First and foremost, we rejoice! The owners and the players decided it’s a good idea to keep this faucet running. Let’s hope there’s no Kevin McCallister’s floating around once the new agreement is underway.
Some things never change.
- The split of Basketball Related Income will remain the same. BRI was hotly contested during the 2011 lockout and the 50/50 split (a sharp decline from the 57% players previously received) is what seems to make the least amount of people angry. So basically some 350+ players get half of everything and some 30 ownership groups get half of everything else. I guess the huge television deal they just brokered made it pretty easy for everyone to feel taken care of.
- The One-and-Done rule will still apply for underage hoop stars. While it makes sense for some guys who are not physically or mentally ready for the NBA, it’s a glaring market inefficiency. If you are a team, and one of your skills is developing talent, it would stand to logic that you’d want to get a hold of a potential star as early as possible. Instead the NCAA will continue to develop and market 18 & 19 kids as stars prematurely.
- This all doesn’t mean much for the Knicks as a team. James Dolan has usually wanted to keep business humming right along because in New York it’s always booming. He tends to cast his onerous (see what i did?) vote in favor of whatever provides the most tickets and subscriptions to sell. As per the age limit, Dolan will run Phil Jackson out of town soon enough and force the new guy to put the next several draft picks into some irrational trades sooner or later. I don’t think Mister James will be too upset by any of the changes, though.
Some things rearrange.
- The maximum roster size will increase from 15 to 17. This will allow the Knicks to take a flier on someone who played well in preseason but let’s say they broke their face or something crazy like that. Now they can keep that cool fella around without the fear of prematurely cutting an impactful player at a shallow position. I’m just rapping here.
- This will be done by creating a pair of two-way contracts for every team. Essentially every team can hold onto some guys that they intend to develop without sacrificing. It will bolster the D-League and create a little synergy with the big club.
- The other thing that will help bolster the D-League is a much needed wage increase. The average D-League salary was $26,000 a year. Now it will increase to as much as $75,000 a year. While that won’t wrangle every potential overseas player to the States, it should put a hitch in some poeples’ plans. Euro-league salaries are still going to be more satisfying for your average professional since the average salary there is more like $100,000 tax free with many of your main expenses paid for. It might coax some exciting and talented guys to stay home, or conversely make the leap to North America.
- Speaking of salaries, fixed salaries will get an increase to measure up properly with the spike in the salary cap. Rookie deals, veteran’s minimum deals, exceptions and the like will all be increased to represent a similar percentage of the new cap that they held under the old cap. Kristaps Porzingis will still be on one the best contracts in the league by a billion bullion.
- The biggie in the contract world is going to be the Designated Player extension. It’s made to award a small handful of elite players so don’t get too worked up. Teams will now be able to offer as many as two players 6-year extensions provided they meet some part of a set of requirements. So basically as soon as Kristaps is nominated the unanimous MVP, the whole league can offer him 35% of their salary cap provided he is eligible for extension. Otherwise it will allow the Knicks to offer Kris a 5-year deal when he is up for rookie extension and a 6-year behemoth when he’s a true blue veteran.
- Pre-season will take a hit. Aw too bad, so sad. Pre-season will have a few games lopped off. The season will start a little bit earlier and games played in back-to-back nights will be cut back even further. It keeps star players on the court which will keeps seats in butts. Yep, covered in butts. The league sort of tested this by having nationally televised pre-season games this year. I was appalled, but I’m some shmendrick on a blog.
- The over-36 rule is now going to be the over-38 rule. Basically that is going to make it easier for Kevin Willis to be re-signed this off-season. I’m sure he’s curling Muggsy Bogues’s in anticipation.
So there ya have it, I’m sure there’s a way to mess it up. I’m sure the Knicks will figure out precisely and immediately how to do expressly that. Cheers to seven more years of basketball uninterrupted.