NBA Lockout Announcement
Friday, 01 July 2011 15:11 | Written by Gary Lewis | 
| 
|
Dear Basketball Friends,
Following the NBA's announcement this morning (below) we have decided to suspend all planning for next seasons' NBA Supporters Tour. It is difficult for us to plan a tour when we are uncertain as to whether or not the dispute will be resolved in time for us to successfully confirm all arrangements.
We apologise for any inconvenience this may cause and we hope to reintroduce an NBA Supporters Tours at a later date.
The National Basketball Association announced that it will commence a lockout of its players, effective at 12:01 am ET on July 1, until a new collective bargaining agreement is reached with the National Basketball Players Association.
"The expiring collective bargaining agreement created a broken system that produced huge financial losses for our teams," said NBA Deputy Commissioner Adam Silver. "We need a sustainable business model that allows all 30 teams to be able to compete for a championship, fairly compensates our players, and provides teams, if well-managed, with an opportunity to be profitable."
"We have made several proposals to the union, including a deal targeting $2 billion annually as the players' share -- an average of approximately $5 million per player that could increase along with league revenue growth," said Silver. "Elements of our proposal would also better align players' pay with performance."
"We will continue to make every effort to reach a new agreement that is fair and in the best interests of our teams, our players, our fans, and our game."
During the lockout, players will not receive their salaries; teams will not negotiate, sign or trade player contracts; players will not be able to use team facilities for any purpose; and teams will not conduct or facilitate any summer camps, exhibitions, practices, workouts, coaching sessions, or team meetings.
Following the NBA's announcement this morning (below) we have decided to suspend all planning for next seasons' NBA Supporters Tour. It is difficult for us to plan a tour when we are uncertain as to whether or not the dispute will be resolved in time for us to successfully confirm all arrangements.
We apologise for any inconvenience this may cause and we hope to reintroduce an NBA Supporters Tours at a later date.
The National Basketball Association announced that it will commence a lockout of its players, effective at 12:01 am ET on July 1, until a new collective bargaining agreement is reached with the National Basketball Players Association.
"The expiring collective bargaining agreement created a broken system that produced huge financial losses for our teams," said NBA Deputy Commissioner Adam Silver. "We need a sustainable business model that allows all 30 teams to be able to compete for a championship, fairly compensates our players, and provides teams, if well-managed, with an opportunity to be profitable."
"We have made several proposals to the union, including a deal targeting $2 billion annually as the players' share -- an average of approximately $5 million per player that could increase along with league revenue growth," said Silver. "Elements of our proposal would also better align players' pay with performance."
"We will continue to make every effort to reach a new agreement that is fair and in the best interests of our teams, our players, our fans, and our game."
During the lockout, players will not receive their salaries; teams will not negotiate, sign or trade player contracts; players will not be able to use team facilities for any purpose; and teams will not conduct or facilitate any summer camps, exhibitions, practices, workouts, coaching sessions, or team meetings.
Introducing SCA Sports Tours
Get ready for an experience your players will never forget. Head down to Australia for this years most exciting sports tour.
SCA Sports Tours is a concept where sports come together with some of the hottest and coolist tourism icons Australia have to offer.
A unique bonding experience for the players
- Professional training facilities
- Competitive games tailored to your team’s skill level
- Private coach transport to games and attractions
- English speaking culture, no communication problems
- Stable and peaceful country with close ties to America
- Safe public transport – trains, ferries and buses
- World-class attractions and tourism destinations
- Opportunities to meet with National and State League officials
