by Kevin L Davis (@EsquireSports)
In their latest offer made to solve the labor impasse, the Owners have offered the Players what has been termed a "flex cap." While all the details of this system have not been explained, this system would include a "target cap number" of $62 mil, but in certain situations teams would be allowed teams to go over the cap, and certain exceptions would remain. Players also would be guaranteed that they would receive a slice off the revenue pie that would be no less than $2 bil annually over the course of a 10 year CBA.
The dropping of the insistence of a "hard cap" coincides with my expectations. I never expected a hard cap to be implemented during this labor dispute. This is one of the biggest rights afforded to NBA players, so expect Players to right tooth and nail to keep it. Seems now that even the Owners understand this as well, but I'm not sure if this is enough deviance from the "hard cap" to please the Players.
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