Stern Expects Labor Agreement To Prevent Cancellation Of Season
Here are David Stern's comments on Aug 11th: "I would say that we have very smart players who recognize that this system is very good to them,'' David Stern said. "You've got 13 players on a roster averaging $5 million apiece, that’s $65 million and what the owners have said is, ‘we’re going to try very hard as we reset this thing to keep you as close to that number as we can.’ "The NFL, which is usually profitable as opposed to the NBA, which isn’t, got the double-digit [revenue] reductions from their players... I expect that we’ll make a deal because the alternative is very destructive," he said. "It’s destructive of $2 billion worth of player salaries and it’s destructive most important to our fans of the game. And if it spirals badly everyone gets hurt. But in some ways I worry because the players have more to lose, especially those in the later stages of their career. So we’re going to do do everything we can when the rhetoric slows down to get this thing back on track... Eventually we’ll get it done. I will not set a deadline on Aug. 11.We're close to two months away." Via RealGM and Boston.com