a canceled pre-season.
- Donahue estimates that the league will lose approximately $250 million per month.
- The teams would capture $160 million in savings by capitulating to the players, which would be the difference between paying out 57% last season and 53% in the new agreement.
"For every 1% reduction in the revenue forecast for the next six-year period, the NBA will lose about $263 million (in today's dollars). This loss will be distributed more or less equally between the two sides and would be in addition to the lost income discussed above."
"You have a reasonable idea," a person connected to the negotiations said. "But you're not dealing with reasonable people."