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NBA: Sides continue to talk as Stern’s deadline passes
By Joseph Hawkes-Beamon November 9, 2011 |
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New York – Commissioner David Stern's deadline has passed while the NBA and its players continue negotiating in an attempt to end the lockout. The two sides met for more than six hours Wednesday to try to hash out a deal to end the 132-day lockout. The meeting got under way at 1 p.m. ET in New York, according to sources reported by ESPN The Magazine’s Chris Broussard. Stern had issued an ultimatum to players: Accept the league's latest proposal by 5 p.m. ET Wednesday or it will be replaced with a much harsher one that would drive the sides even farther apart. The current offer calls for players to receive between 49 percent and 51 percent of basketball-related income, though union officials said it would be impossible to get above 50.2 percent. The NBA Players Association rejected the league's latest labor proposal Tuesday but had asked for one more bargaining session before a 5 p.m. ET deadline Wednesday that, according to Stern, will cause the offer to vanish if there's no agreement. Wednesday was the 132nd day of the second lockout in NBA history to bleed into the regular season. |
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