Last March the owners proposed a $46 million threshold and a 40 percent tax rate.

They also agreed that it would not be used in 2000, which the owners proposed as the last year of a five-year agreement.

The owners instead proposed to cut $2 billion over the next 10 years.

The owners proposed a 50 percent tax with a threshold of $40.7 million, the average 1994 payroll.

The owners are proposing a less dramatic increase for such players.

That decision was reversed hours later when the building's owner proposed to dismantle the building over several weeks.

The owners have proposed an increase in roster size from 45 to 47 players, while the union has asked for 52.

The owners have proposed a straight pool, in which all recipients share equally.

The owners proposed to generate $35 million from the tax.

The owners have proposed that $85 million be put in a commissioner's discretionary fund.