SPORTS
March 24, 2012 | By Baxter Holmes
A financial riddle stumped officials in one NBA team's front office. It concerned the league's byzantine legalese regarding the salary cap. They needed help, fast. One official phoned the league office, seeking clarity. Another inspected the text of the NBA's collective bargaining agreement, a canon of lawyerly jargon as comprehensible as Sanskrit. Then, another official surfed to an exhaustively detailed online FAQ about the NBA labor deal authored by Larry Coon, a 49-year-old information technology director at UC Irvine.
SPORTS
February 6, 2012 | Helene Elliott
The Kings beat the clock once this season, scoring the winner against Columbus last Wednesday at Staples Center despite a one-second timing pause late in the third period (more on that later). Now, can they beat the clock before the Feb. 27 trading deadline and make a deal to boost their anemic offense? The Kings' goals-per-game average shrank to 2.09 after they started a six-game trip with a 1-0 loss at St. Louis and 2-1 loss at Carolina. Only the Dustin Brown - Anze Kopitar - Justin Williams line has been reliable.
CALIFORNIA | LOCAL
January 26, 2012 | By Carla Rivera, Los Angeles Times
Faced with mounting public and legislative pressure to rein in presidential pay packages, California State University trustees Wednesday adopted a new policy that limits executive compensation. The policy will cap the salary of newly hired presidents at 10% above that of their predecessor, with a ceiling of $325,000 in public funds. The measure was approved unanimously by the Board of Trustees at a meeting in Long Beach. The action followed a public outcry over the decision in July to pay the new president of San Diego State University an annual salary of $400,000 — $350,000 in public funds and $50,000 from a campus foundation — which was $100,000 more than his predecessor.
SPORTS
December 16, 2011 | By Ben Bolch
It's Christmastime in the NBA. What did the amnesty clause bring your team? The Clippers got Chauncey Billups, adding a former All-Star guard to their improving-by-the-minute roster for the bargain-bin price of about $2 million. Gilbert Arenas and Baron Davis are other waived players who could be had for little more than a cup of eggnog, at least by NBA salary standards. The NBA's new collective bargaining agreement has produced other peculiar-sounding gifts that could keep on giving into 2012.
SPORTS
December 8, 2011 | By Broderick Turner
Finally, basketball is back. NBA Commissioner David Stern announced Thursday that the owners and players ratified a new collective bargaining agreement, the final steps to ending the 161-day lockout that began July 1. That allows teams to officially open training camp Friday and for the free-agency period for the 2011-12 season to begin, at 11 a.m. PST. The NBA's regular season will begin Christmas Day, the start of a shortened, 66-game...
SPORTS
November 28, 2011 | By Mike Bresnahan
So the Lakers want to sign a veteran player who is waived by another team? Baron Davis, Brandon Roy, Rashard Lewis? Not so fast. Details are still emerging from the NBA's yet-to-be-ratified collective bargaining agreement, but the Lakers will have to get in line and bid for players who are cut via the one-time "amnesty" clause. The process is not designed to favor the wealthy, successful teams. It's designed to help teams well below the salary cap. While the Lakers already have a payroll of $91 million for only 11 players, almost half of the NBA's 30 teams will be below the salary cap of $58 million after signing their draft picks and can potentially offer millions more than the Lakers for waived players.