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Utopia


In an interview after the signing, Kessler says, "I still believe it was a terrible vote for the players and they are going to regret it for a long time,". Jordan had similar, but different thoughts. "I am with the majority as long as two years down the road they can live with the repercussions of what this deal is going to give them".
             Michael Jordan and Jeffrey Kessler jinxed the agreement. On Tuesday June 30, 1998 at midnight, the NBA Board of Directors locked the players out. The owners, again frustrated over the percentage of BRI that the players received shut down all personnel transactions, workout facilities, and summer camps. The immediate cause of the lockout stems from the $995 million in total salaries, or fifty-seven percent of BRI that the players received instead of their contractual forty-eight percent. Still, other issues caused the lockout. The league wants:.
             A firm salary cap that cannot be broken. .
             The Larry Bird clause to be phased out in two years.
             The annual increase for veterans limited to five percent.
             A guaranteed five-year rookie contract with the right of first refusal for one year. .
             A drug policy that includes heroin, cocaine, alcohol, and marijuana.
             The owners wants are not unwarranted. They feel as though a stern salary cap will curve the large contracts that have recently taken precedence in the league. This will also help control the division of BRI. The rookie contract request stems from the amount of rookies who enter the league and have excellent initial seasons. The rookies would then leave their drafting teams to the highest bidder where they eventually help their new team compete for a NBA Championship. The owners feel that the mandatory five-year rookie contracts will allow the drafting team to get the better years out of the rookie before he leaves for another team. Last, the owners feel that players are passing the drug tests, but still enjoy alcohol and marijuana.


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