NBA offer a bad deal? You decide

David Stern in a 2010 file photo. (Apr. 22, 2010) Credit: AP
The union leaders called it "unacceptable." The NBA called it the last offer they will make with any concessions off their original position.
So let's present to you the major points of the NBA's latest proposal and leave it to you to decide if it is a good deal or a bad deal and why.
(Credit information to Howard Beck of the New York Times, who obtained the letter with the official proposal from the NBA to the NBPA):
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Your thoughts, Fixers?

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