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Mooche
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Mike Monroe of the San Antonio Express-News suggests that if the players don't except the owners' latest offer (which includes a $62 million flex-cap), they will then ask for a hard cap of $45 million, possibly starting a lockout on Friday, which could eliminate the entire 2011-12 season.
Monroe goes on to say that some owners believe that the loss of the season is important for the "long-term viability of the league." The report also states that if the current offer is rejected, a guarantee of $2 billion in annual player payroll will also be withdrawn. While it's possible the season can still be salvaged, the chances of a long-term lockout seem to be high as of today.
Source: San Antonio News-Express
Jun 29, 9:13 PM