Word: caps
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...salary of $2.6 million, want to retain the ability to earn unlimited pay as free agents. "There is no reason why we should be restricted in what we're making while the owners are cashing in," says Chicago Bulls guard Steve Kerr. The owners insist on a firm salary cap for each team, to reduce the share of revenue that goes to players. (Last year it was 57% of about $1.7 billion.) To that end, the owners have proposed phasing out the so-called Larry Bird exception, which lets each team break its salary cap ($26.9 million per franchise last...
...horrible," Casquarillo said of her experience last year. "One night I slept with two pairs of socks, sweatpants, two comforters, and a ski cap...
Late one night last week, a young man with a large baseball cap pulled down over his scraggly hair to his nose, bought a pack of cigarettes from Store...
...costume includes a Fu-Manchu style mustache, a pigtail, glasses and a cap...
...spending too much money chasing too little talent, the owners of the 29 NBA franchises now want protection from themselves. After canceling the first two weeks of the basketball season, they're insisting no play will begin until players and owners agree on a new contract containing a salary cap that limits how much a team can spend on players. That's going over like a lead jump shot with the players union, which wants to let teams spend more on players if they pay a "luxury tax" for the privilege to the poorer teams in the league; that, presumably...