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NBA, Players Reach Deal For A New Labor Agreement

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The NBA’s most profitable period will continue for at least six more years, thanks to a tentative deal between the league and its players on a new Collective Bargaining deal that will take effect this summer.

It took more than a year of bargaining, with the intensity and expectation increasing in recent days, and the handshake agreement was reached in the early hours of Saturday morning — shortly after the league intended to notify the NBAPA of its intention to opt out of the current CBA on June 30.

Instead, an agreement was reached, at least in theory. “The NBA and the National Basketball Players Association have reached a tentative agreement on a new Collective Bargaining Agreement, which is subject to ratification by players and team governors,” the league said shortly before 3 a.m. Eastern.

Technically, it will be a seven-year agreement, but either party can opt out a year early, meaning labor peace will last only until the 2028-29 season. It will also usher in the age of an in-season tournament, which Commissioner Adam Silver has long desired.

Teams will be issued an 80-game schedule for next season in August unless something changes. Among those 80 games will be four “tournament” games that will score in regular-season standings. All teams will ultimately have two more games added to their schedule to complete the full 82-game slate; the two teams that reach the tournament final will play an 83rd game that will not count in the standings.

The NBA and the National Basketball Players Association have reached a tentative agreement.

According to a person familiar with the negotiations who spoke to The Associated Press, among other details:

  • Players will generally have to appear in at least 65 games to be eligible for top individual awards such as Most Valuable Player.
  • The maximum value of contract extensions will increase.
  • Teams will now have access to a third two-way contract, potentially increasing roster sizes from 17 to 18.

The individual spoke anonymously because neither the league nor the National Basketball Players Association made any public statements.

Once achieved, a second luxury tax level will prevent teams from using their midlevel exception to sign players, according to the CBA. Given how some teams wanted the so-called “upper spending limit,” which would have essentially installed an absolute ceiling on what can be spent each season and helped balance the playing field between teams willing to pay massive tax bills — such as the reigning NBA champion Golden State Warriors — and those who aren’t, that was a clear compromise.

“Once again, the players fail… “Teams in the middle and lower tiers don’t spend because they don’t want to,” Golden State’s Draymond Green said on Twitter. “They want to fail. To increase their spending power to grow it. They keep removing the center. And this is why we hurried into a deal?”

CJ McCollum, a guard for the New Orleans Pelicans, said he welcomes feedback from all players but added, “You can’t make everyone happy.” That is not feasible.

“You have to be able to do what’s best for the collective,” McCollum said following the Pelicans’ victory over the Los Angeles Clippers on Saturday night. “There are 450 players and 450 different points of view, including mine.”… It comes down to having a happy medium in certain areas.”

The new CBA will not reinstate the policy that allowed high school players to join the NBA draft.

The new CBA will not reinstate the policy that allowed high school players to join the NBA draft. It’s been discussed and on the agenda for months, but the regulation isn’t going away anytime soon — at least not for the next CBA.

“We also appreciate that there is a lot of benefit to having veterans who can bring those 18-year-olds along,” NBPA executive director Tamika Tremaglio said during an NBPA news conference during All-Star weekend in February. “And so, to be quite honest, anything that we would even consider would have to include a component that would allow veterans to be a part of it as well.”

Silver stated after a Wednesday two-day Board of Governors meeting that he was optimistic about reaching an agreement by the weekend — a clear positive sign. The current CBA, which went into effect on July 1, 2017, included a mutual choice for either the NBA or the NBPA to opt out after six seasons or on June 30, 2018.

The agreement reached on Saturday does not end the process, but it is a significant move forward.

The owners must decide what the negotiators have hammered out, and the players must vote to accept the deal. The document is then written — the most current CBA/NBA was around 600 pages long, with nearly 5,000 paragraphs and 200,000 words. Much of it will be the same, and much of it will need to be revised.

And, even though these talks lasted more than a year, this is the second straight CBA that has been negotiated without the dysfunction that preceded the talks in 2011 — when the league ended up locking out players for 161 days and had to shorten the 2011-12 season from 82 to 66 games.

There was no appetite for a strike, not after the NBA’s revenue surpassed $10 billion for the first time and basketball-related income surpassed $8.9 billion, another milestone. According to Silver, the NBA is on track to sell out more games than ever before this season.

SOURCE – (AP)

Kiara Grace is a staff writer at VORNews, a reputable online publication. Her writing focuses on technology trends, particularly in the realm of consumer electronics and software. With a keen eye for detail and a knack for breaking down complex topics, Kiara delivers insightful analyses that resonate with tech enthusiasts and casual readers alike. Her articles strike a balance between in-depth coverage and accessibility, making them a go-to resource for anyone seeking to stay informed about the latest innovations shaping our digital world.

