Stern: 'Rational thing' for union is to take deal
Monday, November 7, 2011
NEW YORK (AP) -- NBA players are facing a Wednesday deadline to accept the league's latest proposal or face a worse one, and Commissioner David Stern says "the only rational thing to do is for us to make that deal."
During an interview on ESPN, Stern said Monday the league believes there is a "great offer on the table" but noted "it'll get worse from there" if the deadline he imposed Sunday passes without an agreement.
That proposal calls for players to receive anywhere between 49-51 percent of basketball-related income, though players argued it would be nearly impossible for them to get anywhere above 50.2. Stern said the next one will call for a 53-47 split in the owners' favor, along with essentially a hard salary cap.