The NBA owners could have voted Tuesday to implement a lockout if no agreement is reached by Thursday night, but instead authorized its bargaining committee the go-ahead to make a deal on its own. Moreover, the league and players agreed to meet Thursday and both suggested an extension is possible if there's progress.
"Nothing in this world is absolute," Stern said, talking about the Thursday night deadline. Yet the commissioner wouldn't discuss the possibility of an extension. "We're not talking about likelihoods, we're looking forward to Thursday's meeting. That will be great," he said.
The main issues remain the same: Most important is the percentage of revenues that will go to the players, who currently receive 57 percent of NBA income. The league wants a more even split. The other issue is the owners' desire for some form of a hard cap on player salaries, which would prevent the richest franchises from outspending the less rich.
- NBA players, owners to meet again Thursday - Stephen Hawkins - AP
- NBA headed for lockout after season of renewed popularity - Ian Thomsen - Sports Illustrated
- Next (and last?) CBA session Thursday - Ken Berger - CBS Sports
- NBA players, owners set to meet Thursday - Marc Stein - ESPN
As deadline nears, sides preparing for worst-case outcome - Fran Blinebury - NBA.com