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Coon: The players gain nothing by holding out

Chuck - Red's Army October 6, 2011 Uncategorized Comments Off on Coon: The players gain nothing by holding out

TrueHoop's Larry Coon uses some simple math to show why the Players Union should accept the current offer from the owners:

The players are holding out for an additional $120 million in 2011-12, but holding out costs them $82.4 million per week. They would lose everything they stand to gain this season in less than two weeks. On Monday the league is expected to announce the cancellation of the first two weeks of the season, which will cost the players $164.8 million.

Over a six year agreement, the players would burn through the $796 million in a little under 10 weeks. If they continue to hold out for 53 percent, and the owners hold firm at 50 percent, the players will reach the break-even point around December 16th. If the sides settle for 53 percent past that date, then the players would have been better off by taking the owners’ offer of 50 percent before games were cancelled.

I'm no math wiz… and Coon's argument makes sense to me. How can the players not see this?

CBS Sports' Ken Berger looks ahead to the weekend:

People understand what's happening, right? The table is set for a deal to be agreed to by Sunday. If either side messes it up, inexcusable.

Unfortunately for us, we've seen both sides make inexcusable moves in the past.

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