Does this not look like a hopeful face to you?
Football, football, SEC, football. Oh, what’s that you say? You want some basketball news? Gotcha. Well, here is a little glimmer of hope for all you fans waiting to see your favorite former Kentucky Wildcats suit up for an NBA team. Formerly of ESPN, Chris Sheridan explains why the NBA lockout may be over a lot sooner than everyone thought. He seems to believe that the two sides are much closer to an agreement than we’ve been led to believe. Is he right? Maybe. Do I hope he’s right? Hell yeah, because I can’t wait to see Josh Harrellson in Spike Lee’s jorts a Knicks uniform.
This is a great take on the ordeal from an insider’s view. While he says the sides may be closer than we think, it seems that he isn’t basing that on his insider connections. This belief is more based on the factual numbers, which he takes time to break down. We’ve heard each side spew out their reasons for not coming to an agreement and how ‘far’ they are from settling, but Sheridan settles it down to about this much:
Or to put it another way, in a business that brought in $4.2 billion in revenues last season, the sides are only $170 million apart for next season.
That is still a significant amount of money, but it is nowhere near as significant as what is being put out there publicly.
After taking into the aspects in Years 1, 2, and 3 compared to those in Years 4, 5, and 6 of a possible deal, Sheridan is able to show that the sides actually are a bit closer to a meeting of the minds, at least with the numerical possibility (aka $$$$).
He says the first thing to look for is if the owners budge just a smidge this coming Wednesday in a meeting (a very important meeting if anyone wants to see an NBA season). He also notes that once the sides come to an agreement on the ‘aggregate dollars’ paid to players, which is a tug of war between 12 and 15 billion right now, then the union and the owners could work out the rest of the kinks of a matter of weeks.
Sherida closes with these rational, but overly hopeful, lines:
I have been saying all along that there is too much to be lost by having a work stoppage that extends into the fall and forces the cancellation of games. And with the NBA coming off a fantastic season in which attendance, ratings and merchandise sales all skyrocketed, there is took much risk of punishing the product to go too far down the bumpy road the owners have chosen to take.
At the end of the day, they have too much to gain by making a deal that gives them a significantly larger share of the pie that what they were getting under the old deal. And lastly, all of the principle players in the negotiations are reasonable and rational men. They are not interested in destroying what they’ve built up over the past several seasons, especially in 2010-11.
What does all this really mean coming from a man not within the actual negotiations? Therein lies the rub…because Sheridan already predicted the sides would come to an agreement before July 1st and avoid an actual lockout. Look how that turned out. Now he’s coming through with another prediction of a settlement in the near future. I really do hope Chris Sheridan’s rationale is shared by at least some behind the closed door meetings. I’d hate to miss out on an NBA season just when our former Wildcats were primed to blossom into full-out stars (at least Wall and Cousins).
TL;DR Hopeful Sheridan is hopeful. Predicts settlement and explains why, but he could be wrong again.