Owners want to keep $160M, union says

Updated: June 22, 2011, 10:24 PM ET
By Chris Sheridan | ESPN.com

NEW YORK -- It is not just about future money. It's about past money, too.

The union for NBA players spoke out Wednesday about how livid they are that owners are not only asking for $7 to $8 billion in concessions in a proposed new collective bargaining agreement, but also are asking players to give back $160 million that was withheld from their paychecks last season.

The $160 million was collected under the so-called "escrow tax" system to ensure that players received no more than ...

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