The NBA’s labor deal has expired, and the league has locked out its players, the second pro sports league shut down by labor strife.
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.
Representatives for NBA players and owners will meet Thursday in New York City, hours before the collective bargaining agreement expires, and Commissioner David Stern says that’s still enough time for a deal.
The NBA and its players’ association finally sat down again and are planning to get together more frequently. Maybe even enough to prevent a work stoppage.
NBA players’ association executive director Billy Hunter said Monday he is “99 percent sure” there will be a player strike next summer.
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.
The NBA players association is planning legal action over the league’s decision to issue more technical fouls for complaining.