By Chris Sheridan
NEW YORK — NBA labor talks will resume this afternoon in New York, and they are expected to last through the weekend — if not longer. Prior to today’s bargaining session, there will be a player meeting including some of the league’s biggest superstars. If you believe Virtus Bologna owner Claudio Sabatini, Kobe Bryant will be among them.
There is some news out there this morning on a few of the details of what the owners are seeking, some of which has been reported before, some of which hasn’t.
From Marc Stein of ESPN.com:
“Shortening guaranteed contracts to a maximum of three or four seasons. Limiting Larry Bird rights — which enable teams to exceed the salary cap to re-sign their own free agents — to one player per team per season. Reducing the annual mid-level exception, which was valued at $5.8 million last season, to roughly $3 million annually and limiting mid-level contracts to a maximum of two or three seasons in length as opposed to the current maximum of five seasons. A new “Carmelo Rule” that would prevent teams — as the New York Knicks did in February with Anthony — from using a Bird exception to sign or extend a player acquired by trade unless they are acquired before July 1 of the final season of the player’s contract. The abolition of sign-and-trades and the bi-annual exception worth $2 million. Significant reductions in maximum salaries and annual raises and a 5 percent rollbacks on current contracts. There are also still some teams, sources say, who are pushing for some sort of franchise-tag system similar to what the NFL employs as well as a restriction that allows big spending teams to exceed the annual luxury-tax threshold only twice every five seasons.”