Due to a strike Shifts for the first November 2011 scheduled first game of the NBA season between the Dallas Mavericks and the Chicago Bulls until further notice. Since 06/01/2011 the players wrestle NBPA society.Main sticking point that brought the fans of this “nuclear winter”, between the league owners and the players union NBPA is to divide the total annual revenue of around 4.3 billion U.S. dollars. While the old employment contract provided for an apportionment of the total revenue between players and owners of 57:43, the league owners are now demanding a reduction of the players wage rate to 47%.
A union is a group of providers in the labor market, which joins together to jointly exercise market power. This group, which thus forms a kind of cartel, changes the outcome of a particular market sector. In the American League system, and thus also in the NBA, is now the following situation: While the providers have the merger to a union of a better way to enforce the monopoly profit, is the demand side, that the league due to lack of competitive leagues and existing players in the form of a binding instrument monopsony.