Your English writing platform
Discover LudwigSuggestions(1)
Exact(2)
So why are N.B.A. owners seeking such significant reductions in player salaries, reportedly to about 45 percent of league revenues?
It turns out that Fehr has several major objections to the N.H.L.'s offer, which he called "not quite as Draconian as their previous proposals" but "still represents enormous reductions in player salaries and individual contracting rights".
Similar(58)
A potentially significant reduction in player payroll is a powerful incentive for the owners to hold out.
The reduction in player salaries should offset the N.B.A.'s reported $300 million in annual losses, and provide a savings of about $3 billion over the 10-year agreement.
The league, claiming losses in the hundreds of millions, is seeking a reduction in player salaries of up to 38 percent and a hard salary cap.
The union has repeatedly cast doubt on those figures and steadfastly opposes the proposed changes, which include a 40 percent reduction in player salaries and a hard salary cap.
Owners are proposing a fundamental overhaul of the N.B.A.'s economic system, including a hard salary cap, shorter contracts and a 38 percent reduction in player salaries (about $800 million).
The biggest snag among many to be worked out was the so-called make-whole provision, by which existing contracts would be paid in full despite a proposed reduction in player earnings from 57 percent of league revenues to 50 percent.
The league wanted an overhaul of its $4-billion-a-year 4-billion-a-year 4-billion-a-year 4-billion-a-yearion annual renterprisen plandr salarits and a matrix of new restrictions on contracts and team payrolls.
The deal, which was agreed on in principle several weeks ago, includes a 12 percent reduction in player salaries, a limit to the length of player contracts and a host of other changes designed to shrink the gap between the strongest and weakest teams.
Instead, Stern is standing by the proposal he made in January, which includes a 38 percent reduction in player salaries (about $800 million), a rollback of existing salaries, a hard salary cap, shorter contracts, elimination of all cap exceptions and a major reduction in contract guarantees.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com