Lockout in the NBA
At the close of the 2010-2011 NBA season, the Collective Bargaining Agreement, or CBA, between players and team officials expired, leaving the NBA in a state of limbo. Basically, the old CBA gave players millions of dollars and benefits but resulted in 22 of the 30 teams in the league losing money since 2005. This lockout has extinguished all activity in the league for the time being. In order for the NBA to get back on track, players and team owners must agree to a new CBA. The only problem in that owners feel that they need to reduce salary caps and benefits for players to start being profitable organizations again, and of course the players don’t want to lose that money. This problem has resulted in players being very stubborn in new CBA negotiations and little progress has been made. Because of the impending lockout, many players have begun playing in recreational leagues and some have even juggled the idea of playing overseas in Europe or Asia until the lockout is resolved.
http://www.nba.com/2011/news/07/01/nba-labor-lockout.ap/index.html
I found this information by going to Google.com. In the search bar, I simply searched “nba lockout” because I knew that it would be a good way to start looking for information. I noticed that the first result was a link from NBA.com, so I figured that would be a credible source. The article was two months old, but I figured it would be filled with lots of background information to give me a good idea of what exactly was going on in the NBA. I read through the article and it provided me with more than enough information to write a short piece on.
tags: NBA, Collective Bargaining Agreement, David Stern, money, lockout, salary, negotiations,