martin
Posts: 69139
Alba Posts: 108
Joined: 7/24/2001
Member: #2 USA
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I like it.
http://www.nypost.com/sports/25245.htm
"On April 17, the two sides essentially had agreed to the following:
A reduction of the maximum length of player's contract from seven (parent team) and six years (suitor) to five and five; a reduction of annual increases from 121/2 and 10 percent, respectively, to 11.5 and nine percent; a raise in the age limit from 18 to 19 with a lottery exception (anybody, date of birth notwithstanding, drafted in the top 14 would be eligible to play in the league); the players' guaranteed share of the business related income would remain a minimum of 57 percent but soar most likely to over 60; the cap would increase from 48 to 51 percent, thus the average salary would swell from $4.4 to $5.5M; and drug testing would be strengthened pertaining to performance-enhancing substances and abuse, including random exams of veterans. Nothing explicit was outlined. There's a continuing debate concerning how many times the vets could be given a random urinalysis for steroids versus recreational drugs.
Which brings us to union's most contentions issue, the 10-percent escrow tax on players' salaries. Over the last four years they've had to return $700M to the league, including $187M this season, which is distributed among all the teams not exceeding the luxury tax level. "
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