Collective Bargaining Agreement | featured news

NBA players and owners did not reach a deal early Thursday morning on the bitter labor struggle that has postponed the basketball season.

NBA players have until the close of business on Wednesday to accept the latest proposal from the owners or risk receiving a significantly worse deal afterward. As of early Sunday morning, National Basketball Players Association president Derek Fisher and other representatives of the players’ union were unwilling to accept the deal, which would allow players to receive between 49 percent and 51 percent of revenues.

NBA players could have a choice Saturday: Accept a 50-50 division of basketball-related income or risk having more owners join the hardline faction that wants a 53-47 split in its favor— and a hard salary cap. When talks resume, they may quickly break down unless the sides can compromise on positions that seem to be hardening by the minute.

In a letter, Derek Fisher denies reports of attempts to cut a deal with Commissioner David Stern without the support of other union leaders.

Multiple sources predict a 78-game NBA season will be staged if the players and owners can compromise on the revenue split by next weekend, the New York Post reported Sunday. After hatcheting November's games following another labor negotiation breakdown, NBA commissioner David Stern proclaimed officially Friday that there is no longer a chance of squeezing in an 82-game schedule with a Dec. 1 starting date.

The National Basketball Association announced Friday that all games through November 30 are canceled as team owners and players continue to battle over a new collective bargaining agreement.

The NBA will on Tuesday announce that at least two more weeks of the season will be canceled, after labor talks broke down last week, the New York Daily News reported, citing a source. NBA commissioner David Stern already canceled the first two weeks of the season, which was scheduled to begin Nov. 1, and that is now expected to be extended through Nov. 28, accounting for 102 more games.

Labor dispute talks between the NBA and its players union will continue into Thursday, said federal mediator George Cohen, following two straight days of marathon mediation sessions.

NBA owners and players are meeting for a second straight day, shortly after finishing a 16-hour marathon with a federal mediator.... Commissioner David Stern wanted a deal to bring to his owners this week, otherwise he warned more games may be canceled. Already the first two weeks of the season - exactly 100 games - have been lost.

The first two weeks of the NBA's regular season have been canceled as basketball players and management have yet to reach a deal on a new labor agreement, Commissioner David Stern announced, according to NBA.com.