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Monroe: Owners to retract all "concessions" once lockout begins, demand $45M hard cap

Snippet from the article: Here’s the truly bad news: Once the lockout begins, the standoff is going to get nastier. According to NBA executives familiar with the league’s strategies, once the lockout is in place, the owners will push for a hard salary cap of $45 million, the elimination of guaranteed contracts and ask that the players swallow a 33 percent salary cut. The concessions made in recent weeks, including the "flex cap" of $62 million and a guarantee of $2 billion in annual player payroll, will be off the table. Uh, this is bad. Very bad.

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