By Alex Madrid / info@eurohoops.net
The Higher Sports Council held a meeting between representatives of the ACB and the ABP (Basketball players’ union) and finally the Copa del Rey will be played.
ACB and ABP reached an agreement on the key points of the IV Collective Agreement and the players won’t go on strike. The key matter of the players’ Social Fund was the reason for the conflict and it was resolved with the league continuing funding it with 315.000 euros for the next two years, 280.000 euros in the third year and 270.000 in the fourth. The rest of the money will be contributed by a fee paid by the players who are members of the ABP.
The new agreement also includes a rise in the base salary of the players and also a rise in the “qualifying offer” of tanteo, the Spanish version of the restricted free agency.
According to the Spanish League statement, the participation of the Secretary of State for Sport, Jose Ramon Lete, has been fundamental during the negotiation process.