NBA, Union Hold Another Round Of CBA Talks
NEW YORK (AP) — Representatives from the NBA and its players association have completed another meeting to discuss a new collective bargaining agreement.
NBA spokesman Mike Bass says Thursday’s session included “frank and direct dialogue” of some key issues and the sides agreed to meet again in December.
The CBA expires June 30, 2011, and owners are seeking significant changes in the next one. Commissioner David Stern said last month the league wants salary costs slashed by $700 to $800 million, about a third of what it pays out now.
Players are resisting the changes, and both sides have said progress must be made by February’s All-Star game to avert fears of a lockout.
Copyright 2010 The Associated Press.