Posted by martin:
I think LB would have gotten pretty close to full value on contract. Imagine a situation where he did not: ALL owners would then be in a position to fire their coaches and arbitrate (with Stern or otherwise). This would be BAAAADDDDD for the NBA. You can't set a precident like that with the owners OR coaches.
You all seem to be parroting this line, however, contracts are the length they are for a reason, otherwise you could sum it up in a sentence. There is always a breach clause, ESPECIALLY in a 60 million dollar contract. There is no coaches union, therefore I can reasonably assume there is a just cause to breach the contract, as there is a pretty powerful player's union and they have breach clauses in their contracts. My thinking is this:
1. Stern knows this is bad for the league on both counts, if LB gets everything it sends a message to the owners (who are the damn ruling class of the NBA) that they have no recourse for coaches who violate terms of their contract. If they have to pay nothing, it sends the message that the contracts are meaningless and hints of lawlessness. He can't do either, if honestly looks at the situation he can find enough fault on both sides to decide that neither should have their complete demands met.
2. He'll get some portion of his salary, around half. give or take a couple mil. No way Larry gets 53, its totally outside of the realm of possibility and no way they settle at 40, and no way he gets zero either. Any of these outcomes would mean, that this is not a 'settlement' and in fact one side won. Stern is pretty clearly saying that that wont be the outcome by ordering both sides to settle.
3. Stern also wants LB to coach again and wants this to go away, he'll make sure LB settles to something south of 40, arguing that he is going to sign a new contract soon, there is a case to be made against him, and that this is essentially free money he is asking for. He will not allow an owner in the league to be completely fleeced. He is accountable to owners, not coaches.
How all of you LB lovers happen to draw the conclusion he got 40 is pretty comical. Personally I think he ought to get nothing, but I think he will get about half.
ARK, your source says nothing about how much he got.