T-bird's post got me thinking.
I have a different, more radical concept.
My radical concept for a new CBA would likely be even more simple, and would potentially change the way professional sports contracts are handled going forward. I would completely do away with the CBA in its entirety. I would also completely change the ownership structure of the league in its entirety also.
As a league, why shouldn't all existing franchises complete a "merger of equals" into a league ownership consortium where existing owners receive stock (that would then become publicly traded stock) in a newly formed corporate structure with percentages of ownership determined by what the current market valuation of each team is after subjecting the entire league to independent appraisal of every franchise. These initial owners would be issued Class A stock with voting shares just like most publicly traded corporations, as well as those shares of final league profit.
Then, the players would receive some sort of security that has value based on their own estimated "market value" that would also end up publicly traded with no voting rights but also shares of final league profit. The difference is that this security would be more like a commodity contract in that it would have a fixed expiration at the end of the player's employment contract with the corporation.
Then, run the entire league just as large corporations are run, with performance based compensation packages, as well as the risk that anyone employed in any position can be fired at any time if they fail to perform for whatever non-injury related reason (whether it be just a simple degradation of skills, or whatever transgressions the employee might have due to personal conduct outside of their employment).
All of a sudden, free enterprise and actual market forces begin to shape the league, and there are incentives to both cut costs and increase productivity on both sides of the current equation! There are no longer Tinsleys or Marburys or Stephen Jacksons or Jailblazers because they are subject to immediate termination of employment, with loss of all income, and the free market then determining that the player's valuation on any commodity style contracts that are based upon that player becoming zero due to lack of interest in a player no longer being in the league. The expiring nature of the commodity-like contracts would also allow room for new contracts to be issued to new players coming into the league through whatever means they come in, whether it be though the draft or some other mechanism.
In that all Class A shares / Class B commodity-like shares would be able to be publicly traded, all parties involved would have the opportunity to sell or buy either class of shares, or to actually sell them to the public! Imagine being able to own Class A shares of the Pacers, or Class B shares of whatever player around the league that you want to, for whatever reason you choose! Imagine how the market valuations would fluctuate with team and player performance, and the interest that would drive towards both players and individual teams!
I am certain that there are lots of holes that need to be poked into this idea, but I feel that the NBA system needs to be completely re-thought from the business model on up.
Let the free market rule!