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Rangers Reacquire Switch-Hitting OF Robbie Grossman In A Trade With The White Sox

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AP News - VOR News Image

OAKLAND, California – The Texas Rangers acquired switch-hitting outfielder Robbie Grossman from the Chicago White Sox in a deal on Wednesday.

Texas sent minor league right-hander Anthony Hoopii-Tuionetoa to Chicago. Grossman hit 238 with 10 home runs and 49 RBIs in 115 games for the Rangers last season, helping them win their first World Series title.

AP – VOR News Image

Rangers Reacquire Switch-Hitting OF Robbie Grossman In A Trade With The White Sox

Grossman signed a minor league contract with the White Sox in free agency and was promoted a week into the season after outfielder and designated hitter Eloy Jiménez was placed on the 10-day injured list. Grossman hit. 211 with no homers and four RBIs in 19 games, although he batted. 375 (6 for 16) with two doubles and four walks against left-handed pitchers, compared to. 309 with five homers for Texas the previous season.

Rangers rookie outfielder Wyatt Langford, a right-handed hitter, could miss a month after being placed on the injured list this week with a strained right hamstring.

AP – VOR News Image

Rangers Reacquire Switch-Hitting OF Robbie Grossman In A Trade With The White Sox

The Rangers designated left-handed pitcher Kolton Ingram for assignment on the 40-man roster.

The Rangers confirmed the deal ahead of a doubleheader in Oakland on Wednesday. When Grossman returns to the club, they must make another transaction to bring him to the active roster.

Grossman, an MLB veteran of 12 years, has a career.243 batting average, 90 home runs, and 419 RBI in 1,151 games for Houston (2013-15), Minnesota (2016-18), Oakland (2019-20), Detroit (2021-22), Texas, and the White Sox.

MLB – VOR News Image

Rangers Reacquire Switch-Hitting OF Robbie Grossman In A Trade With The White Sox

In his 10 relief appearances at Double-A Frisco this season, Hoopii-Tuionetoa went 1-0 with a save and allowed only one unearned run in 12 1/3 innings. On April 24, the team acquired Ingram from the New York Mets through a waiver claim and assigned him to Triple-A Round Rock.

SOURCE – (AP)

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Knicks Set For Second Round Against The Pacers, An Old-School Playoff Rival Who Play A New-Age Game

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AP - VOR News Image

NEW YORK — When the New York Knicks would make their annual playoff run, they would nearly invariably run into the Indiana Pacers.

With the clubs preparing to resume their playoff rivalry in the Eastern Conference semifinals on Monday, it’s easy to recall those bruising battles from the 1990s. While the matchup is traditional, Jalen Brunson and the Knicks expect a modern opponent.

Tyrese Haliburton leads the NBA’s highest-scoring offense, with Indiana putting numbers on the scoreboard that made previous Knicks-Pacers games appear to be from another sport if not a different century.

AP News – VOR News Image

Knicks Set For Second Round Against The Pacers, An Old-School Playoff Rival Who Play A New-Age Game

“I guess whenever you have the original teams from back then, there’s always going to be some type of history,” Brunson said. “But you have two good teams that play, I don’t want to say differently, but they play their brand of basketball. So there’s going to be a battle of who will go out there, who wants it more, and who will try to get it.

Brunson led the No. 2-seeded Knicks past Philadelphia in the first round, advancing the team to the East semifinals in consecutive seasons for the first time since 1992-2000.

He scored 40 or more points in three consecutive playoff games, becoming only the eighth player in NBA history to do it. The league’s fourth-highest scorer in the regular season leads all players in the postseason with 35.5 points per game.

Indiana’s impressive numbers come as a group. The Pacers topped the league with 123.3 points per game, the sixth highest in league history, and were also first in field goal percentage and assists. They scored 140 points eleven times, an NBA record.

The sixth-seeded Pacers have not slowed down much in the playoffs. They averaged 113 when defeating No. 3 Milwaukee and scored at least 120 in all four victories over the six-game series.

The Knicks and Pacers played three times in a row from 1993 to 1995, swapping Game 7 triumphs in the latter two. They then played again from 1998 to 2000, the last two in the Eastern Conference finals. Indiana won their most recent meeting, defeating the No. 2-seeded Knicks in the 2013 East semifinals.

Neither club scored 120 points in any of the 41 games.

“It’s just a very intense matchup,” Pacers coach Rick Carlisle stated. “There has been a lot of stuff with Reggie Miller over the last five or six years, and I know there was another clash in 2013. We’re going to need to be very robust and very united.”

