Derek Fisher, Nba Lockout | featured news

If you think this deal is bad, wait until tonight. That's essentially what NBA owners have told the league's players as the two sides continue to try and hammer out a labor deal. NBA players have until 5 p.m. Wednesday to accept an offer from NBA owners on a revenue split or the next deal that's offered will be much worse. On Tuesday, the NBA player's union said they were not going to fold in the face of the owner's ultimatum. "There isn't any player that wants us to take a bad deal," National Basketball Players Association president Derek Fisher said.

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.

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

Might there be a glimmer of hope for an on-time start to the NBA's regular season? The meeting will involve the primary negotiators for each side — Commissioner David Stern and the deputy commissioner Adam Silver for the league, with the union represented by its president, Derek Fisher, and its executive director, Billy Hunter.