How the NBA will vote on the future of the NBA’s Board of Governors
With a $1.2 billion contract extension for LeBron James set to expire at the end of the month, it’s time for the NBA to make the most of its new financial flexibility.
That’s because, according to a new survey, the NBA board of governors is far more supportive of the idea of expanding the Board’s authority than ever before.
“We’re still pretty conservative on expansion,” ESPN’s Mike Conley said during an appearance on The Breakfast Club with Stephen A. Smith.
“The NBA is in a pretty strong position right now.”
As part of the league’s deal to expand into digital and social media, the league also agreed to provide the new Board with the ability to approve up to $2.5 million in “performance bonuses” for each of the 50 players that make the team each season.
While the idea has been discussed before, Conley noted that the NBA hasn’t gone into full detail about what it could do with those bonuses.
In his opinion, it would only be used to supplement the salary cap.
“The question is: Is it enough?”
Conley told the hosts.
“If it’s not enough, what about the other 50 guys?
And if the other 49 guys are making the playoffs, why is it so hard for the next 50 guys to get an incentive package?”
So, there are all kinds of different scenarios that the league could consider, and the board has the authority to determine those.
“According to the survey, 63 percent of respondents said they wanted to see the Board of Directors expand its powers to include more specific awards like salary caps.
However, the biggest obstacle to expansion is the perceived lack of diversity in the NBA.”
I think the NBA should take the position that the Board has the power to do this and expand, but the board hasn’t done so.”ESPN’s Michael Lee said the current collective bargaining agreement between the NBA and the players union gives the NBA more leeway than it has ever had.””
We’re a minority sport in the league, and we don’t get to be a majority sport in a league with such a big cap.
I think the NBA should take the position that the Board has the power to do this and expand, but the board hasn’t done so.”ESPN’s Michael Lee said the current collective bargaining agreement between the NBA and the players union gives the NBA more leeway than it has ever had.”
Now you’ve got the board empowered to do things like increase the salary-cap for a player, or the salary for a team,” Lee said.
“That would have to be ratified by the players, but I think it’s going to be pretty hard to convince the players to do that, so I think there’s a lot of room for expansion.”