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Thread: NBA Affirms Intent To Roll Back Existing Contracts

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    Default NBA Affirms Intent To Roll Back Existing Contracts

    Nov 02, 2010 1:45 PM EST
    The NBA affirmed its intent to seek a rollback of existing contracts. In addition to changing the rules governing contracts signed after the new collective bargaining agreement is in place, the league office will attempt to reduce current salaries, too.

    "Yes. It's part of our proposal," Adam Silver said. "It included a reduction of existing contracts in addition to a reduction of the maximums going forward."

    Silver was asked if Miami's big three would be expected to take a pay cut.

    "That's what they did in the NHL," Silver said. "That was the system they had. All existing contracts were cut a certain percentage."

    Via CBS Sports
    General Basketball



    Read more: http://realgm.com/src_wiretap_archiv...#ixzz149LnQKNN

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