Sentences with phrase «owners propose relocation»
RELOCATION AND CONTRACTION: As a last resort to combat monetary losses, the owners propose relocation and possibly contraction of the teams of the NBA.
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It is the belief of the owners that the best way to counter the losses incurred by the league is to propose changes to the current CBA that include: the institution of a hard salary cap with incentive - based salaries that also includes a salary floor, elimination of free - agent exceptions, raised age limits for players to enter the draft, revenue sharing among all NBA teams, and as a last resort, relocation or contraction of teams in the league.