NBA labor negotiations at impasse
Source: Agencies |
October 6, 2011, Thursday
|
Print Edition
Print Edition
UNABLE to reach a deal, NBA owners and players walked away from the negotiating table and don't know when they will meet again.
If it's not in the next few days, they can forget about playing 82 games.
Without an agreement by Monday, the beginning of the regular season will be canceled, and both sides will lose millions of dollars and perhaps countless fans.
"We're ready to meet and discuss any subject anyone wants to talk about," NBA Commissioner David Stern said in New York. "We'd like not to lose the first two weeks of the season, but it doesn't look good."
Though the financial gap closed slightly, once the players' association said it wouldn't entertain the idea of a 50-50 revenue split, the league canceled the remainder of the preseason.
No further meetings are scheduled - union executive director Billy Hunter said it could be a month or two until the next one - making it even more likely the league will lose games to a work stoppage for the first time since 1998-99.
If it's not in the next few days, they can forget about playing 82 games.
Without an agreement by Monday, the beginning of the regular season will be canceled, and both sides will lose millions of dollars and perhaps countless fans.
"We're ready to meet and discuss any subject anyone wants to talk about," NBA Commissioner David Stern said in New York. "We'd like not to lose the first two weeks of the season, but it doesn't look good."
Though the financial gap closed slightly, once the players' association said it wouldn't entertain the idea of a 50-50 revenue split, the league canceled the remainder of the preseason.
No further meetings are scheduled - union executive director Billy Hunter said it could be a month or two until the next one - making it even more likely the league will lose games to a work stoppage for the first time since 1998-99.
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