NBA Commences Lockout of its Players

Photo by Patrick Lin | Getty Images

After much speculation and discussions, the NBA has officially commenced the lockout of its players. The following is the statement the NBA has released regarding the lockout:

“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.”

What does this mean for the players, teams, league?

  • 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
  • Teams will not conduct or facilitate any summer camps, exhibitions, practices, workouts, coaching sessions, or team meetings.

Los Angeles Laker and President of the Players Union had this to say regarding the lockout:

“My level of disappointment is for a lot of our fans and people who follow our game,” Fisher said. “Although they’re not going to miss any games at this point, they still just don’t like the prospect of a lockout. We don’t like it either. But our owners feel like it is the best way for them to get what they want. We don’t agree. We’re still going to continue to negotiate in the midst of this lockout.”

NBA Commissioner David Stern brought up an interesting point that the players and owners should start from “scratch” to work on the new deal during the lockout:

“The players on the way out suggested to us that when we reconvene maybe that we should start from scratch. Maybe there are things that we should think about that we haven’t thought about before. I don’t mean to suggest [the league's current offer] is ‘off the table’ in any threatening way, it just hasn’t done the job. The question is what does it take on both sides to get the job done.”

Most of all, we, the fans, lose out. Both sides do seem encouraged to work on a deal during the lockout so that’s the best optimism you could take from all this news. Either way, we’ll be here strong and loud reporting on any Lakers news (if any) and bringing you updates regarding the lockout during these dark times. Speak up Laker Nation, let your voices be heard as fans!

Chris Manning is a co-owner and video producer for TheLakersNation.com. In addition to his "LD2k" fan-video productions, Chris is working as the "Production Manager" for HS3; A Digital, Brand Strategy and Marketing company based in L.A. which represents the digital entities of numerous high-profile athletes. You can follow him on Twitter for a wide array of sports/Lakers talk!
  • Evilmrchicken

    Gah, I hate Stern so much -_- And does this mean that ‘super teams’ like the heat won’t be around for another season? 

    • Lil_Ramsic

      i think what they mean is that all the teams will be more equal in the salaries of their players, i imagine teams like: boston, LA, miami etc have the most payed players, for example if miami’s players get paid $100m and clevelands players get paid $80m then cleveland could sign a superstar without the need of trading picks or a player (unless the other team wanted a pick and/or player). so basically it’s just to make all the teams more equal in the salary they give their players so that the crappy teams like cleveland, minnesota etc. can buy a superstar player and supporting players to help their organization win some championships. i think that’s it but im not 100% sure on it tho. hope i helped tho

  • laked2423

    YOU KNOW WHAT IM SICK OF HOW FUCKING “CLASSY” THE TEAMS THE OWNERS AND THE FUCKING DAMN STERN! CLASSY NOW WE ARE GONNA END UP LIKE FUCKING NFL. FUCKING OWNERS YOU GUYS ARE FUCKING CHEAP OWNERS!

  • Dave

    As much as I like Derek Fisher, the bottom line is professional athletes are out of touch with reality. They get millions to play a kids game for a living but it is never enough. All the talk about how much they care about us (the fans) is a load of @#$%^. If they really cared about us they would keep salaries down so ticket prices would be more accessible to us. Everything I have read says that the players just keep saying no but do not offer their own alternatives. Sounds like “good faith” bargaining to me. Just once I would like to hear one of these athletes say how much is enough.

    • ilikebasketball

      the owners are also making millions and millions and millions.
      the players money is just more in the public eye.

      there are two sides.

      but yea….if either of them cared they would BOTH take paycuts and lower ticket prices for REAL fans

    • http://pulse.yahoo.com/_AV5BPETCSK36N735GIGQ276S44 Justin Mooshabad

      I am getting so annoying when I hear Fisher thanking the fans for support. You thank us for support, but the players turn down every offer put on the table. Your not running for public office yet D Fish. Stop the b.s and pick up a freaking ball and get paid your million, geez.

  • Elizabeth Zuniga

    Come on Lakers or other Teams Lockout no way .. What I am going to do .. you Daft player trad player know this Lockout you should done this backwards.

    I am Lakerfan and I would not have a basketball game to watch starting in October. please getout of the Lockout and start the game.

    Elizabeth Zuniga
    Lakers Fan
    EAZ1027@aol.com

  • Elizabeth Zuniga

    I said STOP THE LOCKOUT

  • laffsatu

    HEY BRYANT NEEDS JET FUEL FOR HIS HELICOPTER….NOT TOO OUT OF TOUCH!!!!!

  • Oso4life

    It’s all David Stern’s fault, and his NBA fashion issues!

  • ilikebasketball

    i’m a union man, and a supporter of american labor. and i haven’t much liked stern ever, really. But a more competitive NBA may be  a good thing.  But i’m sure the above is just the owner’s side of things.
    What i’d like is for both of them to take a paycut, fire the half time shows at games, and lower the prices of tickets and food at games.

  • http://pulse.yahoo.com/_AV5BPETCSK36N735GIGQ276S44 Justin Mooshabad

    There are people in this country living from paycheck to paycheck wondering if they’ll be able to pay their heating bill for the month while billionaires (owners) and millionaires (players) are arguing about their money. Oh well, with this lockout I guess Ferrari isn’t going to have a record breaking sales year, so sad.

  • Anonymous

    I’m Looking forward to more stories about Artest changing his name to Peace, Goudelock finishing his sociology degree, and Ater Majok’s stats in the Aussie league.  Lots of good stories coming up in the months ahead.