NBA owners and players are meeting for a second straight day, shortly after finishing a 16-hour marathon with a federal mediator.
NBA owners apparently weren’t bluffing when they said they wanted competitive balance just as much as a chance to profit.
National Basketball Players Association Director Billy Hunter joined WFAN’s Mike Francesa for about an hour on Wednesday to clarify the status of NBA lockout negotiations.
Two weeks of NBA games are lost. Many more could be in jeopardy.
Top negotiators for both sides met for more than seven hours Monday, returning to bargaining about 14 hours after ending talks Sunday night.
Top negotiators for the NBA and players’ association met Sunday night in perhaps the last chance to avoid canceled regular-season games.
So it comes down to this. After a lockout that has lasted more than three months, whether the NBA season starts on time could hinge on one “very huge day” in labor talks.
The long looks on players’ faces and the anger in Deputy Commissioner Adam Silver’s voice made it obvious: There was no progress Tuesday in talks to end the impasse.
NBA Commissioner David Stern, union president Derek Fisher and their top advisers are spending more time talking about a new labor deal. Next week, they’ll find out if they can make progress in a bigger group.
Representatives for NBA players and owners have arrived for a meeting in Manhattan that could determine if there is a lockout, about 12 hours before the expiration of the collective bargaining agreement and seemingly nowhere close to a deal.
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.
David Stern said the league wants player costs to drop $750-800 million. Deputy commissioner Adam Silver said the NBA spends about $2.1 billion annually in player salaries and benefits.