AP News – VOR News Image

Knicks Set For Second Round Against The Pacers, An Old-School Playoff Rival Who Play A New-Age Game

This season, Indiana was 2-1 versus New York, averaging 123.3 points per game, including 140 in a Dec. 30 win when the Knicks were short-handed due to a trade. Brunson averaged 35.7 points.

The point guards were teammates for the United States at the Basketball World Cup last summer before going on to enjoy their best NBA seasons. Both were All-Stars, with Haliburton starting for the Eastern Conference in his home arena and leading the league in assists with 10.9 per game.

Pascal Siakam and OG Anunoby started the season in Toronto before being moved to the Knicks in December and Indiana in January. The Knicks are 24-5 with Anunoby in the lineup, and he may be needed now to guard his old teammate, who began the playoffs with consecutive games of at least 35 points and 10 rebounds.

Brunson began his career in Dallas, playing under Carlisle, who lauded his former player’s character and said they had a terrific three years together. Brunson was asked whether he had any added motivation when an ESPN podcast mentioned his disappointment about seeing only 10 minutes of playing time in a Game 7 defeat to the Clippers in 2021.

“In all honesty, I said this last time, you’re in the playoffs now, there is no extra motivation,” Brunson said. “It is what it is, and the past is the past.” Rick welcomed me into this league, helped me become a player, and helped me improve from the beginning. So, a coach must make decisions that benefit their squad. So whatever occurred happened, and we’ll move on from there.”

AP News – VOR News Image

Knicks Set For Second Round Against The Pacers, An Old-School Playoff Rival Who Play A New-Age Game

Obi Toppin was the Knicks’ first-round choice in 2020 and quickly became a fan favorite despite rarely seeing lengthy playing time behind All-Star Julius Randle. He scored a career playoff-high 21 points off the bench in the final victory over Milwaukee and will return to his first NBA home.

“They’re one of the most physical teams in the league,” Toppin added. “They’ve had that identity for many years and we’ve got to come in there and match that physicality and play our style of basketball, and I think we’ll be good at that.”

SOURCE – (AP)

 

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Jose Aldo Nets $21k for Potential Final UFC 301 Fight

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Jose Aldo Nets $21k: UFC Image

Fighters from Saturday’s UFC 301 event took home UFC Promotional Guidelines Compliance pay totaling $280,000. The program, a comprehensive plan that includes outfitting requirements, media obligations and other items under the fighter code of conduct, replaces the previous payments made under the UFC Athlete Outfitting Policy.

UFC 301 took place at Rio Arena. The main card aired on pay-per-view following prelims on ESPN2 and ESPN+.

UFC 301: AI Generated Image

The full UFC 301 UFC Promotional Guidelines Compliance payouts included:

Alexandre Pantoja: $42,000
def. Steve Erceg: $32,000

Jose Aldo: $21,000
def. Jonathan Martinez: $11,000

Anthony Smith: $21,000
def. Vitor Petrino: $4,500

Michel Pereira: $11,000
def. Ihor Potieria: $6,000

Caio Borralho: $6,000
def. Paul Craig: $16,000

Joanderson Brito: $6,000
def. Jack Shore: $6,000

Iasmin Lucindo: $4,500
def. Karolina Kowalkiewicz: $16,000

Myktybek Orolbai: $4,000
def. Elves Brener: $4,500

Drakkar Klose: $11,000
def. Joaquim Silva: $11,000

Mauricio Ruffy: $4,000
def. Jamie Mullarkey: $11,000

Dione Barbosa: $4,000
def. Ernesta Kareckaite: $4,000

Ismael Bonfim: $4,000
def. Vinc Pichel: $11,000

Alessandro Costa: $4,500
def. Kevin Borjas: $4,000

Under the UFC 301 Promotional Guidelines Compliance program’s payout tiers, which appropriate the money generated by Venum’s multi-year sponsorship with the UFC, fighters are paid based on their total number of UFC bouts, as well as Zuffa-era WEC fights (January 2007 and later) and Zuffa-era Strikeforce bouts (April 2011 and later).

UFC 301 Fighters with 1-3 bouts receive $4,000 per appearance; 4-5 bouts get $4,500; 6-10 bouts get $6,000; 11-15 bouts earn $11,000; 16-20 bouts pocket $16,000; and 21 bouts and more get $21,000. Additionally, champions earn $42,000 while title challengers get $32,000.

In addition to experience-based pay, UFC fighters will receive in perpetuity royalty payments amounting to 20-30 percent of any UFC merchandise sold that bears their likeness, according to officials.

Full 2024 UFC Promotional Guidelines Compliance payouts:

Year-to-date total: $2,920,000
2023 total: $8,188,000
2022 total: $8,351,500
2021 total: $6,167,500
Program-to-date total: $25,657,000

For more on the card, visit MMA Junkie’s event hub for UFC 301.

Source: Yahoo News

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