Essays Tagged: "2011 NBA lockout"


SUMMARY OF PRINCIPAL DEAL TERMS(November 26, 2011)1. BRI Split• Basketball Related Income (BRI) is split 50%/50% each season between the pla ... am salary above Tax level is $1-for-$1 (same as 2005 CBA).NBA/NBPA Tentative Agreement Page 2 11/26/2011• Beginning in year 3, Tax rates for teams with team salary above Tax level are as follows: ... 3.75-for-$1).Tax rates for teams that are taxpayers in at least 4 out of any 5 seasons (starting in 2011-12) increase by $1 at each increment (e.g., for team salary $5M-$10M above the Tax level, the T ...

(9 pages) 2 0 0.0 Nov/2014

Subjects: Law & Government Essays > Civil Rights