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Lockout!!!

I don't know how legitimate this article is, but apparently Kobe is willing to hand out loans to low-salary players to help them make it through the lockout.

https://basketball.realgm.com/wiretap/215638/Kobe_Could_Offer_Loans_To_Fellow_Players

Is he for real? How long does Kobe think he can support 1/3 of the league with NBA player's lifestyles? Obviously, he's looking out for future big-earners in the NBA, and he doesn't want the little guy to be "forced" to cave into the NBA's CBA demands because they're broke. But this seems like such a short-sighted fix that I can't imagine it would do much at all.

...hey, these clowns cap each other when they get stiffed in a card game! What do you think would happen if some players were delinquent on Kobe loans!!!!
 
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Hilarious transparency on part of the players. They're called 'pros' because of their bb skills, obviously.
 
Good for Kobe. Important parts in are red: "...he and others are prepared to loan money if necessary." So it's not like he is trying to prop up 1/3 of the league all by himself. He's not by himself, and presumably the "if necessary" part will be a much smaller fraction of the league.

Loan does not help. the money has to be paid back. so in eccense they lose income this year. and have to pay the loan back. stupid ****
 
Loan does not help. the money has to be paid back. so in eccense they lose income this year. and have to pay the loan back. stupid ****

Not really. If they a house,car,child support,etc. payment to pay that they can't pay because they don't have a check coming in, they can borrow money from Kobe (probably at a better rate than from a bank too).
 
Good for Kobe. Important parts in are red: "...he and others are prepared to loan money if necessary." So it's not like he is trying to prop up 1/3 of the league all by himself. He's not by himself, and presumably the "if necessary" part will be a much smaller fraction of the league.

It will be interesting to see what these willing lenders are really going to do. Say, if I were Kenyon Martin and I were not going overseas, would Kobe be willing to lend me $9M since I made that much last year? Or he would only lend me veteran minimum since he thinks I am only going to make this much?
 
Email from the jazz I got.


We appreciate your continued patience as the NBA and the NBA Players Association negotiate a new collective bargaining agreement. Since no such agreement has been reached at this time, the league has postponed player training camps and cancelled preseason games scheduled through October 15, 2011.

Please know that you are a vital part of the Utah Jazz, and we value your support.*

We want to assure you that the league’s efforts are focused on reaching an agreement that benefits all parties involved.* The NBA’s goal is to secure a sustainable business model that enables all 30 teams to compete for a championship, fairly compensates players, and ensures a world-class experience for our fans.*

We recognize that without our fans, there would be no NBA. Your passion for the game is what motivates us, and we do not take your support for granted. The league will continue to work toward a new collective bargaining agreement so that we can get back to enjoying the excitement of NBA basketball.

For more information, visit*NBA.com's Labor Central page.*

Thank you again for your support and your continued loyalty to the Utah Jazz.

Sincerely,
 
hoopshype.com :

"Steve Kyler: So where do we stand... 3% or about $123 million and a hard cap apart... Players have a choice. 53% and a hard cap or 50% and no hard cap."
 
50% and no hard cap is a pretty good deal for the players considering what the owners wanted originally and what they could basically continue to hold out for (45% and a hard cap).

For my part, I think the players should get 51% under a flex cap system with most of the existing rules remaining. Max length for MLE deals should be shortened one or even two seasons with a provision where the free agent's last team can offer that additional year or two even without Bird Rights.
 
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