Re: BREAKING NEWS: NBA training camp to be postponed
Originally Posted by bagelred
Let's have a math lesson everyone.
A drop from 57% of revenue to 46% of revenue seems like an 11% paycut for the players (57 - 46 = 11%). Actually, it's not. It's a lot more.
Let's say there's only one person in the league. League revenue is $10 million. Under the current CBA, that player would get $5.7 million (57%). Under the new CBA, the player would make only $4.6 million (46%)
But $4.6 million is only 81% of $5.7 million ($4.6/$5.7 = .81). Or since the player is making $1.1 million less, we can say it's a 19% paycut ($1.1/$5.7 = .19)
So basically, the owners want the players to take a 19% paycut in salaries.